WESCO International, Inc. (NYSE:WCC – Get Free Report) EVP Christine Ann Wolf sold 2,549 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $355.25, for a total transaction of $905,532.25. Following the completion of the sale, the executive vice president owned 29,570 shares of the company’s stock, valued at $10,504,742.50. This trade represents a 7.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Christine Ann Wolf also recently made the following trade(s):
- On Tuesday, May 5th, Christine Ann Wolf sold 2,438 shares of WESCO International stock. The shares were sold at an average price of $351.16, for a total transaction of $856,128.08.
WESCO International Price Performance
WESCO International stock opened at $355.92 on Friday. WESCO International, Inc. has a 12-month low of $160.70 and a 12-month high of $368.90. The stock has a market cap of $17.32 billion, a P/E ratio of 25.30, a PEG ratio of 2.24 and a beta of 1.54. The company has a 50-day moving average price of $290.91 and a 200 day moving average price of $275.69. The company has a current ratio of 2.12, a quick ratio of 1.22 and a debt-to-equity ratio of 1.13.
WESCO International Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. 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. WESCO International’s payout ratio is 14.21%.
WESCO International News Roundup
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)
Analyst Ratings Changes
Several brokerages have weighed in on WCC. JPMorgan Chase & Co. increased their target price on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Wall Street Zen downgraded shares of WESCO International from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Stephens lifted their price target 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 raised their price objective on shares of WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Finally, Royal Bank Of Canada raised their price objective on shares of WESCO International from $352.00 to $411.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $321.38.
Check Out Our Latest Stock Report on WESCO International
Hedge Funds Weigh In On WESCO International
Several institutional investors have recently bought and sold shares of the company. Bessemer Group Inc. increased its stake in WESCO International by 2.4% in the 1st quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock valued at $606,000 after buying an additional 51 shares during the period. Bank of New York Mellon Corp increased its stake in WESCO International by 10.3% in 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 buying an additional 84,905 shares during the period. Teachers Retirement System of The State of Kentucky increased its stake in WESCO International by 3.5% in 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 buying an additional 500 shares during the period. Cedar Mountain Advisors LLC acquired a new position in WESCO International in the 1st quarter valued at $61,000. Finally, DGS Capital Management LLC acquired a new position in WESCO International in the 1st quarter valued at $225,000. 93.75% of the stock is owned by institutional investors and hedge funds.
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.
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