WESCO International, Inc. $WCC Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lowered its holdings in WESCO International, Inc. (NYSE:WCC – Free Report) by 11.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,882 shares of the technology company’s stock after selling 6,381 shares during the quarter. D.A. Davidson & CO.’s holdings in WESCO International were worth $17,577,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC lifted its holdings in shares of WESCO International by 5.0% during the third quarter. Diversify Advisory Services LLC now owns 672 shares of the technology company’s stock worth $233,000 after buying an additional 32 shares during the last quarter. Trust Point Inc. boosted its position in shares of WESCO International by 4.5% in the second quarter. Trust Point Inc. now owns 771 shares of the technology company’s stock valued at $266,000 after acquiring an additional 33 shares during the period. Sheets Smith Wealth Management grew its stake in shares of WESCO International by 2.2% in the second quarter. Sheets Smith Wealth Management now owns 1,565 shares of the technology company’s stock worth $541,000 after acquiring an additional 34 shares during the last quarter. North Dakota State Investment Board grew its stake in shares of WESCO International by 2.8% in the third quarter. North Dakota State Investment Board now owns 1,465 shares of the technology company’s stock worth $527,000 after acquiring an additional 40 shares during the last quarter. Finally, Fragasso Financial Advisors Inc increased its position in WESCO International by 2.7% during the third quarter. Fragasso Financial Advisors Inc now owns 1,603 shares of the technology company’s stock worth $586,000 after acquiring an additional 42 shares during the period. 93.75% of the stock is owned by institutional investors.

Insider Buying and Selling at WESCO International

In other WESCO International news, EVP Daniel J. Castillo acquired 960 shares of WESCO International stock in a transaction dated Tuesday, August 4th. The stock was bought at an average cost of $365.89 per share, with a total value of $351,254.40. Following the acquisition, the executive vice president owned 16,305 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which is available through the SEC website. Also, Director Laura K. Thompson sold 270 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total transaction of $99,481.50. Following the transaction, the director directly owned 10,720 shares of the company’s stock, valued at $3,949,784. The trade was a 2.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.60% of the company’s stock.

WESCO International Price Performance

Shares of NYSE:WCC opened at $365.17 on Friday. WESCO International, Inc. has a 1-year low of $221.43 and a 1-year high of $388.64. The firm has a market capitalization of $17.79 billion, a PE ratio of 25.24, a PEG ratio of 2.07 and a beta of 1.54. The business’s 50 day moving average is $350.49 and its 200-day moving average is $326.66. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13.

WESCO International (NYSE:WCC – Get Free Report) last released its quarterly earnings data on Thursday, October 29th. The technology company reported $5.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.69 by $1.08. The business 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 14.95% and a net margin of 2.84%. WESCO International’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the business posted $3.92 earnings per share. Sell-side analysts predict that WESCO International, Inc. will post 16.77 earnings per share for the current year.

WESCO International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, September 11th. This represents a $2.00 dividend on an annualized basis and a yield of 0.5%. WESCO International’s payout ratio is currently 13.82%.

Wall Street Analysts Forecast Growth

WCC has been the topic of a number of research reports. Weiss Ratings cut shares of WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Barclays increased their price target on shares of WESCO International from $390.00 to $437.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Wall Street Zen upgraded shares of WESCO International from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Royal Bank Of Canada boosted their price objective on shares of WESCO International from $430.00 to $435.00 and gave the stock an “outperform” rating in a report on Wednesday, October 14th. Finally, Stephens upgraded shares of WESCO International from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $402.83.

Read Our Latest Stock Report on WCC

Key WESCO International News

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

  • Positive Sentiment: Results exceeded expectations: WESCO reported record net sales of $7.23 billion, up 16.6% year over year and above the $6.87 billion consensus estimate. Adjusted diluted EPS was $5.77, versus the $4.61-$4.70 analyst range and $3.92 a year earlier. Wesco Tops Q3 Earnings and Revenue Estimates
  • Positive Sentiment: Data-center demand was a major growth driver: Data-center sales rose approximately 55% year over year to $1.8 billion, while non-data-center sales increased 7%. This supports the investment case tied to data-center infrastructure and related supply-chain spending. Wesco Tops Q3 Estimates on Data Center Surge
  • Positive Sentiment: Profitability and backlog improved: Operating profit increased 30.5% to $450.8 million, operating margin expanded to 6.2%, and adjusted EBITDA margin reached 7.8%. Companywide backlog increased roughly 80% year over year, providing stronger visibility into future revenue. Wesco Reports Record Third Quarter Results
  • Positive Sentiment: Guidance was raised: Management increased its 2026 outlook, citing record sales, profitability and backlog. Operating cash flow was $194 million, compared with a use of $83 million in the prior-year quarter, while free cash flow was $184 million. Financial leverage also declined to 2.8 times from 3.4 times at 2025 year-end. Wesco Raises 2026 Guidance

WESCO International Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding WCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for WESCO International, Inc. (NYSE:WCC – Free Report).

Institutional Ownership by Quarter for WESCO International (NYSE:WCC)

Receive News & Ratings for WESCO International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WESCO International and related companies with MarketBeat.com's FREE daily email newsletter.