What is William Blair's Estimate for Watsco FY2026 Earnings?

Watsco, Inc. (NYSE:WSO - Free Report) - William Blair issued their FY2026 earnings estimates for shares of Watsco in a report issued on Wednesday, October 23rd. William Blair analyst R. Merkel expects that the construction company will post earnings per share of $16.50 for the year. The consensus estimate for Watsco's current full-year earnings is $13.78 per share.

Watsco (NYSE:WSO - Get Free Report) last released its earnings results 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 for the quarter, compared to analyst estimates of $2.24 billion. Watsco had a net margin of 7.02% and a return on equity of 18.55%. The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the previous year, the business posted $4.35 EPS.

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

Watsco Price Performance

Shares of WSO traded down $2.37 during mid-day trading on Friday, hitting $475.90. The company's stock had a trading volume of 141,261 shares, compared to its average volume of 290,810. The firm has a 50-day moving average price of $481.96 and a 200 day moving average price of $473.32. The stock has a market capitalization of $19.18 billion, a price-to-earnings ratio of 36.78 and a beta of 0.88. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.21 and a quick ratio of 1.55. Watsco has a fifty-two week low of $340.52 and a fifty-two week high of $520.41.

Institutional Trading of Watsco

Several institutional investors have recently made changes to their positions in WSO. EntryPoint Capital LLC boosted its holdings in shares of Watsco by 100.0% during the first quarter. EntryPoint Capital LLC now owns 58 shares of the construction company's stock worth $25,000 after purchasing an additional 29 shares during the period. Quarry LP bought a new position in Watsco during the second quarter worth $26,000. ORG Partners LLC bought a new stake in Watsco in the 1st quarter valued at $31,000. Tortoise Investment Management LLC boosted its stake in shares of Watsco by 76.2% in the 2nd quarter. Tortoise Investment Management LLC now owns 74 shares of the construction company's stock valued at $34,000 after purchasing an additional 32 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its stake in shares of Watsco by 52.6% in the 1st quarter. Salomon & Ludwin LLC now owns 87 shares of the construction company's stock valued at $38,000 after purchasing an additional 30 shares in the last quarter. 89.71% of the stock is currently owned by institutional investors and hedge funds.

Watsco Announces Dividend

The company 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 $2.70 dividend. This represents a $10.80 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Wednesday, October 16th. Watsco's payout ratio is 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.