During the 2025 third quarter, Bank of New York Mellon Corp trimmed its stake in Watsco, Inc. by 2.9%, selling 9,257 shares and ending the period with ownership of 306,090 shares, representing roughly 0.75% of the company’s outstanding stock valued at $123.75 million. Several other major institutions also shifted positions: Norges Bank established a new holding valued at $84.83 million; Corient Private Wealth LLC more than doubled its position to 296,170 shares after adding 152,662 shares; Vantage Investment Partners LLC increased its stake by 257.5% to 97,730 shares; Jane Street Group LLC boosted its holdings by 154.2% to 89,115 shares; and Schwartz Investment Counsel Inc. lifted its position by 81.8% to 120,000 shares. These moves leave institutional investors and hedge funds in aggregate controlling 89.71% of Watsco’s shares.

Watsco has been the subject of ten analyst ratings, resulting in one Buy, eight Hold and one Sell recommendation, with a consensus target of $404.14. Recent actions include Zacks Research downgrading to “strong sell” on January 13th; Morgan Stanley cutting its target from $460 to $370 and assigning an “equal weight” rating on January 14th; UBS initiating coverage at “neutral” with a $370 target on January 5th; and Wolfe Research setting a $349 target on December 9th. These updates reflect a shift toward more cautious expectations following the third quarter earnings release and continued pressure on HVAC/R distributor margins.

Watsco has scheduled its fourth quarter and full-year 2025 earnings conference call for February 17, 2026 at 10:00 a.m. ET, with results to be released prior to market open. The web–cast will be available on the company’s website, and a replay will remain accessible post–call. Alongside the announcement, Watsco declared a $3.00 per share dividend for the quarter, equating to an annualized $12.00 payout and a dividend yield of approximately 3.1%, with shareholders of record as of January 16th receiving payment on January 30th.