FY2025 Earnings Estimate for Watsco Issued By Zacks Research

Watsco, Inc. (NYSE:WSO) – Zacks Research lifted their FY2025 earnings per share (EPS) estimates for Watsco in a research note issued to investors on Tuesday, December 16th. Zacks Research analyst Team now forecasts that the construction company will post earnings of $12.39 per share for the year, up from their previous estimate of $12.37. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Watsco’s current full-year earnings is $14.62 per share. Zacks Research also issued estimates for Watsco’s Q4 2025 earnings at $1.96 EPS, Q4 2026 earnings at $2.14 EPS and FY2027 earnings at $13.96 EPS.

WSO has been the topic of a number of other research reports. JPMorgan Chase & Co. cut their price objective on shares of Watsco from $400.00 to $360.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. William Blair reissued a “market perform” rating on shares of Watsco in a research note on Wednesday, October 15th. UBS Group decreased their price objective on Watsco from $425.00 to $390.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Wolfe Research set a $349.00 target price on Watsco in a report on Tuesday, December 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Watsco in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, Watsco has a consensus rating of “Hold” and an average price target of $422.71.

Watsco Trading Up 0.6%

NYSE:WSO opened at $348.42 on Friday. Watsco has a 12 month low of $323.05 and a 12 month high of $535.40. The stock has a market capitalization of $14.13 billion, a price-to-earnings ratio of 27.22 and a beta of 1.01. The firm has a fifty day simple moving average of $352.38 and a two-hundred day simple moving average of $401.46.

Watsco (NYSE:WSO) last released its quarterly earnings data on Friday, November 7th. The construction company reported $3.98 earnings per share for the quarter. Watsco had a net margin of 7.04% and a return on equity of 16.48%. The company had revenue of $2.07 billion during the quarter.

Watsco Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Thursday, October 16th were given a dividend of $3.00 per share. The ex-dividend date of this dividend was Thursday, October 16th. This represents a $12.00 annualized dividend and a dividend yield of 3.4%. Watsco’s payout ratio is presently 93.75%.

Institutional Investors Weigh In On Watsco

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its holdings in Watsco by 62.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 468,875 shares of the construction company’s stock worth $238,329,000 after acquiring an additional 180,951 shares during the last quarter. Catalyst Funds Management Pty Ltd bought a new position in Watsco during the second quarter worth about $331,000. Legal & General Group Plc increased its stake in shares of Watsco by 1.0% in the second quarter. Legal & General Group Plc now owns 108,889 shares of the construction company’s stock worth $48,088,000 after purchasing an additional 1,122 shares in the last quarter. Voya Investment Management LLC raised its position in shares of Watsco by 23.1% in the first quarter. Voya Investment Management LLC now owns 16,218 shares of the construction company’s stock valued at $8,244,000 after purchasing an additional 3,045 shares during the period. Finally, Rockefeller Capital Management L.P. raised its position in shares of Watsco by 4.9% in the second quarter. Rockefeller Capital Management L.P. now owns 21,717 shares of the construction company’s stock valued at $9,591,000 after purchasing an additional 1,013 shares during the period. 89.71% of the stock is owned by hedge funds and other institutional investors.

About Watsco

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.