Key Points
- EVP Daniel Castillo bought 1,400 shares at an average price of $266.06 (about $372,484), increasing his stake to 15,300 shares—a 10.07% ownership rise disclosed in an SEC filing.
- WESCO missed Q results on EPS ($3.40 vs. $3.82 expected) but reported revenue of $6.07B (+10.3% YoY), set FY2026 guidance of $14.50–$16.50 EPS, and raised its quarterly dividend to $0.50 ($2.00 annualized, ~0.7% yield).
WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Daniel Castillo bought 1,400 shares of the firm's stock in a transaction on Tuesday, March 31st. The stock was acquired at an average price of $266.06 per share, for a total transaction of $372,484.00. Following the transaction, the executive vice president owned 15,300 shares of the company's stock, valued at approximately $4,070,718. The trade was a 10.07% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
WESCO International Price Performance
Shares of NYSE:WCC opened at $277.08 on Friday. The firm has a 50 day simple moving average of $283.35 and a 200 day simple moving average of $258.97. The company has a market cap of $13.48 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 1.82 and a beta of 1.44. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.20 and a quick ratio of 1.27. WESCO International, Inc. has a one year low of $125.21 and a one year high of $319.67.
WESCO International (NYSE:WCC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 EPS for the quarter, missing analysts' consensus estimates of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The firm had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $6.03 billion. During the same quarter in the previous year, the company posted $3.16 earnings per share. The firm's revenue was up 10.3% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. Research analysts predict that WESCO International, Inc. will post 13.3 earnings per share for the current fiscal year.
WESCO International Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were given a $0.50 dividend. This is an increase from WESCO International's previous quarterly dividend of $0.45. The ex-dividend date was Friday, March 13th. This represents a $2.00 annualized dividend and a yield of 0.7%. WESCO International's dividend payout ratio is currently 15.31%.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. KeyCorp set a $340.00 price target on shares of WESCO International in a report on Wednesday, February 11th. Weiss Ratings raised WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 20th. JPMorgan Chase & Co. upped their price objective on shares of WESCO International from $260.00 to $290.00 and gave the stock an "overweight" rating in a report on Friday, January 16th. Barclays raised their target price on WESCO International from $302.00 to $313.00 and gave the company an "overweight" rating in a report on Thursday, February 12th. Finally, Wall Street Zen lowered shares of WESCO International from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $276.00.
Check Out Our Latest Report on WESCO International
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC grew its holdings in WESCO International by 172.5% during the 3rd quarter. SG Americas Securities LLC now owns 10,742 shares of the technology company's stock valued at $2,272,000 after buying an additional 6,800 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of WESCO International by 4.9% in the 3rd quarter. Rhumbline Advisers now owns 127,991 shares of the technology company's stock worth $27,070,000 after buying an additional 5,961 shares during the last quarter. Regency Capital Management Inc. DE bought a new position in WESCO International in the third quarter valued at $3,215,000. Norman Fields Gottscho Capital Management LLC raised its holdings in shares of WESCO International by 112.7% during the 3rd quarter. Norman Fields Gottscho Capital Management LLC now owns 13,785 shares of the technology company's stock valued at $2,916,000 after buying an additional 7,303 shares in the last quarter. Finally, Impax Asset Management Group plc purchased a new position in shares of WESCO International during the third quarter worth approximately $1,082,000. 93.75% of the stock is currently owned by hedge funds and other institutional investors.
WESCO International Company Profile
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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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