AEGON ASSET MANAGEMENT UK Plc Sells 1,715 Shares of WESCO International, Inc. $WCC

AEGON ASSET MANAGEMENT UK Plc trimmed its holdings in WESCO International, Inc. (NYSE:WCC) by 1.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 146,185 shares of the technology company’s stock after selling 1,715 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc owned 0.30% of WESCO International worth $35,719,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in WCC. Brown Brothers Harriman & Co. increased its position in WESCO International by 166.0% during the 3rd 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 during the period. Rothschild Investment LLC increased its position in WESCO International by 788.2% during the 3rd quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock valued at $32,000 after purchasing an additional 134 shares during the period. Root Financial Partners LLC purchased a new position in WESCO International during the 3rd quarter valued at $37,000. Rossby Financial LCC increased its position in WESCO International by 117.4% during the 3rd quarter. Rossby Financial LCC now owns 200 shares of the technology company’s stock valued at $43,000 after purchasing an additional 108 shares during the period. Finally, V Square Quantitative Management LLC purchased a new position in WESCO International during the 4th quarter valued at $52,000. 93.75% of the stock is currently owned by institutional investors.

Insider Transactions at WESCO International

In related news, EVP Daniel J. Castillo purchased 1,400 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were purchased at an average price of $266.06 per share, with a total value of $372,484.00. Following the acquisition, the executive vice president directly owned 15,300 shares in the company, valued at $4,070,718. The trade was a 10.07% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Diane Lazzaris sold 2,747 shares of the stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $302.61, for a total transaction of $831,269.67. Following the completion of the transaction, the executive vice president owned 28,865 shares in the company, valued at $8,734,837.65. This trade represents a 8.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 20,114 shares of company stock worth $6,128,353. Insiders own 3.30% of the company’s stock.

WESCO International Stock Performance

Shares of WCC stock opened at $316.44 on Friday. WESCO International, Inc. has a one year low of $151.45 and a one year high of $330.00. The company’s 50-day moving average is $285.90 and its 200 day moving average is $269.54. The company has a market capitalization of $15.40 billion, a price-to-earnings ratio of 24.23, a price-to-earnings-growth ratio of 2.05 and a beta of 1.44. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.27 and a current ratio of 2.20.

WESCO International (NYSE:WCC) last announced its quarterly earnings data on Tuesday, February 10th. The technology company reported $3.40 EPS for the quarter, missing the consensus estimate of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The firm had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $6.03 billion. During the same period last year, the company posted $3.16 earnings per share. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. Sell-side analysts expect that WESCO International, Inc. will post 15.55 EPS for the current fiscal year.

WESCO International Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th were issued 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 of this dividend was Friday, March 13th. This is a boost from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s payout ratio is 15.31%.

Analyst Ratings Changes

A number of brokerages have issued reports on WCC. Royal Bank Of Canada boosted their price objective on shares of WESCO International from $316.00 to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. KeyCorp set a $340.00 price objective on shares of WESCO International in a research report on Wednesday, February 11th. Weiss Ratings downgraded shares of WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. JPMorgan Chase & Co. boosted their price objective on shares of WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. Finally, Barclays boosted their price objective on shares of WESCO International from $302.00 to $313.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $276.00.

About WESCO International

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.