Campbell & CO Investment Adviser LLC Invests $416,000 in WESCO International, Inc. $WCC

Campbell & CO Investment Adviser LLC acquired a new stake in shares of WESCO International, Inc. (NYSE:WCC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,968 shares of the technology company’s stock, valued at approximately $416,000.

A number of other large investors have also bought and sold shares of WCC. First Horizon Advisors Inc. raised its holdings in WESCO International by 129.7% during the 2nd quarter. First Horizon Advisors Inc. now owns 232 shares of the technology company’s stock worth $43,000 after buying an additional 131 shares during the period. Parallel Advisors LLC increased its position in shares of WESCO International by 13.4% during the second quarter. Parallel Advisors LLC now owns 507 shares of the technology company’s stock worth $94,000 after acquiring an additional 60 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of WESCO International by 33.0% during the third quarter. GAMMA Investing LLC now owns 589 shares of the technology company’s stock worth $125,000 after acquiring an additional 146 shares during the period. EverSource Wealth Advisors LLC lifted its position in WESCO International by 95.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock valued at $139,000 after acquiring an additional 368 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC bought a new stake in WESCO International in the 2nd quarter valued at $211,000. 93.75% of the stock is owned by institutional investors.

Insider Transactions at WESCO International

In related news, EVP Diane Lazzaris sold 7,522 shares of WESCO International stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $256.00, for a total transaction of $1,925,632.00. Following the completion of the transaction, the executive vice president owned 45,401 shares in the company, valued at approximately $11,622,656. This trade represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Matthew S. Kulasa sold 790 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $253.18, for a total value of $200,012.20. Following the completion of the sale, the chief accounting officer owned 3,320 shares in the company, valued at $840,557.60. This represents a 19.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,036 shares of company stock worth $4,385,254 in the last ninety days. Insiders own 3.30% of the company’s stock.

WESCO International Stock Performance

Shares of NYSE WCC opened at $289.92 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.20 and a current ratio of 2.09. The stock has a 50 day moving average price of $263.09 and a 200 day moving average price of $233.81. The stock has a market capitalization of $14.10 billion, a PE ratio of 22.74, a price-to-earnings-growth ratio of 1.81 and a beta of 1.45. WESCO International, Inc. has a 52 week low of $125.21 and a 52 week high of $291.01.

WESCO International (NYSE:WCC) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $3.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.75 by $0.17. The company had revenue of $6.20 billion for the quarter, compared to analysts’ expectations of $5.91 billion. WESCO International had a return on equity of 13.12% and a net margin of 2.81%.The business’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.58 EPS. WESCO International has set its FY 2025 guidance at 13.100-13.600 EPS. Analysts predict that WESCO International, Inc. will post 13.3 earnings per share for the current fiscal year.

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.4538 per share. The ex-dividend date was Friday, December 12th. This represents a $1.82 annualized dividend and a dividend yield of 0.6%. WESCO International’s payout ratio is currently 14.27%.

Analyst Ratings Changes

Several analysts have issued reports on WCC shares. KeyCorp lifted their price target on WESCO International from $258.00 to $300.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Wall Street Zen downgraded WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. JPMorgan Chase & Co. lifted their target price on WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Royal Bank Of Canada raised WESCO International from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $262.00 to $302.00 in a research report on Wednesday, November 19th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of WESCO International in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $265.50.

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.