WESCO International (NYSE:WCC) Director James Louis Singleton Sells 2,000 Shares

Key Points

• Insider sale: Director James Louis Singleton sold 2,000 shares on May 5 at an average price of $353.37 for proceeds of $706,740, trimming his stake by 5.04% to 37,645 shares (disclosed in an SEC filing).
• Strong quarter and guidance: WESCO beat Q1 expectations with EPS of $3.37 (vs. $2.88) and revenue of $6.08B (vs. $5.86B), and set FY2026 guidance of 15.00–17.00 EPS (analysts' average forecast ~15.7).
• Dividend and market positioning: The company raised its quarterly dividend to $0.50 ($2.00 annualized, 0.6% yield) and has high institutional ownership (93.75%) alongside a consensus analyst rating of Buy with an average price target of $321.38.

WESCO International, Inc. (NYSE:WCC - Get Free Report) Director James Louis Singleton sold 2,000 shares of the company's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $353.37, for a total transaction of $706,740.00. Following the completion of the transaction, the director directly owned 37,645 shares of the company's stock, valued at $13,302,613.65. This represents a 5.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.

WESCO International Price Performance

WESCO International stock traded down $12.32 during mid-day trading on Thursday, hitting $350.80. The stock had a trading volume of 728,962 shares, compared to its average volume of 599,470. The firm has a market capitalization of $17.07 billion, a P/E ratio of 24.93, a P/E/G ratio of 2.23 and a beta of 1.54. 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 firm's 50 day moving average is $289.81 and its 200 day moving average is $274.72. WESCO International, Inc. has a one year low of $160.14 and a one year high of $368.90.

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

WESCO International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.00 annualized dividend and a yield of 0.6%. This is an increase from WESCO International's previous quarterly dividend of $0.45. WESCO International's payout ratio is currently 14.21%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WCC. EverSource Wealth Advisors LLC lifted its holdings in shares of WESCO International by 95.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company's stock valued at $139,000 after acquiring an additional 368 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in shares of WESCO International in the 2nd quarter valued at about $573,000. California State Teachers Retirement System lifted its holdings in shares of WESCO International by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company's stock valued at $8,446,000 after acquiring an additional 365 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of WESCO International by 516.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company's stock valued at $7,659,000 after acquiring an additional 34,649 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in shares of WESCO International by 1.4% in the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company's stock valued at $740,000 after acquiring an additional 54 shares during the last quarter. Institutional investors own 93.75% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped 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. KeyCorp increased their price objective on shares of WESCO International from $340.00 to $415.00 and gave the company an "overweight" rating in a report on Friday, May 1st. Wall Street Zen downgraded shares of WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Royal Bank Of Canada increased their price objective on shares of WESCO International from $352.00 to $411.00 and gave the company an "outperform" rating in a report on Friday, May 1st. Finally, Barclays increased their price objective on shares of WESCO International from $313.00 to $375.00 and gave the company 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 given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $321.38.

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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