Representative Thomas H. Kean, Jr. (R-New Jersey) recently sold shares of WESCO International, Inc. NYSE: WCC. In a filing disclosed on July 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in WESCO International stock on June 23rd. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.
Representative Thomas H. Kean, Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 6/30/2025.
- Sold $15,001 - $50,000 in shares of Stryker NYSE: SYK on 6/26/2025.
- Purchased $1,001 - $15,000 in shares of Danaher NYSE: DHR on 6/11/2025.
- Purchased $1,001 - $15,000 in shares of AON NYSE: AON on 5/27/2025.
- Purchased $1,001 - $15,000 in shares of Becton, Dickinson and Company NYSE: BDX on 5/13/2025.
- Sold $1,001 - $15,000 in shares of Crown NYSE: CCK on 5/8/2025.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 5/8/2025.
- Purchased $1,001 - $15,000 in shares of Thermo Fisher Scientific NYSE: TMO on 5/5/2025.
- Sold $1,001 - $15,000 in shares of Franklin Resources NYSE: BEN on 4/28/2025.
- Purchased $1,001 - $15,000 in shares of Analog Devices NASDAQ: ADI on 4/24/2025.
WESCO International Stock Performance
Shares of WCC traded up $2.92 during trading hours on Friday, hitting $214.67. The company had a trading volume of 652,243 shares, compared to its average volume of 607,620. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 1.66 and a beta of 1.83. The business has a fifty day moving average of $184.47 and a 200-day moving average of $175.12. WESCO International, Inc. has a 12 month low of $125.21 and a 12 month high of $216.17. The company has a quick ratio of 1.23, a current ratio of 2.15 and a debt-to-equity ratio of 1.02.
WESCO International (NYSE:WCC - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.27 billion. WESCO International had a net margin of 3.30% and a return on equity of 13.40%. WESCO International's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the company earned $2.30 earnings per share. Equities analysts anticipate that WESCO International, Inc. will post 13.3 EPS for the current fiscal year.
WESCO International Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $0.4538 per share. This represents a $1.82 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend was Friday, June 13th. WESCO International's dividend payout ratio (DPR) is currently 13.77%.
Insider Transactions at WESCO International
In related news, EVP Christine Ann Wolf sold 3,106 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $177.14, for a total value of $550,196.84. Following the completion of the transaction, the executive vice president owned 30,181 shares in the company, valued at $5,346,262.34. This trade represents a 9.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.30% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On WESCO International
A number of large investors have recently bought and sold shares of the company. Whittier Trust Co. lifted its holdings in shares of WESCO International by 46.8% in the first quarter. Whittier Trust Co. now owns 279 shares of the technology company's stock worth $43,000 after acquiring an additional 89 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of WESCO International by 43.5% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 267 shares of the technology company's stock worth $48,000 after acquiring an additional 81 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of WESCO International by 21.1% in the first quarter. Parallel Advisors LLC now owns 447 shares of the technology company's stock worth $69,000 after acquiring an additional 78 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of WESCO International by 27.7% in the first quarter. GAMMA Investing LLC now owns 479 shares of the technology company's stock worth $74,000 after acquiring an additional 104 shares during the last quarter. Finally, Millstone Evans Group LLC bought a new position in shares of WESCO International in the fourth quarter worth about $122,000. 93.76% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on WCC. KeyCorp increased their price objective on shares of WESCO International from $180.00 to $210.00 and gave the company an "overweight" rating in a research report on Friday, June 13th. Oppenheimer decreased their price target on shares of WESCO International from $225.00 to $195.00 and set an "outperform" rating on the stock in a research note on Monday, May 5th. JPMorgan Chase & Co. decreased their price target on shares of WESCO International from $210.00 to $180.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 27th. Stephens downgraded shares of WESCO International from an "overweight" rating to an "equal weight" rating and upped their price target for the company from $190.00 to $200.00 in a research note on Wednesday, July 16th. Finally, Loop Capital decreased their price target on shares of WESCO International from $250.00 to $220.00 and set a "buy" rating on the stock in a research note on Monday, May 12th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, WESCO International currently has an average rating of "Moderate Buy" and an average target price of $210.75.
View Our Latest Analysis on WESCO International
About Representative Kean
Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election.
Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.
About WESCO International
(
Get Free Report)
WESCO International, Inc provides business-to-business distribution, logistics services, and supply chain solutions in the United States, Canada, and internationally. It operates through three segments: Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility and Broadband Solutions (UBS).
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