WESCO International, Inc. $WCC Stock: Guyasuta Investment Advisors Inc. Reduces Stake

Guyasuta Investment Advisors Inc. trimmed its position in shares of WESCO International, Inc. (NYSE:WCC) by 1.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 107,218 shares of the technology company’s stock after selling 1,491 shares during the quarter. WESCO International makes up 2.3% of Guyasuta Investment Advisors Inc.’s holdings, making the stock its 13th biggest holding. Guyasuta Investment Advisors Inc.’s holdings in WESCO International were worth $38,555,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in WCC. Trust Point Inc. increased its stake in shares of WESCO International by 4.5% in the second quarter. Trust Point Inc. now owns 771 shares of the technology company’s stock valued at $266,000 after buying an additional 33 shares during the period. Sheets Smith Wealth Management raised its holdings in WESCO International by 2.2% in the 2nd quarter. Sheets Smith Wealth Management now owns 1,565 shares of the technology company’s stock valued at $541,000 after buying an additional 34 shares during the last quarter. Fragasso Financial Advisors Inc raised its holdings in WESCO International by 2.7% in the 3rd quarter. Fragasso Financial Advisors Inc now owns 1,603 shares of the technology company’s stock valued at $586,000 after buying an additional 42 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in WESCO International by 70.3% in the 3rd quarter. Elevation Wealth Partners LLC now owns 109 shares of the technology company’s stock valued at $39,000 after buying an additional 45 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in WESCO International by 2.4% in the 1st quarter. Bessemer Group Inc. now owns 2,214 shares of the technology company’s stock valued at $606,000 after buying an additional 51 shares during the last quarter. 93.75% of the stock is currently owned by institutional investors.

WESCO International Trading Down 1.2%

NYSE WCC opened at $347.23 on Friday. The firm has a market capitalization of $16.92 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 2.10 and a beta of 1.54. The business’s 50-day moving average price is $354.55 and its two-hundred day moving average price is $342.18. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 12 month low of $211.47 and a 12 month high of $388.64.

WESCO International (NYSE:WCC) last issued its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.98 by $0.59. The company had revenue of $6.67 billion during the quarter, compared to the consensus estimate of $6.44 billion. WESCO International had a return on equity of 14.95% and a net margin of 2.84%. The firm’s revenue was up 13.0% compared to the same quarter last year. During the same period last year, the company earned $3.83 earnings per share. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. On average, analysts expect that WESCO International, Inc. will post 16.77 EPS for the current year.

WESCO International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Friday, September 11th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, September 11th. This represents a $2.00 annualized dividend and a yield of 0.6%. WESCO International’s dividend payout ratio (DPR) is presently 13.82%.

Insiders Place Their Bets

In other news, EVP Akash Khurana sold 3,400 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following the completion of the sale, the executive vice president directly owned 27,404 shares in the company, valued at $10,051,239.12. This represents a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Daniel J. Castillo bought 960 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were purchased at an average cost of $365.89 per share, with a total value of $351,254.40. Following the purchase, the executive vice president directly owned 16,305 shares of the company’s stock, valued at $5,965,836.45. The trade was a 6.26% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 2.60% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of WESCO International from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded shares of WESCO International from a “hold (c+)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Barclays raised their price target on shares of WESCO International from $390.00 to $437.00 and gave the company an “overweight” rating in a research note on Monday. Stephens upgraded shares of WESCO International from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $350.00 to $400.00 in a report on Tuesday, July 14th. Finally, Royal Bank Of Canada lifted their price target on shares of WESCO International from $430.00 to $435.00 and gave the stock an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. Based on data from MarketBeat.com, WESCO International presently has a consensus rating of “Buy” and a consensus price target of $402.83.

WESCO International Profile

WESCO International, Inc is a global provider of electrical, communications, utility and supply chain solutions. Through its distribution and service operations, the company supplies products used in commercial, industrial, institutional, utility, data center, broadband and residential markets.

Its product offerings include electrical and electronic components, wire and cable, lighting and controls, network infrastructure, security and safety products, automation equipment, and general industrial supplies.