Key Points
- Insider buying: WESCO EVP Daniel Castillo purchased 960 shares at an average price of $365.89, investing approximately $351,254 and increasing his ownership by 6.26% to 16,305 shares.
- Strong quarterly results: WESCO reported adjusted earnings of $4.57 per share and revenue of $6.67 billion, exceeding analyst estimates and marking 13% year-over-year revenue growth. The company expects fiscal 2026 EPS of $16.00–$17.50.
- Positive analyst sentiment: WESCO has an average “Buy” rating and a consensus price target of $374.29, with several analysts recently raising their price targets; the company also pays a quarterly dividend of $0.50 per share.
WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Daniel Castillo acquired 960 shares of WESCO International stock in a transaction dated Tuesday, August 4th. The stock was purchased at an average cost of $365.89 per share, with a total value of $351,254.40. Following the completion of the purchase, the executive vice president owned 16,305 shares of the company's stock, valued at approximately $5,965,836.45. This represents a 6.26% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
WESCO International Stock Down 0.4%
WCC opened at $372.78 on Thursday. WESCO International, Inc. has a fifty-two week low of $201.35 and a fifty-two week high of $383.26. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.23 and a current ratio of 2.09. The stock has a market cap of $18.16 billion, a price-to-earnings ratio of 25.76, a price-to-earnings-growth ratio of 2.22 and a beta of 1.54. The firm's fifty day moving average is $343.08 and its 200 day moving average is $316.78.
WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $4.57 EPS for the quarter, beating analysts' consensus estimates of $3.98 by $0.59. WESCO International had a return on equity of 14.95% and a net margin of 2.84%.The business had revenue of $6.67 billion for the quarter, compared to analysts' expectations of $6.44 billion. During the same period last year, the firm earned $3.83 earnings per share. The business's quarterly revenue was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. On average, sell-side analysts forecast that WESCO International, Inc. will post 16.82 earnings per share for the current fiscal year.
WESCO International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 12th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $2.00 dividend on an annualized basis and a yield of 0.5%. WESCO International's payout ratio is currently 13.82%.
Analyst Upgrades and Downgrades
WCC has been the topic of several recent analyst reports. Zacks Research upgraded shares of WESCO International from a "hold" rating to a "strong-buy" rating in a research report on Monday. Weiss Ratings cut shares of WESCO International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Friday, July 31st. Barclays raised their price objective on WESCO International from $376.00 to $390.00 and gave the company an "overweight" rating in a research report on Monday. KeyCorp boosted their target price on WESCO International from $340.00 to $415.00 and gave the stock an "overweight" rating in a research report on Friday, May 1st. Finally, Stephens raised WESCO International from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, WESCO International has an average rating of "Buy" and an average price target of $374.29.
Read Our Latest Analysis on WCC
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Cornerstone Planning Group LLC grew its position in WESCO International by 92.7% in the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company's stock worth $26,000 after acquiring an additional 51 shares in the last quarter. Brown Brothers Harriman & Co. raised its position in WESCO International by 166.0% during the third quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company's stock valued at $28,000 after purchasing an additional 83 shares during the period. Torren Management LLC bought a new stake in shares of WESCO International in the 4th quarter valued at approximately $32,000. Hilton Head Capital Partners LLC bought a new stake in shares of WESCO International in the 4th quarter valued at approximately $39,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of WESCO International in the 4th quarter worth approximately $52,000. Institutional investors own 93.75% of the company's stock.
About WESCO International
(
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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