WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Christine Ann Wolf sold 2,549 shares of the business's stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $355.25, for a total transaction of $905,532.25. Following the completion of the transaction, the executive vice president owned 29,570 shares of the company's stock, valued at $10,504,742.50. This represents a 7.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Christine Ann Wolf also recently made the following trade(s):
- On Tuesday, May 5th, Christine Ann Wolf sold 2,438 shares of WESCO International stock. The stock was sold at an average price of $351.16, for a total transaction of $856,128.08.
WESCO International Stock Down 3.4%
WESCO International stock traded down $12.32 during trading hours on Thursday, reaching $350.80. The stock had a trading volume of 728,962 shares, compared to its average volume of 599,470. The company has a market cap of $17.07 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 2.23 and a beta of 1.54. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.12 and a quick ratio of 1.22. The business's 50 day moving average price is $289.81 and its 200-day moving average price is $274.72. WESCO International, Inc. has a 52 week low of $160.14 and a 52 week high of $368.90.
WESCO International (NYSE:WCC - Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, topping analysts' consensus estimates of $2.88 by $0.49. The business had revenue of $6.08 billion during the quarter, compared to the consensus estimate of $5.86 billion. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The firm's revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the company posted $2.21 earnings per share. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Sell-side analysts anticipate that WESCO International, Inc. will post 15.7 EPS for the current year.
WESCO International Increases Dividend
The business also recently disclosed 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 annualized dividend and a dividend yield of 0.6%. This is an increase from WESCO International's previous quarterly dividend of $0.45. The ex-dividend date was Friday, March 13th. WESCO International's dividend payout ratio is currently 14.21%.
Institutional Investors Weigh In On WESCO International
A number of large investors have recently bought and sold shares of the company. Greenleaf Trust raised its stake in WESCO International by 1.6% in the 4th quarter. Greenleaf Trust now owns 2,646 shares of the technology company's stock valued at $647,000 after purchasing an additional 41 shares during the last quarter. Cornerstone Planning Group LLC raised 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 valued at $26,000 after purchasing an additional 51 shares during the last quarter. Bessemer Group Inc. raised its stake in WESCO International by 2.4% in the 1st quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company's stock valued at $606,000 after purchasing an additional 51 shares during the last quarter. Lazard Asset Management LLC raised its stake in WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company's stock valued at $740,000 after purchasing an additional 54 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in WESCO International by 11.5% in the 4th quarter. Parallel Advisors LLC now owns 581 shares of the technology company's stock valued at $142,000 after purchasing an additional 60 shares during the last quarter. Hedge funds and other institutional investors own 93.75% of the company's stock.
Analysts Set New Price Targets
Several research firms have recently issued reports on WCC. Wall Street Zen downgraded shares of WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Barclays upped their price objective on shares of WESCO International from $313.00 to $375.00 and gave the company an "overweight" rating in a report on Monday. JPMorgan Chase & Co. upped their price objective on shares of WESCO International from $260.00 to $290.00 and gave the company an "overweight" rating in a report on Friday, January 16th. KeyCorp upped their price objective on shares of WESCO International from $340.00 to $415.00 and gave the company an "overweight" rating in a report on Friday, May 1st. Finally, Weiss Ratings upgraded WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, WESCO International presently has an average rating of "Buy" and a consensus price target of $321.38.
View Our Latest Analysis on WESCO International
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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider WESCO International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WESCO International wasn't on the list.
While WESCO International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.