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Last update: Sep 28, 2026, 6:09 PM ET
Watsco, Inc.
$313.22▼ 1.26% today
Pre-market

Why Watsco, Inc. (WSO) stock moved

Updated Sep 29, 2026

Watsco, Inc. (WSO) shares fell 1.3% to $313.22 as of September 29, 2026, a modest decline from the prior close of $317.23. BestStocks flagged the session as a major change for WSO. The move is tied to price move down. Below, we break down what changed for WSO, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

WSO fell 1.3% to $313.22

WSO fell 1.3% in its latest session, moving from $317.23 to $313.22.

Material / EarningsLow confidence
Rel. volume
1.2×
Normal
Vs peers
—
No comparable peers
Market cap
$12.9B
New York Stock Exchange
Analyst target
$405
+29.3% vs price
Price chart
Aug 31 – Sep 29
EVEE$302$314$326Aug 31Sep 8Sep 15Sep 22Sep 29
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Watsco, Inc. investors

For Watsco, Inc. investors, the recent signals add up to a strong bearish shift. On the constructive side: Positive price momentum. Weighing against that: Material negative event; Negative session, down 1.3%. Wall Street's consensus price target sits at $405.00, implying +29.3% upside from $313.22. BestStocks rates the overall signal quality low (41/100). With earnings roughly 36 days out, the next report is the most likely near-term test of the move.

WSO price reaction

WSO last traded at $313.22, down $4.01 (-1.26%) from the previous close of $317.23. The session traded on 1.2× average volume (normal), so participation was unremarkable. Over the past month the stock has ranged between $302.66 and $325.58, and it currently sits about 46% of the way up that band.

Bullish and bearish analyst opinions on Watsco, Inc. (WSO)

The consensus analyst price target on Watsco, Inc. (WSO) is $405.00, 29.3% above the recent $313.22. Over the past 90 days analysts logged 0 upgrades, 4 maintains, and 0 downgrades. Here is how the bullish and bearish cases on WSO line up.

The bullish case

  • Wall Street's consensus price target of $405.00 implies +29.3% upside from $313.22.
  • The Street's most bullish target is $485.00 (+54.8%).
  • Positive price momentum.

The bearish case

  • Material negative event.
  • Negative session, down 1.3%.
  • Watsco filed an 8-K material event report today alongside a confirmed earnings report, triggering a 5.72% intraday decline to $301.71.
  • Watsco reported earnings and filed a material event (8-K) today, triggering a sharp 15.40% intraday decline to $310.93 from $367.51.
  • WSO fell 2.73% to $405.34 intraday on July 1, 2026, the same day Watsco's board declared a $3.30 quarterly dividend on common and Class B shares.
Bull vs bear balanceStrong Bearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is strongly bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Sep 29, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $405+29.3%
= 4 maintains
Stephens & Co. maintained Overweight · 2026-08-17
SEC filings watch
No recent filings
Peer context
WSO-1.3%

Previous notable changes for WSO

Activity2026-09-22+2.5%via Yahoo Finance ↗
Watsco, Inc. moved +2.65% intraday from $317.69 to $326.12. Watsco, Inc. (WSO) stock moves are continuing to be driven by positive investor sentiment surrounding its major $500 million acquisition of The Granite Group , a large distributor of plumbing and HVAC products across the Northeast, announced in mid-September. ### 📈 Catalyst Overview - ✅ Granite Group Acquisition : Expanding its plumbing footprint with 82 new locations and $500M in revenue. - ✅ Strategic Growth : Reinforcing market reach in the Northeast. - ✅ Investor Optimism : Markets responding favorably to scale and tech presentations from recent investor conferences. Would you like a deeper breakdown of Watsco's financial health or its valuation metrics following this acquisition?
Material / Earnings2026-09-15-2.9%
Watsco, Inc. (WSO) moved −2.83% from $311.48 to $302.66 on September 15, 2026. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume remained near its 5-day average, indicating no unusual trading intensity.
Material / Earnings2026-09-01+1.7%
Watsco, Inc. (WSO) moved +3.27% from $305.02 to $314.98 on 2026-09-01. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move occurred on typical trading activity.
Material / Earnings2026-08-26+4.0%
Watsco, Inc. (WSO) moved +3.42% from $303.98 to $314.39 on 2026-08-26. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move was not driven by unusual trading activity.

In-depth WSO event analyses

Permanent, dated analyses of WSO's most significant sessions.
Upcoming catalysts & outlook
Next earnings
2026-11-04 (est.)
in 36 days
Thesis shift
Strong Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about WSO

Why did Watsco, Inc. (WSO) stock move?

WSO fell 1.3% to $313.22. No single company-specific catalyst was confirmed during the move window, and it looks technical.

How much did WSO stock fall?

WSO lost 1.26% ($4.01) versus the prior close of $317.23, last trading at $313.22 on 1.2× average volume.

When is Watsco, Inc.'s next earnings date?

WSO's next earnings report is estimated for 2026-11-04 — about 36 days away.

What is the analyst price target for WSO?

The consensus analyst price target for WSO is $405.00, about 29.3% above the current $313.22. Over the past 90 days, analysts recorded 0 upgrades, 4 maintains, and 0 downgrades.

How BestStocks tracks WSO

This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for WSO, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 29, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.