Burney Co/ 13F: New $2.4M Stake in WESCO International (WCC)

Burney Co. has taken a new position in WESCO International, Inc. (WCC) by acquiring 6,592 shares valued at approximately $2.37 million, according to its filing on October 15, 2026. This marks the firm's entry into this stock, as it did not hold any shares before this investment.

Other Institutional Activity in WCC

Several other institutional investors have made adjustments to their positions in WESCO International recently. Blackrock Inc. trimmed its holdings by 431,975 shares, bringing its total to 8,958,787 shares worth about $3.05 billion. Vanguard Capital Management LLC added 13,125 shares, increasing its stake to 2,200,573 shares valued at approximately $750.2 million. Vanguard Portfolio Management LLC saw a slight reduction of 1,659 shares, totaling 2,072,241 shares worth around $706.4 million. Wellington Management Group, LLP decreased its position significantly by 1,581,911 shares, leaving it with 2,018,251 shares valued at about $688 million. Dimensional Fund Advisors LP also reduced its stake by 219,524 shares, ending with 2,013,677 shares worth roughly $686.4 million.

WESCO International, Inc. Stock Down 1.7%

Recently, WESCO International has been trading at around $340.85, which is significantly below its 52-week high of $388.64, down about 12.3%. However, the stock is performing well compared to its 52-week low of $211.47, trading 61.2% above that level. Its current price is also 4.0% lower than its 50-day moving average but 5.3% above the 200-day average, indicating some mixed recent performance.

Recent Earnings

WESCO reported a trailing twelve-month revenue of $25.01 billion with a net margin of 2.8%. The company has demonstrated a year-over-year revenue growth rate of 13.0%. The next earnings report is scheduled for October 29, 2026, which investors will be watching closely.

Insider Buying and Selling at WESCO International, Inc.

Several insiders have made trades in WESCO shares recently. On May 11, 2026, Officer Hemant Porwal sold 4,445 shares at an average price of $363.21, totaling around $1.61 million. Officer Daniel Jose Castillo bought 960 shares on August 4, 2026, for an average price of $365.89, amounting to approximately $351,254. Other notable transactions included sales by Laura K Thompson and Akash Khurana, highlighting continued insider activity.

Analysts Set New Price Targets

Analysts remain positive on WESCO International. On October 14, 2026, RBC Capital maintained an 'Outperform' rating with a new price target of $435.00, an increase from the previous target of $430.00. Barclays also reaffirmed its 'Overweight' rating on October 12, setting a new target of $437.00, up from $390.00. The consensus among analysts currently stands at a 'strong buy' rating, with a mean price target of $403.91 based on 11 opinions.

About WESCO International

WESCO International, Inc. is a leader in business-to-business distribution, offering logistics services and supply chain solutions. The company operates in multiple segments, including Electrical & Electronic Solutions and Communications & Security Solutions, serving customers across the U.S., Canada, and internationally.

Bottom Line

Investors should watch for WESCO's upcoming earnings report on October 29, 2026. The latest filing reflects Burney Co.'s new stake in the company, but it may not represent its current position. With a strong consensus among analysts, WESCO International continues to attract interest in the market.