Strs Ohio Purchases 4,402 Shares of WESCO International, Inc. $WCC

Key Points

• Strs Ohio boosted its stake in WESCO by 21%, purchasing 4,402 shares to hold 25,348 shares valued at about $6.2 million (roughly a 0.05% stake), and overall institutional investors own about 93.75% of the stock.
• WESCO beat quarterly expectations with $3.37 EPS versus $2.88 expected and $6.08 billion in revenue versus $5.86 billion expected, set FY2026 guidance of $15.00–$17.00 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $321.38 price target.
• Insider activity shows significant selling (20,114 shares in the last 90 days, including EVP Diane Lazzaris' 17,294-share sale) while EVP Daniel Castillo bought 1,400 shares, and the company raised its quarterly dividend to $0.50 ($2.00 annual, ~0.6% yield).

Strs Ohio increased its position in WESCO International, Inc. (NYSE:WCC - Free Report) by 21.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,348 shares of the technology company's stock after purchasing an additional 4,402 shares during the quarter. Strs Ohio owned approximately 0.05% of WESCO International worth $6,201,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Cornerstone Planning Group LLC raised its holdings in shares of 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 period. Davis Selected Advisers raised its holdings in shares of WESCO International by 24.6% in the 4th quarter. Davis Selected Advisers now owns 364,502 shares of the technology company's stock valued at $89,172,000 after purchasing an additional 71,932 shares during the period. Shaker Investments LLC OH bought a new stake in shares of WESCO International in the 4th quarter valued at about $2,156,000. Torren Management LLC bought a new stake in shares of WESCO International in the 4th quarter valued at about $32,000. Finally, Quent Long Short Global Small Cap Fund LP bought a new stake in shares of WESCO International in the 4th quarter valued at about $858,000. 93.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In other WESCO International news, EVP Diane Lazzaris sold 17,294 shares of the stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $305.00, for a total transaction of $5,274,670.00. Following the transaction, the executive vice president owned 29,065 shares in the company, valued at $8,864,825. This represents a 37.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Daniel J. Castillo bought 1,400 shares of the firm's stock in a transaction on Tuesday, March 31st. The shares were acquired at an average price of $266.06 per share, for a total transaction of $372,484.00. Following the transaction, the executive vice president owned 15,300 shares in the company, valued at approximately $4,070,718. This represents a 10.07% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 20,114 shares of company stock worth $6,128,353. Company insiders own 2.60% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WCC shares. Weiss Ratings cut shares of WESCO International from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, April 6th. Wall Street Zen cut shares of WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Royal Bank Of Canada increased their price target on shares of WESCO International from $352.00 to $411.00 and gave the company an "outperform" rating in a report on Friday. KeyCorp increased their price target on shares of WESCO International from $340.00 to $415.00 and gave the company an "overweight" rating in a report on Friday. Finally, JPMorgan Chase & Co. increased their price target 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. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $321.38.

WESCO International Stock Down 2.4%

WESCO International stock opened at $346.14 on Tuesday. The stock has a market cap of $16.84 billion, a P/E ratio of 24.60, a P/E/G ratio of 2.28 and a beta of 1.54. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a twelve month low of $156.35 and a twelve month high of $355.56. The company's 50-day moving average price is $287.21 and its two-hundred day moving average price is $272.78.

WESCO International (NYSE:WCC - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $3.37 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.49. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The firm had revenue of $6.08 billion for the quarter, compared to analysts' expectations of $5.86 billion. During the same period in the prior year, the firm earned $2.21 EPS. The business's revenue was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. As a group, analysts expect that WESCO International, Inc. will post 15.56 EPS for the current year.

WESCO International Increases Dividend

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

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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