Danske Bank A S Acquires Shares of 17,793 WESCO International, Inc. $WCC

Danske Bank A S bought a new position in shares of WESCO International, Inc. (NYSE:WCC) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 17,793 shares of the technology company’s stock, valued at approximately $6,146,000.

A number of other large investors have also modified their holdings of WCC. EverSource Wealth Advisors LLC boosted its position in WESCO International by 95.6% during the second quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock worth $139,000 after acquiring an additional 368 shares during the last quarter. Gamco Investors INC. ET AL purchased a new position in WESCO International in the 2nd quarter worth approximately $573,000. California State Teachers Retirement System boosted its holdings in shares of WESCO International by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 45,604 shares of the technology company’s stock worth $8,446,000 after purchasing an additional 365 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of WESCO International by 516.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 41,354 shares of the technology company’s stock worth $7,659,000 after purchasing an additional 34,649 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of WESCO International by 1.4% in the second quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock valued at $740,000 after purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 93.75% of the company’s stock.

Key WESCO International News

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

• Positive Sentiment: Zacks raises earnings forecasts: Zacks Research increased its EPS estimates across multiple periods, including fiscal 2026 to $16.50 from $15.69, fiscal 2027 to $18.58 from $17.63, and fiscal 2028 to $21.24 from $20.37. Quarterly estimates were also raised, with Q3 2026 EPS lifted to $4.45 and Q4 2026 EPS to $4.11. The revisions indicate improving expectations for WESCO’s earnings growth. Zacks maintains a “Strong Buy” rating. Zacks Best Value Stocks article
• Positive Sentiment: Longer-term growth expectations improved: Zacks raised estimates for Q1 and Q2 2027, Q3 and Q4 2027, and Q1 and Q2 2028. The higher forecasts point to an expectation that recent operating momentum can continue beyond the current year, potentially supporting WCC’s valuation.
• Positive Sentiment: Recent fundamentals remain strong: WESCO’s latest quarterly results exceeded expectations, with EPS of $4.57 versus the $3.98 consensus estimate and revenue of $6.67 billion versus $6.44 billion. Revenue increased 13% year over year, while the company’s fiscal 2026 guidance remains $16.00-$17.50 per share.
• Positive Sentiment: Analyst and institutional support: Recent analyst actions included higher price targets from Barclays and RBC, while hedge funds and other institutions own approximately 93.75% of WCC shares. New or increased positions by large investors may reinforce market confidence.
• Neutral Sentiment: Dividend provides modest income: WESCO pays a quarterly dividend of $0.50, or $2.00 annualized, representing a yield of about 0.6%. The low payout ratio leaves room for reinvestment but makes the dividend a relatively minor stock-price driver.
• Negative Sentiment: Executive insider sale: EVP Akash Khurana sold 3,400 shares for approximately $1.25 million, reducing his holdings by 11.04%. The transaction could weigh modestly on sentiment, although a single insider sale does not necessarily signal deteriorating business prospects. WESCO insider sale article

Insider Activity

In related news, EVP Akash Khurana sold 3,400 shares of WESCO International stock in a transaction that occurred on 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 sale, the executive vice president owned 27,404 shares in the company, valued at approximately $10,051,239.12. This trade represents a 11.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Daniel J. Castillo bought 960 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was purchased at an average cost of $365.89 per share, for a total transaction of $351,254.40. Following the transaction, the executive vice president owned 16,305 shares of the company’s stock, valued at $5,965,836.45. This trade represents a 6.26% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 2.60% of the company’s stock.

WESCO International Price Performance

WCC stock opened at $348.92 on Friday. WESCO International, Inc. has a 52-week low of $203.40 and a 52-week high of $385.37. The company has a quick ratio of 1.23, a current ratio of 2.09 and a debt-to-equity ratio of 1.13. The stock has a market cap of $17.00 billion, a price-to-earnings ratio of 24.11, a price-to-earnings-growth ratio of 2.02 and a beta of 1.54. The business has a fifty day moving average of $343.56 and a two-hundred day moving average of $322.64.

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

WESCO International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, June 12th were given a dividend of $0.50 per share. The ex-dividend date was Friday, June 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. WESCO International’s dividend payout ratio (DPR) is currently 13.82%.

Analyst Upgrades and Downgrades

Several research firms recently commented on WCC. Zacks Research raised WESCO International from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Stephens upgraded WESCO International from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $350.00 to $400.00 in a report on Tuesday, July 14th. Weiss Ratings raised WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Wall Street Zen lowered WESCO International from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, KeyCorp lifted their price target on WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $374.29.

WESCO International 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.