FY2026 Earnings Estimate for Watsco Issued By William Blair

Watsco, Inc. (NYSE:WSO) – Research analysts at William Blair issued their FY2026 EPS estimates for Watsco in a report issued on Wednesday, October 23rd. William Blair analyst R. Merkel anticipates that the construction company will earn $16.50 per share for the year. The consensus estimate for Watsco’s current full-year earnings is $13.78 per share.

Watsco (NYSE:WSO) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $4.22 EPS for the quarter, missing the consensus estimate of $4.73 by ($0.51). The company had revenue of $2.16 billion during the quarter, compared to the consensus estimate of $2.24 billion. Watsco had a net margin of 7.02% and a return on equity of 18.55%. Watsco’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the company earned $4.35 EPS.

Other equities analysts also recently issued reports about the company. Robert W. Baird dropped their target price on Watsco from $550.00 to $540.00 and set an “outperform” rating for the company in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on shares of Watsco from $420.00 to $425.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 31st.

Watsco Stock Down 0.5 %

Shares of WSO opened at $475.90 on Friday. The stock has a market capitalization of $19.18 billion, a price-to-earnings ratio of 36.61 and a beta of 0.88. Watsco has a 52 week low of $340.52 and a 52 week high of $520.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.55 and a current ratio of 3.21. The stock has a fifty day moving average of $482.01 and a 200-day moving average of $473.54.

Institutional Investors Weigh In On Watsco

Institutional investors have recently made changes to their positions in the stock. Quarry LP acquired a new position in shares of Watsco in the second quarter worth approximately $26,000. EntryPoint Capital LLC boosted its stake in shares of Watsco by 100.0% in the 1st quarter. EntryPoint Capital LLC now owns 58 shares of the construction company’s stock valued at $25,000 after purchasing an additional 29 shares during the last quarter. ORG Partners LLC bought a new stake in shares of Watsco in the 1st quarter valued at $31,000. Tortoise Investment Management LLC increased its position in shares of Watsco by 76.2% during the second quarter. Tortoise Investment Management LLC now owns 74 shares of the construction company’s stock worth $34,000 after buying an additional 32 shares during the period. Finally, Salomon & Ludwin LLC raised its stake in Watsco by 52.6% during the first quarter. Salomon & Ludwin LLC now owns 87 shares of the construction company’s stock worth $38,000 after buying an additional 30 shares during the last quarter. Institutional investors own 89.71% of the company’s stock.

Watsco Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th will be issued a dividend of $2.70 per share. This represents a $10.80 annualized dividend and a yield of 2.27%. The ex-dividend date is Wednesday, October 16th. Watsco’s payout ratio is presently 83.08%.

Watsco Company Profile

Watsco, Inc, together with its subsidiaries, engages in the distribution of air conditioning, heating, refrigeration equipment, and related parts and supplies in the United States and internationally. The company distributes equipment, including residential ducted and ductless air conditioners, such as gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment.