Comfort Systems USA, Inc. (NYSE:FIX) Chairman Franklin Myers purchased 3,047 shares of the business’s stock in a transaction on Thursday, August 23rd. The shares were bought at an average price of $56.76 per share, for a total transaction of $172,947.72. Following the purchase, the chairman now directly owns 225,000 shares in the company, valued at approximately $12,771,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of Comfort Systems USA stock opened at $56.80 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.31 and a debt-to-equity ratio of 0.13. Comfort Systems USA, Inc. has a 12-month low of $32.95 and a 12-month high of $59.05. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 32.64, a P/E/G ratio of 2.09 and a beta of 1.33.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings data on Friday, July 27th. The construction company reported $0.79 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.69 by $0.10. The firm had revenue of $535.00 million for the quarter, compared to analyst estimates of $532.25 million. Comfort Systems USA had a net margin of 4.07% and a return on equity of 19.88%. The business’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.48 earnings per share. research analysts forecast that Comfort Systems USA, Inc. will post 2.72 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 24th. Stockholders of record on Monday, August 13th were paid a $0.085 dividend. The ex-dividend date was Friday, August 10th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.60%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.08. Comfort Systems USA’s dividend payout ratio is presently 19.54%.

A number of brokerages have issued reports on FIX. Zacks Investment Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $63.00 price target on the stock in a research note on Friday, August 3rd. DA Davidson set a $55.00 price target on shares of Comfort Systems USA and gave the company a “hold” rating in a research note on Monday, July 30th. Sidoti lowered shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research note on Thursday, June 7th. Finally, ValuEngine upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Tuesday, May 8th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $59.00.

Several large investors have recently added to or reduced their stakes in the company. Verition Fund Management LLC acquired a new stake in shares of Comfort Systems USA in the second quarter worth $539,000. California Public Employees Retirement System increased its stake in shares of Comfort Systems USA by 37.5% in the second quarter. California Public Employees Retirement System now owns 19,775 shares of the construction company’s stock worth $906,000 after acquiring an additional 5,388 shares during the period. Zacks Investment Management acquired a new stake in shares of Comfort Systems USA in the second quarter worth $2,814,000. Vident Investment Advisory LLC increased its stake in shares of Comfort Systems USA by 24.7% in the second quarter. Vident Investment Advisory LLC now owns 19,460 shares of the construction company’s stock worth $892,000 after acquiring an additional 3,852 shares during the period. Finally, Impax Asset Management LLC increased its stake in shares of Comfort Systems USA by 15.7% in the second quarter. Impax Asset Management LLC now owns 315,946 shares of the construction company’s stock worth $14,470,000 after acquiring an additional 42,800 shares during the period. Hedge funds and other institutional investors own 91.88% of the company’s stock.

About Comfort Systems USA

Comfort Systems USA, Inc provides mechanical installation, renovation, maintenance, repair, and replacement services for the mechanical services industry in the United States. It is involved in the design, engineering, integration, installation, and start-up of mechanical and related systems; and maintenance, repair, replacement, renovation, expansion, reconfiguration, and monitoring of mechanical systems, including heating, ventilation, and air conditioning (HVAC) systems, as well as industrial process piping.

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