WESCO International, Inc. $WCC Shares Sold by Kennedy Capital Management LLC

Key Points

• Kennedy Capital Management reduced its stake in WESCO International by 34.0% in Q3, selling 41,158 shares and leaving 80,062 shares valued at about $16.93 million; institutional investors now own 93.75% of WCC.
• EVP Diane Lazzaris sold 2,747 shares at an average $302.61 (≈$831,270), and insiders have sold 20,114 shares worth $6.13 million over the past three months, leaving insiders with 3.30% ownership.
• WESCO raised its quarterly dividend to $0.50 (annualized $2.00, 0.8% yield) and set FY2026 guidance of $14.50–$16.50 EPS, even as it missed quarterly EPS estimates ($3.40 vs. $3.82) while reporting 10.3% revenue growth to $6.07 billion.

Kennedy Capital Management LLC reduced its holdings in WESCO International, Inc. (NYSE:WCC - Free Report) by 34.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,062 shares of the technology company's stock after selling 41,158 shares during the quarter. Kennedy Capital Management LLC owned 0.16% of WESCO International worth $16,933,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of WESCO International by 19.5% in the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company's stock valued at $145,222,000 after buying an additional 111,930 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of WESCO International by 11.3% during the 3rd quarter. Russell Investments Group Ltd. now owns 170,577 shares of the technology company's stock worth $36,078,000 after acquiring an additional 17,377 shares in the last quarter. Handelsbanken Fonder AB grew its holdings in shares of WESCO International by 10.4% in the 3rd quarter. Handelsbanken Fonder AB now owns 194,893 shares of the technology company's stock worth $41,220,000 after acquiring an additional 18,377 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of WESCO International by 25.0% during the third quarter. EverSource Wealth Advisors LLC now owns 941 shares of the technology company's stock worth $199,000 after purchasing an additional 188 shares during the period. Finally, Rossby Financial LCC lifted its holdings in shares of WESCO International by 117.4% during the third quarter. Rossby Financial LCC now owns 200 shares of the technology company's stock valued at $43,000 after purchasing an additional 108 shares during the last quarter. Institutional investors and hedge funds own 93.75% of the company's stock.

Insider Activity

In related news, EVP Diane Lazzaris sold 2,747 shares of the company's stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $302.61, for a total value of $831,269.67. Following the completion of the sale, the executive vice president directly owned 28,865 shares in the company, valued at approximately $8,734,837.65. This represents a 8.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders have sold 20,114 shares of company stock valued at $6,128,353. 3.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on WCC. Barclays lifted their price target on WESCO International from $302.00 to $313.00 and gave the stock an "overweight" rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. raised their target price on shares of WESCO International from $260.00 to $290.00 and gave the stock an "overweight" rating in a report on Friday, January 16th. Wall Street Zen lowered shares of WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of WESCO International in a research note on Wednesday, January 21st. Finally, KeyCorp set a $340.00 target price on shares of WESCO International in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $276.00.

WESCO International Stock Up 0.1%

NYSE WCC traded up $0.36 on Friday, reaching $258.05. The stock had a trading volume of 88,090 shares, compared to its average volume of 600,564. The company has a current ratio of 2.20, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. WESCO International, Inc. has a 1 year low of $125.21 and a 1 year high of $319.67. The business has a 50 day moving average price of $286.25 and a 200 day moving average price of $254.31. The company has a market capitalization of $12.56 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 1.71 and a beta of 1.45.

WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share for the quarter, missing analysts' consensus estimates of $3.82 by ($0.42). The firm had revenue of $6.07 billion for the quarter, compared to analysts' expectations of $6.03 billion. WESCO International had a return on equity of 13.00% and a net margin of 2.72%.The firm's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the business earned $3.16 earnings per share. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. On average, analysts forecast that WESCO International, Inc. will post 13.3 EPS for the current fiscal year.

WESCO International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a dividend of $0.50 per share. This is a positive change from WESCO International's previous quarterly dividend of $0.45. The ex-dividend date is Friday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 0.8%. WESCO International's dividend payout ratio (DPR) is currently 13.94%.

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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