WESCO International, Inc. (NYSE:WCC – Get Free Report) Director James Louis Singleton sold 2,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $353.37, for a total value of $706,740.00. Following the completion of the transaction, the director directly owned 37,645 shares in the company, valued at approximately $13,302,613.65. This represents a 5.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
WESCO International Stock Performance
Shares of NYSE WCC opened at $355.92 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.12 and a quick ratio of 1.22. The stock’s fifty day moving average price is $290.91 and its two-hundred day moving average price is $275.69. WESCO International, Inc. has a one year low of $160.70 and a one year high of $368.90. The firm has a market cap of $17.32 billion, a price-to-earnings ratio of 25.30, a P/E/G ratio of 2.24 and a beta of 1.54.
WESCO International (NYSE:WCC – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.49. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The firm had revenue of $6.08 billion for the quarter, compared to analyst estimates of $5.86 billion. During the same period in the prior year, the firm posted $2.21 EPS. The company’s revenue for the quarter was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, equities analysts forecast that WESCO International, Inc. will post 15.7 EPS for the current year.
WESCO International Increases Dividend
Trending Headlines about WESCO International
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 Trading of WESCO International
Several institutional investors and hedge funds have recently modified their holdings of WCC. Barrow Hanley Mewhinney & Strauss LLC lifted its position in shares of WESCO International by 19.5% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company’s stock worth $145,222,000 after buying an additional 111,930 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of WESCO International by 10.3% during the 1st quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock worth $248,303,000 after buying an additional 84,905 shares during the last quarter. Public Employees Retirement Association of Colorado lifted its position in shares of WESCO International by 1,674.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock worth $21,686,000 after buying an additional 83,650 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. lifted its position in shares of WESCO International by 74.8% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock worth $45,506,000 after buying an additional 79,612 shares during the last quarter. Finally, Davis Selected Advisers lifted its position in shares of WESCO International by 24.6% during the 4th quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock worth $89,172,000 after buying an additional 71,932 shares during the last quarter. 93.75% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research firms have recently weighed in on WCC. Royal Bank Of Canada upped their target price on WESCO International from $352.00 to $411.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. KeyCorp upped their target price on WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. upped their target price on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Weiss Ratings upgraded WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Stephens upped their target price on WESCO International from $275.00 to $350.00 and gave the company an “equal weight” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, WESCO International presently has an average rating of “Buy” and a consensus price target of $321.38.
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.
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