Watsco Ownership
| WSO Stock | USD 554.67 4.17 0.76% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 37.6 M | Current Value 40.3 M | Avarage Shares Outstanding 26 M | Quarterly Volatility 10.6 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Watsco |
Watsco Stock Ownership Analysis
About 99.0% of the company outstanding shares are owned by institutional investors. The company recorded earning per share (EPS) of 12.98. Watsco Inc last dividend was issued on the 16th of October 2024. The entity had 3:2 split on the 17th of August 1998. Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, refrigeration equipment, and related parts and supplies. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida. Watsco operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. It employs 6850 people. For more information please call Albert Nahmad at 305 714 4100 or visit https://www.watsco.com.Besides selling stocks to institutional investors, Watsco also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Watsco's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Watsco's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Watsco Quarterly Liabilities And Stockholders Equity |
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Watsco Insider Trades History
Less than 1% of Watsco Inc are currently held by insiders. Unlike Watsco's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Watsco's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Watsco's insider trades
Watsco Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Watsco is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Watsco Inc backward and forwards among themselves. Watsco's institutional investor refers to the entity that pools money to purchase Watsco's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Neuberger Berman Group Llc | 2024-06-30 | 599.2 K | Markel Group Inc | 2024-06-30 | 571.2 K | Wellington Management Company Llp | 2024-06-30 | 523.9 K | Wells Fargo & Co | 2024-06-30 | 488.1 K | Barclays Plc | 2024-06-30 | 458.9 K | Jpmorgan Chase & Co | 2024-06-30 | 422.2 K | Bank Of New York Mellon Corp | 2024-06-30 | 393 K | Raymond James & Associates | 2024-09-30 | 358.2 K | Boston Financial Mangement Inc | 2024-09-30 | 341.3 K | Blackrock Inc | 2024-06-30 | 3.8 M | Fmr Inc | 2024-09-30 | 3.6 M |
Watsco Inc Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Watsco insiders, such as employees or executives, is commonly permitted as long as it does not rely on Watsco's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Watsco insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
J Custer over a month ago Disposition of 1667 shares by J Custer of Watsco at 260.28 subject to Rule 16b-3 | ||
Aaron Nahmad over two months ago Discretionary transaction by Aaron Nahmad of tradable shares of Watsco subject to Rule 16b-3 | ||
Brian Keeley over six months ago Disposition of tradable shares by Brian Keeley of Watsco subject to Rule 16b-3 | ||
Tapella Gary L over a year ago Watsco exotic insider transaction detected |
Watsco Outstanding Bonds
Watsco issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Watsco Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Watsco bonds can be classified according to their maturity, which is the date when Watsco Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Watsco Corporate Filings
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 8th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
ASR | 4th of November 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
10Q | 1st of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Pair Trading with Watsco
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Watsco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Watsco will appreciate offsetting losses from the drop in the long position's value.Moving together with Watsco Stock
| 0.89 | DXPE | DXP Enterprises | PairCorr |
| 0.82 | FAST | Fastenal Fiscal Year End 16th of January 2025 | PairCorr |
| 0.76 | FERG | Ferguson Plc | PairCorr |
| 0.93 | AIT | Applied Industrial | PairCorr |
Moving against Watsco Stock
| 0.65 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.47 | GIC | Global Industrial | PairCorr |
| 0.4 | TRNS | Transcat | PairCorr |
The ability to find closely correlated positions to Watsco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Watsco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Watsco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Watsco Inc to buy it.
The correlation of Watsco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Watsco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Watsco Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Watsco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Watsco. If investors know Watsco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Watsco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 10.3 | Earnings Share 12.98 | Revenue Per Share 200.984 | Quarterly Revenue Growth 0.016 |
The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Watsco's market value can be influenced by many factors that don't directly affect Watsco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.