WESCO International
About: Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates approximately 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.
Employees: 20,000
0
Funds holding %
of 7,390 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
298% more call options, than puts
Call options by funds: $478M | Put options by funds: $120M
43% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 75
36% more funds holding in top 10
Funds holding in top 10: 11 [Q3] → 15 (+4) [Q4]
12% more capital invested
Capital invested by funds: $7.72B [Q3] → $8.62B (+$901M) [Q4]
4% more funds holding
Funds holding: 496 [Q3] → 517 (+21) [Q4]
1.45% more ownership
Funds ownership: 90.44% [Q3] → 91.89% (+1.45%) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 175
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$205
31%
upside
Avg. target
$211
35%
upside
High target
$215
37%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Keybanc Ken Newman 40% 1-year accuracy 6 / 15 met price target | 31%upside $205 | Overweight Maintained | 17 Mar 2025 |
Stephens & Co. Tommy Moll 44% 1-year accuracy 11 / 25 met price target | 37%upside $215 | Overweight Maintained | 18 Feb 2025 |
RBC Capital Deane Dray 37% 1-year accuracy 19 / 52 met price target | 36%upside $213 | Sector Perform Maintained | 12 Feb 2025 |
Financial journalist opinion
Neutral
PRNewsWire
4 weeks ago
Wesco Declares Quarterly Dividend on Common Stock and Preferred Stock
PITTSBURGH , Feb. 27, 2025 /PRNewswire/ -- The Board of Directors of Wesco International (NYSE: WCC) today declared a quarterly cash dividend on all of the issued and outstanding shares of common stock, in an amount equal to $0.45375 per share. The dividend is payable on March 31, 2025 to the holders of record of the common stock at the close of business on March 14, 2025.
Neutral
PRNewsWire
1 month ago
Wesco Announces Pricing of Private Offering of Senior Notes Due 2033
PITTSBURGH , Feb. 25, 2025 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), priced its previously announced offering (the "Offering") to eligible purchasers of $800 million aggregate principal amount of 6.375% senior notes due 2033 (the "Notes"). The aggregate principal amount of the Notes to be issued in the Offering has been increased from the previously announced $600 million to $800 million.
Neutral
PRNewsWire
1 month ago
Wesco Announces Commencement of Private Offering of Senior Notes Due 2033
PITTSBURGH , Feb. 25, 2025 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), intends to offer (the "Offering") to eligible purchasers, subject to market and other conditions, $600 million aggregate principal amount of senior notes due 2033 (the "Notes"). Wesco intends to use the net proceeds from this Offering to redeem all of its outstanding 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock") and all of the related depositary shares representing fractional interests in the Series A Preferred Stock (the "Series A Depositary Shares") on June 22, 2025, and repay a portion of the amounts outstanding under its asset-based revolving credit facility (the "ABL Facility").
Neutral
Zacks Investment Research
1 month ago
Don't Overlook Wesco International (WCC) International Revenue Trends While Assessing the Stock
Examine Wesco International's (WCC) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.
Neutral
PRNewsWire
1 month ago
Wesco Joins Military Spouse Employment Partnership
PITTSBURGH , Feb. 20, 2025 /PRNewswire/ -- Wesco proudly announces its official partnership with the U.S. Department of Defense's Military Spouse Employment Partnership (MSEP), a program within the Department of Defense's Spouse Education and Career Opportunities initiative. The induction ceremony on Jan. 29, 2025, formally welcomed Wesco into the program.
Negative
Zacks Investment Research
1 month ago
WESCO Q4 Earnings Miss Estimates, Sales Increased Y/Y: Stock Rises
WCC's fourth-quarter 2024 results reflect headwinds from the UBS segment's struggles and a shrinking margin.
Neutral
Seeking Alpha
1 month ago
WESCO International, Inc. (WCC) Q4 2024 Earnings Call Transcript
WESCO International, Inc. (NYSE:WCC ) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Scott Gaffner - SVP-IR John Engel - Chairman, President and CEO Dave Schulz - EVP and CFO Conference Call Participants Sam Darkatsh - Raymond James Thomas Moll - Stephens David Manthey - Baird Deane Dray - RBC Capital Markets Christopher Glynn - Oppenheimer Stephen Volkmann - Jefferies Ken Newman - KeyBanc Capital Markets Patrick Baumann - JPMorgan Operator Hello, and welcome to WESCO's 2024 Fourth Quarter and Full Year Earnings Call. [Operator Instructions] Please note that this event is being recorded.
Positive
Zacks Investment Research
1 month ago
Wesco International (WCC) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Wesco International (WCC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Neutral
The Motley Fool
1 month ago
Wesco: Q4 Revenue Beats, EPS Misses
Electrical, communications, and utility distribution and supply chain services specialist Wesco International (WCC 2.71%) reported mixed fourth-quarter and full-year earnings results on Tuesday, Feb. 11. Net sales rose 0.5% year over year to $5.5 billion, surpassing analysts' consensus expectations.
Negative
Zacks Investment Research
1 month ago
Wesco International (WCC) Misses Q4 Earnings Estimates
Wesco International (WCC) came out with quarterly earnings of $3.16 per share, missing the Zacks Consensus Estimate of $3.22 per share. This compares to earnings of $2.65 per share a year ago.
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