Strs Ohio Has $6.20 Million Holdings in WESCO International, Inc. $WCC

Strs Ohio increased its position in shares of WESCO International, Inc. (NYSE:WCC) by 21.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 25,348 shares of the technology company’s stock after purchasing an additional 4,402 shares during the period. Strs Ohio’s holdings in WESCO International were worth $6,201,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Cornerstone Planning Group LLC boosted its position in shares of WESCO International by 92.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after acquiring an additional 51 shares in the last quarter. Brown Brothers Harriman & Co. boosted its position in shares of WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after acquiring an additional 83 shares in the last quarter. Rothschild Investment LLC boosted its position in shares of WESCO International by 788.2% during the 3rd quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock worth $32,000 after acquiring an additional 134 shares in the last quarter. Torren Management LLC acquired a new stake in shares of WESCO International during the 4th quarter worth approximately $32,000. Finally, Root Financial Partners LLC acquired a new stake in shares of WESCO International during the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 93.75% of the company’s stock.

Analysts Set New Price Targets

WCC has been the topic of several analyst reports. Royal Bank Of Canada increased their price target on shares of WESCO International from $352.00 to $411.00 and gave the stock an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. increased their price target on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Stephens increased their price target on shares of WESCO International from $275.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Monday. KeyCorp increased their price target on shares of WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Wall Street Zen lowered shares of WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. One equities 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $321.38.

Insider Buying and Selling at WESCO International

In other news, EVP Diane Lazzaris sold 17,294 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $305.00, for a total transaction of $5,274,670.00. Following the completion of the transaction, the executive vice president owned 29,065 shares of the company’s stock, valued at approximately $8,864,825. This trade represents a 37.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Daniel J. Castillo purchased 1,400 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were acquired at an average cost of $266.06 per share, with a total value of $372,484.00. Following the purchase, the executive vice president directly owned 15,300 shares of the company’s stock, valued at approximately $4,070,718. The trade was a 10.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold 20,114 shares of company stock valued at $6,128,353 in the last ninety days. Insiders own 2.60% of the company’s stock.

WESCO International Price Performance

Shares of NYSE:WCC opened at $346.14 on Tuesday. The company has a market cap of $16.84 billion, a price-to-earnings ratio of 24.60, a PEG ratio of 2.28 and a beta of 1.54. 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 firm has a 50 day simple moving average of $287.21 and a 200 day simple moving average of $272.78. WESCO International, Inc. has a one year low of $156.35 and a one year high of $355.56.

WESCO International (NYSE:WCC) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, beating the consensus estimate of $2.88 by $0.49. The business had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The firm’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Research analysts predict that WESCO International, Inc. will post 15.56 earnings per share for the current fiscal year.

WESCO International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s payout ratio is currently 14.21%.

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.