California State Teachers Retirement System Buys 10,267 Shares of WESCO International, Inc. $WCC

Key Points

• California State Teachers Retirement System increased its WESCO International stake by 22.3%, purchasing 10,267 additional shares to reach 56,353 shares valued at approximately $15.4 million. Institutional investors collectively own 93.75% of the company.
• WESCO reported record second-quarter results, with revenue rising 13% year over year to $6.67 billion and adjusted EPS of $4.57, surpassing analyst estimates. Management raised its fiscal 2026 outlook to adjusted EPS of $16.00–$17.50 and revenue of $25.9–$26.3 billion, supported by strong data-center sales and backlog growth.
• Insider selling remained notable: executives sold shares worth approximately $51.8 million over the past three months, while insiders own just 2.60% of the stock. Analysts maintain a generally positive view, with eight Buy ratings and one Hold rating.

California State Teachers Retirement System grew its stake in shares of WESCO International, Inc. (NYSE:WCC - Free Report) by 22.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 56,353 shares of the technology company's stock after buying an additional 10,267 shares during the period. California State Teachers Retirement System owned approximately 0.12% of WESCO International worth $15,419,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in WCC. Cornerstone Planning Group LLC increased its stake in WESCO International by 92.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company's stock valued at $26,000 after acquiring an additional 51 shares during the period. Brown Brothers Harriman & Co. raised its holdings in WESCO International by 166.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company's stock valued at $28,000 after acquiring an additional 83 shares in the last quarter. Torren Management LLC bought a new stake in shares of WESCO International in the 4th quarter worth approximately $32,000. Hilton Head Capital Partners LLC bought a new stake in shares of WESCO International in the 4th quarter worth approximately $39,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of WESCO International during the 4th quarter worth approximately $52,000. Institutional investors own 93.75% of the company's stock.

Insider Activity

In other news, EVP Hemant Porwal sold 4,445 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $363.21, for a total transaction of $1,614,468.45. Following the sale, the executive vice president owned 16,618 shares in the company, valued at approximately $6,035,823.78. This represents a 21.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christine Ann Wolf sold 2,549 shares of the firm's stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $355.25, for a total value of $905,532.25. Following the completion of the sale, the executive vice president owned 29,570 shares of the company's stock, valued at approximately $10,504,742.50. This trade represents a 7.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 144,486 shares of company stock worth $51,846,641. 2.60% of the stock is currently owned by insiders.

Key Headlines Impacting WESCO International

Here are the key news stories impacting WESCO International this week:

• Positive Sentiment: WESCO reported record second-quarter sales of approximately $6.7 billion, up 13% year over year and above the roughly $6.44 billion analyst estimate. Adjusted EPS reached a record $4.57, exceeding consensus estimates near $3.98 and rising from $3.83 a year earlier. WESCO International Reports Second Quarter 2026 Results
• Positive Sentiment: Data-center sales increased about 45% year over year to $1.5 billion, while total company backlog grew approximately 60%. The figures provide stronger demand visibility and reinforce investor optimism about data-center, electrical infrastructure and grid-related spending.
• Positive Sentiment: Management raised its fiscal 2026 outlook to adjusted EPS of $16.00–$17.50 and revenue of $25.9–$26.3 billion, above the prior consensus revenue estimate of about $25.4 billion. Adjusted EBITDA margin also improved to 7.3% from 6.7% a year earlier. Wesco International Raises Outlook After Record Q2 Results
• Positive Sentiment: Royal Bank of Canada raised its price target from $421 to $430 and reiterated an “outperform” rating, signaling continued confidence in WCC’s earnings momentum and backlog-driven growth potential. Benzinga analyst action
• Neutral Sentiment: WESCO highlighted a significant multiyear grid-services award from a hyperscale data-center customer and the Newark Engineering acquisition, which expands its cooling and lifecycle capabilities. These initiatives may strengthen long-term growth but also require execution.
• Negative Sentiment: Reported operating cash flow was $54 million and free cash flow was $32 million, relatively modest compared with the company’s revenue scale. In addition, disclosed insider activity over the past six months was heavily weighted toward sales, although one insider purchase was also reported.

WESCO International Price Performance

NYSE:WCC opened at $344.32 on Monday. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 1.13. The firm has a market cap of $16.77 billion, a PE ratio of 23.80, a price-to-earnings-growth ratio of 2.14 and a beta of 1.54. WESCO International, Inc. has a 12 month low of $197.96 and a 12 month high of $377.90. The company's 50-day moving average price is $342.99 and its two-hundred day moving average price is $314.86.

WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.59. WESCO International had a net margin of 2.84% and a return on equity of 14.95%. The company had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.44 billion. During the same quarter last year, the business posted $3.83 earnings per share. The company's revenue was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. On average, equities analysts anticipate that WESCO International, Inc. will post 16.08 EPS for the current fiscal year.

WESCO International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, June 12th were given a dividend of $0.50 per share. The ex-dividend date was Friday, June 12th. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. WESCO International's dividend payout ratio is 14.21%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays boosted their price objective on WESCO International from $313.00 to $375.00 and gave the company an "overweight" rating in a research report on Monday, May 4th. Stephens upgraded shares of WESCO International from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $350.00 to $400.00 in a research note on Tuesday, July 14th. Wall Street Zen downgraded shares of WESCO International from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. DA Davidson assumed coverage on shares of WESCO International in a report on Tuesday, June 16th. They issued a "buy" rating and a $440.00 price target on the stock. Finally, KeyCorp increased their price objective on shares of WESCO International from $340.00 to $415.00 and gave the company an "overweight" rating in a research note on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $355.00.

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.

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