WESCO International (NYSE:WCC) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

WESCO International, Inc. (NYSE:WCC) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $256.49 and traded as high as $269.59. WESCO International shares last traded at $265.6310, with a volume of 596,651 shares trading hands.

Wall Street Analyst Weigh In

WCC has been the topic of a number of research analyst reports. Wall Street Zen cut shares of WESCO International from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Barclays upped their target price on shares of WESCO International from $302.00 to $313.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. KeyCorp set a $340.00 price target on shares of WESCO International in a research note on Wednesday, February 11th. Weiss Ratings raised shares of WESCO International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Finally, Royal Bank Of Canada upped their price objective on shares of WESCO International from $316.00 to $335.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $276.00.

WESCO International Stock Performance

The company has a market cap of $12.93 billion, a PE ratio of 20.34, a PEG ratio of 1.61 and a beta of 1.45. The stock has a 50 day simple moving average of $284.98 and a two-hundred day simple moving average of $256.49. The company has a debt-to-equity ratio of 1.15, a current ratio of 2.20 and a quick ratio of 1.27.

WESCO International (NYSE:WCC) last announced its earnings results on Tuesday, February 10th. The technology company reported $3.40 earnings per share (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 analysts’ expectations of $6.03 billion. WESCO International had a return on equity of 13.00% and a net margin of 2.72%.The business’s revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $3.16 earnings per share. WESCO International has set its FY 2026 guidance at 14.500-16.500 EPS. Equities analysts predict that WESCO International, Inc. will post 13.3 EPS for the current year.

WESCO International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from WESCO International’s previous quarterly dividend of $0.45. WESCO International’s payout ratio is 15.31%.

Insider Buying and Selling

In other news, EVP Diane Lazzaris sold 17,294 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $305.00, for a total value of $5,274,670.00. Following the completion of the sale, the executive vice president directly owned 29,065 shares of the company’s stock, valued at approximately $8,864,825. This represents a 37.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 20,114 shares of company stock valued at $6,128,353 in the last quarter. Insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On WESCO International

Institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers lifted its position in WESCO International by 2.2% during the 2nd quarter. Rhumbline Advisers now owns 122,030 shares of the technology company’s stock worth $22,600,000 after acquiring an additional 2,665 shares during the period. New York State Common Retirement Fund grew its stake in shares of WESCO International by 30.6% in the 2nd quarter. New York State Common Retirement Fund now owns 34,794 shares of the technology company’s stock valued at $6,444,000 after purchasing an additional 8,150 shares during the last quarter. River Road Asset Management LLC increased its holdings in shares of WESCO International by 56.0% in the second quarter. River Road Asset Management LLC now owns 605,918 shares of the technology company’s stock valued at $112,216,000 after purchasing an additional 217,417 shares during the period. Third Avenue Management LLC raised its stake in shares of WESCO International by 35.6% during the second quarter. Third Avenue Management LLC now owns 20,093 shares of the technology company’s stock worth $3,721,000 after purchasing an additional 5,271 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake 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 worth $139,000 after purchasing an additional 368 shares during the last quarter. Institutional investors and hedge funds own 93.75% of the company’s stock.

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.