WESCO International (NYSE:WCC) EVP Sells $998,972.80 in Stock

Key Points

• WESCO International EVP Hemant Porwal sold 2,770 shares on May 6 at an average price of $360.64, totaling about $999,000. After the sale, he still owned 16,618 shares, reducing his position by 14.29%.
• The company posted strong quarterly results, with EPS of $3.37 beating estimates by $0.49 and revenue of $6.08 billion topping expectations. Revenue rose 13.8% year over year, and management raised FY 2026 guidance to $15.00–$17.00 EPS.
• Analysts remain broadly positive on WESCO, with several recently raising price targets or upgrading ratings. MarketBeat data shows an average rating of “Buy” and an average price target of $321.38.

WESCO International, Inc. (NYSE:WCC - Get Free Report) EVP Hemant Porwal sold 2,770 shares of the stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $360.64, for a total value of $998,972.80. Following the completion of the transaction, the executive vice president directly owned 16,618 shares of the company's stock, valued at $5,993,115.52. This represents a 14.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

WESCO International Price Performance

Shares of WCC traded up $5.04 during mid-day trading on Friday, reaching $355.92. The stock had a trading volume of 644,348 shares, compared to its average volume of 600,062. The business has a fifty day moving average of $290.91 and a 200 day moving average of $275.69. WESCO International, Inc. has a 12 month low of $160.70 and a 12 month high of $368.90. The firm has a market cap of $17.32 billion, a price-to-earnings ratio of 25.30, a PEG ratio of 2.31 and a beta of 1.54. 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 (NYSE:WCC - Get Free Report) last released 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. WESCO International had a return on equity of 13.82% and a net margin of 2.79%.The company had revenue of $6.08 billion for the quarter, compared to the consensus estimate of $5.86 billion. During the same period last year, the business posted $2.21 EPS. WESCO International's quarterly revenue was up 13.8% on a year-over-year basis. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Equities analysts predict that WESCO International, Inc. will post 15.7 EPS for the current year.

WESCO International Increases Dividend

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

WESCO International News Summary

Here are the key news stories impacting WESCO International this week:

• Positive Sentiment: WESCO recently raised FY 2026 guidance and cited stronger data-center demand, which helped fuel a sharp rally and suggests continued earnings momentum. Why WESCO International (WCC) Is Up 19.0% After Raising 2026 Guidance On Data Center Demand
• Positive Sentiment: The company beat quarterly expectations on both revenue and EPS, and management’s FY 2026 EPS guidance of $15.00–$17.00 reinforces a stronger fundamental outlook.
• Positive Sentiment: Several analysts have recently raised price targets or maintained constructive ratings, adding support to the bullish case for the stock.

Institutional Investors Weigh In On WESCO International

A number of institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC grew its stake in shares of WESCO International by 172.5% in the 3rd quarter. SG Americas Securities LLC now owns 10,742 shares of the technology company's stock worth $2,272,000 after purchasing an additional 6,800 shares during the last quarter. Rhumbline Advisers boosted its position in shares of WESCO International by 4.9% during the 3rd quarter. Rhumbline Advisers now owns 127,991 shares of the technology company's stock valued at $27,070,000 after acquiring an additional 5,961 shares in the last quarter. Impax Asset Management Group plc acquired a new position in WESCO International during the 3rd quarter worth about $1,082,000. Handelsbanken Fonder AB lifted its stake in shares of WESCO International by 10.4% in the 3rd quarter. Handelsbanken Fonder AB now owns 194,893 shares of the technology company's stock valued at $41,220,000 after purchasing an additional 18,377 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in WESCO International during the 3rd quarter worth approximately $416,000. 93.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WCC has been the subject of a number of research analyst reports. Wall Street Zen cut WESCO International from a "buy" rating to a "hold" rating in a report on Saturday, January 17th. Weiss Ratings upgraded shares of WESCO International from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday. Royal Bank Of Canada lifted their price objective on shares of WESCO International from $352.00 to $411.00 and gave the stock an "outperform" rating in a research note on Friday, May 1st. 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 report on Friday, January 16th. Finally, Stephens boosted their price objective on shares of WESCO International from $275.00 to $350.00 and gave the company an "equal weight" 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 company's stock. According to data from MarketBeat.com, WESCO International currently has an average rating of "Buy" and an average price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.