Alyeska Investment Group L.P. Has $225.77 Million Holdings in WESCO International, Inc. $WCC

Key Points

• Alyeska Investment Group increased its WESCO International stake by 16.2% in the second quarter, reaching 653,591 shares valued at approximately $225.77 million. Institutional investors and hedge funds collectively own 93.75% of WESCO’s stock.
• WESCO reported quarterly EPS of $4.57, beating estimates of $3.98, while revenue rose 13% year over year to $6.67 billion. The company provided fiscal 2026 EPS guidance of $16.00–$17.50.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and $374.29 price target. WESCO also declared a quarterly dividend of $0.50 per share, equivalent to a 0.6% yield.

Alyeska Investment Group L.P. boosted its position in WESCO International, Inc. (NYSE:WCC - Free Report) by 16.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 653,591 shares of the technology company's stock after buying an additional 91,321 shares during the period. Alyeska Investment Group L.P. owned approximately 1.34% of WESCO International worth $225,770,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Cookson Peirce & Co. Inc. increased its stake in WESCO International by 10.0% in the second quarter. Cookson Peirce & Co. Inc. now owns 8,615 shares of the technology company's stock valued at $2,976,000 after purchasing an additional 786 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in WESCO International by 16.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,093 shares of the technology company's stock valued at $2,450,000 after purchasing an additional 992 shares during the period. Hennessy Advisors Inc. bought a new stake in WESCO International during the 2nd quarter valued at $9,188,000. Sheets Smith Wealth Management grew its holdings in shares of WESCO International by 2.2% during the second quarter. Sheets Smith Wealth Management now owns 1,565 shares of the technology company's stock valued at $541,000 after buying an additional 34 shares during the last quarter. Finally, Hsbc Holdings PLC increased its position in shares of WESCO International by 1,185.8% during the second quarter. Hsbc Holdings PLC now owns 25,202 shares of the technology company's stock worth $8,745,000 after acquiring an additional 23,242 shares in the last quarter. 93.75% of the stock is owned by institutional investors and hedge funds.

WESCO International Trading Down 4.1%

Shares of WCC stock opened at $336.34 on Friday. WESCO International, Inc. has a 1 year low of $203.40 and a 1 year high of $385.37. The company's fifty day simple moving average is $342.01 and its two-hundred day simple moving average is $323.99. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.09 and a quick ratio of 1.23. The stock has a market capitalization of $16.39 billion, a price-to-earnings ratio of 23.24, a PEG ratio of 2.01 and a beta of 1.54.

WESCO International (NYSE:WCC - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.98 by $0.59. The company had revenue of $6.67 billion for the quarter, compared to analyst estimates of $6.44 billion. WESCO International had a return on equity of 14.95% and a net margin of 2.84%.The firm's revenue for the quarter was up 13.0% compared to the same quarter last year. During the same period in the previous year, the company posted $3.83 EPS. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. As a group, analysts anticipate that WESCO International, Inc. will post 16.77 earnings per share for the current year.

WESCO International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Friday, September 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, September 11th. WESCO International's payout ratio is presently 13.82%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WCC. Barclays increased their price objective on WESCO International from $376.00 to $390.00 and gave the stock an "overweight" rating in a research note on Monday, August 3rd. Wall Street Zen lowered shares of WESCO International from a "buy" rating to a "hold" rating in a research report on Sunday, July 12th. Stephens upgraded shares of WESCO International from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th. DA Davidson began coverage on shares of WESCO International in a research report on Tuesday, June 16th. They issued a "buy" rating and a $440.00 price objective for the company. Finally, Zacks Research upgraded shares of WESCO International from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $374.29.

Insiders Place Their Bets

In related news, Director Laura K. Thompson sold 270 shares of the business's stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total value of $99,481.50. Following the completion of the sale, the director owned 10,720 shares in the company, valued at $3,949,784. The trade was a 2.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Castillo acquired 960 shares of the firm's stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of $365.89 per share, for a total transaction of $351,254.40. Following the acquisition, the executive vice president owned 16,305 shares of the company's stock, valued at approximately $5,965,836.45. This trade represents a 6.26% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 2.60% of the company's stock.

WESCO International 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.

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