WESCO International (NYSE:WCC) EVP Sells $1,436,520.00 in Stock

Key Points

• WESCO EVP Akash Khurana sold 4,000 shares on May 6 at an average price of $359.13 for a total of $1,436,520, reducing his stake by 11.5% to 30,775 shares (about $11.05M).
• Shares fell 3.4% to $350.80 on heavy volume, with 728,962 shares traded versus an average of 599,470; the stock trades in a 12‑month range of $160.14–$368.90 and the company has a market cap of roughly $17.1B.
• Company fundamentals remain strong: WESCO beat quarterly EPS ($3.37 vs. $2.88) and revenue ($6.08B vs. $5.86B), set FY2026 EPS guidance of $15.00–$17.00, and raised its quarterly dividend to $0.50.

WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Akash Khurana sold 4,000 shares of the business's stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total value of $1,436,520.00. Following the sale, the executive vice president owned 30,775 shares of the company's stock, valued at $11,052,225.75. The trade was a 11.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

WESCO International Trading Down 3.4%

Shares of NYSE:WCC traded down $12.32 during trading on Thursday, reaching $350.80. 728,962 shares of the stock were exchanged, compared to its average volume of 599,470. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.22 and a current ratio of 2.12. WESCO International, Inc. has a 12-month low of $160.14 and a 12-month high of $368.90. The firm has a market cap of $17.07 billion, a price-to-earnings ratio of 24.93, a price-to-earnings-growth ratio of 2.23 and a beta of 1.54. The firm's 50-day moving average price is $289.81 and its 200 day moving average price is $274.72.

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 (EPS) for the quarter, topping analysts' consensus estimates of $2.88 by $0.49. The business had revenue of $6.08 billion during the quarter, compared to analysts' expectations of $5.86 billion. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The company's revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.21 EPS. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, sell-side analysts anticipate that WESCO International, Inc. will post 15.7 earnings per share for the current fiscal year.

WESCO International Increases Dividend

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

Hedge Funds Weigh In On WESCO International

A number of hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake 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 in the last quarter. Gamco Investors INC. ET AL bought a new position in shares of WESCO International in the 2nd quarter valued at approximately $573,000. California State Teachers Retirement System raised its stake 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 in the last quarter. BNP Paribas Financial Markets raised its stake 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 in the last quarter. Finally, Lazard Asset Management LLC raised its stake 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 in the last quarter. Institutional investors and hedge funds own 93.75% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped 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. Royal Bank Of Canada raised their target price on WESCO International from $352.00 to $411.00 and gave the company an "outperform" rating in a research note on Friday, May 1st. KeyCorp raised their target price on WESCO International from $340.00 to $415.00 and gave the company an "overweight" rating in a research note on Friday, May 1st. Stephens raised their target price on WESCO International from $275.00 to $350.00 and gave the company an "equal weight" rating in a research note on Monday. Finally, Wall Street Zen cut WESCO International from a "buy" rating to a "hold" rating in a research note on Saturday, January 17th. One research 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's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $321.38.

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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