Comfort Systems USA, Inc. (NYSE:FIX) Stock Holdings Lifted by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT grew its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,714 shares of the construction company’s stock after buying an additional 145 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Comfort Systems USA were worth $969,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in shares of Comfort Systems USA in the fourth quarter worth about $26,000. VisionPoint Advisory Group LLC bought a new stake in Comfort Systems USA during the 3rd quarter valued at approximately $59,000. GAMMA Investing LLC bought a new stake in Comfort Systems USA during the 4th quarter valued at approximately $61,000. Skandinaviska Enskilda Banken AB publ bought a new stake in Comfort Systems USA during the 3rd quarter valued at approximately $119,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new stake in Comfort Systems USA during the 4th quarter valued at approximately $125,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Buying and Selling at Comfort Systems USA

In other news, CFO William George III sold 8,429 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $278.95, for a total value of $2,351,269.55. Following the transaction, the chief financial officer now directly owns 62,471 shares in the company, valued at approximately $17,426,285.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO William George III sold 8,429 shares of the firm’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $278.95, for a total value of $2,351,269.55. Following the transaction, the chief financial officer now directly owns 62,471 shares in the company, valued at approximately $17,426,285.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Darcy Anderson sold 3,800 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $316.60, for a total value of $1,203,080.00. Following the completion of the transaction, the director now owns 43,741 shares in the company, valued at $13,848,400.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 46,614 shares of company stock worth $13,739,345. Insiders own 1.80% of the company’s stock.

Comfort Systems USA Price Performance

FIX stock traded down $9.40 during midday trading on Friday, reaching $302.00. 662,976 shares of the company’s stock traded hands, compared to its average volume of 297,811. The company has a 50-day simple moving average of $303.25 and a two-hundred day simple moving average of $234.42. Comfort Systems USA, Inc. has a 1-year low of $133.24 and a 1-year high of $335.25. The company has a market cap of $10.78 billion, a price-to-earnings ratio of 29.90 and a beta of 1.19. The company has a quick ratio of 1.07, a current ratio of 1.11 and a debt-to-equity ratio of 0.03.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, April 25th. The construction company reported $2.69 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.43. The firm had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.48 billion. Comfort Systems USA had a return on equity of 29.68% and a net margin of 6.51%. The business’s quarterly revenue was up 30.8% compared to the same quarter last year. During the same period last year, the company earned $1.51 EPS. On average, analysts anticipate that Comfort Systems USA, Inc. will post 11.42 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.40%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, May 10th. Comfort Systems USA’s dividend payout ratio (DPR) is presently 9.90%.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. UBS Group raised their price objective on Comfort Systems USA from $208.00 to $254.00 and gave the stock a “neutral” rating in a research report on Thursday, February 15th. StockNews.com upgraded Comfort Systems USA from a “hold” rating to a “buy” rating in a research report on Thursday, April 4th. KeyCorp assumed coverage on Comfort Systems USA in a research report on Wednesday, January 10th. They issued a “sector weight” rating for the company. Finally, DA Davidson raised their price objective on Comfort Systems USA from $200.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th.

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.