WESCO International, Inc. $WCC Shares Sold by Hennessy Advisors Inc.

Hennessy Advisors Inc. cut its position in shares of WESCO International, Inc. (NYSE:WCC) by 9.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,200 shares of the technology company’s stock after selling 2,400 shares during the quarter. Hennessy Advisors Inc.’s holdings in WESCO International were worth $8,702,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bell Investment Advisors Inc purchased a new position in WESCO International during the 2nd quarter valued at about $26,000. Transamerica Financial Advisors LLC acquired a new position in WESCO International during the second quarter valued at approximately $27,000. Burkett Financial Services LLC bought a new position in WESCO International in the 3rd quarter worth $32,000. Reyes Financial Architecture Inc. bought a new stake in WESCO International during the third quarter valued at about $35,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of WESCO International in the second quarter valued at about $36,000. Institutional investors and hedge funds own 93.75% of the company’s stock.

Insider Buying and Selling

In related news, EVP Akash Khurana sold 3,400 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $366.78, for a total transaction of $1,247,052.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Daniel J. Castillo purchased 960 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average cost of $365.89 per share, with a total value of $351,254.40. Following the completion of the acquisition, the executive vice president directly owned 16,305 shares in the company, valued at approximately $5,965,836.45. This represents a 6.26% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on WCC shares. Royal Bank Of Canada upped their price target on WESCO International from $435.00 to $450.00 and gave the stock an “outperform” rating in a report on Friday. Barclays raised their price target on shares of WESCO International from $390.00 to $437.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. Zacks Research downgraded shares of WESCO International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Stephens raised shares of WESCO International from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $350.00 to $400.00 in a research report on Tuesday, July 14th. Finally, Wall Street Zen raised WESCO International from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Seven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $405.33.

WESCO International Stock Up 0.1%

Shares of NYSE WCC opened at $343.48 on Monday. The stock has a market cap of $16.74 billion, a PE ratio of 21.32, a PEG ratio of 1.88 and a beta of 1.55. The business has a fifty day moving average of $350.61 and a two-hundred day moving average of $327.01. WESCO International, Inc. has a 52-week low of $240.55 and a 52-week high of $388.64. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.19 and a current ratio of 2.01.

WESCO International (NYSE:WCC) last announced its quarterly earnings results on Thursday, October 29th. The technology company reported $5.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.69 by $1.08. The firm had revenue of $7.23 billion during the quarter, compared to the consensus estimate of $6.87 billion. WESCO International had a net margin of 3.04% and a return on equity of 16.27%. The firm’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period last year, the firm posted $3.92 EPS. As a group, equities research analysts expect that WESCO International, Inc. will post 18.25 earnings per share for the current fiscal year.

WESCO International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 11th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, September 11th. WESCO International’s payout ratio is presently 12.41%.

Key Headlines Impacting WESCO International

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

• Positive Sentiment: RBC raised its price target to $450 and reiterated an “outperform” rating, implying approximately 31% upside from the referenced price. The higher target reflects increased confidence in WESCO’s earnings and growth prospects.
• Positive Sentiment: WESCO posted record third-quarter results. Revenue rose 16.6% year over year to $7.23 billion, while adjusted diluted EPS reached a record $5.77, well above the $4.69 consensus estimate. Reported diluted EPS was $5.43, compared with $3.92 a year earlier. WESCO International Reports Record Third Quarter 2026 Results
• Positive Sentiment: Data-center demand was a major growth driver. Data-center sales increased approximately 55% to $1.8 billion, while total backlog expanded about 80% year over year. This supports expectations for continued demand tied to data-center infrastructure and related supply-chain spending. Wesco International Tops Q3 2026 Estimates on Data Center Surge
• Positive Sentiment: Profitability and cash generation improved. Operating margin increased to 6.2%, adjusted EBITDA margin reached 7.8%, operating cash flow was $194 million, and financial leverage declined to 2.8 times from 3.4 times at 2025 year-end.
• Positive Sentiment: Management raised full-year 2026 earnings guidance and issued fourth-quarter guidance, citing record sales, profitability and backlog. The improved outlook reinforces the company’s positive operating momentum. Wesco Raises 2026 Guidance

WESCO International Company Profile

WESCO International, Inc is a business-to-business provider of electrical, communications, security, and supply chain solutions. The company distributes products used in electrical and electronic systems, including wire and cable, lighting, circuit protection, automation and control equipment, data communications infrastructure, security products, and other electrical and industrial supplies.

WESCO serves a broad range of customers, including electrical and data communications contractors, industrial companies, original equipment manufacturers, utilities, commercial and institutional businesses, government entities, and telecommunications providers.