Comfort Systems USA, Inc. $FIX Holdings Raised by CreativeOne Wealth LLC

CreativeOne Wealth LLC increased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 4.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,389 shares of the construction company’s stock after purchasing an additional 96 shares during the quarter. CreativeOne Wealth LLC’s holdings in Comfort Systems USA were worth $1,281,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Comfort Systems USA by 0.6% during the first quarter. Vanguard Group Inc. now owns 3,802,542 shares of the construction company’s stock worth $1,225,673,000 after purchasing an additional 21,847 shares during the period. Westfield Capital Management Co. LP grew its position in shares of Comfort Systems USA by 5.3% during the 2nd quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company’s stock valued at $502,113,000 after buying an additional 46,773 shares during the last quarter. Jones Financial Companies Lllp raised its stake in Comfort Systems USA by 2,872,410.3% during the first quarter. Jones Financial Companies Lllp now owns 833,028 shares of the construction company’s stock worth $268,510,000 after acquiring an additional 832,999 shares during the period. Geode Capital Management LLC lifted its holdings in Comfort Systems USA by 0.4% in the second quarter. Geode Capital Management LLC now owns 821,897 shares of the construction company’s stock worth $440,764,000 after acquiring an additional 3,032 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Comfort Systems USA by 3.4% in the second quarter. JPMorgan Chase & Co. now owns 536,906 shares of the construction company’s stock valued at $287,894,000 after acquiring an additional 17,469 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Stifel Nicolaus set a $1,069.00 price target on Comfort Systems USA in a research report on Friday, October 24th. UBS Group raised their target price on Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. William Blair started coverage on shares of Comfort Systems USA in a research report on Thursday, September 11th. They issued an “outperform” rating on the stock. Finally, Zacks Research raised shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 28th. One research 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.com, the company has an average rating of “Buy” and an average price target of $892.75.

Insider Transactions at Comfort Systems USA

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

Comfort Systems USA Price Performance

Shares of FIX opened at $969.74 on Thursday. Comfort Systems USA, Inc. has a one year low of $276.44 and a one year high of $1,020.26. The stock’s fifty day moving average is $882.83 and its 200-day moving average is $693.54. 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 firm has a market capitalization of $34.20 billion, a price-to-earnings ratio of 41.06 and a beta of 1.55.

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

Comfort Systems USA Increases Dividend

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

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.