12,083 Shares in WESCO International, Inc. $WCC Bought by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new stake in WESCO International, Inc. (NYSE:WCC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 12,083 shares of the technology company’s stock, valued at approximately $4,174,000. WESCO International comprises approximately 0.3% of GSA Capital Partners LLP’s holdings, making the stock its 23rd largest position.

Several other large investors also recently modified their holdings of WCC. Cornerstone Planning Group LLC increased its position in shares of WESCO International by 92.7% during the fourth quarter. Cornerstone Planning Group LLC now owns 106 shares of the technology company’s stock worth $26,000 after acquiring an additional 51 shares during the last quarter. Brown Brothers Harriman & Co. grew its stake in WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock valued at $28,000 after purchasing an additional 83 shares in the last quarter. Torren Management LLC acquired a new stake in WESCO International during the 4th quarter valued at approximately $32,000. Hilton Head Capital Partners LLC purchased a new stake in WESCO International during the 4th quarter worth approximately $39,000. Finally, Los Angeles Capital Management LLC purchased a new stake in WESCO International during the 4th quarter worth approximately $56,000. 93.75% of the stock is currently owned by institutional investors and hedge funds.

WESCO International Trading Up 0.6%

NYSE:WCC opened at $361.73 on Friday. The company has a market cap of $17.63 billion, a PE ratio of 25.00, a P/E/G ratio of 2.15 and a beta of 1.54. The business’s 50 day moving average is $343.19 and its two-hundred day moving average is $320.52. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 52 week low of $203.40 and a 52 week high of $385.37.

WESCO International (NYSE:WCC) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $4.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.98 by $0.59. The business 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 business’s quarterly revenue was up 13.0% on a year-over-year basis. During the same period in the previous year, the business earned $3.83 EPS. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. On average, analysts predict that WESCO International, Inc. will post 16.82 EPS for the current year.

WESCO International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 12th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, June 12th. This represents a $2.00 annualized dividend and a yield of 0.6%. WESCO International’s payout ratio is presently 13.82%.

Insider Buying and Selling at WESCO International

In other news, Director Laura K. Thompson sold 270 shares of WESCO International stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $368.45, for a total value of $99,481.50. Following the completion of the transaction, the director directly owned 10,720 shares of the company’s stock, valued at approximately $3,949,784. The trade was a 2.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Daniel J. Castillo purchased 960 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was 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 trade represents a 6.26% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

WCC has been the subject of several research analyst reports. Weiss Ratings cut WESCO International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, July 31st. Zacks Research upgraded shares of WESCO International from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. Stephens raised shares of WESCO International from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $350.00 to $400.00 in a report on Tuesday, July 14th. Royal Bank Of Canada increased their price objective on shares of WESCO International from $421.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, KeyCorp raised their price objective on shares of WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, WESCO International currently has an average rating of “Buy” and a consensus target price of $374.29.

WESCO International Company 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.