LSV Asset Management Reduces Stake in WESCO International, Inc. $WCC

LSV Asset Management lowered its holdings in WESCO International, Inc. (NYSE:WCC) by 28.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 100,600 shares of the technology company’s stock after selling 39,340 shares during the quarter. LSV Asset Management’s holdings in WESCO International were worth $24,611,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of WCC. Cornerstone Planning Group LLC lifted its holdings in WESCO International by 92.7% in the 4th quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after buying an additional 51 shares during the period. Brown Brothers Harriman & Co. raised its position in shares of WESCO International by 166.0% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after acquiring an additional 83 shares in the last quarter. Rothschild Investment LLC raised its position in shares of WESCO International by 788.2% in the 3rd quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock worth $32,000 after acquiring an additional 134 shares in the last quarter. Torren Management LLC bought a new position in shares of WESCO International in the 4th quarter worth approximately $32,000. Finally, Root Financial Partners LLC bought a new position in shares of WESCO International in the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 93.75% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on WCC shares. Stephens increased their target price on WESCO International from $275.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Royal Bank Of Canada increased their target price on WESCO International from $352.00 to $411.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Barclays increased their target price on WESCO International from $313.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Weiss Ratings raised WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, KeyCorp increased their target price on WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One 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 currently has an average rating of “Buy” and an average price target of $321.38.

Insider Buying and Selling at WESCO International

In other WESCO International news, EVP Christine Ann Wolf sold 2,549 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $355.25, for a total transaction of $905,532.25. Following the sale, the executive vice president directly owned 29,570 shares in the company, valued at approximately $10,504,742.50. This trade represents a 7.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Akash Khurana sold 4,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were 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 in the company, valued at approximately $11,052,225.75. This represents a 11.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 144,486 shares of company stock worth $51,846,641. Insiders own 2.60% of the company’s stock.

WESCO International Stock Performance

Shares of WCC opened at $362.97 on Monday. The business’s fifty day simple moving average is $307.42 and its two-hundred day simple moving average is $285.42. The company has a current ratio of 2.12, a quick ratio of 1.22 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 12 month low of $161.70 and a 12 month high of $374.00. The company has a market cap of $17.68 billion, a price-to-earnings ratio of 25.80, a P/E/G ratio of 2.28 and a beta of 1.54.

WESCO International (NYSE:WCC) last issued its earnings results on Thursday, April 30th. The technology company reported $3.37 EPS for the quarter, beating 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 business 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. The company’s revenue was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. Research analysts anticipate that WESCO International, Inc. will post 15.94 earnings per share for the current fiscal year.

WESCO International Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, March 13th. This represents a $2.00 annualized dividend and a yield of 0.6%. This is a positive change from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s dividend payout ratio (DPR) is 14.21%.

WESCO International 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.