5,680 WESCO International, Inc. $WCC Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its position in WESCO International, Inc. (NYSE:WCC) by 37.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 20,724 shares of the technology company’s stock after buying an additional 5,680 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in WESCO International were worth $7,452,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bell Investment Advisors Inc acquired a new position in shares of WESCO International during the second quarter valued at $26,000. Transamerica Financial Advisors LLC acquired a new stake in WESCO International in the second quarter worth about $27,000. Burkett Financial Services LLC acquired a new stake in WESCO International in the third quarter worth about $32,000. Reyes Financial Architecture Inc. bought a new stake in WESCO International during the 3rd quarter worth about $35,000. Finally, Jones Financial Companies Lllp bought a new stake in WESCO International during the 2nd quarter worth about $36,000. 93.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity at WESCO International

In other news, EVP Daniel J. Castillo bought 960 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $365.89 per share, for a total transaction of $351,254.40. Following the completion of the acquisition, the executive vice president owned 16,305 shares in the company, valued at approximately $5,965,836.45. This trade represents a 6.26% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Laura K. Thompson sold 270 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total value of $99,481.50. Following the sale, the director directly owned 10,720 shares in the company, valued at $3,949,784. The trade was a 2.46% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.60% of the company’s stock.

Key Stories Impacting WESCO International

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

• Positive Sentiment: RBC raised its price target to $450 and reiterated an “outperform” rating, implying approximately 31% upside from the referenced price. The higher target reflects increased confidence in WESCO’s earnings and growth prospects.
• Positive Sentiment: WESCO posted record third-quarter results. Revenue rose 16.6% year over year to $7.23 billion, while adjusted diluted EPS reached a record $5.77, well above the $4.69 consensus estimate. Reported diluted EPS was $5.43, compared with $3.92 a year earlier. WESCO International Reports Record Third Quarter 2026 Results
• Positive Sentiment: Data-center demand was a major growth driver. Data-center sales increased approximately 55% to $1.8 billion, while total backlog expanded about 80% year over year. This supports expectations for continued demand tied to data-center infrastructure and related supply-chain spending. Wesco International Tops Q3 2026 Estimates on Data Center Surge
• Positive Sentiment: Profitability and cash generation improved. Operating margin increased to 6.2%, adjusted EBITDA margin reached 7.8%, operating cash flow was $194 million, and financial leverage declined to 2.8 times from 3.4 times at 2025 year-end.
• Positive Sentiment: Management raised full-year 2026 earnings guidance and issued fourth-quarter guidance, citing record sales, profitability and backlog. The improved outlook reinforces the company’s positive operating momentum. Wesco Raises 2026 Guidance

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Barclays upped their target price on shares of WESCO International from $390.00 to $437.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Weiss Ratings cut shares of WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Stephens raised shares of WESCO International from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $350.00 to $400.00 in a research note on Tuesday, July 14th. Wall Street Zen upgraded shares of WESCO International from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Finally, Royal Bank Of Canada raised their price objective on shares of WESCO International from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, WESCO International has a consensus rating of “Moderate Buy” and an average target price of $405.33.

WESCO International Trading Down 6.3%

NYSE WCC opened at $343.48 on Friday. WESCO International, Inc. has a 12 month low of $240.55 and a 12 month high of $388.64. The stock has a 50-day simple moving average of $350.61 and a 200 day simple moving average of $327.01. The company has a current ratio of 2.01, a quick ratio of 1.23 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $16.74 billion, a PE ratio of 21.32, a P/E/G ratio of 1.88 and a beta of 1.54.

WESCO International (NYSE:WCC) last issued its earnings results on Thursday, October 29th. The technology company reported $5.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.69 by $1.08. The firm had revenue of $7.23 billion for the quarter, compared to analysts’ expectations of $6.87 billion. WESCO International had a return on equity of 16.27% and a net margin of 3.04%. The company’s revenue was up 16.6% compared to the same quarter last year. During the same quarter last year, the business earned $3.92 earnings per share. Research analysts forecast that WESCO International, Inc. will post 18.25 EPS for the current year.

WESCO International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Friday, September 11th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $2.00 annualized dividend and a yield of 0.6%. WESCO International’s dividend payout ratio (DPR) is presently 12.41%.

About WESCO International

WESCO International, Inc is a business-to-business provider of electrical, communications, security, and supply chain solutions. The company distributes products used in electrical and electronic systems, including wire and cable, lighting, circuit protection, automation and control equipment, data communications infrastructure, security products, and other electrical and industrial supplies.

WESCO serves a broad range of customers, including electrical and data communications contractors, industrial companies, original equipment manufacturers, utilities, commercial and institutional businesses, government entities, and telecommunications providers.