Campbell & CO Investment Adviser LLC Purchases Shares of 1,968 WESCO International, Inc. $WCC

Campbell & CO Investment Adviser LLC acquired a new stake in WESCO International, Inc. (NYSE:WCC) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 1,968 shares of the technology company’s stock, valued at approximately $416,000.

Other hedge funds also recently modified their holdings of the company. Parallel Advisors LLC boosted its holdings in shares of WESCO International by 13.4% during the 2nd quarter. Parallel Advisors LLC now owns 507 shares of the technology company’s stock worth $94,000 after buying an additional 60 shares during the period. Public Employees Retirement System of Ohio lifted its position in WESCO International by 38.7% during the second quarter. Public Employees Retirement System of Ohio now owns 82,957 shares of the technology company’s stock worth $15,364,000 after acquiring an additional 23,164 shares during the last quarter. Greenleaf Trust boosted its holdings in shares of WESCO International by 10.0% during the second quarter. Greenleaf Trust now owns 2,597 shares of the technology company’s stock worth $481,000 after acquiring an additional 237 shares during the period. Vaughan Nelson Investment Management L.P. bought a new stake in shares of WESCO International during the second quarter worth approximately $75,136,000. Finally, New York State Teachers Retirement System grew its position in shares of WESCO International by 2.1% in the second quarter. New York State Teachers Retirement System now owns 26,295 shares of the technology company’s stock valued at $4,870,000 after purchasing an additional 539 shares during the last quarter. Institutional investors and hedge funds own 93.75% of the company’s stock.

WESCO International Stock Performance

WCC opened at $289.92 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.20 and a current ratio of 2.09. WESCO International, Inc. has a 52-week low of $125.21 and a 52-week high of $291.01. The firm has a market cap of $14.10 billion, a P/E ratio of 22.74, a price-to-earnings-growth ratio of 1.81 and a beta of 1.45. The business’s fifty day moving average is $263.09 and its 200-day moving average is $233.81.

WESCO International (NYSE:WCC) last posted its quarterly earnings results on Thursday, October 30th. The technology company reported $3.92 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.17. The business had revenue of $6.20 billion during the quarter, compared to the consensus estimate of $5.91 billion. WESCO International had a return on equity of 13.12% and a net margin of 2.81%.WESCO International’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.58 earnings per share. WESCO International has set its FY 2025 guidance at 13.100-13.600 EPS. Sell-side analysts expect that WESCO International, Inc. will post 13.3 EPS for the current fiscal year.

WESCO International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.4538 dividend. This represents a $1.82 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 12th. WESCO International’s dividend payout ratio (DPR) is 14.27%.

Analyst Ratings Changes

Several research firms recently weighed in on WCC. Weiss Ratings reissued a “hold (c+)” rating on shares of WESCO International in a report on Wednesday, October 8th. Royal Bank Of Canada upgraded WESCO International from a “sector perform” rating to an “outperform” rating and increased their price objective for the stock from $262.00 to $302.00 in a research report on Wednesday, November 19th. KeyCorp boosted their target price on shares of WESCO International from $258.00 to $300.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. upped their price target on shares of WESCO International from $260.00 to $290.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Finally, Barclays raised their price target on shares of WESCO International from $274.00 to $302.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $265.50.

Insider Buying and Selling at WESCO International

In other news, EVP Christine Ann Wolf sold 4,685 shares of WESCO International stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $259.52, for a total value of $1,215,851.20. Following the transaction, the executive vice president owned 30,195 shares in the company, valued at approximately $7,836,206.40. This trade represents a 13.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Diane Lazzaris sold 7,522 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $256.00, for a total value of $1,925,632.00. Following the transaction, the executive vice president directly owned 45,401 shares of the company’s stock, valued at $11,622,656. This trade represents a 14.21% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 17,036 shares of company stock worth $4,385,254 over the last three months. Corporate insiders own 3.30% of the company’s stock.

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.