Rep. Val T. Hoyle Sells Off Shares of Watsco, Inc. (NYSE:WSO)

Key Points

• Rep. Val T. Hoyle sold between $1,001 and $15,000 in shares of Watsco, Inc. (NYSE: WSO) on September 23rd, as disclosed in a filing on October 10th.
• Watsco's quarterly earnings reported an EPS of $4.52, missing the consensus estimate of $4.84, while revenue declined 3.6% compared to the previous year.
• The firm has declared a $3.00 quarterly dividend to be paid on October 31st, representing a 3.3% yield and a high payout ratio of 92.02%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Watsco, Inc. NYSE: WSO. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Watsco stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Watsco Price Performance

WSO opened at $366.64 on Friday. The stock has a market capitalization of $14.87 billion, a price-to-earnings ratio of 28.12 and a beta of 0.94. The business has a 50-day moving average of $403.95 and a two-hundred day moving average of $445.25. Watsco, Inc. has a 12 month low of $366.30 and a 12 month high of $571.41.

Watsco (NYSE:WSO - Get Free Report) last posted 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 business had revenue of $2.06 billion during the quarter, compared to analysts' expectations of $2.24 billion. Watsco had a net margin of 7.08% and a return on equity of 16.96%. The firm's quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the firm earned $4.49 EPS. Equities research analysts anticipate that Watsco, Inc. will post 14.62 earnings per share for the current year.

Watsco Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Thursday, October 16th will be issued a $3.00 dividend. The ex-dividend date is Thursday, October 16th. This represents a $12.00 annualized dividend and a yield of 3.3%. Watsco's payout ratio is 92.02%.

Hedge Funds Weigh In On Watsco

Hedge funds and other institutional investors have recently bought and sold shares of the stock. OneDigital Investment Advisors LLC acquired a new position in Watsco during the 1st quarter worth approximately $266,000. Goldman Sachs Group Inc. lifted its position in Watsco by 62.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 468,875 shares of the construction company's stock worth $238,329,000 after acquiring an additional 180,951 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Watsco during the 1st quarter worth approximately $2,588,000. Golden State Wealth Management LLC lifted its position in Watsco by 109.4% during the 1st quarter. Golden State Wealth Management LLC now owns 222 shares of the construction company's stock worth $113,000 after acquiring an additional 116 shares in the last quarter. Finally, Voya Investment Management LLC lifted its position in Watsco by 23.1% during the 1st quarter. Voya Investment Management LLC now owns 16,218 shares of the construction company's stock worth $8,244,000 after acquiring an additional 3,045 shares in the last quarter. 89.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on WSO. UBS Group lowered their price target on Watsco from $450.00 to $425.00 and set a "neutral" rating for the company in a report on Tuesday, September 23rd. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Watsco in a research note on Wednesday. Finally, Morgan Stanley reduced their price objective on Watsco from $505.00 to $460.00 and set an "equal weight" rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Watsco currently has an average rating of "Hold" and a consensus target price of $472.50.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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.

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