Darcy Anderson Sells 3,546 Shares of Comfort Systems USA, Inc. (NYSE:FIX) Stock

Comfort Systems USA, Inc. (NYSE:FIX) Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $336.19, for a total value of $1,192,129.74. Following the transaction, the director now owns 37,193 shares of the company’s stock, valued at $12,503,914.67. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Comfort Systems USA Trading Up 2.4 %

NYSE:FIX opened at $347.36 on Friday. Comfort Systems USA, Inc. has a 12-month low of $151.89 and a 12-month high of $358.89. The firm has a market cap of $12.41 billion, a PE ratio of 34.39 and a beta of 1.15. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. The stock has a fifty day moving average price of $317.37 and a 200 day moving average price of $311.88.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.14 by $0.60. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.69 billion. During the same quarter last year, the business posted $1.93 EPS. The business’s quarterly revenue was up 39.6% compared to the same quarter last year. Sell-side analysts anticipate that Comfort Systems USA, Inc. will post 13.19 earnings per share for the current fiscal year.

Comfort Systems USA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.35%. The ex-dividend date was Monday, August 12th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 11.88%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Wednesday, June 19th.

Institutional Investors Weigh In On Comfort Systems USA

A number of hedge funds and other institutional investors have recently modified their holdings of FIX. Capital World Investors grew its stake in shares of Comfort Systems USA by 26.6% during the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock worth $684,254,000 after purchasing an additional 451,852 shares in the last quarter. Westfield Capital Management Co. LP boosted its position in shares of Comfort Systems USA by 56.4% during the 1st quarter. Westfield Capital Management Co. LP now owns 667,036 shares of the construction company’s stock worth $211,924,000 after acquiring an additional 240,466 shares in the last quarter. Federated Hermes Inc. boosted its position in shares of Comfort Systems USA by 2.1% during the 2nd quarter. Federated Hermes Inc. now owns 415,825 shares of the construction company’s stock worth $126,461,000 after acquiring an additional 8,578 shares in the last quarter. Norges Bank purchased a new position in shares of Comfort Systems USA in the 4th quarter valued at about $81,299,000. Finally, Millennium Management LLC raised its position in shares of Comfort Systems USA by 477.9% during the 2nd quarter. Millennium Management LLC now owns 342,724 shares of the construction company’s stock worth $104,229,000 after acquiring an additional 283,416 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

About Comfort Systems USA

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.