watsco, inc. (nyse:wso) is the largest distributor of heating, air conditioning, and refrigeration (hvac/r) products with 507 locations in 36 states, puerto rico, latin america and the caribbean. founded more than 50 years ago as a manufacturer of parts and components for hvac/r equipment, watsco entered the distribution segment in 1989 and has become the industry leader with sales of $2.0 billion in 2009. watsco has 4,000 employees assisting over 50,000 contractors who, in turn, service, repair or replace hvac/r systems. watsco meets contractor’s needs by supplying the products required for the four major industry segments: air conditioners, furnaces and related parts (50%) air movement products, including ductwork and insulation (25%) controls, including thermostats and air treatment systems (15%) refrigeration products (10%)
Company profile
Ticker
WSO, WSO.B
Exchange
Website
CEO
Albert Nahmad
Employees
Incorporated
Location
Fiscal year end
Ferguson ...
SEC CIK
Corporate docs
Subsidiaries
Acme Refrigeration LLC • Alert Labs Inc. • Baker Distributing Company LLC • Boreal International Corporation • Carrier Enterprise Canada, L.P. • Carrier Enterprise Mexico • Carrier Enterprise Servicios Mexico • Expert TTL Solutions S. de R.L. de C.V. • Carrier Enterprise, LLC • Carrier Enterprise Northeast, LLC ...
IRS number
590778222
WSO stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
23 Feb 24
8-K
Departure of Directors or Certain Officers
21 Feb 24
8-K
Watsco Reports Strong 2023 Performance Gaining Share in a Soft Market
13 Feb 24
424B5
Prospectus supplement for primary offering
3 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K/A
Submission of Matters to a Vote of Security Holders
19 Oct 23
8-K
Watsco Reports Record-Breaking Third Quarter
19 Oct 23
8-K
Unregistered Sales of Equity Securities
5 Sep 23
424B7
Prospectus with selling stockholder info
5 Sep 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
Transcripts
WSO
Earnings call transcript
2023 Q4
13 Feb 24
WSO
Earnings call transcript
2023 Q3
19 Oct 23
WSO
Earnings call transcript
2023 Q2
1 Aug 23
WSO
Earnings call transcript
2023 Q1
20 Apr 23
WSO
Earnings call transcript
2022 Q4
16 Feb 23
WSO
Earnings call transcript
2022 Q3
20 Oct 22
WSO
Earnings call transcript
2022 Q2
26 Jul 22
WSO
Earnings call transcript
2022 Q1
21 Apr 22
WSO
Earnings call transcript
2021 Q4
10 Feb 22
WSO
Earnings call transcript
2021 Q3
20 Oct 21
Latest ownership filings
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 670 |
Opened positions | 87 |
Closed positions | 72 |
Increased positions | 216 |
Reduced positions | 256 |
13F shares | Current |
---|---|
Total value | 13.38 tn |
Total shares | 35.50 mm |
Total puts | 333.30 k |
Total calls | 166.10 k |
Total put/call ratio | 2.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 4.12 mm | $1.56 tn |
Vanguard | 3.21 mm | $1.21 tn |
Baillie Gifford & Co | 1.88 mm | $710.53 bn |
Kayne Anderson Rudnick Investment Management | 1.66 mm | $625.48 bn |
FMR | 1.41 mm | $533.21 bn |
Charles Schwab Investment Management | 1.31 mm | $476.97 bn |
STT State Street | 1.10 mm | $415.25 bn |
Capital World Investors | 908.30 k | $343.08 bn |
Blair William & Co | 770.48 k | $291.02 bn |
Wellington Management | 648.66 k | $245.01 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Menendez Ana M | Common stock | Other | Acquire J | Yes | No | 428.47 | 19 | 8.14 k | 1,530 |
11 Mar 24 | Barry S Logan | Common stock | Other | Acquire J | Yes | No | 428.47 | 18 | 7.71 k | 2,544 |
11 Mar 24 | Nahmad Aaron J | Common stock | Other | Acquire J | Yes | No | 428.47 | 19 | 8.14 k | 483 |
11 Mar 24 | Nahmad Albert H | Common stock | Other | Acquire J | Yes | No | 428.47 | 19 | 8.14 k | 49 |
26 Feb 24 | Dickins Denise | Common stock | Gift | Dispose G | No | No | 0 | 202 | 0.00 | 13,783 |
Press releases
Watsco to Present at the J.P. Morgan 2024 Industrials Conference
8 Mar 24
Watsco Boosts Annual Dividend 10% to $10.80 Per Share
13 Feb 24
Watsco to Host 2023 Earnings Call February 13, 2024
6 Feb 24
Watsco Declares $2.45 Quarterly Dividend and Commemorates Paying Dividends for 50 Consecutive Years
2 Jan 24