WESCO International, Inc. (NYSE:WCC – Get Free Report) EVP Dirk Waugh Naylor sold 3,953 shares of WESCO International stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $351.10, for a total transaction of $1,387,898.30. Following the transaction, the executive vice president directly owned 8,956 shares of the company’s stock, valued at $3,144,451.60. This represents a 30.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
WESCO International Price Performance
Shares of NYSE WCC opened at $355.92 on Friday. WESCO International, Inc. has a twelve month low of $160.70 and a twelve month high of $368.90. The firm has a fifty day simple moving average of $290.91 and a 200 day simple moving average of $275.69. The company has a market capitalization of $17.32 billion, a PE ratio of 25.30, a P/E/G ratio of 2.26 and a beta of 1.54. 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 (NYSE:WCC – Get Free Report) last announced its earnings results 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 business had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. During the same quarter last year, the firm earned $2.21 earnings per share. WESCO International’s quarterly revenue was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, sell-side analysts forecast that WESCO International, Inc. will post 15.7 EPS for the current year.
WESCO International Increases Dividend
WESCO International News Roundup
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)
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Cornerstone Planning Group LLC grew its holdings in shares of WESCO International by 92.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock valued at $26,000 after buying an additional 51 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of WESCO International by 166.0% during the third quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock valued at $28,000 after purchasing an additional 83 shares in the last quarter. Rothschild Investment LLC lifted its position in shares of WESCO International by 788.2% during the third quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock valued at $32,000 after purchasing an additional 134 shares in the last quarter. Torren Management LLC bought a new position in shares of WESCO International during the fourth quarter valued at about $32,000. Finally, Root Financial Partners LLC bought a new position in shares of WESCO International during the third quarter valued at about $37,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have commented on the stock. KeyCorp raised their price target 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. Royal Bank Of Canada raised their price target on shares of WESCO International from $352.00 to $411.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. JPMorgan Chase & Co. raised their price target on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a report on Friday, January 16th. Barclays raised their price target on shares of WESCO International from $313.00 to $375.00 and gave the stock an “overweight” rating in a report on Monday, May 4th. Finally, Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $321.38.
Get Our Latest Stock Analysis on WCC
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.
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