Comfort Systems USA, Inc. (NYSE:FIX) Director Darcy Anderson Sells 3,500 Shares

Comfort Systems USA, Inc. (NYSE:FIX) Director Darcy Anderson sold 3,500 shares of the firm’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the transaction, the director now directly owns 40,241 shares of the company’s stock, valued at approximately $13,879,120.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Darcy Anderson also recently made the following trade(s):

• On Tuesday, March 5th, Darcy Anderson sold 3,800 shares of Comfort Systems USA stock. The stock was sold at an average price of $316.60, for a total value of $1,203,080.00.

Comfort Systems USA Trading Up 0.9 %

NYSE:FIX traded up $2.98 on Thursday, reaching $349.19. The company’s stock had a trading volume of 94,482 shares, compared to its average volume of 357,271. The firm has a market cap of $12.47 billion, a price-to-earnings ratio of 34.35 and a beta of 1.20. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.06. Comfort Systems USA, Inc. has a 12-month low of $144.45 and a 12-month high of $351.31. The stock has a 50 day moving average price of $311.99 and a 200 day moving average price of $243.89.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Thursday, April 25th. The construction company reported $2.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.26 by $0.43. The business had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.48 billion. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The business’s revenue was up 30.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.51 EPS. On average, equities analysts anticipate that Comfort Systems USA, Inc. will post 11.9 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Monday, May 13th will be issued a dividend of $0.30 per share. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.20 annualized dividend and a yield of 0.34%. Comfort Systems USA’s dividend payout ratio is 11.88%.

Wall Street Analysts Forecast Growth

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in shares of Comfort Systems USA in the first quarter valued at approximately $25,000. Byrne Asset Management LLC purchased a new position in Comfort Systems USA during the 4th quarter worth $26,000. Rise Advisors LLC acquired a new position in Comfort Systems USA in the first quarter valued at $44,000. Headlands Technologies LLC purchased a new stake in shares of Comfort Systems USA in the first quarter valued at about $65,000. Finally, GAMMA Investing LLC purchased a new position in shares of Comfort Systems USA during the fourth quarter worth about $61,000. Institutional investors and hedge funds 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.