Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC raised its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 871.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 132,693 shares of the construction company’s stock after purchasing an additional 119,033 shares during the quarter. Natixis Advisors LLC’s holdings in Comfort Systems USA were worth $51,797,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of FIX. Capital World Investors lifted its position in shares of Comfort Systems USA by 26.6% during the 1st quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock valued at $684,254,000 after acquiring an additional 451,852 shares during the period. Federated Hermes Inc. boosted its position in shares of Comfort Systems USA by 2.1% in the 2nd quarter. Federated Hermes Inc. now owns 415,825 shares of the construction company’s stock worth $126,461,000 after buying an additional 8,578 shares in the last quarter. Millennium Management LLC grew its stake in Comfort Systems USA by 477.9% in the 2nd quarter. Millennium Management LLC now owns 342,724 shares of the construction company’s stock valued at $104,229,000 after acquiring an additional 283,416 shares during the last quarter. Driehaus Capital Management LLC lifted its holdings in shares of Comfort Systems USA by 5.8% in the second quarter. Driehaus Capital Management LLC now owns 152,703 shares of the construction company’s stock valued at $46,440,000 after purchasing an additional 8,363 shares in the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Comfort Systems USA by 88.0% during the 2nd quarter. AQR Capital Management LLC now owns 142,540 shares of the construction company’s stock worth $43,349,000 after purchasing an additional 66,703 shares in the last quarter. 96.51% of the stock is currently owned by hedge funds and other institutional investors.

Comfort Systems USA Stock Up 1.3 %

Shares of Comfort Systems USA stock opened at $445.02 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. Comfort Systems USA, Inc. has a 1-year low of $185.83 and a 1-year high of $474.62. The business has a 50-day moving average of $398.73 and a 200-day moving average of $347.84. The company has a market capitalization of $15.84 billion, a PE ratio of 34.05 and a beta of 1.13.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.84 billion. The company’s revenue for the quarter was up 31.5% compared to the same quarter last year. During the same period last year, the firm earned $2.74 earnings per share. As a group, equities analysts forecast that Comfort Systems USA, Inc. will post 13.88 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, November 14th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, November 14th. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.30. Comfort Systems USA’s dividend payout ratio (DPR) is 10.71%.

Analyst Ratings Changes

A number of research firms have recently weighed in on FIX. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, October 12th. Stifel Nicolaus started coverage on shares of Comfort Systems USA in a report on Friday. They issued a “buy” rating and a $524.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, Comfort Systems USA currently has an average rating of “Moderate Buy” and a consensus price target of $376.00.

Insider Buying and Selling

In other news, CFO William George III sold 5,845 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the completion of the sale, the chief financial officer now directly owns 55,099 shares of the company’s stock, valued at $18,301,683.84. This represents a 9.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brian E. Lane sold 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $448.88, for a total transaction of $6,733,200.00. Following the completion of the sale, the insider now owns 204,205 shares of the company’s stock, valued at approximately $91,663,540.40. This trade represents a 6.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 41,591 shares of company stock valued at $16,625,615 in the last three months. 1.80% of the stock is currently owned by corporate insiders.

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.