WESCO International (NYSE:WCC) EVP Hemant Porwal Sells 2,770 Shares

WESCO International, Inc. (NYSE:WCC) EVP Hemant Porwal sold 2,770 shares of the stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $360.64, for a total transaction of $998,972.80. Following the completion of the sale, the executive vice president directly owned 16,618 shares in the company, valued at $5,993,115.52. This trade represents a 14.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

WESCO International Stock Performance

WESCO International stock opened at $355.92 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.12 and a quick ratio of 1.22. WESCO International, Inc. has a 1-year low of $160.70 and a 1-year high of $368.90. The firm has a market capitalization of $17.32 billion, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 2.24 and a beta of 1.54. The company’s 50-day moving average is $290.91 and its 200 day moving average is $275.69.

WESCO International (NYSE:WCC) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.49. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company had revenue of $6.08 billion for the quarter, compared to analyst estimates of $5.86 billion. During the same period in the prior year, the company posted $2.21 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Research analysts forecast that WESCO International, Inc. will post 15.7 EPS for the current year.

WESCO International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th 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%. 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. WESCO International’s dividend payout ratio is 14.21%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Barclays raised their target price on shares of WESCO International from $313.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Royal Bank Of Canada raised their target price on shares of 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 lowered shares of WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. KeyCorp raised their target price on shares of WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Finally, Stephens raised their target price 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, May 4th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $321.38.

Institutional Investors Weigh In On WESCO International

Several institutional investors have recently bought and sold shares of WCC. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in WESCO International by 19.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company’s stock valued at $145,222,000 after acquiring an additional 111,930 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in WESCO International by 10.3% in 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 stake in 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 acquiring an additional 83,650 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. boosted its stake in 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 acquiring an additional 79,612 shares in the last quarter. Finally, Davis Selected Advisers boosted 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 valued at $89,172,000 after acquiring an additional 71,932 shares in the last quarter. 93.75% of the stock is currently owned by institutional investors and hedge funds.

WESCO International News Summary

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

• Positive Sentiment: WESCO’s latest results topped estimates, with EPS of $3.37 versus $2.88 expected and revenue of $6.08 billion versus $5.86 billion expected, while FY 2026 EPS guidance was raised to $15.00-$17.00. This supports the stock’s recent rally and suggests improving earnings momentum.
• Positive Sentiment: Management cited stronger data-center demand and higher forward guidance, which investors appear to view as a durable growth driver for WESCO’s distribution business.
• Positive Sentiment: Several analysts have raised price targets recently, adding credibility to the bullish outlook and helping offset concerns about valuation after the run-up.
• Neutral Sentiment: Stephens kept a Hold/Equal Weight view on WESCO International, even as it lifted its target, indicating some caution after the sharp move higher. Stephens Keeps Their Hold Rating on Wesco International (WCC)
• Negative Sentiment: Multiple insiders sold stock in recent days, including CEO John Engel and CFO David Schulz, which can pressure sentiment because it may look like executives are taking profits after the stock’s strong advance. CEO John Engel SEC Filing
• Negative Sentiment: Additional insider selling from several EVPs, the CAO, and a director reinforced the impression of broad insider profit-taking, which may weigh on the stock near term. Example SEC Filing (Diane Lazzaris)

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.