Benjamin Edwards Inc. Sells 1,235 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Benjamin Edwards Inc. reduced its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 53.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,092 shares of the construction company’s stock after selling 1,235 shares during the quarter. Benjamin Edwards Inc.’s holdings in Comfort Systems USA were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Capital World Investors raised 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 buying an additional 451,852 shares during the last quarter. Westfield Capital Management Co. LP boosted its position in shares of Comfort Systems USA by 56.4% in the 1st quarter. Westfield Capital Management Co. LP now owns 667,036 shares of the construction company’s stock worth $211,924,000 after purchasing an additional 240,466 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of Comfort Systems USA by 2.1% during the second quarter. Federated Hermes Inc. now owns 415,825 shares of the construction company’s stock worth $126,461,000 after purchasing an additional 8,578 shares during the period. Norges Bank bought a new stake in Comfort Systems USA in the fourth quarter valued at about $81,299,000. Finally, Congress Asset Management Co. MA lifted its stake in Comfort Systems USA by 3.4% in the first quarter. Congress Asset Management Co. MA now owns 271,323 shares of the construction company’s stock valued at $86,202,000 after buying an additional 8,889 shares during the period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Activity at Comfort Systems USA

In other news, CFO William George III sold 5,845 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the transaction, the chief financial officer now owns 55,099 shares in the company, valued at $18,301,683.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, CFO William George III sold 5,845 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the transaction, the chief financial officer now owns 55,099 shares in the company, valued at $18,301,683.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Darcy Anderson sold 3,546 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the completion of the transaction, the director now owns 37,193 shares of the company’s stock, valued at approximately $12,503,914.67. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,391 shares of company stock worth $8,076,855. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Up 1.3 %

Shares of NYSE FIX opened at $385.16 on Friday. The stock has a market cap of $13.76 billion, a P/E ratio of 38.13 and a beta of 1.13. The firm has a 50 day moving average price of $326.67 and a 200 day moving average price of $319.68. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.97 and a current ratio of 1.00. Comfort Systems USA, Inc. has a 52-week low of $151.89 and a 52-week high of $387.90.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.14 by $0.60. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.69 billion. Comfort Systems USA had a net margin of 7.02% and a return on equity of 31.49%. The business’s revenue for the quarter was up 39.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.93 earnings per share. Analysts expect that Comfort Systems USA, Inc. will post 13.79 EPS for the current year.

Comfort Systems USA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 12th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend was Monday, August 12th. Comfort Systems USA’s dividend payout ratio is currently 11.88%.

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.