WESCO International (NYSE:WCC) EVP Sells $3,562,446.80 in Stock

WESCO International, Inc. (NYSE:WCC) EVP Diane Lazzaris sold 9,910 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $359.48, for a total transaction of $3,562,446.80. Following the transaction, the executive vice president owned 19,611 shares of the company’s stock, valued at $7,049,762.28. This represents a 33.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Diane Lazzaris also recently made the following trade(s):

• On Wednesday, February 18th, Diane Lazzaris sold 2,747 shares of WESCO International stock. The shares were sold at an average price of $302.61, for a total transaction of $831,269.67.
• On Tuesday, February 17th, Diane Lazzaris sold 17,294 shares of WESCO International stock. The shares were sold at an average price of $305.00, for a total transaction of $5,274,670.00.

WESCO International Trading Up 1.4%

NYSE WCC opened at $355.92 on Friday. The company has a market capitalization of $17.32 billion, a PE ratio of 25.30, a P/E/G ratio of 2.26 and a beta of 1.54. The company has a fifty day moving average of $290.91 and a 200 day moving average of $275.69. WESCO International, Inc. has a 1 year low of $160.70 and a 1 year high of $368.90. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.12 and a quick ratio of 1.22.

WESCO International (NYSE:WCC) last posted its earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.49. The company had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.21 earnings per share. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Research analysts forecast that WESCO International, Inc. will post 15.7 earnings per share for the current year.

WESCO International Increases Dividend

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

Wall Street Analysts Forecast Growth

WCC has been the subject of a number of recent analyst reports. KeyCorp lifted their price objective 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. JPMorgan Chase & Co. lifted their price objective on shares of WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Royal Bank Of Canada lifted their price objective on shares of WESCO International from $352.00 to $411.00 and gave the company an “outperform” rating in a report on Friday, May 1st. Finally, Stephens lifted their price objective on shares of WESCO International from $275.00 to $350.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $321.38.

WESCO International News Summary

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 Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Greenleaf Trust increased its holdings in WESCO International by 1.6% in the fourth quarter. Greenleaf Trust now owns 2,646 shares of the technology company’s stock valued at $647,000 after buying an additional 41 shares in the last quarter. Cornerstone Planning Group LLC increased its stake in shares of WESCO International by 92.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after purchasing an additional 51 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of WESCO International by 2.4% during the first quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock worth $606,000 after purchasing an additional 51 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of WESCO International by 1.4% during the second quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock worth $740,000 after purchasing an additional 54 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of WESCO International by 11.5% during the fourth quarter. Parallel Advisors LLC now owns 581 shares of the technology company’s stock worth $142,000 after purchasing an additional 60 shares in the last quarter. Hedge funds and other 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.