Added to YB: 2026-04-01
Pitch date: 2026-03-25
WSO [bullish]
Watsco, Inc.
+0.52%
current return
Author Info
No bio for this author
Company Info
Watsco, Inc., together with its subsidiaries, engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean.
Market Cap
$13.3B
Pitch Price
$361.90
Price Target
N/A
Dividend
3.80%
EV/EBITDA
14.72
P/E
28.35
EV/Sales
1.86
Sector
Trading Companies and Distributors
Category
value
Heartland Opportunistic Value Equity Strategy Portfolio Holding: Watsco, Inc.
WSO (increased position): Largest US HVAC/refrigeration distributor, 85% replacement-driven rev (cycle-resilient). Down 33%+ since Feb on new home construction decline & consumer weakness, but capital-light model (0.5% capex/sales) protects FCF. Tech edge: digitized platform, AI pricing optimization, customer service automation vs peers. Trading 5% FCF/EV yield (~7% normalized). Positioned for margin expansion & share gains. Increased position on weakness.
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