Teachers Retirement System of The State of Kentucky Cuts Stock Holdings in WESCO International, Inc. $WCC

Key Points

• Teachers Retirement System of The State of Kentucky cut its WESCO International stake by 42.3% in Q4, selling 10,550 shares and leaving a 14,378-share position valued at about $3.52 million.
• WESCO reported Q earnings of $3.40 EPS, missing estimates of $3.82 while revenue rose 10.3% to $6.07 billion, and set FY2026 guidance of 14.50–16.50 EPS (consensus ~15.55).
• The stock carries a consensus rating of “Moderate Buy” with a $276 target, though several firms have raised price targets (RBC to $335, JPMorgan to $290), and WCC recently traded near $315.83 close to its 52-week high of $330.00.

Teachers Retirement System of The State of Kentucky reduced its stake in WESCO International, Inc. (NYSE:WCC - Free Report) by 42.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,378 shares of the technology company's stock after selling 10,550 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in WESCO International were worth $3,517,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Greenleaf Trust grew its stake in WESCO International by 1.6% during the 4th quarter. Greenleaf Trust now owns 2,646 shares of the technology company's stock worth $647,000 after purchasing an additional 41 shares in the last quarter. Lazard Asset Management LLC raised its position 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 in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of WESCO International by 6.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,340 shares of the technology company's stock valued at $283,000 after buying an additional 79 shares during the period. Brown Brothers Harriman & Co. grew its position in shares of WESCO International by 166.0% during the third quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company's stock worth $28,000 after buying an additional 83 shares in the last quarter. Finally, Burns Matteson Capital Management LLC grew its position in shares of WESCO International by 4.0% during the fourth quarter. Burns Matteson Capital Management LLC now owns 2,281 shares of the technology company's stock worth $558,000 after buying an additional 88 shares in the last quarter. 93.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WCC has been the topic of several analyst reports. 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 boosted their price target on shares of WESCO International from $316.00 to $335.00 and gave the stock an "outperform" rating in a report on Wednesday, February 11th. JPMorgan Chase & Co. increased their price objective on shares of WESCO International from $260.00 to $290.00 and gave the company an "overweight" rating in a research report on Friday, January 16th. KeyCorp set a $340.00 price objective on shares of WESCO International in a report on Wednesday, February 11th. Finally, Weiss Ratings downgraded shares of WESCO International from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, April 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $276.00.

WESCO International Price Performance

WCC stock opened at $315.83 on Tuesday. The business has a 50 day moving average price of $286.07 and a 200 day moving average price of $270.53. The company has a quick ratio of 1.27, a current ratio of 2.20 and a debt-to-equity ratio of 1.15. The stock has a market cap of $15.37 billion, a price-to-earnings ratio of 24.18, a PEG ratio of 2.04 and a beta of 1.44. WESCO International, Inc. has a fifty-two week low of $151.45 and a fifty-two week high of $330.00.

WESCO International (NYSE:WCC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 EPS for the quarter, missing the consensus estimate of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The company had revenue of $6.07 billion during the quarter, compared to analysts' expectations of $6.03 billion. During the same quarter in the prior year, the company earned $3.16 earnings per share. The business's revenue for the quarter was up 10.3% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. Equities research analysts anticipate that WESCO International, Inc. will post 15.55 earnings per share for the current fiscal year.

WESCO International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were given a $0.50 dividend. This is a positive change from WESCO International's previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. WESCO International's payout ratio is 15.31%.

Insider Buying and Selling at WESCO International

In related news, EVP Daniel J. Castillo purchased 1,400 shares of the business's stock in a transaction that occurred on Tuesday, March 31st. The shares were purchased at an average cost of $266.06 per share, for a total transaction of $372,484.00. Following the purchase, the executive vice president directly owned 15,300 shares of the company's stock, valued at $4,070,718. The trade was a 10.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Diane Lazzaris sold 2,747 shares of the business's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total transaction of $831,269.67. Following the completion of the sale, the executive vice president directly owned 28,865 shares of the company's stock, valued at approximately $8,734,837.65. This trade represents a 8.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 20,114 shares of company stock worth $6,128,353 over the last quarter. 3.10% of the stock is owned by company insiders.

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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