Insider Buying: WESCO International (NYSE:WCC) EVP Acquires 1,400 Shares of Stock

Key Points

• Insider buy: EVP Daniel Castillo purchased 1,400 shares at an average price of $266.06 on March 31 for $372,484, increasing his stake to 15,300 shares (a 10.07% rise).
• Dividend hike: WESCO raised its quarterly dividend to $0.50 (from $0.45), an annualized $2.00 payout with a 0.7% yield and a 15.31% payout ratio.
• WESCO missed Q4 EPS estimates with $3.40 but revenue was up 10.3% y/y; management set FY2026 guidance of 14.50–16.50 EPS and analysts have an average "Buy" rating with a $276 price target.

WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Daniel Castillo bought 1,400 shares of the business's stock in a transaction dated Tuesday, March 31st. The shares were bought at an average cost 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. The trade was a 10.07% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

WESCO International Trading Down 1.9%

WCC traded down $5.38 during trading on Thursday, reaching $277.08. The company had a trading volume of 453,102 shares, compared to its average volume of 595,789. 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 business has a 50 day simple moving average of $283.61 and a 200-day simple moving average of $258.85. The stock has a market cap of $13.48 billion, a P/E ratio of 21.22, a PEG ratio of 1.76 and a beta of 1.45. WESCO International, Inc. has a 52 week low of $125.21 and a 52 week high of $319.67.

WESCO International (NYSE:WCC - Get Free Report) last posted its quarterly earnings data 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 the consensus estimate of $6.03 billion. WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The company's revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $3.16 EPS. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. On average, equities analysts anticipate that WESCO International, Inc. will post 13.3 EPS for the current fiscal year.

WESCO International Increases Dividend

The company also recently disclosed 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 an increase 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 yield of 0.7%. WESCO International's dividend payout ratio is currently 15.31%.

Wall Street Analyst Weigh In

WCC has been the subject of several recent analyst reports. Weiss Ratings upgraded WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, March 20th. JPMorgan Chase & Co. increased their price target on WESCO International from $260.00 to $290.00 and gave the stock an "overweight" rating in a report on Friday, January 16th. Barclays raised 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. Wall Street Zen downgraded WESCO International from a "buy" rating to a "hold" rating in a research report on Saturday, January 17th. Finally, KeyCorp set a $340.00 target price on WESCO International in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $276.00.

Hedge Funds Weigh In On WESCO International

A number of hedge funds and other institutional investors have recently modified their holdings of WCC. Cornerstone Planning Group LLC raised its stake in WESCO International by 92.7% in the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company's stock worth $26,000 after buying an additional 51 shares in the last quarter. Torren Management LLC bought a new stake in WESCO International during the 4th quarter valued at $32,000. Brown Brothers Harriman & Co. boosted its position in WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company's stock valued at $28,000 after acquiring an additional 83 shares in the last quarter. Rothschild Investment LLC increased its holdings in shares of WESCO International by 788.2% in the 3rd quarter. Rothschild Investment LLC now owns 151 shares of the technology company's stock valued at $32,000 after acquiring an additional 134 shares during the period. Finally, Hilton Head Capital Partners LLC purchased a new position in shares of WESCO International in the 4th quarter valued at $39,000. 93.75% of the stock is currently owned by institutional investors.

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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