Watsco, Inc. (WSO) Stock Forecasts

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Watsco, Inc. (WSO) has completed its acquisition of The Granite Group, a plumbing and HVAC distributor with $500 million in sales. The Granite Group, operating 82 locations, will remain independent under its current management. This is Watsco's second major acquisition in 2026, following the purchase of Jackson Supply Company in June. Watsco aims to expand its market share in the $74 billion North American distribution marketplace.

Watsco, Inc. (WSO) has finalized its acquisition of The Granite Group, a plumbing and HVAC distributor with around $500M in annual sales across seven Northeast states. The deal adds 82 locations to Watsco's portfolio, supporting its growth strategy in the sector.

Watsco, Inc. (NYSE: WSO) has completed its acquisition of The Granite Group, a distributor of plumbing and HVAC products with 82 locations. The deal expands Watsco's presence in the plumbing market, adding 11,000 customers and 29,000 SKUs. The Granite Group will operate independently under its existing leadership. This is Watsco's second major acquisition in 2026, following the purchase of Jackson Supply Company.

Watsco (WSO) acquired The Granite Group, a plumbing and HVAC distributor, for $500M. This is Watsco's second acquisition in 2026, following Jackson Supply. The Granite Group has $500M in annual sales and 82 locations. Watsco's Q2 revenue rose 2% to $2.1B, but gross profit fell 4% due to margin compression. The company has no debt and raised its dividend 10% in April.