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Christine Ann Wolf Sells 2,438 Shares of WESCO International (NYSE:WCC) Stock

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Key Points

  • WESCO EVP Christine Ann Wolf sold a total of 4,987 shares across May 5–6 for about $1.76 million, cutting her stake to 29,570 shares (a 7.62% ownership decline) valued at roughly $10.38 million.
  • WESCO topped expectations in the quarter, reporting $3.37 EPS vs. $2.88 expected and $6.08 billion in revenue vs. $5.86 billion expected, and set FY2026 guidance of $15.00–$17.00 EPS (analysts forecast ~15.7 EPS).
  • Analysts have grown bullish—RBC, KeyCorp and Barclays raised price targets (to $411, $415 and $375 respectively) and the stock carries a consensus "Buy" rating with an average target of $321.38.
  • MarketBeat previews top five stocks to own in June.

WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Christine Ann Wolf sold 2,438 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $351.16, for a total value of $856,128.08. Following the transaction, the executive vice president directly owned 29,570 shares of the company's stock, valued at approximately $10,383,801.20. The trade was a 7.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Christine Ann Wolf also recently made the following trade(s):

  • On Wednesday, May 6th, Christine Ann Wolf sold 2,549 shares of WESCO International stock. The shares were sold at an average price of $355.25, for a total value of $905,532.25.

WESCO International Price Performance

NYSE WCC traded down $12.32 on Thursday, reaching $350.80. 728,962 shares of the stock traded hands, compared to its average volume of 599,470. The firm's fifty day simple moving average is $289.81 and its 200 day simple moving average is $274.72. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13. The company has a market cap of $17.07 billion, a price-to-earnings ratio of 24.93, a P/E/G ratio of 2.23 and a beta of 1.54. WESCO International, Inc. has a 12 month low of $160.14 and a 12 month high of $368.90.

WESCO International (NYSE:WCC - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.88 by $0.49. The firm had revenue of $6.08 billion during the quarter, compared to analyst estimates of $5.86 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The firm's quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the company posted $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, research analysts predict that WESCO International, Inc. will post 15.7 EPS for the current fiscal year.

WESCO International Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, March 13th. This is an increase from WESCO International's previous quarterly dividend of $0.45. WESCO International's dividend payout ratio is 14.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WCC shares. Royal Bank Of Canada raised their price objective on WESCO International from $352.00 to $411.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. Wall Street Zen lowered WESCO International from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. KeyCorp raised their price objective on WESCO International from $340.00 to $415.00 and gave the stock an "overweight" rating in a research note on Friday, May 1st. Weiss Ratings raised WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday. Finally, Barclays raised their price objective on WESCO International from $313.00 to $375.00 and gave the stock an "overweight" rating in a research note on Monday. 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's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $321.38.

Read Our Latest Research Report on WCC

Institutional Trading of WESCO International

Several hedge funds and other institutional investors have recently modified their holdings of WCC. Cornerstone Planning Group LLC boosted its position in shares of WESCO International by 92.7% in the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company's stock worth $26,000 after buying an additional 51 shares during the period. Brown Brothers Harriman & Co. boosted its position 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 buying an additional 83 shares during the period. Rothschild Investment LLC boosted its position 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 buying an additional 134 shares during the period. Torren Management LLC acquired a new stake in shares of WESCO International in the fourth quarter worth $32,000. Finally, Root Financial Partners LLC acquired a new stake in shares of WESCO International in the third quarter worth $37,000. Institutional investors and hedge funds own 93.75% of the company's stock.

About WESCO International

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for WESCO International (NYSE:WCC)

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