Capital Advisors Inc. OK Buys 3,529 Shares of Watsco, Inc. $WSO

Key Points

• Capital Advisors Inc. OK boosted its stake in Watsco, Inc. (NYSE: WSO) by 5.6%, buying 3,529 shares to hold 66,377 shares valued at about $22.37 million (≈0.16% of the company).
• Watsco reported quarterly EPS of $1.68 and revenue of $1.58 billion, missing estimates ($1.94 EPS, $1.62B revenue) with revenue down 9.9% year‑over‑year.
• The company recently paid a quarterly dividend of $3.00 ($12.00 annualized, ~3.3% yield) with a payout ratio of 99.09%, while analysts are mostly neutral—average rating "Hold" and average price target $409.

Capital Advisors Inc. OK boosted its stake in Watsco, Inc. (NYSE:WSO - Free Report) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,377 shares of the construction company's stock after purchasing an additional 3,529 shares during the quarter. Capital Advisors Inc. OK owned about 0.16% of Watsco worth $22,366,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in WSO. SJS Investment Consulting Inc. boosted its position in shares of Watsco by 2,366.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 74 shares of the construction company's stock worth $30,000 after purchasing an additional 71 shares in the last quarter. TruNorth Capital Management LLC acquired a new stake in shares of Watsco in the 3rd quarter valued at about $37,000. Capital A Wealth Management LLC increased its position in Watsco by 4,700.0% in the 2nd quarter. Capital A Wealth Management LLC now owns 96 shares of the construction company's stock valued at $41,000 after buying an additional 94 shares in the last quarter. Steigerwald Gordon & Koch Inc. bought a new stake in Watsco in the 3rd quarter valued at about $49,000. Finally, First Horizon Corp bought a new position in Watsco in the third quarter worth approximately $51,000. Institutional investors and hedge funds own 89.71% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WSO shares. UBS Group started coverage on Watsco in a report on Monday, January 5th. They issued a "neutral" rating and a $370.00 price target on the stock. Mizuho set a $425.00 price objective on Watsco in a report on Wednesday, February 18th. Zacks Research upgraded Watsco from a "strong sell" rating to a "hold" rating in a report on Wednesday, February 25th. JPMorgan Chase & Co. lifted their price target on shares of Watsco from $370.00 to $400.00 and gave the company a "neutral" rating in a research report on Thursday, February 19th. Finally, KeyCorp restated a "sector weight" rating on shares of Watsco in a research note on Friday, December 12th. One investment analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $409.00.

Watsco Stock Performance

WSO stock opened at $363.23 on Wednesday. The business has a 50-day simple moving average of $393.19 and a two-hundred day simple moving average of $373.60. The company has a market capitalization of $14.75 billion, a P/E ratio of 29.99 and a beta of 1.03. Watsco, Inc. has a 52-week low of $323.05 and a 52-week high of $521.09.

Watsco (NYSE:WSO - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The construction company reported $1.68 EPS for the quarter, missing the consensus estimate of $1.94 by ($0.26). The company had revenue of $1.58 billion during the quarter, compared to analysts' expectations of $1.62 billion. Watsco had a return on equity of 15.49% and a net margin of 6.87%.The business's revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period last year, the company earned $2.37 earnings per share. As a group, sell-side analysts forecast that Watsco, Inc. will post 14.62 earnings per share for the current fiscal year.

Watsco Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were paid a dividend of $3.00 per share. The ex-dividend date was Friday, January 16th. This represents a $12.00 annualized dividend and a yield of 3.3%. Watsco's dividend payout ratio (DPR) is 99.09%.

Watsco 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.

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