UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $56.28 Million Position in Watsco, Inc. $WSO

Posted by Brenda Bartman on Sep 3rd, 2026

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its stake in Watsco, Inc. (NYSE:WSO – Free Report) by 9.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 135,045 shares of the construction company’s stock after selling 14,647 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.33% of Watsco worth $56,277,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WSO. Empowered Funds LLC boosted its position in shares of Watsco by 4.1% during the 1st quarter. Empowered Funds LLC now owns 5,927 shares of the construction company’s stock worth $3,013,000 after purchasing an additional 232 shares in the last quarter. Bank of Nova Scotia increased its position in Watsco by 95.0% in the 2nd quarter. Bank of Nova Scotia now owns 1,297 shares of the construction company’s stock valued at $573,000 after buying an additional 632 shares in the last quarter. Sei Investments Co. increased its position in Watsco by 7.6% in the 2nd quarter. Sei Investments Co. now owns 50,442 shares of the construction company’s stock valued at $22,275,000 after buying an additional 3,570 shares in the last quarter. Treasurer of the State of North Carolina raised its stake in Watsco by 2.8% during the 2nd quarter. Treasurer of the State of North Carolina now owns 16,258 shares of the construction company’s stock worth $7,180,000 after buying an additional 437 shares during the period. Finally, Diversify Advisory Services LLC raised its stake in Watsco by 12.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 523 shares of the construction company’s stock worth $221,000 after buying an additional 56 shares during the period. 89.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on WSO. Stephens reissued an “overweight” rating and issued a $485.00 price objective on shares of Watsco in a research note on Monday, August 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Watsco in a research report on Friday, June 26th. Robert W. Baird set a $400.00 target price on Watsco in a report on Thursday, July 30th. Morgan Stanley lifted their price target on shares of Watsco from $370.00 to $405.00 and gave the company an “equal weight” rating in a research report on Friday, July 10th. Finally, DA Davidson reduced their price target on shares of Watsco from $385.00 to $330.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $395.50.

Read Our Latest Stock Report on WSO

Watsco Price Performance

NYSE WSO opened at $309.26 on Thursday. Watsco, Inc. has a 1 year low of $295.75 and a 1 year high of $459.00. The firm has a market cap of $12.76 billion, a price-to-earnings ratio of 26.82 and a beta of 1.05. The company has a fifty day moving average price of $350.02 and a 200-day moving average price of $379.91.

Watsco (NYSE:WSO – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The construction company reported $4.00 earnings per share for the quarter, missing analysts’ consensus estimates of $4.41 by ($0.41). Watsco had a net margin of 6.53% and a return on equity of 14.40%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.14 billion. During the same period in the previous year, the business earned $4.52 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, research analysts anticipate that Watsco, Inc. will post 12.21 EPS for the current fiscal year.

Watsco Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Thursday, July 16th were paid a $3.30 dividend. The ex-dividend date was Thursday, July 16th. This represents a $13.20 annualized dividend and a yield of 4.3%. Watsco’s dividend payout ratio (DPR) is 114.48%.

Watsco Company Profile

(Free Report)

Watsco, Inc is the largest distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) equipment, parts and supplies in the United States. Headquartered in Miami, Florida, the company operates a network of more than 600 branches across the continental U.S., Canada and Puerto Rico. Watsco serves residential and commercial contractors by providing essential components for climate control systems, including air conditioners, furnaces, heat pumps, coils, refrigerants, controls and electrical and piping supplies.

Founded in 1947, Watsco has grown from a single regional distributor into an industry leader through a combination of organic expansion, acquisitions and strategic partnerships with original equipment manufacturers such as Carrier, Trane, Goodman and Lennox.