WESCO International, Inc. (WCC) To Go Ex-Dividend on March 13th

WESCO International, Inc. (NYSE:WCC) announced a quarterly dividend on Thursday, February 26th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.50 per share by the technology company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, March 13th. This is a 10.2% increase from WESCO International’s previous quarterly dividend of $0.45.

WESCO International has a dividend payout ratio of 11.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect WESCO International to earn $15.86 per share next year, which means the company should continue to be able to cover its $1.81 annual dividend with an expected future payout ratio of 11.4%.

WESCO International Stock Performance

Shares of WCC stock opened at $289.65 on Friday. The company has a market capitalization of $14.09 billion, a price-to-earnings ratio of 22.18, a P/E/G ratio of 1.90 and a beta of 1.45. WESCO International has a 1-year low of $125.21 and a 1-year high of $319.67. The company has a current ratio of 2.20, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. The stock’s fifty day simple moving average is $281.92 and its 200-day simple moving average is $250.36.

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

Insider Buying and Selling

In other WESCO International news, EVP Diane Lazzaris sold 17,294 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $305.00, for a total transaction of $5,274,670.00. Following the transaction, the executive vice president owned 29,065 shares in the company, valued at $8,864,825. This trade represents a 37.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 20,114 shares of company stock worth $6,128,353 in the last 90 days. Company insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of WCC. Dean Capital Management lifted its position in WESCO International by 3.2% during the 4th quarter. Dean Capital Management now owns 10,230 shares of the technology company’s stock worth $2,503,000 after acquiring an additional 317 shares during the last quarter. State of Tennessee Department of Treasury increased its stake in shares of WESCO International by 3.9% in the fourth quarter. State of Tennessee Department of Treasury now owns 18,835 shares of the technology company’s stock worth $4,608,000 after purchasing an additional 712 shares during the period. Aureus Asset Management LLC acquired a new position in shares of WESCO International during the 4th quarter worth about $5,916,000. Dean Investment Associates LLC boosted its stake in WESCO International by 1.9% during the 4th quarter. Dean Investment Associates LLC now owns 19,716 shares of the technology company’s stock valued at $4,823,000 after purchasing an additional 371 shares during the period. Finally, Public Employees Retirement Association of Colorado increased its position in WESCO International by 1,674.7% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 88,645 shares of the technology company’s stock worth $21,686,000 after buying an additional 83,650 shares during the period. 93.75% of the stock is currently owned by institutional investors and hedge funds.

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.