Watsco (WSO) to Announce Earnings on Wednesday

Watsco (NYSE:WSO) is anticipated to release its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $4.38 per share and revenue of $2.1428 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

Watsco (NYSE:WSO) last announced its earnings results on Tuesday, April 28th. The construction company reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.73 by $0.14. Watsco had a return on equity of 15.31% and a net margin of 6.85%.The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the company earned $1.93 earnings per share. The company’s revenue for the quarter was up .1% compared to the same quarter last year. On average, analysts expect Watsco to post $13 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Watsco Stock Performance

NYSE:WSO opened at $362.43 on Monday. Watsco has a one year low of $323.05 and a one year high of $493.66. The business’s 50-day simple moving average is $384.38 and its 200 day simple moving average is $393.49. The stock has a market cap of $14.74 billion, a price-to-earnings ratio of 30.08 and a beta of 1.02.

Watsco Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Thursday, July 16th will be paid a dividend of $3.30 per share. This represents a $13.20 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date is Thursday, July 16th. Watsco’s dividend payout ratio (DPR) is 109.54%.

Institutional Trading of Watsco

Several institutional investors and hedge funds have recently bought and sold shares of the company. Invesco Ltd. increased its holdings in shares of Watsco by 6.6% in the 4th quarter. Invesco Ltd. now owns 78,336 shares of the construction company’s stock valued at $26,395,000 after acquiring an additional 4,863 shares during the last quarter. Corient Private Wealth LLC lifted its stake in Watsco by 202.6% during the fourth quarter. Corient Private Wealth LLC now owns 472,182 shares of the construction company’s stock worth $159,102,000 after purchasing an additional 316,129 shares during the last quarter. Delta Global Management LP lifted its stake in Watsco by 12.0% during the fourth quarter. Delta Global Management LP now owns 7,177 shares of the construction company’s stock worth $2,418,000 after purchasing an additional 769 shares during the last quarter. Empowered Funds LLC boosted its holdings in Watsco by 86.3% in the fourth quarter. Empowered Funds LLC now owns 1,867 shares of the construction company’s stock worth $629,000 after purchasing an additional 865 shares during the period. Finally, Voloridge Investment Management LLC boosted its holdings in Watsco by 89.5% in the fourth quarter. Voloridge Investment Management LLC now owns 120,497 shares of the construction company’s stock worth $40,601,000 after purchasing an additional 56,898 shares during the period. Institutional investors and hedge funds own 89.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on WSO shares. Weiss Ratings restated a “hold (c)” rating on shares of Watsco in a report on Friday, June 26th. Wall Street Zen upgraded Watsco from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Stephens raised their price target on shares of Watsco from $475.00 to $485.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Morgan Stanley lifted their price target on shares of Watsco from $370.00 to $405.00 and gave the stock an “equal weight” rating in a research note on Friday, July 10th. Finally, DA Davidson started coverage on shares of Watsco in a report on Tuesday, June 16th. They issued a “neutral” rating and a $385.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $402.71.

Watsco Company Profile

Watsco, Inc is the largest distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment, parts and supplies in the United States. Headquartered in Miami, Florida, the company operates a network of more than 600 branches across the continental U.S., Canada and Puerto Rico. Watsco serves residential and commercial contractors by providing essential components for climate control systems, including air conditioners, furnaces, heat pumps, coils, refrigerants, controls and electrical and piping supplies.

Founded in 1947, Watsco has grown from a single regional distributor into an industry leader through a combination of organic expansion, acquisitions and strategic partnerships with original equipment manufacturers such as Carrier, Trane, Goodman and Lennox.