WSO.B Watsco, Inc.

Watsco, Inc. engages in distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment, parts, including replacement compressors, evaporator coils, motors and other component parts; and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

Company profile

Ticker

WSO.B

Exchange

NYSE

Website

www.watsco.com

CEO

Albert H. Nahmad

Incorporated in

Florida

Location

Florida

Fiscal year end

Dec 31

Sector

Producer Manufacturing > Building Products

Industry (SEC)

Wholesale - Hardware & Plumbing & Heating Equipment & Supplies

SEC CIK

0000105016

Corporate docs

Articles of Incorporation & Bylaws

IRS number

590778222

WSO.B stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

7 May 20

3 Jul 20

31 Dec 20

News

Company financial data Financial data

Chart WSO.B financial data

Quarter (USD)	Sep 19	Jun 19	Mar 19	Dec 18
Revenue	1.39B	1.37B	931.28M	991.33M
Net income	99.66M	107.91M	43.8M	49M
Diluted EPS	2.2	2.4	0.88	1.02
Net profit margin	7.14%	7.87%	4.70%	4.94%
Operating income	125.32M	134.4M	55.13M	58.5M
Net change in cash	4.24M	-21.36M	-5.62M	15.28M
Cash on hand	60.15M	55.92M	77.27M	82.89M
Cost of revenue	1.06B	1.04B	697.52M	741.68M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	4.55B	4.34B	4.22B	4.11B
Net income	296.53M	257.29M	235.98M	226.52M
Diluted EPS	6.49	5.81	5.15	4.9
Net profit margin	6.52%	5.93%	5.59%	5.51%
Operating income	372.08M	353.87M	345.63M	336.75M
Net change in cash	2.4M	24.49M	20.78M	10.78M
Cash on hand	82.89M	80.5M	56.01M	35.23M
Cost of revenue	3.43B	3.28B	3.19B	3.11B

Financial data from Watsco earnings reports

Recent insider trades

WSO.B insider ownership history Insider history

Date	Owner	Security	Transaction	Code	$Price	#Shares	$Value	#Remaining
11 Jun 20	Sape George	Common Stock	Sell	Dispose S	175.2329	560	98.13K	7,471
1 Jun 20	Custer John Michael	Stock Option Common Stock	Grant	Aquire A	175.07	2,500	437.68K	2,500
1 Jun 20	Alvarez Cesar L	Stock Option Common Stock	Grant	Aquire A	175.07	2,500	437.68K	2,500
1 Jun 20	Rubin Steven	Stock Option Common Stock	Grant	Aquire A	175.07	3,500	612.75K	3,500
1 Jun 20	Keeley Brian E.	Stock Option Common Stock	Grant	Aquire A	175.07	3,500	612.75K	3,500

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

WSO.B institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	369	389	-5.1%
Opened positions	49	51	-3.9%
Closed positions	69	35	+97.1%
Increased positions	140	153	-8.5%
Reduced positions	132	122	+8.2%

13F shares	Current	Prev Q	Change
Total value	15.8B	14.91B	+6.0%
Total shares	30.78M	30.98M	-0.6%
Total puts	39.2K	22.8K	+71.9%
Total calls	39.4K	37.1K	+6.2%
Total put/call ratio	1.0	0.6	+61.9%

Largest owners	Shares	Value	Change
BLK BlackRock	3.66M	$578.28M	-3.3%
Vanguard	3.13M	$494.71M	+2.2%
Baillie Gifford & Co	1.6M	$253.51M	+0.1%
Capital World Investors	1.18M	$185.83M	-8.2%
Charles Schwab Investment Management	1.1M	$174.31M	+218.0%
Wellington Management	998.53K	$157.8M	-0.9%
NEU Neuberger Berman	890.3K	$140.73M	-7.7%
FMR	883.4K	$139.6M	+15.2%
STT State Street	832.7K	$131.59M	+6.3%
DAVENPORT & Co	736.71K	$116.42M	-2.5%

Largest transactions	Shares	Bought/sold	Change
Charles Schwab Investment Management	1.1M	+756.1K	+218.0%
Charles Schwab Investment Advisory	0	-729.22K	EXIT
Norges Bank	0	-454.79K	EXIT
Ninety One UK	352.55K	+352.55K	NEW
Fiduciary Management	0	-270.88K	EXIT
Anchor Capital Advisors	258.86K	+234.35K	+956.3%
WFC Wells Fargo & Co.	654.19K	+207.6K	+46.5%
Baird Financial	54.32K	-172.89K	-76.1%
BLK BlackRock	3.66M	-124.14K	-3.3%
FMR	883.4K	+116.62K	+15.2%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

HD Supply • HD Supply

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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From filing 10-Q 2020 Q1