WESCO International (NYSE:WCC) CEO John Engel Sells 79,440 Shares of Stock

WESCO International, Inc. (NYSE:WCC) CEO John Engel sold 79,440 shares of WESCO International stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $358.75, for a total transaction of $28,499,100.00. Following the completion of the sale, the chief executive officer directly owned 478,946 shares in the company, valued at $171,821,877.50. This trade represents a 14.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

WESCO International Trading Down 3.4%

NYSE:WCC opened at $350.80 on Friday. The company has a current ratio of 2.12, a quick ratio of 1.22 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $17.07 billion, a PE ratio of 24.93, a price-to-earnings-growth ratio of 2.31 and a beta of 1.54. The firm’s 50 day moving average is $290.91 and its 200 day moving average is $275.69. WESCO International, Inc. has a 12 month low of $160.14 and a 12 month high of $368.90.

WESCO International (NYSE:WCC) last posted its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.49. The company 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%. WESCO International’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Sell-side analysts expect that WESCO International, Inc. will post 15.7 earnings per share for the current year.

WESCO International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.50 dividend. This is a boost from WESCO International’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. WESCO International’s payout ratio is presently 14.21%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on WCC shares. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Stephens boosted their target price on shares of WESCO International from $275.00 to $350.00 and gave the company an “equal weight” rating in a report on Monday. KeyCorp boosted their target price on shares of WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Barclays boosted their target price on shares of WESCO International from $313.00 to $375.00 and gave the company an “overweight” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $321.38.

Trending Headlines about WESCO International

Here are the key news stories impacting WESCO International this week:

• Positive Sentiment: WESCO raised 2026 guidance and flagged stronger data‑center demand, a catalyst that powered a recent rally and underpins the company’s higher earnings outlook. Why WESCO International (WCC) Is Up 19.0% After Raising 2026 Guidance On Data Center Demand
• Positive Sentiment: WESCO reported an April quarter beat on revenue and EPS and set FY‑2026 guidance of $15.00–$17.00 EPS (analysts near ~15.7), supporting the company’s fundamental case for higher earnings growth.
• Neutral Sentiment: Stephens reaffirmed a Hold rating on WCC, a conservative analyst view that is unlikely to change near‑term momentum but provides limited incremental endorsement. Stephens Keeps Their Hold Rating on Wesco International (WCC)
• Negative Sentiment: Large insider sales by the CEO and CFO likely pressured the stock today — CEO John Engel sold 79,440 shares (~$28.5M) and CFO David Schulz sold 31,951 shares (~$11.5M) in early May, signaling executives taking profits after the run‑up. CEO John Engel SEC Filing
• Negative Sentiment: Additional sales from multiple senior executives (EVPs, CAO, and a director) further reduced insider holdings materially, reinforcing near‑term downside risk from perceived insider profit‑taking. Example filings include Diane Lazzaris and other executives. Example SEC Filing (Diane Lazzaris)

Institutional Investors Weigh In On WESCO International

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bessemer Group Inc. grew its position in shares of WESCO International by 2.4% during the 1st quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock valued at $606,000 after purchasing an additional 51 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of WESCO International by 10.3% during the 1st 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 in the last quarter. Teachers Retirement System of The State of Kentucky grew its position in shares of WESCO International by 3.5% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 14,878 shares of the technology company’s stock valued at $4,071,000 after purchasing an additional 500 shares in the last quarter. Cedar Mountain Advisors LLC purchased a new position in shares of WESCO International during the 1st quarter valued at $61,000. Finally, DGS Capital Management LLC purchased a new position in shares of WESCO International during the 1st quarter valued at $225,000. Institutional investors own 93.75% of the company’s stock.

About WESCO International

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.