Watsco (WSO)

• Market cap: $20.7B
• 1 day: 0.66%
• 5 days: -1.63%
• 1 month: 3.59%
• 3 months: 9.14%
• 6 months: 3.22%
• Year to date: 9.14%
• 1 year: 17.85%
• 5 years: 223.89%
• 10 years: 310.30%
• Sector: Industrials
• Industry: Hardware & Plumbing & Heating Equipment & Supplies

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 65

7% more funds holding in top 10

Funds holding in top 10: 14 [Q3] → 15 (+1) [Q4]

3% more funds holding

Funds holding: 776 [Q3] → 803 (+27) [Q4]

3% less capital invested

Capital invested by funds: $17.5B [Q3] → $16.9B (-$586M) [Q4]

1.58% less ownership

Funds ownership: 102.67% [Q3] → 101.08% (-1.58%) [Q4]

12% less repeat investments, than reductions

Existing positions increased: 267 | Existing positions reduced: 302

39% less call options, than puts

Call options by funds: $23.8M | Put options by funds: $39.1M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $460 10% downside
• Avg. target: $510 0% upside
• High target: $560 9% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Loop Capital Chris Dankert 24% 1-year accuracy 4 / 17 met price target	10% downside $460	Hold Maintained	27 Feb 2025
Baird David Manthey 35% 1-year accuracy 14 / 40 met price target	9% upside $560	Outperform Maintained	19 Feb 2025