WSO, US9426222009

Watsco stock falls 1.22 percent as dividend meets earnings pressure

Published on 10/04/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Watsco stock carries a USD 3.30 quarterly dividend announced on October 1, 2026. Second quarter revenue reached USD 2.1 billion while net income fell 11 percent.

WSO, US9426222009, Illustration mit AI erstellt.

Watsco (ISIN US9426222009) was last trading at USD 297.47 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 1.22 percent from the prior close of USD 301.15. The company had declared a USD 3.30 quarterly dividend one day earlier, keeping shareholder distributions at the center of the current Watsco stock debate.

Dividend date sets the next checkpoint

According to StockTitan on October 1, 2026, Watsco will pay the dividend on October 30 to shareholders of record on October 16. The company said the payment applies to both common stock classes and marks 52 consecutive years of dividends.

The next two dates create a defined calendar for shareholders: October 16, 2026 is the ex-dividend and record-date checkpoint, while October 30, 2026 is the scheduled payment date. The dividend is a concrete support factor, but the latest operating figures point to pressure on profitability.

Revenue grows while profit contracts

According to StockTitan in its August 7, 2026 summary of Watsco's second quarter filing, revenue for the quarter ended June 30, 2026 rose 2 percent year over year to USD 2.105 billion. Net income attributable to Watsco fell 11 percent to USD 163.336 million, while diluted EPS was USD 4.00.

The margin comparison is sharper: gross margin declined from 29.3 percent in the prior-year quarter to 27.5 percent in Q2/2026. The same filing summary reported first-half revenue of USD 3.638 billion, up 1 percent, and first-half net income of USD 242.410 million, down 8 percent.

Consensus stays above the market price

MarketBeat reported on October 2, 2026 that 11 analysts cover Watsco with a consensus Hold rating, including two Buy ratings, eight Holds and one Sell rating. The average price target is USD 395.50, which lies 32.96 percent above the USD 297.47 reference price.

MarketBeat also reported that Zacks Research lowered its Q3 2028 EPS estimate to USD 5.20 from USD 5.24 and maintained a Strong Sell rating on September 23, 2026. The contrast between a broad Hold consensus and a recent bearish revision leaves the earnings trajectory as the key counterweight to the dividend story.

Watsco stock stays near yearly low

WSO traded at USD 297.47 on the NYSE on October 2, 2026, with volume of 420,510 shares. Its 52-week range was USD 295.75 to USD 459.00, and its market capitalization was USD 12.3 billion as of that session.