What is Zacks Research’s Estimate for Watsco Q1 Earnings?

Watsco, Inc. (NYSE:WSO) – Research analysts at Zacks Research raised their Q1 2025 earnings per share estimates for shares of Watsco in a research note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the construction company will post earnings per share of $2.27 for the quarter, up from their previous estimate of $2.25. The consensus estimate for Watsco’s current full-year earnings is $14.62 per share. Zacks Research also issued estimates for Watsco’s Q3 2026 earnings at $5.32 EPS, Q4 2026 earnings at $2.85 EPS and FY2026 earnings at $15.93 EPS.

Several other analysts have also recently weighed in on the company. Loop Capital lifted their price target on Watsco from $450.00 to $460.00 and gave the stock a “hold” rating in a report on Thursday, February 27th. Robert W. Baird upped their target price on Watsco from $540.00 to $560.00 and gave the company an “outperform” rating in a research report on Wednesday, February 19th. Northcoast Research started coverage on Watsco in a research report on Friday, November 22nd. They set a “neutral” rating for the company. Finally, Raymond James started coverage on Watsco in a research report on Friday, January 17th. They set a “market perform” rating for the company. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $486.25.

Watsco Trading Up 3.4 %

NYSE:WSO opened at $508.47 on Friday. The stock has a market cap of $20.54 billion, a P/E ratio of 38.38 and a beta of 0.92. The stock has a 50 day simple moving average of $489.58 and a 200 day simple moving average of $495.15. Watsco has a 1-year low of $396.82 and a 1-year high of $571.42.

Watsco (NYSE:WSO) last released its quarterly earnings results on Tuesday, February 18th. The construction company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.13 by $0.24. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Watsco had a return on equity of 17.59% and a net margin of 7.04%.

Hedge Funds Weigh In On Watsco

A number of institutional investors have recently modified their holdings of the business. J. W. Coons Advisors LLC raised its holdings in shares of Watsco by 0.7% during the 3rd quarter. J. W. Coons Advisors LLC now owns 2,999 shares of the construction company’s stock worth $1,475,000 after buying an additional 20 shares in the last quarter. My Legacy Advisors LLC raised its holdings in shares of Watsco by 3.2% during the 4th quarter. My Legacy Advisors LLC now owns 687 shares of the construction company’s stock worth $329,000 after buying an additional 21 shares in the last quarter. Avidian Wealth Enterprises LLC increased its holdings in Watsco by 1.8% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,196 shares of the construction company’s stock worth $567,000 after purchasing an additional 21 shares in the last quarter. Centennial Wealth Advisory LLC increased its holdings in Watsco by 3.0% in the 4th quarter. Centennial Wealth Advisory LLC now owns 754 shares of the construction company’s stock worth $358,000 after purchasing an additional 22 shares in the last quarter. Finally, M&T Bank Corp increased its holdings in Watsco by 1.4% in the 4th quarter. M&T Bank Corp now owns 1,686 shares of the construction company’s stock worth $799,000 after purchasing an additional 23 shares in the last quarter. Institutional investors and hedge funds own 89.71% of the company’s stock.

Insider Transactions at Watsco

In other news, EVP Barry S. Logan sold 10,998 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $508.21, for a total transaction of $5,589,293.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 12.86% of the stock is owned by insiders.

Watsco Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 17th were issued a dividend of $2.70 per share. The ex-dividend date of this dividend was Friday, January 17th. This represents a $10.80 dividend on an annualized basis and a dividend yield of 2.12%. Watsco’s dividend payout ratio (DPR) is currently 81.51%.

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.