watsco, inc. (nyse:wso) is the largest distributor of heating, air conditioning, and refrigeration (hvac/r) products with 507 locations in 36 states, puerto rico, latin america and the caribbean. founded more than 50 years ago as a manufacturer of parts and components for hvac/r equipment, watsco entered the distribution segment in 1989 and has become the industry leader with sales of $2.0 billion in 2009. watsco has 4,000 employees assisting over 50,000 contractors who, in turn, service, repair or replace hvac/r systems. watsco meets contractor’s needs by supplying the products required for the four major industry segments: air conditioners, furnaces and related parts (50%) air movement products, including ductwork and insulation (25%) controls, including thermostats and air treatment systems (15%) refrigeration products (10%)
Company profile
Ticker
WSO, WSO.B
Exchange
Website
CEO
Albert Nahmad
Employees
Incorporated
Location
Fiscal year end
Ferguson ...
SEC CIK
Corporate docs
Subsidiaries
Acme Refrigeration LLC • Alert Labs Inc. • Baker Distributing Company LLC • Boreal International Corporation • Carrier Enterprise Canada, L.P. • Carrier Enterprise Mexico • Carrier Enterprise Servicios Mexico • Expert TTL Solutions S. de R.L. de C.V. • Carrier Enterprise, LLC • Carrier Enterprise Northeast, LLC ...
IRS number
590778222
WSO stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
2 Aug 24
8-K
Watsco Reports Record Sales, Enhanced Operating Efficiency and Strong Cash Flow During Second Quarter
30 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
6 Jun 24
424B5
Prospectus supplement for primary offering
3 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Watsco Reports Record First Quarter Sales, Record Cash Flow and Improving Business Trends Ahead of Summer Selling Season
24 Apr 24
8-K
Other Events
29 Mar 24
424B5
Prospectus supplement for primary offering
29 Mar 24
Transcripts
WSO
Earnings call transcript
2024 Q2
30 Jul 24
WSO
Earnings call transcript
2024 Q1
24 Apr 24
WSO
Earnings call transcript
2023 Q4
13 Feb 24
WSO
Earnings call transcript
2023 Q3
19 Oct 23
WSO
Earnings call transcript
2023 Q2
1 Aug 23
WSO
Earnings call transcript
2023 Q2
1 Aug 23
WSO
Earnings call transcript
2023 Q1
20 Apr 23
WSO
Earnings call transcript
2022 Q4
16 Feb 23
WSO
Earnings call transcript
2022 Q3
20 Oct 22
WSO
Earnings call transcript
2022 Q2
26 Jul 22
Latest ownership filings
4
Denise Dickins
5 Sep 24
SC 13G
FMR LLC
12 Aug 24
4
Denise Dickins
7 Aug 24
4
John Michael Custer
6 Jun 24
4
BARRY S LOGAN
14 May 24
4
John Alexander Macdonald
13 May 24
4
Denise Dickins
8 May 24
144
Notice of proposed sale of securities
7 May 24
144
Notice of proposed sale of securities
6 May 24
SC 13G/A
VANGUARD GROUP INC
10 Apr 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Cost of revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 224.85 mm | 224.85 mm | 224.85 mm | 224.85 mm | 224.85 mm | 224.85 mm |
Cash burn (monthly) | 18.00 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 67.60 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 157.25 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 8.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
89.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 768 |
Opened positions | 131 |
Closed positions | 78 |
Increased positions | 235 |
Reduced positions | 304 |
13F shares | Current |
---|---|
Total value | 15.73 tn |
Total shares | 35.98 mm |
Total puts | 77.70 k |
Total calls | 88.30 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 3.76 mm | $1.74 tn |
Vanguard | 3.48 mm | $1.61 tn |
FMR | 3.28 mm | $1.52 tn |
Kayne Anderson Rudnick Investment Management | 1.54 mm | $711.89 bn |
Baillie Gifford & Co | 1.42 mm | $657.73 bn |
Charles Schwab Investment Management | 1.19 mm | $551.62 bn |
STT State Street | 1.11 mm | $513.23 bn |
Blair William & Co | 801.15 k | $371.13 bn |
Capital World Investors | 739.02 k | $342.34 bn |
Geode Capital Management | 641.08 k | $296.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
3 Sep 24 | Dickins Denise | Common stock | Gift | Dispose G | No | No | 0 | 60 | 0.00 | 19,222 |
5 Aug 24 | Dickins Denise | Common stock | Gift | Dispose G | No | No | 0 | 440 | 0.00 | 19,282 |
6 Jun 24 | Custer John Michael | Common stock | Option exercise | Acquire M | No | No | 260.28 | 1,666 | 433.63 k | 1,666 |
6 Jun 24 | Custer John Michael | Stock Option Common stock | Option exercise | Dispose M | No | No | 260.28 | 1,666 | 433.63 k | 0 |
10 May 24 | Barry S Logan | Common stock | Sell | Dispose S | Yes | No | 473.8492 | 774 | 366.76 k | 1,770 |
9 May 24 | John Alexander Macdonald | Common stock | Sell | Dispose S | No | No | 467.8267 | 5 | 2.34 k | 0 |
9 May 24 | John Alexander Macdonald | Common stock | Sell | Dispose S | No | No | 466.7756 | 647 | 302.00 k | 0 |
9 May 24 | John Alexander Macdonald | Common stock | Sell | Dispose S | No | No | 465.7475 | 2,682 | 1.25 mm | 0 |
9 May 24 | John Alexander Macdonald | Common stock | Option exercise | Acquire M | No | No | 260.28 | 3,334 | 867.77 k | 0 |
9 May 24 | John Alexander Macdonald | Common stock | Sell | Dispose S | No | No | 465.43 | 1,000 | 465.43 k | 0 |
News
$100 Invested In Watsco 5 Years Ago Would Be Worth This Much Today
22 Oct 24
Baird Maintains Outperform on Watsco, Raises Price Target to $550
16 Oct 24
Here's How Much You Would Have Made Owning Watsco Stock In The Last 10 Years
6 Sep 24
Here's Why Investor Should Retain Watsco Stock for Now
26 Aug 24
$100 Invested In Watsco 10 Years Ago Would Be Worth This Much Today
19 Aug 24
Press releases
Watsco Schedules Third Quarter Earnings Conference Call on Wednesday, October 23, 2024
15 Oct 24
Watsco Declares $2.70 Quarterly Dividend
1 Oct 24
Watsco to Present at the 12th Annual Morgan Stanley Laguna Conference on September 11, 2024 at 3:10 p.m. PDT
9 Sep 24
Watsco Reports Record Sales, Enhanced Operating Efficiency and Strong Cash Flow During Second Quarter
30 Jul 24