Heartland Advisors Inc. Makes New $7.42 Million Investment in WESCO International, Inc. $WCC

Heartland Advisors Inc. purchased a new stake in shares of WESCO International, Inc. (NYSE:WCC) in the second quarter, according to its most recent filing with the SEC. The firm purchased 21,481 shares of the technology company’s stock, valued at approximately $7,420,000.

Several other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new position in WESCO International during the second quarter worth $1,121,000. PCM Encore LLC purchased a new position in shares of WESCO International in the second quarter valued at $269,000. Vise Technologies Inc. purchased a new stake in shares of WESCO International in the 2nd quarter worth about $1,055,000. Tocqueville Asset Management L.P. acquired a new stake in WESCO International in the 2nd quarter valued at about $656,000. Finally, Denali Advisors LLC purchased a new position in WESCO International during the 2nd quarter valued at about $208,000. 93.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WCC has been the subject of a number of research reports. DA Davidson began coverage on shares of WESCO International in a research report on Tuesday, June 16th. They set a “buy” rating and a $440.00 target price for the company. KeyCorp increased their price target on shares of WESCO International from $340.00 to $415.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Zacks Research raised shares of WESCO International from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. Royal Bank Of Canada lifted their price objective on WESCO International from $421.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, Stephens raised 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 research note on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $374.29.

WESCO International Stock Up 3.2%

WCC opened at $348.92 on Friday. The firm has a market cap of $17.00 billion, a P/E ratio of 24.11, a PEG ratio of 2.08 and a beta of 1.54. The business’s fifty day simple moving average is $343.56 and its 200 day simple moving average is $322.64. 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.

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

WESCO International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, June 12th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, June 12th. WESCO International’s payout ratio is currently 13.82%.

Insider Activity at WESCO International

In other news, EVP Daniel J. Castillo acquired 960 shares of WESCO International stock in a transaction that occurred on Tuesday, August 4th. The shares were acquired at an average price of $365.89 per share, with a total value of $351,254.40. Following the completion of the purchase, the executive vice president owned 16,305 shares of the company’s stock, valued at approximately $5,965,836.45. This represents a 6.26% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Laura K. Thompson sold 270 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $368.45, for a total transaction of $99,481.50. Following the sale, the director owned 10,720 shares in the company, valued at approximately $3,949,784. This trade represents a 2.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.60% of the company’s stock.

Key Headlines Impacting WESCO International

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

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.