Vise Technologies Inc. Buys New Position in WESCO International, Inc. $WCC

by · The Cerbat Gem

Vise Technologies Inc. purchased a new stake in WESCO International, Inc. (NYSE:WCC – Free Report) in the second quarter, HoldingsChannel.com reports. The firm purchased 3,053 shares of the technology company’s stock, valued at approximately $1,055,000.

Several other institutional investors have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its holdings in shares of WESCO International by 95.6% during the second quarter. EverSource Wealth Advisors LLC now owns 753 shares of the technology company’s stock valued at $139,000 after acquiring an additional 368 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in shares of WESCO International in the 2nd quarter valued at approximately $573,000. California State Teachers Retirement System boosted its stake in WESCO International by 0.8% in 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 in the last quarter. BNP Paribas Financial Markets boosted its stake in WESCO International by 516.8% in 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 in the last quarter. Finally, Lazard Asset Management LLC grew its position in WESCO International by 1.4% during the 2nd quarter. Lazard Asset Management LLC now owns 4,006 shares of the technology company’s stock worth $740,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 93.75% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Daniel J. Castillo purchased 960 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were bought at an average cost of $365.89 per share, with a total value of $351,254.40. Following the transaction, the executive vice president owned 16,305 shares of the company’s stock, valued at approximately $5,965,836.45. This trade represents a 6.26% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction, the director owned 10,720 shares of the company’s stock, valued at $3,949,784. The trade was a 2.46% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.60% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities research analysts have recently commented on WCC shares. DA Davidson assumed coverage on shares of WESCO International in a research note on Tuesday, June 16th. They set a “buy” rating and a $440.00 price objective for the company. Barclays upped their target price on WESCO International from $376.00 to $390.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Weiss Ratings upgraded WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 17th. Zacks Research raised WESCO International from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, KeyCorp lifted their price target on WESCO International from $340.00 to $415.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $374.29.

Check Out Our Latest Stock Report on WESCO International

More 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

WESCO International Stock Performance

Shares of NYSE WCC opened at $348.92 on Friday. The company has a current ratio of 2.09, a quick ratio of 1.23 and a debt-to-equity ratio of 1.13. WESCO International, Inc. has a 12 month low of $203.40 and a 12 month high of $385.37. The company has a 50 day simple moving average of $343.56 and a two-hundred day simple moving average of $322.64. The stock has a market cap of $17.00 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 2.08 and a beta of 1.54.

WESCO International (NYSE:WCC – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The technology company reported $4.57 EPS for the quarter, beating the consensus estimate of $3.98 by $0.59. The business had revenue of $6.67 billion for 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 business’s revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the firm earned $3.83 EPS. WESCO International has set its FY 2026 guidance at 16.000-17.500 EPS. As a group, analysts predict that WESCO International, Inc. will post 16.77 earnings per share for the current year.

WESCO International Announces Dividend

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

WESCO International Company Profile

(Free Report)

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.

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