WESCO International, Inc. (NYSE:WCC – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $360.00 and last traded at $358.0660, with a volume of 43919 shares. The stock had previously closed at $350.59.
Key Headlines Impacting WESCO International
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: Management raised FY‑2026 guidance and cited stronger data‑center demand as a key growth driver, which underpins higher forward earnings expectations and helped trigger the recent rally. Read More.
- Positive Sentiment: Q4 results beat consensus on both revenue ($6.08B vs. est. $5.86B) and EPS ($3.37 vs. $2.88), and management set FY‑2026 EPS guidance of $15.00–$17.00 — a clear fundamental justification for upside to estimates.
- Positive Sentiment: Several brokers have raised price targets and issued more bullish coverage following the beat/guidance (examples include Barclays, JPMorgan and Weiss Ratings), lending institutional support to the rally. Read More.
- Neutral Sentiment: Stephens kept an “Equal Weight”/Hold rating (while raising its target), a cautious stance that may limit some upside momentum but does not negate the stronger guidance. Read More.
- Negative Sentiment: Large insider sales likely weighed on the stock today — CEO John Engel sold 79,440 shares (~$28.5M) and CFO David Schulz sold 31,951 shares (~$11.5M), signaling substantial executive profit‑taking after the rally. Read More.
- Negative Sentiment: Additional sales from several EVPs, the CAO and a director (examples include Diane Lazzaris, Akash Khurana and Matthew Kulasa) materially reduced insider positions and reinforce near‑term downside risk from perceived insider profit‑taking. Read More.
Analyst Ratings Changes
WCC has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. KeyCorp upped their price target 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. Weiss Ratings upgraded shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Wall Street Zen downgraded shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Stephens upped their price target on shares of WESCO International from $275.00 to $350.00 and gave the stock an “equal weight” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $321.38.
WESCO International Stock Up 1.1%
The company has a market cap of $17.26 billion, a P/E ratio of 25.22, a PEG ratio of 2.31 and a beta of 1.54. The stock’s 50-day moving average price is $290.91 and its 200-day moving average price is $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 (NYSE:WCC – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.49. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company had revenue of $6.08 billion for the quarter, compared to analysts’ expectations of $5.86 billion. During the same quarter in the prior year, the firm earned $2.21 EPS. The business’s revenue was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, research analysts forecast that WESCO International, Inc. will post 15.7 EPS for the current year.
WESCO International Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, March 13th. This is an increase from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s payout ratio is currently 14.21%.
Insiders Place Their Bets
In other WESCO International news, EVP Diane Lazzaris sold 9,910 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 19,611 shares in the company, valued at $7,049,762.28. This trade represents a 33.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Akash Khurana sold 4,000 shares of WESCO International stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total transaction of $1,436,520.00. Following the completion of the transaction, the executive vice president owned 30,775 shares of the company’s stock, valued at $11,052,225.75. The trade was a 11.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 157,385 shares of company stock worth $55,361,553 in the last ninety days. 2.60% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On WESCO International
Hedge funds have recently made changes to their positions in the stock. Greenleaf Trust grew its holdings in WESCO International by 1.6% during the 4th 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 boosted its position 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 valued at $26,000 after acquiring an additional 51 shares during the period. Bessemer Group Inc. grew its stake in WESCO International by 2.4% during the first quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock valued at $606,000 after acquiring an additional 51 shares in the last quarter. Lazard Asset Management LLC increased its holdings in WESCO International by 1.4% during the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock worth $740,000 after acquiring an additional 54 shares during the period. Finally, Parallel Advisors LLC increased its holdings in WESCO International by 11.5% during the 4th quarter. Parallel Advisors LLC now owns 581 shares of the technology company’s stock worth $142,000 after acquiring an additional 60 shares during the period. 93.75% of the stock is currently owned by hedge funds and other institutional investors.
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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