Insider Selling: WESCO International (NYSE:WCC) EVP Sells 2,770 Shares of Stock

WESCO International, Inc. (NYSE:WCC) EVP Hemant Porwal sold 2,770 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $360.64, for a total value of $998,972.80. Following the sale, the executive vice president directly owned 16,618 shares in the company, valued at approximately $5,993,115.52. This trade represents a 14.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

WESCO International Stock Up 1.4%

Shares of NYSE:WCC traded up $5.04 during midday trading on Friday, hitting $355.92. 644,348 shares of the company’s stock were exchanged, compared to its average volume of 600,062. 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 company has a market cap of $17.32 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 2.31 and a beta of 1.54. The stock has a 50 day moving average price of $290.91 and a 200-day moving average price of $275.69. WESCO International, Inc. has a 12 month low of $160.70 and a 12 month high of $368.90.

WESCO International (NYSE:WCC) last issued its earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, topping the consensus estimate of $2.88 by $0.49. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The business had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. During the same quarter last year, the company earned $2.21 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, sell-side analysts anticipate that WESCO International, Inc. will post 15.7 EPS for the current fiscal year.

WESCO International Increases Dividend

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

Wall Street Analysts Forecast Growth

WCC has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price target 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 $352.00 to $411.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Wall Street Zen cut WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Finally, Barclays raised their target price on WESCO International from $313.00 to $375.00 and gave the company an “overweight” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, WESCO International presently has a consensus rating of “Buy” and an average price target of $321.38.

Key WESCO International News

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

• Positive Sentiment: WESCO recently raised FY 2026 guidance and cited stronger data-center demand, which helped fuel a sharp rally and suggests continued earnings momentum. Why WESCO International (WCC) Is Up 19.0% After Raising 2026 Guidance On Data Center Demand
• Positive Sentiment: The company beat quarterly expectations on both revenue and EPS, and management’s FY 2026 EPS guidance of $15.00–$17.00 reinforces a stronger fundamental outlook.
• Positive Sentiment: Several analysts have recently raised price targets or maintained constructive ratings, adding support to the bullish case for the stock.

Institutional Investors Weigh In On WESCO International

Institutional investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC increased its stake in shares of WESCO International by 95.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock worth $139,000 after acquiring an additional 368 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in shares of WESCO International in the second quarter valued at approximately $573,000. California State Teachers Retirement System grew its holdings in WESCO International by 0.8% during the second quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company’s stock worth $8,446,000 after buying an additional 365 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in WESCO International by 516.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock worth $7,659,000 after purchasing an additional 34,649 shares in the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock worth $740,000 after buying an additional 54 shares during the last quarter. 93.75% of the stock is owned by hedge funds and other institutional investors.

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.