Comfort Systems USA, Inc. $FIX Shares Acquired by CW Advisors LLC

CW Advisors LLC increased its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 3.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,080 shares of the construction company’s stock after purchasing an additional 713 shares during the period. CW Advisors LLC owned 0.07% of Comfort Systems USA worth $12,377,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Ameritas Advisory Services LLC acquired a new stake in shares of Comfort Systems USA during the second quarter worth about $27,000. Stone House Investment Management LLC purchased a new stake in Comfort Systems USA during the 1st quarter valued at approximately $31,000. Tradewinds Capital Management LLC lifted its position in Comfort Systems USA by 37.8% during the 2nd quarter. Tradewinds Capital Management LLC now owns 113 shares of the construction company’s stock worth $61,000 after acquiring an additional 31 shares during the period. Brooklyn Investment Group grew its stake in shares of Comfort Systems USA by 259.4% in the 1st quarter. Brooklyn Investment Group now owns 115 shares of the construction company’s stock valued at $37,000 after purchasing an additional 83 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Comfort Systems USA by 310.7% during the second quarter. Cullen Frost Bankers Inc. now owns 115 shares of the construction company’s stock worth $62,000 after purchasing an additional 87 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Comfort Systems USA Stock Up 1.5%

FIX stock opened at $949.87 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average price is $898.41 and its 200 day moving average price is $710.81. Comfort Systems USA, Inc. has a 52 week low of $276.44 and a 52 week high of $1,020.26. The company has a market cap of $33.50 billion, a P/E ratio of 40.21 and a beta of 1.64.

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Monday, August 15th. The construction company reported $0.90 earnings per share (EPS) for the quarter. The company had revenue of $713.90 million during the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. On average, research analysts expect that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Thursday, November 13th were given a dividend of $0.60 per share. The ex-dividend date was Thursday, November 13th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.50. This represents a $2.40 dividend on an annualized basis and a yield of 0.3%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 10.16%.

Wall Street Analyst Weigh In

FIX has been the topic of a number of analyst reports. Stifel Nicolaus set a $1,069.00 price objective on shares of Comfort Systems USA in a research report on Friday, October 24th. DA Davidson set a $810.00 target price on shares of Comfort Systems USA in a report on Friday, October 24th. William Blair began coverage on shares of Comfort Systems USA in a research note on Thursday, September 11th. They set an “outperform” rating on the stock. Wall Street Zen downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $892.75.

Insider Activity at Comfort Systems USA

In related news, insider Brian E. Lane sold 7,158 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $947.98, for a total value of $6,785,640.84. Following the sale, the insider directly owned 180,888 shares in the company, valued at $171,478,206.24. The trade was a 3.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Darcy Anderson sold 4,000 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the completion of the sale, the director directly owned 22,535 shares in the company, valued at approximately $21,604,755.20. The trade was a 15.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,528 shares of company stock valued at $25,467,824 in the last 90 days. 1.59% of the stock is owned by corporate insiders.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.