Xponance Inc. Raises Position in Comfort Systems USA, Inc. (NYSE:FIX)

Xponance Inc. lifted its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 39.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,132 shares of the construction company’s stock after purchasing an additional 2,020 shares during the quarter. Xponance Inc.’s holdings in Comfort Systems USA were worth $2,169,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FIX. Ensign Peak Advisors Inc grew its holdings in shares of Comfort Systems USA by 69.2% in the second quarter. Ensign Peak Advisors Inc now owns 23,199 shares of the construction company’s stock worth $7,055,000 after purchasing an additional 9,490 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in Comfort Systems USA by 13.1% during the 2nd quarter. Pacer Advisors Inc. now owns 10,247 shares of the construction company’s stock valued at $3,116,000 after buying an additional 1,185 shares in the last quarter. Bridges Investment Management Inc. purchased a new stake in Comfort Systems USA in the 2nd quarter valued at about $934,000. Cowa LLC grew its stake in Comfort Systems USA by 103.7% in the 2nd quarter. Cowa LLC now owns 7,465 shares of the construction company’s stock worth $2,270,000 after acquiring an additional 3,801 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Comfort Systems USA during the second quarter worth approximately $2,272,000. Institutional investors own 96.51% of the company’s stock.

Insiders Place Their Bets

In other news, Director Darcy Anderson sold 3,546 shares of Comfort Systems USA stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the transaction, the director now directly owns 37,193 shares in the company, valued at approximately $12,503,914.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the sale, the director now owns 37,193 shares of the company’s stock, valued at $12,503,914.67. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $329.55, for a total value of $4,943,250.00. Following the completion of the transaction, the insider now owns 219,205 shares in the company, valued at approximately $72,239,007.75. The disclosure for this sale can be found here. Insiders sold a total of 24,391 shares of company stock worth $8,076,855 over the last 90 days. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of Comfort Systems USA stock opened at $397.22 on Friday. 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’s fifty day moving average price is $330.92 and its 200-day moving average price is $321.29. The firm has a market cap of $14.19 billion, a P/E ratio of 39.29 and a beta of 1.13. Comfort Systems USA, Inc. has a 12 month low of $151.89 and a 12 month high of $403.07.

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

Comfort Systems USA Dividend Announcement

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

Wall Street Analysts Forecast Growth

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

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.