Danske Bank A S Takes Position in WESCO International, Inc. $WCC

Danske Bank A S acquired a new stake in WESCO International, Inc. (NYSE:WCC) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,793 shares of the technology company’s stock, valued at approximately $6,146,000.

Several other large investors have also recently added to or reduced their stakes in WCC. Cornerstone Planning Group LLC grew its stake in shares of 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. Bell Investment Advisors Inc acquired a new stake in shares of WESCO International in the second quarter valued at $26,000. Brown Brothers Harriman & Co. boosted its holdings in WESCO International by 166.0% in 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 purchased a new position in WESCO International in the fourth quarter valued at $32,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in WESCO International during the 2nd quarter worth $38,000. 93.75% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Barclays increased their price target on WESCO International from $376.00 to $390.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Royal Bank Of Canada boosted their price objective on WESCO International from $421.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. DA Davidson assumed coverage on shares of WESCO International in a report on Tuesday, June 16th. They issued a “buy” rating and a $440.00 target price on the stock. KeyCorp lifted their price target 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, Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $374.29.

Insider Buying and Selling at WESCO International

In other news, 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 transaction of $1,247,052.00. Following the sale, the executive vice president owned 27,404 shares in the company, valued at approximately $10,051,239.12. The trade was a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel J. Castillo bought 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 acquisition, the executive vice president directly owned 16,305 shares in the company, valued at approximately $5,965,836.45. The trade was a 6.26% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.60% of the stock is currently owned by insiders.

Key Headlines Impacting WESCO International

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

• Positive Sentiment: Zacks raises earnings forecasts: Zacks Research increased its EPS estimates across multiple periods, including fiscal 2026 to $16.50 from $15.69, fiscal 2027 to $18.58 from $17.63, and fiscal 2028 to $21.24 from $20.37. Quarterly estimates were also raised, with Q3 2026 EPS lifted to $4.45 and Q4 2026 EPS to $4.11. The revisions indicate improving expectations for WESCO’s earnings growth. Zacks maintains a “Strong Buy” rating. Zacks Best Value Stocks article
• Positive Sentiment: Longer-term growth expectations improved: Zacks raised estimates for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The higher forecasts point to an expectation that recent operating momentum can continue beyond the current year, potentially supporting WCC’s valuation.
• Positive Sentiment: Recent fundamentals remain strong: WESCO’s latest quarterly results exceeded expectations, with EPS of $4.57 versus the $3.98 consensus estimate and revenue of $6.67 billion versus $6.44 billion. Revenue increased 13% year over year, while the company’s fiscal 2026 guidance remains $16.00-$17.50 per share.
• Positive Sentiment: Analyst and institutional support: Recent analyst actions included higher price targets from Barclays and RBC, while hedge funds and other institutions own approximately 93.75% of WCC shares. New or increased positions by large investors may reinforce market confidence.
• Neutral Sentiment: Dividend provides modest income: WESCO pays a quarterly dividend of $0.50, or $2.00 annualized, representing a yield of about 0.6%. The low payout ratio leaves room for reinvestment but makes the dividend a relatively minor stock-price driver.
• Negative Sentiment: Executive insider sale: EVP Akash Khurana sold 3,400 shares for approximately $1.25 million, reducing his holdings by 11.04%. The transaction could weigh modestly on sentiment, although a single insider sale does not necessarily signal deteriorating business prospects. WESCO insider sale article

WESCO International Stock Performance

Shares of WESCO International stock opened at $348.92 on Friday. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 52 week low of $203.40 and a 52 week high of $385.37. The firm’s 50 day moving average is $343.56 and its two-hundred day moving average is $322.64. The firm has a market capitalization of $17.00 billion, a P/E ratio of 24.11, a P/E/G ratio of 2.02 and a beta of 1.54.

WESCO International (NYSE:WCC) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 earnings per share 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 business had revenue of $6.67 billion during the quarter, compared to the consensus estimate of $6.44 billion. During the same quarter in the previous year, the firm earned $3.83 EPS. The company’s 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 forecast that WESCO International, Inc. will post 16.77 EPS for the current fiscal year.

WESCO International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 12th were given 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 0.6%. WESCO International’s payout ratio is 13.82%.

WESCO International Company Profile

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.