Sequoia Financial Advisors LLC Raises Position in WESCO International, Inc. $WCC
MarketBeat
Sequoia Financial Advisors LLC increased its stake in WESCO International, Inc. by 28.8% in the second quarter, bringing its total holdings to 23,336 shares valued at $8.1 million. Institutional investors and hedge funds now own 93.75% of WESCO's stock, reflecting strong investor confidence. The company also announced a quarterly dividend of $0.50 per share and reported strong financial results, surpassing analyst expectations with adjusted earnings of $4.57 per share and $6.67 billion in revenu
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