What is William Blair’s Estimate for Watsco FY2025 Earnings?

Watsco, Inc. (NYSE:WSO) – Equities researchers at William Blair increased their FY2025 earnings estimates for shares of Watsco in a report issued on Tuesday, September 2nd. William Blair analyst R. Merkel now anticipates that the construction company will post earnings of $13.50 per share for the year, up from their previous forecast of $13.35. The consensus estimate for Watsco’s current full-year earnings is $14.62 per share. William Blair also issued estimates for Watsco’s Q4 2025 earnings at $2.51 EPS, Q2 2026 earnings at $4.59 EPS, Q3 2026 earnings at $4.85 EPS, Q4 2026 earnings at $2.78 EPS, FY2026 earnings at $14.60 EPS and FY2027 earnings at $16.53 EPS.

WSO has been the topic of several other reports. UBS Group decreased their target price on shares of Watsco from $455.00 to $450.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 25th. JPMorgan Chase & Co. upped their target price on shares of Watsco from $445.00 to $460.00 and gave the company a “neutral” rating in a research report on Tuesday, May 27th. Wall Street Zen upgraded shares of Watsco from a “sell” rating to a “hold” rating in a research report on Friday, May 9th. Finally, Morgan Stanley set a $505.00 target price on shares of Watsco in a research report on Wednesday, July 2nd. One research analyst has rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $484.17.

Watsco Trading Up 1.2%

Shares of NYSE WSO opened at $408.41 on Friday. The firm’s 50-day moving average price is $439.49 and its 200-day moving average price is $464.03. The stock has a market capitalization of $16.56 billion, a price-to-earnings ratio of 31.32 and a beta of 0.95. Watsco has a 12-month low of $390.36 and a 12-month high of $571.41.

Watsco (NYSE:WSO) last announced its quarterly earnings results on Wednesday, July 30th. The construction company reported $4.52 EPS for the quarter, missing the consensus estimate of $4.84 by ($0.32). The company had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $2.24 billion. Watsco had a return on equity of 16.96% and a net margin of 7.08%.The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.49 EPS.

Watsco Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Investors of record on Wednesday, July 16th were issued a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a yield of 2.9%. The ex-dividend date was Wednesday, July 16th. Watsco’s dividend payout ratio is presently 92.02%.

Hedge Funds Weigh In On Watsco

Hedge funds have recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC grew its stake in Watsco by 0.5% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,557,610 shares of the construction company’s stock worth $791,734,000 after acquiring an additional 7,760 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Watsco by 2.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 1,485,996 shares of the construction company’s stock worth $656,036,000 after acquiring an additional 31,484 shares in the last quarter. Blair William & Co. IL grew its stake in Watsco by 5.7% in the 1st quarter. Blair William & Co. IL now owns 814,712 shares of the construction company’s stock worth $414,118,000 after acquiring an additional 43,776 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Watsco by 4.0% in the 1st quarter. JPMorgan Chase & Co. now owns 496,428 shares of the construction company’s stock worth $252,335,000 after acquiring an additional 18,958 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in Watsco by 89,376.0% in the 1st quarter. GAMMA Investing LLC now owns 477,802 shares of the construction company’s stock worth $242,867,000 after acquiring an additional 477,268 shares in the last quarter. 89.71% of the stock is currently owned by institutional investors.

About Watsco

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.