Comfort Systems USA, Inc. $FIX Stock Holdings Lessened by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lessened its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 0.3% in the second quarter, Holdings Channel.com reports. The fund owned 302,190 shares of the construction company’s stock after selling 1,039 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Comfort Systems USA were worth $162,037,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in shares of Comfort Systems USA in the 2nd quarter worth $27,000. Stone House Investment Management LLC acquired a new position in shares of Comfort Systems USA in the 1st quarter valued at $31,000. Brooklyn Investment Group increased its stake in Comfort Systems USA by 259.4% in the 1st quarter. Brooklyn Investment Group now owns 115 shares of the construction company’s stock worth $37,000 after purchasing an additional 83 shares in the last quarter. Tradewinds Capital Management LLC lifted its stake in Comfort Systems USA by 37.8% during the second quarter. Tradewinds Capital Management LLC now owns 113 shares of the construction company’s stock valued at $61,000 after buying an additional 31 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in Comfort Systems USA by 310.7% during the second quarter. Cullen Frost Bankers Inc. now owns 115 shares of the construction company’s stock valued at $62,000 after buying an additional 87 shares in the last quarter. 96.51% of the stock is owned by institutional investors.

Insider Buying and Selling at Comfort Systems USA

In related news, Director Darcy Anderson sold 4,000 shares of Comfort Systems USA stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $958.72, for a total transaction of $3,834,880.00. Following the sale, the director directly owned 22,535 shares of the company’s stock, valued at $21,604,755.20. This trade represents a 15.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Franklin Myers sold 5,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $1,006.68, for a total transaction of $5,033,400.00. Following the completion of the sale, the director directly owned 82,901 shares in the company, valued at $83,454,778.68. This trade represents a 5.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 22,158 shares of company stock worth $21,277,519 in the last quarter. 1.59% of the stock is owned by corporate insiders.

Comfort Systems USA Stock Up 1.3%

FIX stock opened at $969.74 on Thursday. The company has a 50 day moving average of $882.83 and a two-hundred day moving average of $693.54. The company has a market cap of $34.20 billion, a price-to-earnings ratio of 41.06 and a beta of 1.55. Comfort Systems USA, Inc. has a 12-month low of $276.44 and a 12-month high of $1,020.26. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

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

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Thursday, November 13th were issued a $0.60 dividend. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. The ex-dividend date was Thursday, November 13th. This represents a $2.40 annualized dividend and a yield of 0.2%. Comfort Systems USA’s dividend payout ratio is presently 10.16%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on FIX shares. Zacks Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 28th. William Blair initiated coverage on shares of Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, October 8th. DA Davidson set a $810.00 target price on Comfort Systems USA in a research report on Friday, October 24th. Finally, Stifel Nicolaus set a $1,069.00 price target on Comfort Systems USA in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $892.75.

Comfort Systems USA 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.