Company Watsco, Inc.

Equities

WSO

US9426222009

Electrical Components & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Ratings for Watsco, Inc.

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Heating, Ventilation & Air Conditioning Systems

Market Closed - Nyse Other stock markets 21:00:02 02/05/2024 BST			5-day change	1st Jan Change
456.1 ^USD	+1.19%		+2.72%	+6.44%

04-25	Baird Adjusts Price Target on Watsco to $460 From $420, Keeps Outperform Rating	MT
04-24	Transcript : Watsco, Inc., Q1 2024 Earnings Call, Apr 24, 2024

Watsco, Inc. is engaged in the distribution of air conditioning, heating and refrigeration equipment and related parts and supplies (HVAC/R) with locations in the United States, Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. The Company sells products to the commercial refrigeration market, which include condensing units, compressors, evaporators, valves, refrigerants, walk-in coolers, and ice machines for industrial and commercial applications. It also sells a variety of non-equipment products including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats, and air quality products. It distributes products manufactured by Flexible Technologies, Inc. (Flexible Technologies), Resideo Technologies, Inc. (Resideo), Copeland Corporation, LLC, The Chemours Company (Chemours), Mueller Industries, Inc. (Mueller), and Welbilt, Inc. (Welbilt), among others. The Company operates in approximately 692 locations.

Number of employees: 7,388

USD in Million	2022	Weight	2023	Weight	Delta
HVAC Equipment 69.0 %	4,947	68.0 %	5,026	69.0 %	+1.60%
Other HVAC Products 27.0 %	2,037	28.0 %	1,967	27.0 %	-3.45%
Commercial Refrigeration Products 4.0 %	291	4.0 %	291	4.0 %	+0.13%

USD in Million	2022	Weight	2023	Weight	Delta
United States 89.8 %	6,579	90.4 %	6,541	89.8 %	-0.58%
Canada 5.1 %	389	5.3 %	375	5.1 %	-3.72%
Latin America and the Caribbean 5.1 %	306	4.2 %	368	5.1 %	+20.28%

Managers	Title	Age	Since
Albert Nahmad CEO	Chief Executive Officer	83	30/11/72
Ana Menendez DFI	Director of Finance/CFO	59	31/12/97
Aaron Nahmad PSD	President	42	31/12/04
Steven Rupp CTO	Chief Tech/Sci/R&D Officer	-	31/07/11
Barry Logan BRD	Director/Board Member	61	31/12/91
Marcos Trinidad PRN	Corporate Officer/Principal	-	31/08/15

Members of the board	Title	Age	Since
Aaron Nahmad PSD	President	42	31/12/04
Cesar Alvarez BRD	Director/Board Member	76	31/12/96
Albert Nahmad CEO	Chief Executive Officer	83	30/11/72
Barry Logan BRD	Director/Board Member	61	31/12/91
Denise Dickins BRD	Director/Board Member	62	31/12/06
John MacDonald BRD	Director/Board Member	67	31/08/19
J. Custer BRD	Director/Board Member	61	12/12/18
Valerie Schimel BRD	Director/Board Member	-	31/03/22
Ana Lopez-Blazquez BRD	Director/Board Member	66	04/06/23

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	10	5,610,512	440,066 ( 7.844 %)	48,263 ( 0.8602 %)	77.48 %
Stock B	1	39,526,535	34,531,933 ( 87.36 %)	4,778,988 ( 12.09 %)

Name	Equities	%	Valuation
BlackRock Advisors LLC 11.15 %	3,782,852	11.15 %	1 634 M $
The Vanguard Group, Inc. 10.05 %	3,411,894	10.05 %	1 474 M $
Vanguard Fiduciary Trust Co. 9.623 %	3,265,589	9.623 %	1 411 M $
Merrill Lynch Investment Managers, Inc. 7.070 %	2,399,274	7.070 %	1 036 M $
Kayne Anderson Rudnick Investment Management LLC 4.880 %	1,655,950	4.880 %	715 M $
Baillie Gifford & Co. 4.351 %	1,476,317	4.351 %	638 M $
Fidelity Management & Research Co. LLC 4.208 %	1,427,790	4.208 %	617 M $
Charles Schwab Investment Management, Inc. 3.508 %	1,190,371	3.508 %	514 M $
STATE STREET CORPORATION 3.462 %	1,174,659	3.462 %	507 M $
Capital Research & Management Co. (World Investors) 2.677 %	908,300	2.677 %	392 M $

Name	Equities	%	Valuation
Albert Nahmad 75.30 %	4,188,380	75.30 %	1 824 M $
Aaron Nahmad 5.510 %	306,487	5.510 %	134 M $
Barry Logan 2.032 %	113,037	2.032 %	49 M $
Valerie Schimel 1.206 %	67,088	1.206 %	29 M $
Ana Menendez 0.8073 %	44,904	0.8073 %	20 M $
Dimensional Fund Advisors LP 0.1847 %	10,276	0.1847 %	4 M $
Gabelli Funds LLC 0.1416 %	7,875	0.1416 %	3 M $
Cominvest Asset Management GmbH 0.0396 %	2,200	0.0396 %	958 331 $
FAS Wealth Partners, Inc. 0.0395 %	2,199	0.0395 %	957 895 $
CSS LLC 0.0318 %	1,771	0.0318 %	771 456 $

Watsco, Inc.

2665 South Bayshore Drive Suite 901

33133, Miami

+305 714 4100

http://www.watsco.com

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

456.1 USD

Average target price

415.8 USD

Spread / Average Target

-8.83%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Electrical Components & Equipment

Heating, Ventilation & Air Conditioning Systems

	1st Jan change	Capi.
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DAIKIN INDUSTRIES, LTD.	-3.89%	40.93B
JOHNSON CONTROLS INTERNATIONAL PLC	+5.40%	40.74B
LENNOX INTERNATIONAL INC.	+1.85%	16.21B
A. O. SMITH CORPORATION	+1.35%	12.14B
NIBE INDUSTRIER AB	-29.41%	9.48B
AAON, INC.	+23.04%	7.76B
NINGBO DEYE TECHNOLOGY GROUP CO., LTD.	+11.42%	5.55B

Heating, Ventilation & Air Conditioning Systems