Hennessy Advisors Inc. Sells 2,400 Shares of WESCO International, Inc. $WCC

Hennessy Advisors Inc. decreased its position in WESCO International, Inc. (NYSE:WCC) by 9.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,200 shares of the technology company’s stock after selling 2,400 shares during the quarter. Hennessy Advisors Inc.’s holdings in WESCO International were worth $8,702,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC grew its position in shares of WESCO International by 28.8% during the second quarter. Sequoia Financial Advisors LLC now owns 23,336 shares of the technology company’s stock worth $8,061,000 after buying an additional 5,224 shares in the last quarter. Engineers Gate Manager LP acquired a new position in WESCO International during the 2nd quarter worth $8,338,000. BlackRock Inc. bought a new stake in shares of WESCO International in the 2nd quarter worth about $3,094,634,000. Bank of America Corp DE bought a new stake in shares of WESCO International in the 2nd quarter worth about $296,304,000. Finally, Hsbc Holdings PLC acquired a new stake in shares of WESCO International in the 2nd quarter valued at about $8,745,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on WCC. Stephens raised WESCO International from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $350.00 to $400.00 in a research report on Tuesday, July 14th. Royal Bank Of Canada increased their price objective on shares of WESCO International from $435.00 to $450.00 and gave the stock an “outperform” rating in a research note on Friday. Weiss Ratings cut shares of WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Zacks Research downgraded WESCO International from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Finally, Wall Street Zen upgraded WESCO International from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, WESCO International currently has a consensus rating of “Moderate Buy” and an average target price of $405.33.

Insider Activity

In other WESCO International news, Director Laura K. Thompson sold 270 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $368.45, for a total value of $99,481.50. Following the completion of the sale, the director directly owned 10,720 shares of the company’s stock, valued at approximately $3,949,784. This represents a 2.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Akash Khurana sold 3,400 shares of WESCO International stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following the completion of the transaction, the executive vice president directly owned 27,404 shares in the company, valued at $10,051,239.12. This represents a 11.04% decrease in their position. The SEC filing for this sale provides additional information. 2.60% of the stock is owned by insiders.

WESCO International Stock Up 0.1%

WESCO International stock opened at $343.48 on Monday. WESCO International, Inc. has a 52 week low of $240.55 and a 52 week high of $388.64. The stock has a market cap of $16.74 billion, a price-to-earnings ratio of 21.32, a PEG ratio of 1.88 and a beta of 1.55. The company’s 50-day moving average price is $350.61 and its two-hundred day moving average price is $327.01. The company has a current ratio of 2.01, a quick ratio of 1.19 and a debt-to-equity ratio of 1.10.

WESCO International (NYSE:WCC) last posted its quarterly earnings data on Thursday, October 29th. The technology company reported $5.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.69 by $1.08. WESCO International had a net margin of 3.04% and a return on equity of 16.27%. The business had revenue of $7.23 billion during the quarter, compared to analysts’ expectations of $6.87 billion. During the same period last year, the firm posted $3.92 earnings per share. The business’s revenue was up 16.6% on a year-over-year basis. On average, analysts expect that WESCO International, Inc. will post 18.25 EPS for the current fiscal year.

WESCO International Dividend Announcement

The company 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. 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, September 11th. WESCO International’s dividend payout ratio (DPR) is presently 12.41%.

Key Headlines Impacting WESCO International

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

• Positive Sentiment: RBC raised its price target to $450 and reiterated an “outperform” rating, implying approximately 31% upside from the referenced price. The higher target reflects increased confidence in WESCO’s earnings and growth prospects.
• Positive Sentiment: WESCO posted record third-quarter results. Revenue rose 16.6% year over year to $7.23 billion, while adjusted diluted EPS reached a record $5.77, well above the $4.69 consensus estimate. Reported diluted EPS was $5.43, compared with $3.92 a year earlier. WESCO International Reports Record Third Quarter 2026 Results
• Positive Sentiment: Data-center demand was a major growth driver. Data-center sales increased approximately 55% to $1.8 billion, while total backlog expanded about 80% year over year. This supports expectations for continued demand tied to data-center infrastructure and related supply-chain spending. Wesco International Tops Q3 2026 Estimates on Data Center Surge
• Positive Sentiment: Profitability and cash generation improved. Operating margin increased to 6.2%, adjusted EBITDA margin reached 7.8%, operating cash flow was $194 million, and financial leverage declined to 2.8 times from 3.4 times at 2025 year-end.
• Positive Sentiment: Management raised full-year 2026 earnings guidance and issued fourth-quarter guidance, citing record sales, profitability and backlog. The improved outlook reinforces the company’s positive operating momentum. Wesco Raises 2026 Guidance

About WESCO International

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.