<div id="readability-page-1"><p>Princeton Global Asset Management LLC raised its stake in  Watsco, Inc. (NYSE:WSO - Free Report) by 30.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,146 shares of the construction company's stock after buying an additional 4,487 shares during the period. Watsco comprises about  1.3% of Princeton Global Asset Management LLC's investment portfolio, making the stock its 19th biggest position. Princeton Global Asset Management LLC's holdings in Watsco were worth $7,741,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><p>Several other institutional investors and hedge funds have also recently made changes to their positions in WSO. American Century Companies Inc. grew its position in  Watsco by 1.9% in the first quarter. American Century Companies Inc. now owns 15,908 shares of the construction company's stock worth $8,086,000 after acquiring an additional 299 shares in the last quarter.  Brooklyn Investment Group lifted its stake in  Watsco by 44.7% during the first quarter. Brooklyn Investment Group now owns 165 shares of the construction company's stock worth $84,000 after purchasing an additional 51 shares during the last quarter.  Northern Trust Corp boosted its holdings in shares of  Watsco by 0.7% in the 1st quarter. Northern Trust Corp now owns 335,584 shares of the construction company's stock worth $170,577,000 after purchasing an additional 2,236 shares in the last quarter.  Korea Investment CORP increased its position in shares of  Watsco by 5.4% during the 1st quarter. Korea Investment CORP now owns 22,785 shares of the construction company's stock valued at $11,582,000 after purchasing an additional 1,174 shares during the last quarter.  Finally, Credit Agricole S A increased its position in shares of  Watsco by 33.6% during the 1st quarter. Credit Agricole S A now owns 5,820 shares of the construction company's stock valued at $2,958,000 after purchasing an additional 1,465 shares during the last quarter. Hedge funds and other institutional investors own  89.71% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several brokerages have issued reports on WSO. William Blair  reaffirmed a &#34;market perform&#34; rating on shares of Watsco in a research note on Wednesday, October 15th. Zacks Research upgraded shares of Watsco from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Monday, December 15th. Mizuho cut their price objective on shares of Watsco from $525.00 to $400.00 and set a &#34;neutral&#34; rating for the company in a research note on Friday, October 17th. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Watsco in a research report on Thursday, October 30th. Finally, UBS Group lowered their price target on shares of Watsco from $425.00 to $390.00 and set a &#34;neutral&#34; rating for the company in a research note on Thursday, November 6th. One research analyst  has rated the stock with a Buy rating and ten have assigned  a Hold rating to the stock. Based on data from MarketBeat.com, Watsco currently has an average rating of &#34;Hold&#34; and an average price target of $422.71.</p><p><b>View Our Latest Stock Report on Watsco</b></p><h2>Watsco Stock Down 0.0%</h2><p>Shares of WSO opened at $348.26 on Friday. The stock has a market capitalization of $14.13 billion, a P/E ratio of 27.21 and a beta of 1.01. Watsco, Inc. has a twelve month low of $323.05 and a twelve month high of $535.40. The firm has a fifty day simple moving average of $352.02 and a two-hundred day simple moving average of $400.86. </p><p>Watsco (NYSE:WSO - Get Free Report) last released its quarterly earnings data on Friday, November 7th. The construction company reported $3.98 earnings per share (EPS) for the quarter. The firm had revenue of $2.07 billion for the quarter. Watsco had a net margin of 7.04% and a return on equity of 16.48%.  Sell-side analysts expect that  Watsco, Inc. will post 14.62 EPS for the current fiscal year. </p><h2>Watsco Dividend Announcement</h2><p>The firm also recently declared a quarterly dividend, which was paid on Friday, October 31st. Shareholders of record on Thursday, October 16th were given a dividend of $3.00 per share. The ex-dividend date of this dividend was Thursday, October 16th. This represents a $12.00 dividend on an annualized basis and a yield of 3.4%. Watsco's dividend payout ratio  is presently 93.75%. </p><h2>About Watsco</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Watsco</li><li>What is the Australian Securities Exchange (ASX) </li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More</li></ul><p><strong>Want to see what other hedge funds are holding WSO?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Watsco, Inc. (NYSE:WSO - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdTTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdTTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Watsco Right Now?</h2><p>Before you consider Watsco, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Watsco wasn't on the list.</p><p>While Watsco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Princeton Global Asset Management LLC increased its stake in Watsco, Inc. by 30.6% in the third quarter, purchasing an additional 4,487 shares, making Watsco 1.3% of its portfolio. The holdings are valued at $7,741,000. Other institutional investors have also adjusted their positions in Watsco. The stock has a 'Hold' rating from analysts, with a price target of $422.71. Watsco's recent earnings report showed $3.98 EPS and $2.07 billion in revenue. The company declared a quarterly dividend of $3.00 per share.</p>

Princeton Global Asset Management LLC Buys 4,487 Shares of Watsco, Inc. $WSO