New insider activity at Watsco ( (WSO) ) has taken place on March 8, 2025.
Director Cesar Alvarez recently sold 2,100 shares of Watsco stock, generating a total of $1,049,259 from the transaction.
Recent Updates on WSO stock
In the last 24 hours, Watsco Inc. has seen positive developments following its Q4 earnings report, which exceeded expectations with a reported EPS of $2.37 against a consensus of $2.19. The company announced record sales and earnings, driven by strong growth in equipment and residential products, and an 11% increase in its annual dividend to $12 per share. Analysts at Loop Capital and Baird raised their price targets for Watsco, citing impressive volume growth, effective SG&A control, and strategic growth initiatives including technology and e-commerce expansion. The transition to A2L refrigerant products is ongoing, with expectations to complete by mid-2025, which is anticipated to further enhance market positioning. Despite some challenges in non-equipment sales due to commodity price fluctuations, the company’s robust financial health and strategic focus on digital transformation and acquisitions position it well for future growth.
More about Watsco
YTD Price Performance: 3.70%
Average Trading Volume: 243,332
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.27B