Comfort Systems USA, Inc. (NYSE:FIX) insider Brian E. Lane sold 20,000 shares of Comfort Systems USA stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $48.75, for a total value of $975,000.00. Following the transaction, the insider now directly owns 267,491 shares of the company’s stock, valued at $13,040,186.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NYSE:FIX opened at $49.71 on Friday. The company has a market cap of $1.78 billion, a P/E ratio of 14.48 and a beta of 1.07. The company has a quick ratio of 1.45, a current ratio of 1.16 and a debt-to-equity ratio of 0.50. Comfort Systems USA, Inc. has a 52 week low of $27.54 and a 52 week high of $53.29. The business has a fifty day simple moving average of $40.19 and a 200-day simple moving average of $39.77.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, July 27th. The construction company reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.63. The business had revenue of $743.50 million during the quarter, compared to the consensus estimate of $692.90 million. Comfort Systems USA had a return on equity of 21.07% and a net margin of 4.44%. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. Sell-side analysts expect that Comfort Systems USA, Inc. will post 3.5 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 25th. Stockholders of record on Friday, August 14th will be given a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date of this dividend is Thursday, August 13th. Comfort Systems USA’s dividend payout ratio is currently 14.00%.

Several equities analysts have weighed in on FIX shares. TheStreet raised Comfort Systems USA from a “c” rating to a “b-” rating in a research report on Wednesday, June 24th. Zacks Investment Research raised Comfort Systems USA from a “hold” rating to a “strong-buy” rating and set a $56.00 price target for the company in a research report on Friday. DA Davidson raised their price target on Comfort Systems USA from $32.00 to $45.00 in a research report on Wednesday. Sidoti raised their price target on Comfort Systems USA from $31.00 to $40.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Finally, ValuEngine downgraded Comfort Systems USA from a “hold” rating to a “sell” rating in a research report on Tuesday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $47.00.

Large investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in shares of Comfort Systems USA by 48.4% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,453 shares of the construction company’s stock valued at $674,000 after purchasing an additional 6,019 shares during the period. BNP Paribas Arbitrage SA grew its position in shares of Comfort Systems USA by 212.5% in the first quarter. BNP Paribas Arbitrage SA now owns 32,586 shares of the construction company’s stock valued at $1,191,000 after purchasing an additional 22,158 shares during the period. Engineers Gate Manager LP grew its position in shares of Comfort Systems USA by 99.6% in the first quarter. Engineers Gate Manager LP now owns 16,726 shares of the construction company’s stock valued at $611,000 after purchasing an additional 8,346 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Comfort Systems USA by 34.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 130,792 shares of the construction company’s stock valued at $6,520,000 after purchasing an additional 33,213 shares during the period. Finally, APG Asset Management N.V. purchased a new stake in shares of Comfort Systems USA in the first quarter valued at $8,935,000. 92.40% of the stock is owned by institutional investors and hedge funds.

Comfort Systems USA Company Profile

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 plumbing, piping and controls, off-site construction, electrical, monitoring, and fire protection.

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Insider Buying and Selling by Quarter for Comfort Systems USA (NYSE:FIX)

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