Insider Selling: WESCO International (NYSE:WCC) CAO Sells $22,413.19 in Stock

WESCO International, Inc. (NYSE:WCC) CAO Matthew Kulasa sold 73 shares of WESCO International stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $307.03, for a total transaction of $22,413.19. Following the completion of the sale, the chief accounting officer owned 4,019 shares of the company’s stock, valued at $1,233,953.57. This represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

WESCO International Stock Down 1.0%

Shares of WESCO International stock opened at $297.17 on Monday. WESCO International, Inc. has a twelve month low of $125.21 and a twelve month high of $319.67. The company has a quick ratio of 1.27, a current ratio of 2.20 and a debt-to-equity ratio of 1.15. The company’s 50 day moving average is $277.88 and its 200 day moving average is $247.89. The company has a market cap of $14.46 billion, a price-to-earnings ratio of 22.75, a price-to-earnings-growth ratio of 1.91 and a beta of 1.45.

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

WESCO International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a $0.4538 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.82 dividend on an annualized basis and a yield of 0.6%. WESCO International’s dividend payout ratio is currently 13.94%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of WCC. Cornerstone Planning Group LLC increased its stake in WESCO International by 92.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after buying an additional 51 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of WESCO International by 166.0% in the third quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after acquiring an additional 83 shares during the period. Rothschild Investment LLC boosted its stake in shares of WESCO International by 788.2% in the third quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock worth $32,000 after acquiring an additional 134 shares during the period. Torren Management LLC purchased a new stake in shares of WESCO International during the fourth quarter worth about $32,000. Finally, Root Financial Partners LLC bought a new stake in WESCO International during the 3rd quarter valued at approximately $37,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on WCC shares. JPMorgan Chase & Co. increased their price objective on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Barclays increased their price target on shares of 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 downgraded shares of WESCO International from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Royal Bank Of Canada raised their target price on WESCO International from $316.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of WESCO International in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus 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.