19,400 WESCO International, Inc. $WCC Shares Sold by Robeco Schweiz AG

Robeco Schweiz AG decreased its position in WESCO International, Inc. (NYSE:WCC) by 29.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 46,000 shares of the technology company’s stock after selling 19,400 shares during the period. Robeco Schweiz AG’s holdings in WESCO International were worth $16,541,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Bell Investment Advisors Inc acquired a new position in WESCO International in the 2nd quarter valued at $26,000. Transamerica Financial Advisors LLC acquired a new position in WESCO International in the second quarter valued at about $27,000. Burkett Financial Services LLC acquired a new position in WESCO International in the third quarter valued at about $32,000. Reyes Financial Architecture Inc. bought a new stake in WESCO International during the third quarter worth about $35,000. Finally, Jones Financial Companies Lllp acquired a new stake in WESCO International during the second quarter worth about $36,000. 93.75% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on WCC. Weiss Ratings downgraded shares of WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. Zacks Research cut shares of WESCO International from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 19th. Royal Bank Of Canada upped their target price on WESCO International from $430.00 to $435.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 14th. Wall Street Zen raised WESCO International from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Barclays lifted their price target on WESCO International from $390.00 to $437.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, WESCO International currently has a consensus rating of “Moderate Buy” and an average target price of $402.83.

Insiders Place Their Bets

In other news, Director Laura K. Thompson sold 270 shares of WESCO International stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total transaction of $99,481.50. Following the sale, the director directly owned 10,720 shares of the company’s stock, valued at approximately $3,949,784. This trade represents a 2.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Akash Khurana sold 3,400 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $366.78, for a total value of $1,247,052.00. Following the sale, the executive vice president owned 27,404 shares in the company, valued at approximately $10,051,239.12. This trade represents a 11.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.60% of the company’s stock.

WESCO International Stock Performance

NYSE WCC opened at $317.36 on Friday. The firm’s fifty day moving average price is $351.18 and its two-hundred day moving average price is $344.30. The stock has a market cap of $15.46 billion, a PE ratio of 21.93, a PEG ratio of 1.90 and a beta of 1.54. WESCO International, Inc. has a fifty-two week low of $219.62 and a fifty-two week high of $388.64. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.23 and a current ratio of 2.09.

WESCO International (NYSE:WCC) last announced 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 company had revenue of $6.67 billion during the quarter, compared to the consensus estimate of $6.44 billion. During the same period in the prior year, the business earned $3.83 earnings per share. The company’s revenue for the quarter was up 13.0% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. On average, equities analysts expect that WESCO International, Inc. will post 16.77 EPS for the current fiscal year.

WESCO International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, September 11th. WESCO International’s dividend payout ratio is presently 13.82%.

WESCO International Company Profile

WESCO International, Inc is a business-to-business provider of electrical, communications, security, and supply chain solutions. The company distributes products used in electrical and electronic systems, including wire and cable, lighting, circuit protection, automation and control equipment, data communications infrastructure, security products, and other electrical and industrial supplies.

WESCO serves a broad range of customers, including electrical and data communications contractors, industrial companies, original equipment manufacturers, utilities, commercial and institutional businesses, government entities, and telecommunications providers.