Comfort Systems USA (NYSE:FIX) SVP Sells $996,160.00 in Stock

Comfort Systems USA, Inc. (NYSE:FIX) SVP Laura Finley Howell sold 1,000 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $996.16, for a total value of $996,160.00. Following the sale, the senior vice president owned 7,938 shares in the company, valued at approximately $7,907,518.08. The trade was a 11.19% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Comfort Systems USA Stock Down 0.4%

Shares of FIX stock opened at $1,001.05 on Monday. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,020.26. The firm has a market capitalization of $35.31 billion, a PE ratio of 42.38 and a beta of 1.64. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.20 and a current ratio of 1.22. The stock’s 50-day simple moving average is $906.76 and its 200-day simple moving average is $720.01.

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

Comfort Systems USA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 24th. Stockholders 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 of this dividend was Thursday, November 13th. This represents a $2.40 annualized dividend and a dividend yield of 0.2%. Comfort Systems USA’s payout ratio is currently 10.16%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Wall Street Zen cut shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, October 8th. Stifel Nicolaus set a $1,069.00 price objective on Comfort Systems USA in a research note on Friday, October 24th. UBS Group boosted their price objective on Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a report on Monday, October 27th. Finally, Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $892.75.

Hedge Funds Weigh In On Comfort Systems USA

Several institutional investors and hedge funds have recently modified their holdings of the business. Belpointe Asset Management LLC boosted its position in Comfort Systems USA by 1.0% during the third quarter. Belpointe Asset Management LLC now owns 1,256 shares of the construction company’s stock worth $1,036,000 after purchasing an additional 13 shares in the last quarter. Flagship Harbor Advisors LLC lifted its position in shares of Comfort Systems USA by 0.9% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,478 shares of the construction company’s stock valued at $1,220,000 after buying an additional 13 shares in the last quarter. Ameriflex Group Inc. grew its stake in Comfort Systems USA by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 30 shares of the construction company’s stock valued at $25,000 after acquiring an additional 15 shares during the period. Wedmont Private Capital increased its holdings in Comfort Systems USA by 3.8% in the 3rd quarter. Wedmont Private Capital now owns 497 shares of the construction company’s stock worth $406,000 after acquiring an additional 18 shares in the last quarter. Finally, Centaurus Financial Inc. raised its position in Comfort Systems USA by 0.9% during the third quarter. Centaurus Financial Inc. now owns 2,123 shares of the construction company’s stock worth $1,752,000 after acquiring an additional 18 shares during the period. Hedge funds and other institutional investors own 96.51% of the company’s stock.

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.