1,922 Shares in WESCO International, Inc. $WCC Acquired by Great Lakes Advisors LLC

Great Lakes Advisors LLC purchased a new stake in WESCO International, Inc. (NYSE:WCCFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,922 shares of the technology company’s stock, valued at approximately $664,000.

A number of other large investors have also recently bought and sold shares of WCC. BlackRock Inc. acquired a new position in WESCO International during the second quarter worth $3,094,634,000. Bank of New York Mellon Corp acquired a new stake in shares of WESCO International in the 2nd quarter valued at $249,503,000. Diamond Hill Capital Management LLC Investment Advisor acquired a new stake in shares of WESCO International in the 2nd quarter valued at $41,561,000. Public Employees Retirement Association of Colorado grew its holdings in shares of WESCO International by 1,674.7% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock worth $21,686,000 after purchasing an additional 83,650 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. grew its holdings in shares of WESCO International by 74.8% in the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 186,012 shares of the technology company’s stock worth $45,506,000 after purchasing an additional 79,612 shares during the last quarter. 93.75% of the stock is currently owned by institutional investors.

WESCO International Stock Performance

WESCO International stock opened at $348.92 on Friday. The stock has a 50-day simple moving average of $343.56 and a 200 day simple moving average of $322.64. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 12-month low of $203.40 and a 12-month high of $385.37. The stock has a market capitalization of $17.00 billion, a price-to-earnings ratio of 24.11, a P/E/G ratio of 2.08 and a beta of 1.54.

WESCO International (NYSE:WCCGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.98 by $0.59. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The business had revenue of $6.67 billion for the quarter, compared to the consensus estimate of $6.44 billion. During the same quarter in the prior year, the company earned $3.83 EPS. The firm’s quarterly revenue was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. On average, research analysts anticipate that WESCO International, Inc. will post 16.77 earnings per share for the current fiscal year.

WESCO International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 12th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, June 12th. WESCO International’s dividend payout ratio is presently 13.82%.

Insider Transactions at WESCO International

In other news, EVP Akash Khurana sold 3,400 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following the sale, the executive vice president directly owned 27,404 shares of the company’s stock, valued at $10,051,239.12. This represents a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Laura K. Thompson sold 270 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $368.45, for a total transaction of $99,481.50. Following the completion of the sale, the director directly owned 10,720 shares of the company’s stock, valued at approximately $3,949,784. This represents a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.60% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages recently issued reports on WCC. Wall Street Zen downgraded shares of WESCO International from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Zacks Research raised shares of WESCO International from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. KeyCorp raised their price objective on shares of WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 17th. Finally, Stephens raised WESCO International from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $374.29.

Get Our Latest Stock Report on WCC

Key Headlines Impacting WESCO International

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

  • Positive Sentiment: Zacks raises earnings forecasts: Zacks Research increased its EPS estimates across multiple periods, including fiscal 2026 to $16.50 from $15.69, fiscal 2027 to $18.58 from $17.63, and fiscal 2028 to $21.24 from $20.37. Quarterly estimates were also raised, with Q3 2026 EPS lifted to $4.45 and Q4 2026 EPS to $4.11. The revisions indicate improving expectations for WESCO’s earnings growth. Zacks maintains a “Strong Buy” rating. Zacks Best Value Stocks article
  • Positive Sentiment: Longer-term growth expectations improved: Zacks raised estimates for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The higher forecasts point to an expectation that recent operating momentum can continue beyond the current year, potentially supporting WCC’s valuation.
  • Positive Sentiment: Recent fundamentals remain strong: WESCO’s latest quarterly results exceeded expectations, with EPS of $4.57 versus the $3.98 consensus estimate and revenue of $6.67 billion versus $6.44 billion. Revenue increased 13% year over year, while the company’s fiscal 2026 guidance remains $16.00-$17.50 per share.
  • Positive Sentiment: Analyst and institutional support: Recent analyst actions included higher price targets from Barclays and RBC, while hedge funds and other institutions own approximately 93.75% of WCC shares. New or increased positions by large investors may reinforce market confidence.
  • Neutral Sentiment: Dividend provides modest income: WESCO pays a quarterly dividend of $0.50, or $2.00 annualized, representing a yield of about 0.6%. The low payout ratio leaves room for reinvestment but makes the dividend a relatively minor stock-price driver.
  • Negative Sentiment: Executive insider sale: EVP Akash Khurana sold 3,400 shares for approximately $1.25 million, reducing his holdings by 11.04%. The transaction could weigh modestly on sentiment, although a single insider sale does not necessarily signal deteriorating business prospects. WESCO insider sale article

WESCO International Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for WESCO International (NYSE:WCC)

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