LSV Asset Management Cuts Stock Position in WESCO International, Inc. $WCC

LSV Asset Management trimmed its position in WESCO International, Inc. (NYSE:WCC) by 10.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,940 shares of the technology company’s stock after selling 16,500 shares during the period. LSV Asset Management owned approximately 0.29% of WESCO International worth $29,597,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WCC. Root Financial Partners LLC acquired a new stake in shares of WESCO International in the 3rd quarter worth $37,000. First Horizon Advisors Inc. lifted its position in WESCO International by 129.7% in the second quarter. First Horizon Advisors Inc. now owns 232 shares of the technology company’s stock valued at $43,000 after purchasing an additional 131 shares during the period. GAMMA Investing LLC lifted its position in WESCO International by 33.0% in the third quarter. GAMMA Investing LLC now owns 589 shares of the technology company’s stock valued at $125,000 after purchasing an additional 146 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in 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 purchasing an additional 368 shares in the last quarter. Finally, Transcend Capital Advisors LLC acquired a new position in WESCO International during the 3rd quarter worth approximately $204,000. 93.75% of the stock is owned by institutional investors and hedge funds.

WESCO International Trading Up 3.9%

NYSE:WCC opened at $307.31 on Friday. WESCO International, Inc. has a 52-week low of $125.21 and a 52-week high of $319.67. The company has a quick ratio of 1.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.15. The stock has a fifty day simple moving average of $274.72 and a 200-day simple moving average of $244.12. The company has a market capitalization of $14.95 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 1.90 and a beta of 1.45.

WESCO International (NYSE:WCC) last posted its earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share for the quarter, missing the consensus estimate of $3.82 by ($0.42). WESCO International had a net margin of 2.72% and a return on equity of 13.00%. The business had revenue of $6.07 billion for the quarter, compared to analysts’ expectations of $6.03 billion. During the same quarter last year, the business posted $3.16 earnings per share. The business’s revenue was up 10.3% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. On average, equities research analysts expect that WESCO International, Inc. will post 13.3 earnings per share for the current fiscal year.

WESCO International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.4538 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.82 dividend on an annualized basis and a yield of 0.6%. WESCO International’s dividend payout ratio is presently 13.94%.

Analyst Ratings Changes

WCC has been the subject of several recent analyst reports. Barclays raised their price target on WESCO International from $302.00 to $313.00 and gave the company an “overweight” rating in a report on Thursday. Wall Street Zen downgraded WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. KeyCorp set a $340.00 target price on shares of WESCO International in a research report on Wednesday. JPMorgan Chase & Co. upped their price target on shares of WESCO International from $260.00 to $290.00 and gave the stock an “overweight” rating in a research note on Friday, January 16th. Finally, Royal Bank Of Canada raised their price objective on shares of WESCO International from $316.00 to $335.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $276.00.

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.