12,083 Shares in WESCO International, Inc. $WCC Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in shares of WESCO International, Inc. (NYSE:WCC) in the second quarter, Holdings Channel reports. The fund acquired 12,083 shares of the technology company’s stock, valued at approximately $4,174,000. WESCO International accounts for 0.3% of GSA Capital Partners LLP’s investment portfolio, making the stock its 23rd biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its stake in WESCO International by 10.3% in the first quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock valued at $248,303,000 after buying an additional 84,905 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of WESCO International by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 864,237 shares of the technology company’s stock worth $211,473,000 after acquiring an additional 14,739 shares during the period. Vaughan Nelson Investment Management L.P. increased its holdings in shares of WESCO International by 8.4% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 404,730 shares of the technology company’s stock worth $110,742,000 after acquiring an additional 31,210 shares during the period. Davis Selected Advisers lifted its position in WESCO International by 24.6% in the 4th quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock valued at $89,172,000 after purchasing an additional 71,932 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its position in WESCO International by 6.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 324,068 shares of the technology company’s stock valued at $68,541,000 after purchasing an additional 19,056 shares during the last quarter. 93.75% of the stock is currently owned by institutional investors.

WESCO International Stock Performance

WCC stock opened at $361.73 on Friday. The company has a 50-day simple moving average of $343.19 and a 200 day simple moving average of $320.52. The company has a market capitalization of $17.63 billion, a P/E ratio of 25.00, a PEG ratio of 2.15 and a beta of 1.54. 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 fifty-two week low of $203.40 and a fifty-two week high of $385.37.

WESCO International (NYSE:WCC) last released its earnings results on Thursday, July 30th. The technology company reported $4.57 EPS for the quarter, beating 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 firm had revenue of $6.67 billion for the quarter, compared to analysts’ expectations of $6.44 billion. During the same quarter last year, the company earned $3.83 EPS. WESCO International’s quarterly revenue was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Sell-side analysts predict that WESCO International, Inc. will post 16.82 earnings per share for the current fiscal year.

WESCO International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 12th were issued a $0.50 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. WESCO International’s dividend payout ratio (DPR) is 13.82%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. KeyCorp lifted their price target on WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a report on Friday, May 1st. 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. Stephens raised WESCO International from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th. Finally, Weiss Ratings cut WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, WESCO International currently has an average rating of “Buy” and a consensus price target of $374.29.

Insider Buying and Selling

In related news, EVP Daniel J. Castillo acquired 960 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $365.89 per share, for a total transaction of $351,254.40. Following the completion of the purchase, the executive vice president directly owned 16,305 shares of the company’s stock, valued at $5,965,836.45. The trade was a 6.26% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Laura K. Thompson sold 270 shares of the business’s stock in a transaction that occurred 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 approximately $3,949,784. The trade was a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.60% of the stock is owned by company 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.