WESCO International, Inc. (NYSE:WCC – Get Free Report) EVP Akash Khurana sold 4,000 shares of WESCO International stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $359.13, for a total transaction of $1,436,520.00. Following the completion of the sale, the executive vice president owned 30,775 shares in the company, valued at approximately $11,052,225.75. This represents a 11.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
WESCO International Stock Down 3.4%
WCC opened at $350.80 on Friday. The company has a market capitalization of $17.07 billion, a PE ratio of 24.93, a price-to-earnings-growth ratio of 2.31 and a beta of 1.54. The firm has a 50-day simple moving average of $290.91 and a two-hundred day simple moving average of $275.69. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 52 week low of $160.14 and a 52 week high of $368.90.
WESCO International (NYSE:WCC – Get Free Report) last issued its earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.88 by $0.49. The firm had revenue of $6.08 billion for the quarter, compared to analysts’ expectations of $5.86 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The business’s revenue was up 13.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.21 earnings per share. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Analysts forecast that WESCO International, Inc. will post 15.7 earnings per share for the current fiscal year.
WESCO International Increases Dividend
Hedge Funds Weigh In On WESCO International
A number of hedge funds have recently added to or reduced their stakes in WCC. Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of WESCO International by 19.5% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company’s stock worth $145,222,000 after acquiring an additional 111,930 shares during the period. Bank of New York Mellon Corp raised its stake in shares of WESCO International by 10.3% during the first quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock valued at $248,303,000 after acquiring an additional 84,905 shares in the last quarter. Public Employees Retirement Association of Colorado boosted its holdings in shares of WESCO International by 1,674.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock valued at $21,686,000 after purchasing an additional 83,650 shares during the period. Van Lanschot Kempen Investment Management N.V. boosted its holdings in shares of WESCO International by 74.8% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock valued at $45,506,000 after purchasing an additional 79,612 shares during the period. Finally, Davis Selected Advisers grew its stake in WESCO International by 24.6% in the fourth quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock worth $89,172,000 after purchasing an additional 71,932 shares in the last quarter. 93.75% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on WCC shares. Wall Street Zen downgraded WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Stephens upped their price target on shares of WESCO International from $275.00 to $350.00 and gave the company an “equal weight” rating in a research note on Monday. KeyCorp increased their price objective on shares of WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Finally, Royal Bank Of Canada upped their target price on shares of WESCO International from $352.00 to $411.00 and gave the company an “outperform” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $321.38.
View Our Latest Analysis on WESCO International
Trending Headlines about WESCO International
Here are the key news stories impacting WESCO International this week:
- Positive Sentiment: WESCO raised 2026 guidance and flagged stronger data‑center demand, a catalyst that powered a recent rally and underpins the company’s higher earnings outlook. Why WESCO International (WCC) Is Up 19.0% After Raising 2026 Guidance On Data Center Demand
- Positive Sentiment: WESCO reported an April quarter beat on revenue and EPS and set FY‑2026 guidance of $15.00–$17.00 EPS (analysts near ~15.7), supporting the company’s fundamental case for higher earnings growth.
- Neutral Sentiment: Stephens reaffirmed a Hold rating on WCC, a conservative analyst view that is unlikely to change near‑term momentum but provides limited incremental endorsement. Stephens Keeps Their Hold Rating on Wesco International (WCC)
- Negative Sentiment: Large insider sales by the CEO and CFO likely pressured the stock today — CEO John Engel sold 79,440 shares (~$28.5M) and CFO David Schulz sold 31,951 shares (~$11.5M) in early May, signaling executives taking profits after the run‑up. CEO John Engel SEC Filing
- Negative Sentiment: Additional sales from multiple senior executives (EVPs, CAO, and a director) further reduced insider holdings materially, reinforcing near‑term downside risk from perceived insider profit‑taking. Example filings include Diane Lazzaris and other executives. Example SEC Filing (Diane Lazzaris)
About WESCO International
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.
Further Reading
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