WESCO International, Inc. (NYSE:WCC – Get Free Report) EVP Akash Khurana sold 4,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total value of $1,436,520.00. Following the transaction, the executive vice president owned 30,775 shares in the company, valued at approximately $11,052,225.75. This represents a 11.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
WESCO International Trading Up 1.4%
NYSE:WCC 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. WESCO International, Inc. has a one year low of $160.70 and a one year high of $368.90. The business’s 50-day simple moving average is $290.91 and its 200 day simple moving average is $275.69. The stock has a market cap of $17.32 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 2.26 and a beta of 1.54.
WESCO International (NYSE:WCC – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, topping the consensus estimate of $2.88 by $0.49. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The business had revenue of $6.08 billion for the quarter, compared to analysts’ expectations of $5.86 billion. During the same quarter in the previous year, the firm posted $2.21 earnings per share. The company’s revenue was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, sell-side analysts predict that WESCO International, Inc. will post 15.7 earnings per share for the current fiscal year.
WESCO International Increases Dividend
Wall Street Analyst Weigh In
WCC has been the topic of several recent analyst reports. Barclays boosted their price target on WESCO International from $313.00 to $375.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. KeyCorp boosted their price target on WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Stephens boosted their price target on WESCO International from $275.00 to $350.00 and gave the stock an “equal weight” rating in a research note on Monday, May 4th. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, JPMorgan Chase & Co. upped their price objective on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $321.38.
Check Out Our Latest Stock Report on WCC
Hedge Funds Weigh In On WESCO International
Several institutional investors have recently made changes to their positions in the stock. Bessemer Group Inc. grew its holdings in shares of WESCO International by 2.4% during the first quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock valued at $606,000 after purchasing an additional 51 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of WESCO International by 10.3% during the first quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock valued at $248,303,000 after purchasing an additional 84,905 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in shares of WESCO International by 3.5% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 14,878 shares of the technology company’s stock valued at $4,071,000 after purchasing an additional 500 shares during the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of WESCO International during the first quarter valued at approximately $61,000. Finally, DGS Capital Management LLC bought a new position in shares of WESCO International during the first quarter valued at approximately $225,000. 93.75% of the stock is owned by institutional investors.
Trending Headlines about WESCO International
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)
WESCO International Company Profile
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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