WESCO International, Inc. (NYSE:WCC - Get Free Report) CAO Matthew Kulasa sold 1,030 shares of the company's stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $351.86, for a total transaction of $362,415.80. Following the completion of the sale, the chief accounting officer directly owned 3,146 shares in the company, valued at approximately $1,106,951.56. The trade was a 24.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
WESCO International Stock Performance
NYSE WCC opened at $350.80 on Friday. The stock has a market cap of $17.07 billion, a P/E ratio of 24.93, a PEG ratio of 2.31 and a beta of 1.54. The company's 50-day simple moving average is $290.91 and its 200 day simple moving average is $275.69. WESCO International, Inc. has a twelve month low of $160.14 and a twelve month high of $368.90. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13.
WESCO International (NYSE:WCC - Get Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share for the quarter, beating analysts' consensus estimates of $2.88 by $0.49. The business had revenue of $6.08 billion for the quarter, compared to analysts' expectations of $5.86 billion. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The firm's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.21 earnings per share. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, research analysts forecast that WESCO International, Inc. will post 15.7 earnings per share for the current fiscal 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 given a $0.50 dividend. 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. The ex-dividend date was Friday, March 13th. WESCO International's dividend payout ratio (DPR) is presently 14.21%.
Hedge Funds Weigh In On WESCO International
A number of large investors have recently modified their holdings of the stock. Greenleaf Trust lifted its position in shares of WESCO International by 1.6% during the fourth quarter. Greenleaf Trust now owns 2,646 shares of the technology company's stock worth $647,000 after purchasing an additional 41 shares in the last quarter. Cornerstone Planning Group LLC lifted its position in shares of WESCO International by 92.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company's stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Bessemer Group Inc. lifted its position 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 worth $606,000 after purchasing an additional 51 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of WESCO International by 1.4% during the second 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 in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of WESCO International by 11.5% during the fourth quarter. Parallel Advisors LLC now owns 581 shares of the technology company's stock worth $142,000 after purchasing an additional 60 shares in the last quarter. 93.75% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. 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. boosted their price target 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. Barclays boosted their price target on shares of WESCO International from $313.00 to $375.00 and gave the company an "overweight" rating in a research report on Monday. Stephens boosted their price target 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. 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 equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, WESCO International currently has an average rating of "Buy" and an average target price of $321.38.
Check Out Our Latest Analysis on WCC
WESCO International News Summary
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: Company raised FY‑2026 guidance and flagged stronger data‑center demand, which sparked a recent rally and supports higher forward earnings expectations. Why WESCO International (WCC) Is Up 19.0% After Raising 2026 Guidance On Data Center Demand
- Positive Sentiment: Q4 (April) results beat consensus on both revenue ($6.08B vs. est. $5.86B) and EPS ($3.37 vs. $2.88) and management set FY‑2026 EPS guidance at $15.00–$17.00, corroborating the fundamental case for upside to estimates and supporting analyst upgrades.
- Positive Sentiment: Multiple brokers have lifted price targets recently (RBC, Barclays, etc.), adding institutional backing to the rally and reinforcing upside versus prior targets.
- Neutral Sentiment: Stephens kept an "Equal Weight"/Hold rating (with a higher target), a cautious stance that may temper some momentum but does not negate the stronger guidance. Stephens Keeps Their Hold Rating on Wesco International (WCC)
- Negative Sentiment: Large insider sales likely weighed on the stock today — CEO John Engel sold 79,440 shares (~$28.5M) and CFO David Schulz sold 31,951 shares (~$11.5M), signaling significant executive profit‑taking after the rally. CEO John Engel SEC Filing
- Negative Sentiment: Additional sales from several EVPs, the CAO and a director materially reduced insider positions (examples include Diane Lazzaris and Akash Khurana), reinforcing near‑term downside risk from perceived insider profit‑taking. Example SEC Filing (Diane Lazzaris)
WESCO International Company Profile
(
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
