Teachers Retirement System of The State of Kentucky lowered its position in shares of WESCO International, Inc. (NYSE:WCC – Free Report) by 9.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,928 shares of the technology company’s stock after selling 2,631 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in WESCO International were worth $5,272,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of WCC. Bank of New York Mellon Corp grew its stake in shares of WESCO International by 4.9% in the second quarter. Bank of New York Mellon Corp now owns 795,629 shares of the technology company’s stock valued at $147,351,000 after acquiring an additional 36,843 shares in the last quarter. River Road Asset Management LLC grew its position in shares of WESCO International by 56.0% during the 2nd quarter. River Road Asset Management LLC now owns 605,918 shares of the technology company’s stock worth $112,216,000 after purchasing an additional 217,417 shares in the last quarter. Davis Selected Advisers increased its holdings in shares of WESCO International by 12.5% during the second quarter. Davis Selected Advisers now owns 290,746 shares of the technology company’s stock worth $53,846,000 after purchasing an additional 32,243 shares during the period. Handelsbanken Fonder AB raised its position in shares of WESCO International by 10.4% in the third quarter. Handelsbanken Fonder AB now owns 194,893 shares of the technology company’s stock valued at $41,220,000 after buying an additional 18,377 shares in the last quarter. Finally, LSV Asset Management boosted its stake in shares of WESCO International by 23.9% in the second quarter. LSV Asset Management now owns 156,440 shares of the technology company’s stock valued at $28,973,000 after buying an additional 30,200 shares during the period. Institutional investors own 93.75% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. KeyCorp set a $340.00 price objective on shares of WESCO International in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of WESCO International in a report on Wednesday, January 21st. Barclays upped their price target on shares of WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Finally, Royal Bank Of Canada increased their price target on shares of WESCO International from $316.00 to $335.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $276.00.
WESCO International Stock Down 2.5%
WCC stock opened at $288.34 on Wednesday. The stock has a market capitalization of $14.03 billion, a P/E ratio of 22.08, a price-to-earnings-growth ratio of 1.90 and a beta of 1.45. The company has a current ratio of 2.20, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. WESCO International, Inc. has a 12 month low of $125.21 and a 12 month high of $319.67. The firm has a 50-day moving average price of $283.47 and a 200-day moving average price of $252.06.
WESCO International (NYSE:WCC – Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.82 by ($0.42). The company had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $6.03 billion. WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The company’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period last year, the firm posted $3.16 earnings per share. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. As a group, equities research analysts anticipate that WESCO International, Inc. will post 13.3 EPS for the current fiscal year.
WESCO International Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.7%. This is a boost from WESCO International’s previous quarterly dividend of $0.45. The ex-dividend date is Friday, March 13th. WESCO International’s dividend payout ratio (DPR) is currently 13.94%.
More WESCO International News
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: Zacks raised several near‑term and FY2026 estimates (notably Q3 2026 and a small lift to FY2026 to $15.46), which supports WESCO’s guidance range and signals stronger mid‑cycle earnings power. MarketBeat WESCO Free Report
- Neutral Sentiment: Zacks published a longer‑horizon FY2028 projection ($20.22), indicating solid long‑term growth assumptions but limited immediate impact on near‑term trading. MarketBeat WESCO Free Report
- Neutral Sentiment: A Zacks list article highlighting dividend‑boosting stocks in a volatile market was published (relevant if investors rotate toward yield), but WESCO wasn’t the focal company in that piece. 4 Dividend Stocks Boost Payouts as Investors Seek Safety in a Volatile Market
- Negative Sentiment: Zacks cut several near‑term and next‑fiscal‑year estimates — most notably Q1 2026 (to $2.92 from $3.13), Q1 2027 (to $3.84 from $4.10) and trimmed FY2027 (to $17.88 from $18.26) — which implies softer near‑term momentum and is likely weighing on the stock. MarketBeat WESCO Free Report
Insider Activity at WESCO International
In related news, EVP Diane Lazzaris sold 17,294 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $305.00, for a total transaction of $5,274,670.00. Following the sale, the executive vice president owned 29,065 shares of the company’s stock, valued at $8,864,825. This trade represents a 37.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders sold 20,114 shares of company stock valued at $6,128,353. 3.10% of the stock is currently owned by corporate insiders.
WESCO International 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.
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