What is William Blair's Estimate for Watsco Q1 Earnings?

Watsco, Inc. (NYSE:WSO - Free Report) - Research analysts at William Blair boosted their Q1 2025 earnings per share estimates for Watsco in a report issued on Tuesday, February 18th. William Blair analyst R. Merkel now anticipates that the construction company will post earnings per share of $2.35 for the quarter, up from their prior estimate of $2.22. The consensus estimate for Watsco's current full-year earnings is $14.62 per share. William Blair also issued estimates for Watsco's Q3 2025 earnings at $5.01 EPS and FY2025 earnings at $14.90 EPS.

Watsco (NYSE:WSO - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The construction company reported $2.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.13 by $0.24. Watsco had a return on equity of 17.59% and a net margin of 7.04%. The company had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.67 billion.

A number of other equities research analysts have also recently issued reports on WSO. Robert W. Baird boosted their price objective on Watsco from $540.00 to $560.00 and gave the stock an "outperform" rating in a report on Wednesday. Raymond James began coverage on Watsco in a report on Friday, January 17th. They set a "market perform" rating for the company. Finally, Northcoast Research began coverage on Watsco in a report on Friday, November 22nd. They set a "neutral" rating for the company. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $495.00.

Watsco Trading Down 3.3 %

Shares of NYSE:WSO traded down $17.09 during trading on Thursday, reaching $498.12. 286,029 shares of the stock were exchanged, compared to its average volume of 248,613. Watsco has a 12 month low of $380.58 and a 12 month high of $571.41. The firm has a market cap of $20.11 billion, a PE ratio of 37.59 and a beta of 0.95. The stock has a 50-day moving average price of $484.75 and a 200-day moving average price of $492.16.

Institutional Investors Weigh In On Watsco

Hedge funds and other institutional investors have recently made changes to their positions in the business. Creative Planning raised its position in Watsco by 7.7% during the third quarter. Creative Planning now owns 5,212 shares of the construction company's stock valued at $2,564,000 after purchasing an additional 371 shares in the last quarter. Blue Trust Inc. raised its position in Watsco by 139.5% during the third quarter. Blue Trust Inc. now owns 527 shares of the construction company's stock valued at $244,000 after purchasing an additional 307 shares in the last quarter. Eastern Bank acquired a new position in Watsco during the third quarter valued at approximately $1,463,000. International Assets Investment Management LLC raised its position in Watsco by 48,984.7% during the third quarter. International Assets Investment Management LLC now owns 233,643 shares of the construction company's stock valued at $114,924,000 after purchasing an additional 233,167 shares in the last quarter. Finally, Impact Partnership Wealth LLC acquired a new position in Watsco during the third quarter valued at approximately $397,000. 89.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Barry S. Logan sold 10,998 shares of Watsco stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $508.21, for a total value of $5,589,293.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 12.86% of the stock is owned by company insiders.

Watsco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were given a $2.70 dividend. The ex-dividend date was Friday, January 17th. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.17%. Watsco's payout ratio is 81.51%.

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.