VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 5,680 Shares of WESCO International, Inc. $WCC

VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in WESCO International, Inc. (NYSE:WCC) by 37.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 20,724 shares of the technology company’s stock after acquiring an additional 5,680 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in WESCO International were worth $7,452,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of WESCO International during the second quarter worth $3,094,634,000. Bank of New York Mellon Corp lifted its position in WESCO International by 10.3% in the 1st quarter. Bank of New York Mellon Corp now owns 907,473 shares of the technology company’s stock valued at $248,303,000 after acquiring an additional 84,905 shares in the last quarter. Bank of America Corp DE bought a new stake in WESCO International in the 2nd quarter valued at $296,304,000. Alyeska Investment Group L.P. boosted its stake in WESCO International by 16.2% in the 2nd quarter. Alyeska Investment Group L.P. now owns 653,591 shares of the technology company’s stock worth $225,770,000 after purchasing an additional 91,321 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC acquired a new position in WESCO International in the 2nd quarter worth $175,189,000. Institutional investors and hedge funds own 93.75% of the company’s stock.

WESCO International Stock Performance

Shares of WCC stock opened at $343.48 on Friday. The company’s fifty day simple moving average is $350.61 and its 200-day simple moving average is $327.01. The company has a quick ratio of 1.23, a current ratio of 2.01 and a debt-to-equity ratio of 1.10. The firm has a market cap of $16.74 billion, a PE ratio of 21.32, a P/E/G ratio of 1.88 and a beta of 1.54. WESCO International, Inc. has a 12 month low of $240.55 and a 12 month high of $388.64.

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

WESCO International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Friday, September 11th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, September 11th. WESCO International’s dividend payout ratio is currently 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

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on WCC shares. Weiss Ratings cut WESCO International from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. Royal Bank Of Canada lifted their price target on WESCO International from $435.00 to $450.00 and gave the company an “outperform” rating in a research note on Friday. Wall Street Zen upgraded WESCO International from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Barclays upped their price objective on WESCO International from $390.00 to $437.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. Finally, Zacks Research downgraded WESCO International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 19th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, WESCO International has a consensus rating of “Moderate Buy” and an average price target of $405.33.

Insider Transactions at WESCO International

In other news, Director Laura Thompson sold 270 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total value of $99,481.50. Following the completion of the transaction, the director owned 10,720 shares in the company, valued at $3,949,784. This trade represents a 2.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Akash Khurana sold 3,400 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $366.78, for a total value of $1,247,052.00. Following the completion of the transaction, the executive vice president owned 27,404 shares of the company’s stock, valued at $10,051,239.12. The trade was a 11.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 2.60% of the company’s stock.

About WESCO International

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.