Paradigm Capital Management Inc. NY Purchases New Position in WESCO International, Inc. $WCC

Key Points

• Paradigm Capital Management acquired 30,000 WESCO International shares worth approximately $10.4 million, while institutional investors collectively own 93.75% of the company.
• WESCO reported quarterly earnings of $4.57 per share, beating estimates of $3.98, while revenue rose 13% year over year to $6.67 billion. The company issued fiscal 2026 EPS guidance of $16.00–$17.50.
• Analysts maintain a consensus “Buy” rating with an average price target of $374.29, although the stock recently traded down 3.5% to $337.07. WESCO also pays a quarterly dividend of $0.50 per share, yielding about 0.6%.

Paradigm Capital Management Inc. NY acquired a new position in shares of WESCO International, Inc. (NYSE:WCC - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 30,000 shares of the technology company's stock, valued at approximately $10,363,000. Paradigm Capital Management Inc. NY owned about 0.06% of WESCO International as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of WESCO International in the 2nd quarter valued at about $3,094,634,000. Bank of New York Mellon Corp acquired a new position in WESCO International during the second quarter worth approximately $249,503,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in WESCO International in the second quarter valued at approximately $175,189,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in WESCO International in the second quarter valued at approximately $41,561,000. Finally, Public Employees Retirement Association of Colorado boosted its holdings in shares of WESCO International by 1,674.7% in the fourth quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company's stock valued at $21,686,000 after acquiring an additional 83,650 shares during the period. Institutional investors and hedge funds own 93.75% of the company's stock.

WESCO International Trading Down 3.5%

NYSE:WCC opened at $337.07 on Tuesday. The firm has a market cap of $16.43 billion, a P/E ratio of 23.29, a PEG ratio of 2.08 and a beta of 1.54. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13. The stock's 50 day simple moving average is $343.34 and its 200-day simple moving average is $323.05. WESCO International, Inc. has a 12-month low of $203.40 and a 12-month high of $385.37.

WESCO International (NYSE:WCC - Get Free Report) last issued its quarterly earnings results 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 return on equity of 14.95% and a net margin of 2.84%.The firm had revenue of $6.67 billion during the quarter, compared to the consensus estimate of $6.44 billion. During the same period last year, the company earned $3.83 earnings per share. The company's revenue for the quarter was up 13.0% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. Equities analysts anticipate that WESCO International, Inc. will post 16.77 EPS for the current year.

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders 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 presently 13.82%.

Insider Transactions at WESCO International

In other news, EVP Akash Khurana sold 3,400 shares of the firm's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $366.78, for a total value of $1,247,052.00. Following the completion of the sale, the executive vice president owned 27,404 shares in the company, valued at approximately $10,051,239.12. This trade represents a 11.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Laura K. Thompson sold 270 shares of WESCO International stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $368.45, for a total transaction of $99,481.50. Following the completion of the sale, the director directly owned 10,720 shares in the company, valued at approximately $3,949,784. The trade was a 2.46% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 2.60% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on WCC. Barclays lifted their target price on shares of WESCO International from $376.00 to $390.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Zacks Research upgraded shares of WESCO International from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 3rd. Wall Street Zen downgraded shares of WESCO International from a "buy" rating to a "hold" rating in a research report on Sunday, July 12th. Weiss Ratings upgraded shares of WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, August 17th. Finally, Royal Bank Of Canada upped their target price on shares of WESCO International from $421.00 to $430.00 and gave the company an "outperform" rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat, WESCO International has a consensus rating of "Buy" and an average price target of $374.29.

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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