Insider Selling: WESCO International (NYSE:WCC) CFO Sells $11,516,418.44 in Stock

WESCO International, Inc. (NYSE:WCCGet Free Report) CFO David Schulz sold 31,951 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $360.44, for a total value of $11,516,418.44. Following the sale, the chief financial officer owned 77,038 shares in the company, valued at approximately $27,767,576.72. The trade was a 29.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

WESCO International Stock Up 1.4%

WESCO International stock opened at $355.92 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.22 and a current ratio of 2.12. The business’s 50-day simple moving average is $290.91 and its two-hundred day simple moving average is $275.69. The company has a market cap of $17.32 billion, a PE ratio of 25.30, a PEG ratio of 2.26 and a beta of 1.54. WESCO International, Inc. has a fifty-two week low of $160.70 and a fifty-two week high of $368.90.

WESCO International (NYSE:WCCGet Free Report) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.49. The business had revenue of $6.08 billion for the quarter, compared to the consensus estimate of $5.86 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Equities analysts anticipate that WESCO International, Inc. will post 15.7 EPS for the current year.

WESCO International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, March 13th. This is a boost from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s dividend payout ratio (DPR) is presently 14.21%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WCC shares. Stephens boosted their price objective on WESCO International from $275.00 to $350.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Barclays boosted their price objective on WESCO International from $313.00 to $375.00 and gave the company an “overweight” rating in a report on Monday, May 4th. KeyCorp boosted their price objective on WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Weiss Ratings raised WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $321.38.

Check Out Our Latest Analysis on WESCO International

Hedge Funds Weigh In On WESCO International

A number of large investors have recently bought and sold shares of WCC. EverSource Wealth Advisors LLC raised its holdings in WESCO International by 95.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock worth $139,000 after purchasing an additional 368 shares during the period. Gamco Investors INC. ET AL acquired a new position in WESCO International in the 2nd quarter worth about $573,000. California State Teachers Retirement System raised its holdings in WESCO International by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company’s stock worth $8,446,000 after purchasing an additional 365 shares during the period. BNP Paribas Financial Markets raised its holdings in WESCO International by 516.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock worth $7,659,000 after purchasing an additional 34,649 shares during the period. Finally, Lazard Asset Management LLC raised its holdings in WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock worth $740,000 after purchasing an additional 54 shares during the period. Institutional investors and hedge funds own 93.75% of the company’s stock.

More WESCO International News

Here are the key news stories impacting WESCO International this week:

  • Positive Sentiment: WESCO’s latest results topped estimates, with EPS of $3.37 versus $2.88 expected and revenue of $6.08 billion versus $5.86 billion expected, while FY 2026 EPS guidance was raised to $15.00-$17.00. This supports the stock’s recent rally and suggests improving earnings momentum.
  • Positive Sentiment: Management cited stronger data-center demand and higher forward guidance, which investors appear to view as a durable growth driver for WESCO’s distribution business.
  • Positive Sentiment: Several analysts have raised price targets recently, adding credibility to the bullish outlook and helping offset concerns about valuation after the run-up.
  • Neutral Sentiment: Stephens kept a Hold/Equal Weight view on WESCO International, even as it lifted its target, indicating some caution after the sharp move higher. Stephens Keeps Their Hold Rating on Wesco International (WCC)
  • Negative Sentiment: Multiple insiders sold stock in recent days, including CEO John Engel and CFO David Schulz, which can pressure sentiment because it may look like executives are taking profits after the stock’s strong advance. CEO John Engel SEC Filing
  • Negative Sentiment: Additional insider selling from several EVPs, the CAO, and a director reinforced the impression of broad insider profit-taking, which may weigh on the stock near term. Example SEC Filing (Diane Lazzaris)

About WESCO International

(Get Free Report)

WESCO International, Inc is a leading global distributor of electrical, industrial, communications and utility products, serving a diverse customer base across maintenance, repair and operations (MRO), original equipment manufacturing (OEM) and construction markets. The company offers a comprehensive portfolio of products ranging from power distribution and automation solutions to data communications, security systems and lighting controls. Through an extensive branch network, WESCO provides critical components and value‐added services that help organizations streamline operations and improve reliability in their facilities and infrastructure.

In addition to its broad product offering, WESCO delivers advanced supply chain management and logistics solutions designed to optimize inventory levels, reduce downtime and lower overall procurement costs.

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Insider Buying and Selling by Quarter for WESCO International (NYSE:WCC)

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