WESCO International, Inc. $WCC Stock Sold by D.A. Davidson & CO.

Key Points

• D.A. Davidson reduced its WESCO International stake by 11.5% in the third quarter, selling 6,381 shares and retaining 48,882 shares valued at approximately $17.6 million. Institutional investors collectively own 93.75% of WCC.
• WESCO reported strong quarterly results, with revenue up 16.6% year over year to $7.23 billion and adjusted EPS of $5.77, exceeding analyst expectations. Data-center sales rose about 55%, while operating margins, backlog, cash flow, and financial leverage also improved.
• Analyst sentiment remains favorable, with seven Buy ratings and one Hold rating producing a consensus “Moderate Buy” recommendation and an average price target of $402.83. The company also raised its 2026 outlook and pays a quarterly dividend of $0.50 per share.

D.A. Davidson & CO. lowered its position in WESCO International, Inc. (NYSE:WCC - Free Report) by 11.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,882 shares of the technology company's stock after selling 6,381 shares during the period. D.A. Davidson & CO.'s holdings in WESCO International were worth $17,577,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WCC. North Dakota State Investment Board raised its position in WESCO International by 2.8% during the third quarter. North Dakota State Investment Board now owns 1,465 shares of the technology company's stock valued at $527,000 after acquiring an additional 40 shares in the last quarter. VestGen Advisors LLC grew its position in WESCO International by 35.3% in the third quarter. VestGen Advisors LLC now owns 3,222 shares of the technology company's stock worth $1,159,000 after acquiring an additional 841 shares in the last quarter. Balance Wealth Partners LLC bought a new stake in WESCO International in the third quarter worth approximately $63,000. SYM FINANCIAL Corp grew its position in WESCO International by 36.4% in the third quarter. SYM FINANCIAL Corp now owns 900 shares of the technology company's stock worth $324,000 after acquiring an additional 240 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its stake in shares of WESCO International by 12.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,022 shares of the technology company's stock worth $12,953,000 after purchasing an additional 4,042 shares during the last quarter. Institutional investors own 93.75% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on WCC shares. Wall Street Zen upgraded shares of WESCO International from a "hold" rating to a "buy" rating in a report on Saturday, October 24th. Barclays lifted their price objective on shares of WESCO International from $390.00 to $437.00 and gave the company an "overweight" rating in a research note on Monday, October 12th. Royal Bank Of Canada upped their price objective on shares of WESCO International from $430.00 to $435.00 and gave the stock an "outperform" rating in a report on Wednesday, October 14th. Stephens raised shares of WESCO International from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $350.00 to $400.00 in a research report on Tuesday, July 14th. Finally, Weiss Ratings lowered WESCO International from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, October 23rd. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $402.83.

WESCO International News Roundup

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

• Positive Sentiment: Results exceeded expectations: WESCO reported record net sales of $7.23 billion, up 16.6% year over year and above the $6.87 billion consensus estimate. Adjusted diluted EPS was $5.77, versus the $4.61-$4.70 analyst range and $3.92 a year earlier. Wesco Tops Q3 Earnings and Revenue Estimates
• Positive Sentiment: Data-center demand was a major growth driver: Data-center sales rose approximately 55% year over year to $1.8 billion, while non-data-center sales increased 7%. This supports the investment case tied to data-center infrastructure and related supply-chain spending. Wesco Tops Q3 Estimates on Data Center Surge
• Positive Sentiment: Profitability and backlog improved: Operating profit increased 30.5% to $450.8 million, operating margin expanded to 6.2%, and adjusted EBITDA margin reached 7.8%. Companywide backlog increased roughly 80% year over year, providing stronger visibility into future revenue. Wesco Reports Record Third Quarter Results
• Positive Sentiment: Guidance was raised: Management increased its 2026 outlook, citing record sales, profitability and backlog. Operating cash flow was $194 million, compared with a use of $83 million in the prior-year quarter, while free cash flow was $184 million. Financial leverage also declined to 2.8 times from 3.4 times at 2025 year-end. Wesco Raises 2026 Guidance

Insider Transactions at WESCO International

In other news, EVP Daniel J. Castillo acquired 960 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The stock was acquired at an average cost of $365.89 per share, with a total value of $351,254.40. Following the acquisition, the executive vice president owned 16,305 shares in the company, valued at approximately $5,965,836.45. This represents a 6.26% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Laura Thompson sold 270 shares of the company's stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total transaction of $99,481.50. Following the sale, the director directly owned 10,720 shares of the company's stock, valued at approximately $3,949,784. This represents a 2.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.60% of the stock is owned by corporate insiders.

WESCO International Stock Up 5.2%

WCC opened at $365.17 on Friday. The business has a 50 day moving average price of $350.49 and a 200 day moving average price of $326.66. WESCO International, Inc. has a twelve month low of $221.43 and a twelve month high of $388.64. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.23 and a current ratio of 2.09. The firm has a market cap of $17.79 billion, a P/E ratio of 25.24, a price-to-earnings-growth ratio of 2.07 and a beta of 1.54.

WESCO International (NYSE:WCC - Get Free Report) last announced its earnings results on Thursday, October 29th. The technology company reported $5.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.69 by $1.08. WESCO International had a return on equity of 14.95% and a net margin of 2.84%. The firm had revenue of $7.23 billion during the quarter, compared to analysts' expectations of $6.87 billion. During the same quarter in the prior year, the business earned $3.92 earnings per share. The company's revenue was up 16.6% on a year-over-year basis. Research analysts forecast that WESCO International, Inc. will post 16.77 EPS for the current year.

WESCO International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 11th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, September 11th. WESCO International's payout ratio is presently 13.82%.

WESCO International Profile

WESCO International, Inc is a business-to-business provider of electrical, communications, security, and supply chain solutions. The company distributes products used in electrical and electronic systems, including wire and cable, lighting, circuit protection, automation and control equipment, data communications infrastructure, security products, and other electrical and industrial supplies.

WESCO serves a broad range of customers, including electrical and data communications contractors, industrial companies, original equipment manufacturers, utilities, commercial and institutional businesses, government entities, and telecommunications providers.

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