WESCO International (NYSE:WCC) EVP Hemant Porwal Sells 2,770 Shares

WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Hemant Porwal sold 2,770 shares of the firm's stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $360.64, for a total transaction of $998,972.80. Following the completion of the sale, the executive vice president owned 16,618 shares of the company's stock, valued at approximately $5,993,115.52. This trade represents a 14.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

WESCO International Price Performance

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Shares of WCC opened at $355.92 on Friday. The company has a market cap of $17.32 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 2.24 and a beta of 1.54. WESCO International, Inc. has a twelve month low of $160.70 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. The company has a 50 day moving average of $290.91 and a two-hundred day moving average of $275.69.

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WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings data 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 net margin of 2.79% and a return on equity of 13.82%. The business had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. During the same period in the previous year, the firm posted $2.21 earnings per share. The business's revenue for the quarter 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, analysts predict that WESCO International, Inc. will post 15.7 earnings per share for the current fiscal year.

WESCO International Increases Dividend

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The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, March 13th. This is an increase from WESCO International's previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. WESCO International's payout ratio is presently 14.21%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Weiss Ratings upgraded shares of WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday. Stephens lifted their price objective on shares of WESCO International from $275.00 to $350.00 and gave the stock an "equal weight" rating in a research note on Monday, May 4th. KeyCorp lifted their price objective on shares of WESCO International from $340.00 to $415.00 and gave the stock an "overweight" rating in a research note on Friday, May 1st. Royal Bank Of Canada lifted their price objective on shares of WESCO International from $352.00 to $411.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. Finally, Barclays lifted their price objective on shares of WESCO International from $313.00 to $375.00 and gave the stock an "overweight" rating in a research note on Monday, May 4th. One 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 data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $321.38.

• Wesco Clears Buy Point On Continued Revenue & Earnings Strength

View Our Latest Stock Report on WCC

Key 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)

Institutional Investors Weigh In On WESCO International

Institutional investors have recently modified their holdings of the business. Cornerstone Planning Group LLC grew its position in shares of WESCO International by 92.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company's stock valued at $26,000 after acquiring an additional 51 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company's stock valued at $28,000 after acquiring an additional 83 shares during the period. Rothschild Investment LLC increased its stake in shares of WESCO International by 788.2% during the third quarter. Rothschild Investment LLC now owns 151 shares of the technology company's stock worth $32,000 after purchasing an additional 134 shares in the last quarter. Torren Management LLC purchased a new stake in shares of WESCO International during the fourth quarter worth about $32,000. Finally, Root Financial Partners LLC purchased a new stake in shares of WESCO International during the third quarter worth about $37,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.

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.

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