Kennedy Capital Management LLC Has $16.93 Million Stake in WESCO International, Inc. $WCC

Kennedy Capital Management LLC trimmed its stake in WESCO International, Inc. (NYSE:WCC) by 34.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 80,062 shares of the technology company’s stock after selling 41,158 shares during the period. Kennedy Capital Management LLC’s holdings in WESCO International were worth $16,933,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in WCC. Rothschild Investment LLC grew its holdings in WESCO International by 788.2% during the third quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock valued at $32,000 after purchasing an additional 134 shares during the last quarter. Root Financial Partners LLC acquired a new position in WESCO International in the 3rd quarter valued at $37,000. Rossby Financial LCC raised its holdings in WESCO International by 117.4% in the 3rd quarter. Rossby Financial LCC now owns 200 shares of the technology company’s stock worth $43,000 after acquiring an additional 108 shares during the period. GAMMA Investing LLC lifted its position in WESCO International by 33.0% during the 3rd quarter. GAMMA Investing LLC now owns 589 shares of the technology company’s stock worth $125,000 after acquiring an additional 146 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in WESCO International by 95.6% during the second quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock valued at $139,000 after acquiring an additional 368 shares during the period. Institutional investors own 93.75% of the company’s stock.

WESCO International Stock Performance

Shares of NYSE WCC traded up $0.36 during trading hours on Friday, reaching $258.05. The stock had a trading volume of 88,090 shares, compared to its average volume of 600,564. The company has a market cap of $12.56 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 1.71 and a beta of 1.45. WESCO International, Inc. has a twelve month low of $125.21 and a twelve month high of $319.67. The business’s fifty day moving average is $286.25 and its two-hundred day moving average is $254.31. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.20 and a quick ratio of 1.27.

WESCO International (NYSE:WCC) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The business had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $6.03 billion. During the same period last year, the firm earned $3.16 EPS. The company’s quarterly revenue was up 10.3% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. As a group, research analysts expect that WESCO International, Inc. will post 13.3 EPS for the current year.

WESCO International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.8%. This is a boost from WESCO International’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, March 13th. WESCO International’s dividend payout ratio (DPR) is currently 13.94%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on WCC. KeyCorp set a $340.00 price objective on WESCO International in a research note on Wednesday, February 11th. JPMorgan Chase & Co. raised their target price on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Royal Bank Of Canada lifted their price target on WESCO International from $316.00 to $335.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of WESCO International in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, WESCO International currently has an average rating of “Moderate Buy” and a consensus price target of $276.00.

Insider Buying and Selling

In other WESCO International news, EVP Diane Lazzaris sold 17,294 shares of WESCO International stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $305.00, for a total transaction of $5,274,670.00. Following the sale, the executive vice president directly owned 29,065 shares of the company’s stock, valued at approximately $8,864,825. The trade was a 37.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 20,114 shares of company stock worth $6,128,353 in the last three months. 3.30% of the stock is owned by company insiders.

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.