WESCO International (WCC)

• Market cap: $7.95B
• 1 day: 0.80%
• 5 days: 5.07%
• 1 month: 4.93%
• 3 months: -13.96%
• 6 months: -8.35%
• Year to date: -8.46%
• 1 year: 6.68%
• 5 years: 529.92%
• 10 years: 125.89%
• Sector: Industrials
• Industry: Industrial Distribution

About: Wesco can be traced back to the late 1800s but was officially founded in 1922, acting as the distribution arm of Westinghouse Electric. Throughout the 1900s, Wesco entered and subsequently exited the consumer electronics, transit, bottling, and nuclear plant distribution markets. It was sold to a private equity firm in 1994 and then went public in 1999, and numerous acquisitions have since been made to fill the gaps in Wesco's geographical and product coverage. Today, the firm primarily distributes electrical, networking, security, and utility equipment used in the construction and repair of structures such as offices, data centers, power transmission lines, and manufacturing plants. Wesco has operations around the globe but generates the majority of its revenue in the United States.

Employees: 20,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

298% more call options, than puts

Call options by funds: $478M | Put options by funds: $120M

44% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 75

36% more funds holding in top 10

Funds holding in top 10: 11 [Q3] → 15 (+4) [Q4]

14% more capital invested

Capital invested by funds: $7.57B [Q3] → $8.6B (+$1.03B) [Q4]

4% more funds holding

Funds holding: 496 [Q3] → 518 (+22) [Q4]

2.21% more ownership

Funds ownership: 88.66% [Q3] → 90.86% (+2.21%) [Q4]

2% more repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 174

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $205 26% upside
• Avg. target: $211 29% upside
• High target: $215 32% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Keybanc Ken Newman 33% 1-year accuracy 5 / 15 met price target	26% upside $205	Overweight Maintained	17 Mar 2025
Stephens & Co. Tommy Moll 24% 1-year accuracy 5 / 21 met price target	32% upside $215	Overweight Maintained	18 Feb 2025
RBC Capital Deane Dray 31% 1-year accuracy 17 / 54 met price target	31% upside $213	Sector Perform Maintained	12 Feb 2025