Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 300,000 contractors and technicians visit or call one of its 600 locations each year to get information, obtain technical support and buy products. HVAC/R products provide comfort to homes and businesses regardless of the outdoor climate. Older systems often operate below today's government mandated energy efficiency and environmental standards. Watsco has an opportunity to accelerate the replacement of these systems at a scale greater than its competitors as the movement toward reducing energy consumption and its environmental impact continues. This is especially important since heating and cooling accounts for approximately half of the energy consumed in a typical U.S. home.

Company profile
Ticker
WSO, WSO.B
Exchange
Website
CEO
Albert Nahmad
Employees
Incorporated
Location
Fiscal year end
Sector
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)
8-K
Entry into a Material Definitive Agreement
22 Mar 23
10-K
2022 FY
Annual report
24 Feb 23
8-K
Watsco Reports Record Fourth Quarter and Record 2022 Performance
16 Feb 23
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Watsco Reports Record-Breaking Third Quarter
20 Oct 22
UPLOAD
Letter from SEC
29 Aug 22
CORRESP
Correspondence with SEC
26 Aug 22
UPLOAD
Letter from SEC
18 Aug 22
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Watsco Reports Record-Breaking Second Quarter
26 Jul 22
Transcripts
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
WSO
Earnings call transcript
2022 Q1
21 Apr 22
WSO
Earnings call transcript
2021 Q4
10 Feb 22
WSO
Earnings call transcript
2021 Q3
20 Oct 21
WSO
Earnings call transcript
2021 Q2
22 Jul 21
WSO
Earnings call transcript
2021 Q1
22 Apr 21
WSO
Earnings call transcript
2020 Q4
11 Feb 21
WSO
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 556 |
Opened positions | 95 |
Closed positions | 63 |
Increased positions | 209 |
Reduced positions | 171 |
13F shares | Current |
---|---|
Total value | 8.22 tn |
Total shares | 33.79 mm |
Total puts | 37.50 k |
Total calls | 47.30 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.02 mm | $1.00 tn |
Vanguard | 3.21 mm | $800.63 bn |
Baillie Gifford & Co | 2.18 mm | $543.96 bn |
Kayne Anderson Rudnick Investment Management | 1.64 mm | $408.53 bn |
Charles Schwab Investment Management | 1.36 mm | $329.40 bn |
FMR | 1.16 mm | $288.59 bn |
Capital World Investors | 1.07 mm | $268.06 bn |
STT State Street | 925.84 k | $230.91 bn |
Blair William & Co | 709.55 k | $176.96 bn |
Wellington Management | 681.92 k | $170.07 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Mar 23 | Nahmad Albert H | Common stock | Other | Acquire J | Yes | No | 249.4 | 30 | 7.48 k | 30 |
13 Mar 23 | Menendez Ana M | Common stock | Other | Acquire J | Yes | No | 249.4 | 30 | 7.48 k | 1,511 |
13 Mar 23 | Barry S Logan | Common stock | Other | Acquire J | Yes | No | 249.4 | 30 | 7.48 k | 2,526 |
13 Mar 23 | Nahmad Aaron J | Common stock | Other | Acquire J | Yes | No | 249.4 | 30 | 7.48 k | 464 |
27 Feb 23 | Custer John Michael | Common stock | Payment of exercise | Dispose F | No | No | 304.99 | 1,422 | 433.70 k | 245 |
27 Feb 23 | Custer John Michael | Common stock | Option exercise | Acquire M | No | No | 260.28 | 1,667 | 433.89 k | 0 |
27 Feb 23 | Custer John Michael | Common stock | Payment of exercise | Dispose F | No | No | 304.99 | 1,435 | 437.66 k | 1,065 |
27 Feb 23 | Custer John Michael | Common stock | Option exercise | Acquire M | No | No | 175.07 | 2,500 | 437.68 k | 0 |
27 Feb 23 | Custer John Michael | Common stock | Payment of exercise | Dispose F | No | No | 304.99 | 2,634 | 803.34 k | 2,366 |
27 Feb 23 | Custer John Michael | Common stock | Option exercise | Acquire M | No | No | 160.69 | 5,000 | 803.45 k | 0 |
News
These 3 Industrials Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
13 Mar 23
Stephens & Co. Maintains Overweight on Watsco, Raises Price Target to $375
21 Feb 23
Baird Maintains Outperform on Watsco, Raises Price Target to $350
17 Feb 23
Keybanc Maintains Overweight on Watsco, Raises Price Target to $365
17 Feb 23
12 Industrials Stocks Moving In Thursday's Intraday Session
16 Feb 23
Press releases
Watsco Completes $600 Million Unsecured Credit Facility
17 Mar 23
Watsco to Present at the J.P. Morgan 2023 Industrials Conference on March 15, 2023
14 Mar 23
Watsco Reports Record Fourth Quarter and Record 2022 Performance
16 Feb 23
Watsco to Host 2022 Earnings Call February 16, 2023
20 Jan 23
Watsco Boosts Annual Dividend 11% to $9.80 Per Share
3 Jan 23