Diane Lazzaris Sells 2,747 Shares of WESCO International (NYSE:WCC) Stock

WESCO International, Inc. (NYSE:WCC) EVP Diane Lazzaris sold 2,747 shares of WESCO International stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total value of $831,269.67. Following the sale, the executive vice president owned 28,865 shares in the company, valued at $8,734,837.65. This represents a 8.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Diane Lazzaris also recently made the following trade(s):

• On Tuesday, February 17th, Diane Lazzaris sold 17,294 shares of WESCO International stock. The shares were sold at an average price of $305.00, for a total value of $5,274,670.00.

WESCO International Stock Performance

Shares of WCC stock opened at $300.05 on Friday. The company’s fifty day moving average price is $277.14 and its 200-day moving average price is $246.70. The stock has a market cap of $14.60 billion, a PE ratio of 22.97, a price-to-earnings-growth ratio of 1.94 and a beta of 1.45. The company has a current ratio of 2.20, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. WESCO International, Inc. has a 12 month low of $125.21 and a 12 month high of $319.67.

WESCO International (NYSE:WCC) last issued its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The business had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $6.03 billion. During the same period last year, the business earned $3.16 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. On average, equities analysts expect that WESCO International, Inc. will post 13.3 EPS for the current fiscal year.

WESCO International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders 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 dividend on an annualized basis and a yield of 0.6%. WESCO International’s payout ratio is presently 13.94%.

Institutional Investors Weigh In On WESCO International

Hedge funds have recently added to or reduced their stakes in the stock. River Road Asset Management LLC boosted its stake in shares of WESCO International by 56.0% in the 2nd quarter. River Road Asset Management LLC now owns 605,918 shares of the technology company’s stock worth $112,216,000 after buying an additional 217,417 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position 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 worth $145,222,000 after purchasing an additional 111,930 shares during the last quarter. Public Employees Retirement Association of Colorado grew its stake in shares of WESCO International by 1,674.7% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock valued at $21,686,000 after purchasing an additional 83,650 shares during the period. Van Lanschot Kempen Investment Management N.V. increased its position in shares of WESCO International by 74.8% during the 4th 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 purchasing an additional 79,612 shares during the last quarter. Finally, Davis Selected Advisers lifted its stake in shares of WESCO International by 24.6% in the 4th quarter. Davis Selected Advisers now owns 364,502 shares of the technology company’s stock worth $89,172,000 after purchasing an additional 71,932 shares during the period. 93.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WCC shares. Barclays lifted their price target on WESCO International from $302.00 to $313.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. KeyCorp set a $340.00 price target on shares of WESCO International in a report on Wednesday, February 11th. Royal Bank Of Canada raised their price target 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. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of WESCO International in a report on Wednesday, January 21st. One equities 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $276.00.

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.