Matthew Kulasa Sells 1,030 Shares of WESCO International (NYSE:WCC) Stock

WESCO International, Inc. (NYSE:WCC) CAO Matthew Kulasa sold 1,030 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $351.86, for a total transaction of $362,415.80. Following the transaction, the chief accounting officer owned 3,146 shares of the company’s stock, valued at $1,106,951.56. This represents a 24.66% 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 50-day simple moving average of $290.91 and a 200-day simple moving average of $275.69. The firm has a market capitalization of $17.32 billion, a P/E ratio of 25.30, a P/E/G ratio of 2.24 and a beta of 1.54. 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.

WESCO International (NYSE:WCC) 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. The business had revenue of $6.08 billion during the quarter, compared to analyst estimates of $5.86 billion. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.21 earnings per share. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, equities analysts expect that WESCO International, Inc. will post 15.7 earnings per share for the current year.

WESCO International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a $0.50 dividend. The ex-dividend date was Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. This is a boost from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s payout ratio is currently 14.21%.

Key Stories Impacting 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)

Analysts Set New Price Targets

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

Institutional Trading of WESCO International

Several institutional investors have recently made changes to their positions in WCC. Barrow Hanley Mewhinney & Strauss LLC boosted its holdings in shares of WESCO International by 19.5% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company’s stock worth $145,222,000 after purchasing an additional 111,930 shares during the period. Bank of New York Mellon Corp boosted 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 worth $248,303,000 after purchasing an additional 84,905 shares during the period. Public Employees Retirement Association of Colorado boosted its holdings in shares of WESCO International by 1,674.7% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock worth $21,686,000 after purchasing an additional 83,650 shares during the period. Van Lanschot Kempen Investment Management N.V. boosted its holdings in shares of WESCO International by 74.8% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock worth $45,506,000 after purchasing an additional 79,612 shares during the period. Finally, Davis Selected Advisers boosted its holdings in shares of WESCO International by 24.6% during the fourth quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock worth $89,172,000 after purchasing an additional 71,932 shares during the period. 93.75% of the stock is currently owned by institutional investors and hedge funds.

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.