News · 26 weeks12+100%
2026-04-192026-10-11
Mix790d
- Other3(43%)
- Earnings2(29%)
- Dividends1(14%)
- Leadership1(14%)
Latest news
25 items- PRBBH Capital Partners Private Equity Exits The Granite GroupBBH Capital Partners Private Equity (BBHCP) today announced the successful exit of its investment in The Granite Group (Granite), a diversified distributor of plumbing and HVAC products, in connection with Granite’s agreement to be acquired by Watsco, Inc. (NYSE:WSO). Founded in 1971 and headquartered in Concord, New Hampshire, Granite is a third-generation, family-led distributor serving customers across New Hampshire, Vermont, Maine, Massachusetts, Connecticut, Rhode Island, and New York. The company serves approximately 11,000 customers across 82 locations and offers approximately 29,000 SKUs sourced from more than 450 vendors. Since 2010, Granite has achieved approximately 10% compo
- PRWatsco Completes Acquisition of The Granite Group, Distributor of Plumbing and HVAC Products with $500 Million in Revenue Throughout the NortheastMIAMI, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has completed the previously announced acquisition of The Granite Group, a diversified distributor of plumbing and HVAC products with approximately $500 million in sales throughout seven Northeast States. Watsco’s ownership culture, scale, OEM relationships and industry-leading technologies are now available to Granite’s leadership team and customers to help them accelerate beyond their impressive track record of growth. Founded in 1971 and headquartered in Concord, New Hampshire, The Granite Group is a third-generation, family-led distributor serving customers across seven states in New Hampshire, Ve
- PRWatsco Schedules Third Quarter Conference Call On Tuesday, October 27, 2026 at 10:00 a.m. (EDT)MIAMI, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2026 third quarter results on Tuesday, October 27, 2026 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be webcast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on October 27, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call
- PRWatsco Declares $3.30 Quarterly DividendMIAMI, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.’s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.30 on each outstanding share of its Common and Class B common stock payable on October 30, 2026 to shareholders of record at the close of business on October 16, 2026. Watsco has paid dividends to shareholders for 52 consecutive years. The Company’s philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions, and Watsco’s overall financial
- PRWatsco to Present at the 14th Annual Morgan Stanley Laguna Conference on September 16, 2026 at 4:05 p.m. PDTMIAMI, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Executive Vice President, and Rick Gomez, Vice President, are scheduled to present at the 14th Annual Morgan Stanley Laguna Conference being held at the Ritz Carlton, Laguna Niguel on Wednesday, September 16, 2025 at 4:05 p.m. (PDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco’s website at http://www.watsco.com. About Watsco Watsco is the largest distributor in the highly fragmented North American HVAC/R market. Watsco’s solid financial position and culture of innovation has enabled investments in long-term growth, includin
- PRBloomberg 500 (B500) Index Adds Ten Securities Following September ReconstitutionNEW YORK, Aug. 26, 2026 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index, effective prior to the open of trading on Thursday, September 10, 2026, to coincide with the September reconstitution of the index. The B500 contains 500 of the most highly capitalized US companies, weighted by float-adjusted market capitalization, representing more than USD 60 trillion in aggregate market capitalization. Ten new firms will enter the index: Revolution Medicines Inc. (RVMD UW Equity), Flex Ltd. (FLEX UW Equity), Credo Technology Group Holding Ltd (CRDO UW Equity), Casey's General Stores In
- PRWatsco Second Quarter Results Reflect Further Industry Stabilization, Strong E-Commerce Sales Growth and Continued Operating EfficiencyJackson Supply Acquisition Adds Density to Key Sunbelt Markets;Entrepreneurial Culture and Debt-Free Balance Sheet Positions Company for Growth MIAMI, July 29, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) today announced its operating results for the quarter and six months ended June 30, 2026. Watsco is the largest distributor in the highly fragmented North American HVAC market. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses. During the second quarter, Watsco closed on the acquisition of Jackson Supply Company, a market-lea
- PRWatsco Schedules Second Quarter Conference Call on Wednesday, July 29, 2026 at 10:00 a.m. (EDT)MIAMI, July 16, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2026 second quarter results on Wednesday, July 29, 2026 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team. The conference call will be webcast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on July 29, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call
- ANALYSTDA Davidson initiated coverage on Watsco with a new price targetDA Davidson initiated coverage of Watsco with a rating of Neutral and set a new price target of $385.00
- PRWatsco Completes Acquisition of Jackson Supply CompanyMIAMI, June 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today the closing of its acquisition of Jackson Supply Company. Jackson Supply has been a cornerstone of the HVAC distribution industry for more than 50 years, growing from its founding in 1972 into one of the Sunbelt's largest and most respected independent distributors, with $230 million in sales in 2025. This investment represents a meaningful expansion of Watsco's footprint across the Sunbelt, adding 25 locations and approximately 5,000 contractor customers across Texas, Louisiana, Tennessee, Alabama, Mississippi, Oklahoma and Arizona — some of the fastest-growing markets in the United States. Importantly, Jac
- PRWatsco First Quarter Performance Reflects Stabilizing Markets, Improved Operating Efficiency and Expanded Technology AdoptionMIAMI, April 28, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) today announced its operating results for the first quarter ended March 31, 2026. Watsco also announced that it has entered into an agreement to acquire Jackson Supply Company, one of the largest Sunbelt HVAC distributors, with annual sales of $230 million. The transaction is expected to close in the second quarter of 2026, pending completion of customary closing conditions. Following closing, Jackson Supply will continue to be led by its existing management team, in keeping with Watsco's long-standing approach of investing in great leaders and successful cultures. Watsco is the largest distributor in the highly fragmented
- PRWatsco To Acquire Jackson Supply Company$230 Million Distributor Adds 25 Locations in Core Sunbelt Markets Buy-and-Build Opportunity Adds Scale and Leverages Long-Term Technology Advantage MIAMI, April 28, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today the signing of a definitive agreement to acquire Jackson Supply Company. Founded in 1972, Jackson Supply Company is one of the Sunbelt's largest HVAC distributors with sales of $230 million in 2025. The Company serves approximately 5,000 customers from 25 locations in high-growth Sunbelt markets such as Texas, Louisiana, Tennessee, Alabama, Mississippi, Oklahoma and Arizona. Its diversified, balanced product offering includes Goodman and Amana brand HVAC equipm
- PRWatsco Schedules First Quarter Conference Call On Tuesday, April 28, 2026MIAMI, April 10, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2026 first quarter results on Tuesday, April 28, 2026 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be webcast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on April 28, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by
- PRWatsco Declares $3.30 Quarterly DividendMIAMI, April 01, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.30 on each outstanding share of its Common and Class B common stock payable on April 30, 2026 to shareholders of record at the close of business on April 16, 2026. This marks a 10% increase to an annual rate of $13.20 per share. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, reflecting our continued confidence in our business, which is fundamentally supported by our strong balance sheet." Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share c
- PRWatsco to Participate in the J.P. Morgan Industrials Conference on March 17, 2026 at 10:10 a.m.MIAMI, March 16, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) today announced its participation in the upcoming J.P. Morgan 2026 Industrials Conference. Barry Logan, Executive Vice President, and Rick Gomez, Vice President, will participate in a fireside chat at the event on Tuesday, March 17, 2026 at 10:10 a.m. (EDT). A live webcast of the event will be available in the Investor Relations section of Watsco's website at https://investors.watsco.com/events. About Watsco Watsco is the largest distributor in the highly-fragmented North American HVAC/R market. Since entering distribution in 1989, Watsco has achieved a 17% compounded annual total-shareholder return through a combination
- PRWatsco Reports Record Full-Year Gross Margin, Meets Inventory Reduction Target and Generates Record 4th Quarter Cash Flow in Challenging Market ConditionsBoosts Annual Dividend 10% to $13.20 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Positions Company for Growth MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the full-year and fourth quarter period ended December 31, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco also announced today a 10% increase in its annual dividend to $13.20 per share effective with its next regular dividend payment in April 2026. This year marks Watsco's 52nd consecutive year of paying dividends. Watsco is the large
- PRWatsco Boosts Annual Dividend 10% to $13.20 Per ShareMIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet." Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends whi
- PRWatsco Schedules Conference Call to Review 2025 Fourth Quarter Performance and Annual ResultsMIAMI, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2025 fourth quarter performance and annual results on Tuesday, February 17, 2026 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on February 17, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-regist
- ANALYSTUBS resumed coverage on Watsco with a new price targetUBS resumed coverage of Watsco with a rating of Neutral and set a new price target of $370.00
- PRWatsco Declares $3.00 Quarterly DividendMIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026. Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
- PRWatsco Reports Record Third Quarter Gross Profit, Gross Margin and Operating Cash Flow in Challenging Market ConditionsMIAMI, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the third quarter and nine-month period ended September 30, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses. The Company maintains a solid financial position with currently more than $640
- PRWatsco to Host Investor Day to Showcase Transformational Technologies and New Strategies that Enhance Long-Term Growth and ProfitabilityMIAMI, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today it will hold a meeting for institutional investors and analysts on Thursday December 11, 2025 in Coral Gables, Florida. The event will begin at 9:00 a.m. Eastern Time and will be webcast live on the Company's website www.watsco.com. Attendees interesting in joining the event in person are asked to email ir@watsco.com for additional details. Watsco has transformed the HVAC/R distribution landscape with leading-edge technologies that have elevated the customer experience and created the industry's leading digital ecosystem for HVAC/R contractors, resulting in new customer acquisition and market share gains. In
- ANALYSTWatsco downgraded by William BlairWilliam Blair downgraded Watsco from Outperform to Mkt Perform
- PRWatsco Schedules Third Quarter Earnings Call on October 29, 2025MIAMI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it will host its third quarter 2025 conference call on Wednesday, October 29, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link on our website at www.watsco.com. The earnings results will be released before the market opens on October 29, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Particip
- PRWatsco Declares $3.00 Quarterly DividendMIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on October 31, 2025 to shareholders of record at the close of business on October 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
WSO FAQ
7 questionsWhat does Watsco Inc. do?
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment; and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. It offers residential ducted and ductless air conditioners, including gas, electric, and oil furnaces; commercial air conditioning and heating equipment systems; and other specialized equipment. The company also provides parts comprising replacement compressors, evaporator coils, motors, and other component parts; and supplies, such as thermostats, insulation materials, refrigerants, ductworks...Where does WSO stock trade?
Watsco Inc. (WSO) is listed on NYSE.What sector and industry is WSO in?
Watsco Inc. operates in the Consumer Discretionary sector, Industrial Machinery/Components industry.Does WSO pay a dividend?
WSO's most recent ex-dividend date was 2026-10-16 with a cash dividend of $3.30 per share. No future ex-date is on file yet.What are analysts saying about WSO?
Watsco Inc. has had 8 recent analyst actions on file. The most recent action was from DA Davidson: Neutral on 2026-06-16.What companies are similar to WSO?
Notable peers in the same industry include ASML (ASML Holding N.V. New York Registry Shares), LRCX (Lam Research Corporation), TMO (Thermo Fisher Scientific Inc), DE (Deere & Company), DHR (Danaher Corporation). Compare WSO side-by-side with any of them on Quantisnow.How can I track WSO on Quantisnow?
Quantisnow aggregates Watsco Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow WSO to receive live email and push alerts on every new disclosure.