WESCO International (NYSE:WCC) EVP Sells $831,269.67 in Stock

WESCO International, Inc. (NYSE:WCC) EVP Diane Lazzaris sold 2,747 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total value of $831,269.67. Following the completion of the sale, the executive vice president owned 28,865 shares in the company, valued at approximately $8,734,837.65. This trade represents a 8.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Diane Lazzaris also recently made the following trade(s):

• On Tuesday, February 17th, Diane Lazzaris sold 17,294 shares of WESCO International stock. The stock was sold at an average price of $305.00, for a total transaction of $5,274,670.00.

WESCO International Price Performance

Shares of WCC opened at $297.17 on Friday. The firm has a market capitalization of $14.46 billion, a PE ratio of 22.75, a PEG ratio of 1.93 and a beta of 1.45. The company’s 50-day moving average is $277.88 and its 200-day moving average is $247.31. WESCO International, Inc. has a fifty-two week low of $125.21 and a fifty-two week high of $319.67. 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 earnings results on Tuesday, February 10th. The technology company reported $3.40 EPS for the quarter, missing the consensus estimate of $3.82 by ($0.42). The company had revenue of $6.07 billion for the quarter, compared to the consensus estimate of $6.03 billion. WESCO International had a return on equity of 13.00% and a net margin of 2.72%.The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm posted $3.16 EPS. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. Equities analysts forecast that WESCO International, Inc. will post 13.3 EPS for the current year.

WESCO International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.4538 per share. The ex-dividend date was Friday, December 12th. This represents a $1.82 dividend on an annualized basis and a dividend yield of 0.6%. WESCO International’s dividend payout ratio (DPR) is 13.94%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in shares of WESCO International by 172.5% during the 3rd quarter. SG Americas Securities LLC now owns 10,742 shares of the technology company’s stock worth $2,272,000 after buying an additional 6,800 shares in the last quarter. Regency Capital Management Inc. DE bought a new position in WESCO International in the third quarter valued at about $3,215,000. Rhumbline Advisers raised its stake in WESCO International by 4.9% during the third quarter. Rhumbline Advisers now owns 127,991 shares of the technology company’s stock worth $27,070,000 after acquiring an additional 5,961 shares in the last quarter. Norman Fields Gottscho Capital Management LLC raised its stake in WESCO International by 112.7% during the third quarter. Norman Fields Gottscho Capital Management LLC now owns 13,785 shares of the technology company’s stock worth $2,916,000 after acquiring an additional 7,303 shares in the last quarter. Finally, Third Avenue Management LLC lifted its holdings in shares of WESCO International by 35.6% in the second quarter. Third Avenue Management LLC now owns 20,093 shares of the technology company’s stock worth $3,721,000 after acquiring an additional 5,271 shares during the last quarter. 93.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on WCC. Barclays lifted their target price on WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of WESCO International in a report on Wednesday, January 21st. KeyCorp set a $340.00 target price on shares of WESCO International in a report on Wednesday, February 11th. Wall Street Zen downgraded shares of WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Royal Bank Of Canada increased 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, WESCO International has a consensus rating of “Moderate Buy” and an average target price of $276.00.

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.