Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners, including gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks, grills, registers, sheet metals, tools, copper tubing, concrete pads, tapes, adhesives, and other ancillary supplies, as well as plumbing and bathroom remodeling supplies. It serves contractors and dealers that service the replacement and new construction markets for residential and light commercial central air conditioning, heating, and refrigeration systems. In addition, the company exports its products to Latin America and the Caribbean Basin. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida.
IPO Year:
Exchange: NYSE
Website: watsco.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/5/2026 | $370.00 | Neutral | UBS |
| 10/15/2025 | Outperform → Mkt Perform | William Blair | |
| 4/14/2025 | $515.00 | Equal-Weight | Morgan Stanley |
| 1/17/2025 | Mkt Perform | Raymond James | |
| 11/22/2024 | Neutral | Northcoast | |
| 12/8/2023 | $387.00 → $500.00 | Hold → Buy | Deutsche Bank |
| 7/25/2023 | $360.00 | Neutral | Mizuho |
| 7/10/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 1/10/2023 | $280.00 | Neutral | UBS |
| 8/18/2022 | $311.00 | Hold | Deutsche Bank |
Fastest customizable press release news feed in the world
Boosts Annual Dividend 10% to $13.20 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Positions Company for Growth MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the full-year and fourth quarter period ended December 31, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco also announced today a 10% increase in its annual dividend to $13.20 per share effective with its next regular dividend payment in April 2026. This year marks Watsco's 52nd consecutive year of paying dividends. Watsco is the large
MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet." Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends whi
MIAMI, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2025 fourth quarter performance and annual results on Tuesday, February 17, 2026 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on February 17, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-regist
MIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026. Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
MIAMI, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the third quarter and nine-month period ended September 30, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses. The Company maintains a solid financial position with currently more than $640
MIAMI, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today it will hold a meeting for institutional investors and analysts on Thursday December 11, 2025 in Coral Gables, Florida. The event will begin at 9:00 a.m. Eastern Time and will be webcast live on the Company's website www.watsco.com. Attendees interesting in joining the event in person are asked to email [email protected] for additional details. Watsco has transformed the HVAC/R distribution landscape with leading-edge technologies that have elevated the customer experience and created the industry's leading digital ecosystem for HVAC/R contractors, resulting in new customer acquisition and market share gains. In
MIAMI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it will host its third quarter 2025 conference call on Wednesday, October 29, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link on our website at www.watsco.com. The earnings results will be released before the market opens on October 29, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Particip
MIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on October 31, 2025 to shareholders of record at the close of business on October 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
MIAMI, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Executive Vice President, is scheduled to present at the 13th Annual Morgan Stanley Laguna Conference being held at the Ritz Carlton, Laguna Niguel on Thursday, September 11, 2025 at 4:50 p.m. (PDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco's website at http://www.watsco.com. About Watsco Watsco operates the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the U.S., Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. W
Record Gross Profit Margins & Expanded Operating Margins Amidst A2L Product Transition; Strong Balance Sheet Fortifies the Company and Enables Continued Investments in Growth MIAMI, July 30, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the second quarter and six-month period ended June 30, 2025. The Company also provided updates related to innovation and technology, growth opportunities and overall business trends. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combina
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - WATSCO INC (0000105016) (Issuer)
4 - WATSCO INC (0000105016) (Issuer)
4 - WATSCO INC (0000105016) (Issuer)
4 - WATSCO INC (0000105016) (Issuer)
4 - WATSCO INC (0000105016) (Issuer)
4 - WATSCO INC (0000105016) (Issuer)
5 - WATSCO INC (0000105016) (Issuer)
5 - WATSCO INC (0000105016) (Issuer)
5 - WATSCO INC (0000105016) (Issuer)
5 - WATSCO INC (0000105016) (Issuer)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
UBS resumed coverage of Watsco with a rating of Neutral and set a new price target of $370.00
William Blair downgraded Watsco from Outperform to Mkt Perform
Morgan Stanley initiated coverage of Watsco with a rating of Equal-Weight and set a new price target of $515.00
Raymond James initiated coverage of Watsco with a rating of Mkt Perform
Northcoast initiated coverage of Watsco with a rating of Neutral
Deutsche Bank upgraded Watsco from Hold to Buy and set a new price target of $500.00 from $387.00 previously
Mizuho initiated coverage of Watsco with a rating of Neutral and set a new price target of $360.00
KeyBanc Capital Markets downgraded Watsco from Overweight to Sector Weight
UBS initiated coverage of Watsco with a rating of Neutral and set a new price target of $280.00
Deutsche Bank initiated coverage of Watsco with a rating of Hold and set a new price target of $311.00
8-K - WATSCO INC (0000105016) (Filer)
424B5 - WATSCO INC (0000105016) (Filer)
S-3ASR - WATSCO INC (0000105016) (Filer)
10-Q - WATSCO INC (0000105016) (Filer)
8-K - WATSCO INC (0000105016) (Filer)
8-K - WATSCO INC (0000105016) (Filer)
424B5 - WATSCO INC (0000105016) (Filer)
8-K - WATSCO INC (0000105016) (Filer)
10-Q - WATSCO INC (0000105016) (Filer)
8-K - WATSCO INC (0000105016) (Filer)
Live Leadership Updates
MIAMI, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Watsco, Inc.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $1.775 on each outstanding share of its Common and Class B common stock payable on January 29, 2021 to shareholders of record at the close of business on January 15, 2021. Watsco has paid dividends for 47 consecutive years. The Company’s philosophy is to share increasing amounts of cash flow with shareholders through higher dividends while maintaining a conservative financial position. Future dividends will be considered in light of investment opportunities, cash flow, general economic conditions and the Company’s financial condition. About Watsco Wats
This live feed shows all institutional transactions in real time.
SC 13G/A - WATSCO INC (0000105016) (Subject)
Live finance-specific insights
Boosts Annual Dividend 10% to $13.20 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Positions Company for Growth MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the full-year and fourth quarter period ended December 31, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco also announced today a 10% increase in its annual dividend to $13.20 per share effective with its next regular dividend payment in April 2026. This year marks Watsco's 52nd consecutive year of paying dividends. Watsco is the large
MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet." Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends whi
MIAMI, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2025 fourth quarter performance and annual results on Tuesday, February 17, 2026 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on February 17, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-regist
MIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026. Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
MIAMI, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the third quarter and nine-month period ended September 30, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses. The Company maintains a solid financial position with currently more than $640
MIAMI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it will host its third quarter 2025 conference call on Wednesday, October 29, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link on our website at www.watsco.com. The earnings results will be released before the market opens on October 29, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Particip
MIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on October 31, 2025 to shareholders of record at the close of business on October 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
Record Gross Profit Margins & Expanded Operating Margins Amidst A2L Product Transition; Strong Balance Sheet Fortifies the Company and Enables Continued Investments in Growth MIAMI, July 30, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the second quarter and six-month period ended June 30, 2025. The Company also provided updates related to innovation and technology, growth opportunities and overall business trends. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combina
MIAMI, July 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it will host its second quarter 2025 conference call on Wednesday, July 30, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team. The conference call will be web-cast by CCBN's StreetEvents and can be found under the link on our website at www.watsco.com. The earnings results will be released before the market opens on July 30, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participant
MIAMI, July 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on July 31, 2025 to shareholders of record at the close of business on July 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years, with this quarter marking the 200th consecutive quarter of dividend payments. The Company's philosophy is to share cash flow through dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends are considered in light of investment opportunities