UP!
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Formerly called
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Westinghouse Electric Supply Company |
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Type
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Public company |
| Traded as | NYSE: WCC |
| Industry | Maintenance, Repair, and Operations |
| Founded | 1922 (1922) |
| Headquarters | Pittsburgh, Pennsylvania, United States |
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Area served
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Worldwide |
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Key people
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John Engel (Chairman and CEO) |
| Products | electronic instruments & controls |
| Revenue |
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Operating income
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Net income
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| Total assets |
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| Total equity | identical to total assets |
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Number of employees
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9,200 (2013) |
| Website | www |
Footnotes / references
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WESCO International, Inc. is a holding company for WESCO Distribution, a multinational electronics distribution and services company based in Pittsburgh, Pennsylvania. Despite the 'international' moniker, the company makes "nearly all of its sales" in the United States.
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune 500 holding company headquartered in Pittsburgh, Pennsylvania, is a provider of electrical, industrial, and communications maintenance, repair and operating ("MRO") and original equipment manufacturers ("OEM") product, construction materials, and advanced supply chain management and logistic services. 2012 annual sales were approximately $6.6 billion. The Company employs approximately 9,000 people, maintains relationships with over 18,000 suppliers, and serves over 100,000 customers worldwide. Customers include commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers and utilities. WESCO operates seven distribution centers and approximately 400 full-service branches in North America and international markets.
In 1922, WESCO Distribution was formed as a subsidiary of the Westinghouse Electric Corporation also based in Pittsburgh. It had existed for decades within Westinghouse as the subsidiary charged with selling and distributing company components in the electrical and industrial fields. WESCO maintained close ties to its parent. In 1994, the private equity firm Clayton, Dubilier & Rice (CD&R) arranged for the purchase of WESCO from Westinghouse.
CD & R sold WESCO to The Cypress Group for $1.1 billion in June 1998. This group formed WESCO International, Inc., which is the current owner of WESCO Distribution.
On May 12, 1999, WESCO held its initial public offering on the New York Stock Exchange, selling 9.72 million shares for $18 per share, raising $175 million.
In 2008, the company was recognized for "environmentally sustainable business practices" through an Environmental Stewardship Award from Veolia ES Technical Solutions.
In November 2010 the company acquired TVC Communications, a "distributor of broadband communications network infrastructure" for about US$250,000,000.
In June, 2012 the company acquired Conney Safety for an undisclosed sum.
All Board Members terms are set to expire in May 2017
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-11-02 | Future report Set alerts | |
| Q2 2022 | 2022-08-04 | 4.19 | 4.19 |
| Q1 2022 | 2022-05-05 | 3.63 | 3.63 |
| Q4 2021 | 2022-02-15 | 3.17 | 3.17 |
| Q3 2021 | 2021-11-04 | 2.74 | 2.74 |
| Q2 2021 | 2021-08-05 | 2.64 | 2.64 |
| Q1 2021 | 2021-05-06 | 1.43 | 1.43 |
| Q4 2020 | 2021-02-09 | 1.22 | 1.22 |
| Q3 2020 | 2020-11-05 | 0.00 | 0.00 |
| Q2 2020 | 2020-08-13 | 1.36 | -0.84 |
| 2016-06-18 | Initiated Coverage | Credit Suisse | Buy | |
| 2016-06-18 | Initiated Coverage | Credit Suisse Group AG | Buy | |
| 2016-06-17 | Reiterated Rating | Credit Suisse | Outperform | $68.00 |
| 2016-06-01 | Downgrade | RBC Capital | Outperform to Sector Perform | $53.00 to $50.00 |
| 2016-06-01 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | $53.00 to $50.00 |
| 2016-05-16 | Reiterated Rating | Oppenheimer | Buy | |
| 2016-05-16 | Reiterated Rating | Sterne Agee CRT | Neutral | |
| 2016-05-16 | Reiterated Rating | Oppenheimer Holdings Inc. | Buy | |
| 2016-05-02 | Reiterated Rating | Credit Suisse | Buy | |
| 2016-04-29 | Reiterated Rating | Morgan Stanley | Hold | $58.00 |
| 2016-04-22 | Downgrade | Standpoint Research | Buy to Hold | |
| 2016-04-14 | Boost Price Target | Susquehanna | Neutral | $43.00 to $52.00 |
| 2016-04-07 | Boost Price Target | Morgan Stanley | $46.00 to $54.00 | |
| 2016-03-28 | Boost Price Target | Oppenheimer | Outperform | $77.00 to $79.00 |
| 2016-03-22 | Reiterated Rating | Oppenheimer | Outperform | $49.00 to $58.00 |
| 2016-03-21 | Initiated Coverage | Sterne Agee CRT | Neutral | $57.00 |
| 2016-03-05 | Reiterated Rating | Oppenheimer | Buy | $49.00 |
| 2016-03-03 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $45.00 to $46.00 |
| 2016-02-16 | Boost Price Target | Susquehanna | Neutral | $41.00 to $42.00 |
| 2016-02-05 | Lower Price Target | JPMorgan Chase & Co. | $47.00 to $45.00 | |
| 2016-01-29 | Lower Price Target | Robert W. Baird | Neutral | $52.00 to $46.00 |
| 2016-01-29 | Lower Price Target | Oppenheimer | Outperform | $52.00 to $49.00 |
| 2016-01-29 | Lower Price Target | RBC Capital | Sector Perform | $50.00 to $47.00 |
| 2016-01-21 | Lower Price Target | Susquehanna | $42.00 to $37.00 | |
| 2016-01-19 | Lower Price Target | Barclays | Equal Weight | $46.00 to $42.00 |
| 2016-01-19 | Lower Price Target | Barclays PLC | Equal Weight | $46.00 to $42.00 |
| 2016-01-06 | Downgrade | RBC Capital | Outperform to Sector Perform | $53.00 to $50.00 |
| 2015-12-16 | Lower Price Target | Barclays | Equal Weight | $47.00 to $46.00 |
| 2015-12-16 | Lower Price Target | Oppenheimer | Outperform | $60.00 to $52.00 |
| 2015-12-16 | Lower Price Target | RBC Capital | Outperform | $55.00 to $53.00 |
| 2015-12-11 | Boost Price Target | JPMorgan Chase & Co. | $56.00 to $58.00 | |
| 2015-10-26 | Lower Price Target | Susquehanna | Neutral | $48.00 to $47.00 |
| 2015-10-26 | Boost Price Target | Morgan Stanley | Equal Weight | $51.00 to $52.00 |
| 2015-10-23 | Lower Price Target | RBC Capital | Outperform | $67.00 to $59.00 |
| 2015-10-21 | Lower Price Target | Robert W. Baird | $69.00 to $55.00 | |
| 2015-10-19 | Lower Price Target | Morgan Stanley | $67.00 to $51.00 | |
| 2015-10-07 | Reiterated Rating | Oppenheimer | Buy | $56.00 |
| 2015-09-14 | Reiterated Rating | Credit Suisse | Outperform | $76.00 |
| 2015-09-11 | Boost Price Target | JPMorgan Chase & Co. | $62.00 to $64.00 | |
| 2015-08-24 | Upgrade | Standpoint Research | Hold to Buy | $68.00 |
| 2015-07-24 | Downgrade | Stephens | Overweight to Equal Weight | $82.00 to $70.00 |
| 2015-07-09 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | $71.00 |
| 2015-05-19 | Reiterated Rating | Oppenheimer | Outperform | |
| 2015-04-28 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $76.00 to $71.00 |
| 2015-04-24 | Lower Price Target | Barclays | Equal Weight | $73.00 to $70.00 |
| 2015-04-20 | Downgrade | Cleveland Research | Buy to Neutral | |
| 2015-03-27 | Downgrade | Robert W. Baird | Outperform to Neutral | $78.00 to $72.00 |
| 2015-03-23 | Downgrade | Barclays | Overweight to Equal Weight | $80.00 to $73.00 |
| 2015-03-17 | Lower Price Target | Barclays | Overweight | $81.00 to $80.00 |
| 2015-03-16 | Downgrade | Susquehanna | Positive to Neutral | $80.00 to $74.00 |
| 2015-03-10 | Boost Price Target | Oppenheimer | Outperform | $77.00 to $79.00 |
| 2015-03-09 | Downgrade | BB&T Corp. | Buy to Hold | |
| 2015-02-12 | Downgrade | William Blair | Outperform to Market Perform | |
| 2015-02-02 | Lower Price Target | Morgan Stanley | $83.00 to $78.00 | |
| 2015-02-02 | Lower Price Target | Susquehanna | Positive | $89.00 to $79.00 |
| 2015-01-30 | Lower Price Target | Barclays | Overweight | $98.00 to $81.00 |
| 2015-01-30 | Reiterated Rating | Oppenheimer | Outperform | $77.00 |
| 2015-01-27 | Lower Price Target | Stifel Nicolaus | Buy | $88.00 to $82.00 |
| 2015-01-27 | Downgrade | Longbow Research | Buy to Neutral | $92.00 |
| 2015-01-15 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $86.00 to $84.00 |
| 2014-12-22 | Set Price Target | JPMorgan Chase & Co. | Buy | $97.00 to $86.00 |
| 2014-12-18 | Reiterated Rating | William Blair | Buy | |
| 2014-12-18 | Upgrade | Susquehanna | Neutral to Positive | |
| 2014-11-24 | Initiated Coverage | RBC Capital | Outperform | $105.00 |
| 2014-10-27 | Reiterated Rating | Stifel Nicolaus | Buy | $95.00 to $90.00 |
| 2014-10-06 | Reiterated Rating | Barclays | Overweight | $93.00 to $92.00 |
| 2014-09-11 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | $94.00 to $103.00 |
| 2014-09-09 | Initiated Coverage | Credit Suisse | Outperform | |
| 2014-09-05 | Initiated Coverage | Buckingham Research | Neutral | $90.00 |
| 2014-07-28 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $95.00 to $94.00 |
| 2014-07-25 | Reiterated Rating | Barclays | Overweight | $95.00 to $93.00 |
| 2014-07-25 | Reiterated Rating | Citigroup Inc. | Buy | $105.00 to $103.00 |
| 2014-07-09 | Set Price Target | JPMorgan Chase & Co. | $93.00 to $95.00 | |
| 2014-05-13 | Initiated Coverage | Morgan Stanley | Equal Weight | $92.00 |
| 2014-05-05 | Downgrade | JPMorgan Chase & Co. | Overweight to Neutral | $94.00 to $93.00 |
| 2014-04-25 | Boost Price Target | MKM Partners | Neutral | $90.00 to $97.00 |
| 2014-04-25 | Reiterated Rating | Stifel Nicolaus | Buy | $99.00 |
| 2014-04-10 | Boost Price Target | Citigroup Inc. | Neutral to Buy | $84.00 to $100.00 |
| 2014-04-09 | Lower Price Target | JPMorgan Chase & Co. | Overweight | $95.00 to $94.00 |
| 2014-04-04 | Initiated Coverage | Susquehanna | Neutral | |
| 2014-04-01 | Upgrade | William Blair | Market Perform to Outperform | |
| 2014-03-11 | Boost Price Target | Stifel Nicolaus | $95.00 to $96.00 | |
| 2014-02-03 | Downgrade | MKM Partners | Buy to Neutral | $95.00 to $90.00 |
| 2014-01-31 | Lower Price Target | BB&T Corp. | $115.00 to $105.00 | |
| 2014-01-31 | Lower Price Target | Janney Montgomery Scott | $88.00 to $86.00 | |
| 2014-01-31 | Boost Price Target | Barclays | Overweight | $85.00 to $88.00 |
| 2014-01-28 | Boost Price Target | Wunderlich | Buy | $94.00 to $110.00 |
| 2014-01-08 | Upgrade | Citigroup Inc. | Neutral to Buy | $80.00 to $107.00 |
| 2013-12-10 | Boost Price Target | MKM Partners | Buy | $86.00 to $95.00 |
| 2013-10-07 | Reiterated Rating | Wunderlich | Buy | $94.00 |
| 2013-10-07 | Boost Price Target | Barclays | Overweight | $79.00 to $85.00 |
| 2013-10-04 | Boost Price Target | Robert W. Baird | Outperform | $80.00 to $88.00 |
| 2013-09-17 | Boost Price Target | MKM Partners | Buy | $83.00 to $86.00 |
| 2013-09-17 | Reiterated Rating | Wunderlich | Buy | $94.00 |
| 2013-02-01 | Reiterated | MKM Partners | Buy | $78 to $83 |
| 2013-01-28 | Reiterated | Wunderlich | Hold | $61 to $79 |
| 2012-04-20 | Reiterated | MKM Partners | Buy | $70 to $73 |
| 2016-06-18 | Initiated Coverage | Credit Suisse | Buy | |
| 2016-06-18 | Initiated Coverage | Credit Suisse Group AG | Buy | |
| 2016-06-17 | Reiterated Rating | Credit Suisse | Outperform | $68.00 |
| 2016-06-01 | Downgrade | RBC Capital | Outperform to Sector Perform | $53.00 to $50.00 |
| 2016-06-01 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | $53.00 to $50.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In WCC 273 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| LEONARD GREEN PARTNERS LP | 6.41M |
| Vanguard Group, Inc | 4.55M |
| DIMENSIONAL FUND ADVISORS LP | 2.71M |
| BlackRock Inc. | 2.52M |
| PECONIC PARTNERS LLC | 2.39M |
| MACQUARIE GROUP LTD | 2.03M |
| DIAMOND HILL CAPITAL MANAGEMENT INC | 1.91M |
| Boston Partners | 1.87M |
| WELLINGTON MANAGEMENT CO LLP | 1.52M |
| WESTFIELD CAPITAL MANAGEMENT CO LP | 1.26M |
| Invesco Ltd. | 1.21M |
| BlackRock Institutional Trust Company, N.A. | 1.14M |
| NEW SOUTH CAPITAL MANAGEMENT INC | 1.04M |
| STATE STREET CORP | 0.71M |
| GMT CAPITAL CORP | 0.65M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| ENGEL JOHN Chairman, President & CEO | 0.24% (106785) | WCC / X / |
| VAN OSS STEPHEN A SVP & COO | 0.23% (101445) | CPS / WCC / |
| TARR ROBERT J JR | 0.11% (48364) | WCC / |
| MORGAN JOHN K | 0.03% (15143) | LYTS / WCC / ZEP / |
| Singleton James Louis | 0.03% (14906) | WCC / |
| WINDROW KIMBERLY G Vice President,Human Resources | 0.03% (11589) | WCC / |
| LIN SANDRA BEACH | 0.02% (10562) | AEP / POL / WCC / |
| BRAILER DANIEL A VP,Investor Rel.& Corp.Affairs | 0.02% (10453) | WCC / |
| Lazzaris Diane Vice President, Legal Affairs | 0.02% (10445) | WCC / |
| UTTER LYNN M | 0.02% (9116) | KNL / LNC / WCC / |
| Schulz David S. SVP and CFO | 0.02% (9000) | AWI / WCC / |
| VARESCHI WILLIAM J JR | 0.02% (8474) | WCC / WMS / |
| RAYMUND STEVEN A | 0.02% (7931) | JBL / TECD / WCC / |
| Parks Kenneth Scott Vice President, CFO | 0.01% (4114) | WCC / |
| HIBBARD TIMOTHY A Vice Pres-Corporate Controller | 0.01% (3143) | WCC / |
| MILES GEORGE L JR | 0.01% (2604) | AIG / EQT / HF / HOG / WCC / |
UM
US$ 7.513 billion (2013)
US$ 333 million (2012)