Key Points
- WESCO EVP Akash Khurana sold 3,400 shares at an average price of $366.78, generating approximately $1.25 million and reducing his stake by 11.04% to 27,404 shares.
- WESCO reported quarterly EPS of $4.57, exceeding estimates of $3.98, while revenue rose 13% year over year to $6.67 billion. The company issued FY 2026 EPS guidance of $16.00–$17.50.
- Analysts remain broadly bullish, with the stock carrying a consensus “Buy” rating and an average price target of $374.29; institutional investors own 93.75% of outstanding shares.
WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Akash Khurana sold 3,400 shares of WESCO International stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $366.78, for a total value of $1,247,052.00. Following the completion of the sale, the executive vice president owned 27,404 shares of the company's stock, valued at $10,051,239.12. The trade was a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
WESCO International Trading Down 1.6%
Shares of WCC stock opened at $343.70 on Thursday. The stock has a market capitalization of $16.75 billion, a P/E ratio of 23.75, a P/E/G ratio of 2.08 and a beta of 1.54. WESCO International, Inc. has a 12-month low of $203.40 and a 12-month high of $385.37. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13. The firm's 50 day moving average is $343.62 and its 200 day moving average is $322.12.
WESCO International (NYSE:WCC - Get Free Report) last released its earnings results on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.98 by $0.59. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The company had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.44 billion. During the same period in the prior year, the firm posted $3.83 EPS. The firm's quarterly revenue was up 13.0% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Research analysts expect that WESCO International, Inc. will post 16.82 earnings per share for the current year.
WESCO International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 12th were issued a $0.50 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. WESCO International's payout ratio is 13.82%.
Analysts Set New Price Targets
WCC has been the topic of a number of recent analyst reports. Barclays increased their price objective on shares of WESCO International from $376.00 to $390.00 and gave the stock an "overweight" rating in a research report on Monday, August 3rd. DA Davidson started coverage on WESCO International in a report on Tuesday, June 16th. They issued a "buy" rating and a $440.00 price target on the stock. Royal Bank Of Canada upped their price objective on WESCO International from $421.00 to $430.00 and gave the company an "outperform" rating in a research report on Friday, July 31st. KeyCorp upped their target price 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. Finally, Stephens raised WESCO International from an "equal weight" rating to an "overweight" rating and increased their price target for the stock from $350.00 to $400.00 in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $374.29.
Get Our Latest Report on WCC
Institutional Investors Weigh In On WESCO International
A number of hedge funds have recently made changes to their positions in WCC. BlackRock Inc. purchased a new stake in WESCO International during the second quarter valued at approximately $3,094,634,000. Bank of New York Mellon Corp lifted its position in 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 valued at $248,303,000 after purchasing an additional 84,905 shares during the period. Geode Capital Management LLC increased its holdings in WESCO International by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 864,237 shares of the technology company's stock valued at $211,473,000 after buying an additional 14,739 shares in the last quarter. Bank of America Corp DE purchased a new position in shares of WESCO International in the 2nd quarter valued at about $296,304,000. Finally, Alyeska Investment Group L.P. increased its position in shares of WESCO International by 16.2% in the second quarter. Alyeska Investment Group L.P. now owns 653,591 shares of the technology company's stock valued at $225,770,000 after buying an additional 91,321 shares in the last quarter. 93.75% of the stock is currently owned by hedge funds and other institutional investors.
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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