Van Lanschot Kempen Investment Management N.V. Acquires 79,612 Shares of WESCO International, Inc. $WCC

Van Lanschot Kempen Investment Management N.V. boosted its holdings in shares of WESCO International, Inc. (NYSE:WCC) by 74.8% during the fourth quarter, HoldingsChannel reports. The fund owned 186,012 shares of the technology company’s stock after purchasing an additional 79,612 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in WESCO International were worth $45,506,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in WCC. Cornerstone Planning Group LLC grew its holdings in WESCO International by 92.7% during the 4th 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 holdings in WESCO International by 166.0% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 133 shares of the technology company’s stock worth $28,000 after acquiring an additional 83 shares during the last quarter. Rothschild Investment LLC grew its holdings in WESCO International by 788.2% during the 3rd quarter. Rothschild Investment LLC now owns 151 shares of the technology company’s stock worth $32,000 after acquiring an additional 134 shares during the last quarter. Torren Management LLC bought a new stake in WESCO International during the 4th quarter worth approximately $32,000. Finally, Hilton Head Capital Partners LLC bought a new stake in WESCO International during the 4th quarter worth approximately $39,000. 93.75% of the stock is owned by institutional investors.

WESCO International Trading Up 0.6%

WCC opened at $346.32 on Friday. WESCO International, Inc. has a twelve month low of $171.36 and a twelve month high of $377.90. The company has a quick ratio of 1.22, a current ratio of 2.12 and a debt-to-equity ratio of 1.13. The company has a fifty day moving average of $336.07 and a 200-day moving average of $296.12. The stock has a market cap of $16.87 billion, a PE ratio of 24.61, a price-to-earnings-growth ratio of 2.16 and a beta of 1.53.

WESCO International (NYSE:WCC) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $3.37 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.49. WESCO International had a net margin of 2.79% and a return on equity of 13.82%. The company had revenue of $6.08 billion during the quarter, compared to analysts’ expectations of $5.86 billion. During the same period in the prior year, the company posted $2.21 earnings per share. WESCO International’s revenue for the quarter was up 13.8% compared to the same quarter last year. WESCO International has set its FY 2026 guidance at 15.000-17.000 EPS. On average, sell-side analysts predict that WESCO International, Inc. will post 15.9 EPS for the current year.

WESCO International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, June 12th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, June 12th. WESCO International’s dividend payout ratio (DPR) is presently 14.21%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on WCC shares. KeyCorp boosted their target price 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. Stephens increased their price objective on shares of WESCO International from $275.00 to $350.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Weiss Ratings upgraded shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Barclays increased their price objective on shares of WESCO International from $313.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, May 4th. Finally, Royal Bank Of Canada increased their price objective on shares of WESCO International from $352.00 to $411.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $321.38.

Insiders Place Their Bets

In other WESCO International news, EVP Diane Lazzaris sold 9,910 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $359.48, for a total value of $3,562,446.80. Following the completion of the sale, the executive vice president directly owned 19,611 shares in the company, valued at approximately $7,049,762.28. This trade represents a 33.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Akash Khurana sold 4,000 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $359.13, for a total transaction of $1,436,520.00. Following the completion of the sale, the executive vice president owned 30,775 shares of the company’s stock, valued at $11,052,225.75. The trade was a 11.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 144,486 shares of company stock valued at $51,846,641. 2.60% of the stock is currently owned by corporate insiders.

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.