Insider Selling: WESCO International (NYSE:WCC) CFO Sells 31,951 Shares of Stock

Key Points

• CFO David Schulz sold 31,951 shares at an average price of $360.44 for a total of $11.52 million, reducing his stake by 29.32% to 77,038 shares valued at about $27.77 million.
• Quarterly results beat expectations—EPS $3.37 vs. $2.88 and revenue $6.08 billion vs. $5.86 billion—and the company set FY2026 guidance of $15.00–$17.00 EPS (analysts average 15.7).
• Shares traded down about 3.4% to $350.80 on higher volume, and WESCO raised its quarterly dividend to $0.50 ($2.00 annualized, ~0.6% yield).

WESCO International, Inc. (NYSE:WCC - Get Free Report) CFO David Schulz sold 31,951 shares of the firm's stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $360.44, for a total value of $11,516,418.44. Following the completion of the transaction, the chief financial officer owned 77,038 shares in the company, valued at $27,767,576.72. This represents a 29.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

WESCO International Trading Down 3.4%

Shares of NYSE:WCC traded down $12.32 during midday trading on Thursday, hitting $350.80. The company had a trading volume of 728,962 shares, compared to its average volume of 599,470. WESCO International, Inc. has a 12 month low of $160.14 and a 12 month high of $368.90. The company has a current ratio of 2.12, a quick ratio of 1.22 and a debt-to-equity ratio of 1.13. The stock has a market cap of $17.07 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 2.23 and a beta of 1.54. The firm has a fifty day simple moving average of $289.81 and a 200 day simple moving average of $274.72.

WESCO International (NYSE:WCC - Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, topping the consensus estimate of $2.88 by $0.49. The business had revenue of $6.08 billion for the quarter, compared to the consensus estimate of $5.86 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The firm's revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, analysts predict that WESCO International, Inc. will post 15.7 EPS for the current year.

WESCO International Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend 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 14.21%.

Wall Street Analyst Weigh In

Several analysts recently commented on WCC shares. Stephens raised their price objective on WESCO International from $275.00 to $350.00 and gave the stock an "equal weight" rating in a research note on Monday. JPMorgan Chase & Co. raised their price objective on WESCO International from $260.00 to $290.00 and gave the stock an "overweight" rating in a research note on Friday, January 16th. Wall Street Zen downgraded WESCO International from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. Royal Bank Of Canada raised their price objective on WESCO International from $352.00 to $411.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. Finally, Barclays increased their target price on WESCO International from $313.00 to $375.00 and gave the stock an "overweight" rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $321.38.

Institutional Investors Weigh In On WESCO International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its position in WESCO International by 10.3% during the 1st quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company's stock worth $248,303,000 after buying an additional 84,905 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of WESCO International by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 864,237 shares of the technology company's stock valued at $211,473,000 after acquiring an additional 14,739 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of WESCO International by 19.5% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 686,630 shares of the technology company's stock valued at $145,222,000 after acquiring an additional 111,930 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of WESCO International by 8.4% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 404,730 shares of the technology company's stock valued at $110,742,000 after acquiring an additional 31,210 shares in the last quarter. Finally, Davis Selected Advisers grew 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 acquiring an additional 71,932 shares in the last quarter. 93.75% of the stock is owned by institutional investors.

About WESCO International

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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