Watsco (WSO) to Release Quarterly Earnings on Wednesday

Watsco (NYSE:WSO) is expected to post 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 check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

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

Watsco Stock Up 0.5%

WSO opened at $363.85 on Tuesday. The company has a market cap of $14.79 billion, a PE ratio of 30.19 and a beta of 1.02. Watsco has a twelve month low of $323.05 and a twelve month high of $491.55. The company has a 50-day moving average price of $383.81 and a 200 day moving average price of $393.54.

Watsco Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Thursday, July 16th will be issued a $3.30 dividend. This represents a $13.20 annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, July 16th. Watsco’s payout ratio is presently 109.54%.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bamco Inc. NY acquired a new position in shares of Watsco during the 4th quarter valued at about $35,000. Quarry LP purchased a new stake in shares of Watsco in the fourth quarter valued at about $37,000. Resources Management Corp CT ADV increased its position in Watsco by 150.0% during the fourth quarter. Resources Management Corp CT ADV now owns 125 shares of the construction company’s stock worth $42,000 after purchasing an additional 75 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Watsco during the fourth quarter worth about $59,000. Finally, Headlands Technologies LLC purchased a new position in Watsco during the second quarter worth about $121,000. Hedge funds and other institutional investors own 89.71% of the company’s stock.

About Watsco

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.