--- title: "MAI Capital Management Has $1.23 Million Stock Position in Watsco, Inc. $WSO" type: "News" locale: "en" url: "https://longbridge.com/en/news/277350363.md" description: "MAI Capital Management increased its stake in Watsco, Inc. (NYSE: WSO) by 416.6% in Q3, owning 3,043 shares valued at $1.23 million. Other hedge funds also raised their stakes significantly. Watsco's stock rose 1.6% to $417.46, with a market cap of $16.93 billion. The company reported Q4 earnings of $1.68 per share, missing estimates, and announced a quarterly dividend of $3.00 per share. Analysts have mixed ratings on the stock, with an average target price of $409.00." datetime: "2026-03-01T10:39:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277350363.md) - [en](https://longbridge.com/en/news/277350363.md) - [zh-HK](https://longbridge.com/zh-HK/news/277350363.md) --- # MAI Capital Management Has $1.23 Million Stock Position in Watsco, Inc. $WSO MAI Capital Management increased its stake in shares of Watsco, Inc. (NYSE:WSO - Free Report) by 416.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,043 shares of the construction company's stock after acquiring an additional 2,454 shares during the period. MAI Capital Management's holdings in Watsco were worth $1,230,000 as of its most recent filing with the SEC. A number of other hedge funds have also recently bought and sold shares of the stock. SJS Investment Consulting Inc. raised its stake in shares of Watsco by 2,366.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 74 shares of the construction company's stock worth $30,000 after purchasing an additional 71 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings in Watsco by 242.9% during the second quarter. TD Waterhouse Canada Inc. now owns 72 shares of the construction company's stock worth $33,000 after buying an additional 51 shares during the last quarter. TruNorth Capital Management LLC bought a new stake in Watsco during the third quarter worth $37,000. Capital A Wealth Management LLC raised its position in Watsco by 4,700.0% during the second quarter. Capital A Wealth Management LLC now owns 96 shares of the construction company's stock worth $41,000 after acquiring an additional 94 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in Watsco by 1,300.0% in the second quarter. Hantz Financial Services Inc. now owns 112 shares of the construction company's stock valued at $49,000 after acquiring an additional 104 shares during the last quarter. 89.71% of the stock is currently owned by institutional investors. ## Watsco Stock Up 1.6% Shares of WSO stock opened at $417.46 on Friday. Watsco, Inc. has a 12-month low of $323.05 and a 12-month high of $533.07. The company has a market capitalization of $16.93 billion, a PE ratio of 34.47 and a beta of 1.04. The firm has a 50 day moving average price of $384.74 and a two-hundred day moving average price of $378.31. Watsco (NYSE:WSO - Get Free Report) last announced its earnings results on Tuesday, February 17th. The construction company reported $1.68 earnings per share for the quarter, missing analysts' consensus estimates of $1.94 by ($0.26). The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.62 billion. Watsco had a return on equity of 15.49% and a net margin of 6.87%.Watsco's revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter last year, the business posted $2.37 EPS. As a group, research analysts expect that Watsco, Inc. will post 14.62 EPS for the current year. ## Watsco Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were given a dividend of $3.00 per share. The ex-dividend date was Friday, January 16th. This represents a $12.00 annualized dividend and a yield of 2.9%. Watsco's dividend payout ratio (DPR) is presently 99.09%. ## Analysts Set New Price Targets Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Watsco from a "strong sell" rating to a "hold" rating in a research note on Wednesday. Mizuho set a $425.00 price target on Watsco in a report on Wednesday, February 18th. Morgan Stanley dropped their price objective on Watsco from $460.00 to $370.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 14th. KeyCorp reiterated a "sector weight" rating on shares of Watsco in a research note on Friday, December 12th. Finally, UBS Group started coverage on Watsco in a report on Monday, January 5th. They set a "neutral" rating and a $370.00 target price on the stock. One investment analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Watsco presently has an average rating of "Hold" and an average target price of $409.00. **View Our Latest Stock Analysis on Watsco** ## About Watsco (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. ## Featured Articles - Five stocks we like better than Watsco - The gold chart Wall Street is terrified of… - This makes me furious - America’s 1776 happening again - Buy this Gold Stock Before May 2026 - “Fed Proof” Your Bank Account with THESE 4 Simple Steps _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._ ## Should You Invest $1,000 in Watsco Right Now? Before you consider Watsco, you'll want to hear this. 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. While Watsco currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [WSO.US](https://longbridge.com/en/quote/WSO.US.md) - [WSO.B.US](https://longbridge.com/en/quote/WSO.B.US.md) ## Related News & Research - [Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks Delivering High-Dividend Yields](https://longbridge.com/en/news/287060282.md) - [Premier Fund Managers Ltd Sells 12,771 Shares of Watsco, Inc. $WSO](https://longbridge.com/en/news/285549854.md) - [Sumitomo Mitsui Trust Group Inc. 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