Ensign Peak Advisors Inc Has $7.20 Million Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Ensign Peak Advisors Inc increased its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,968 shares of the construction company's stock after purchasing an additional 784 shares during the period. Ensign Peak Advisors Inc's holdings in Comfort Systems USA were worth $7,195,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Consolidated Planning Corp increased its position in shares of Comfort Systems USA by 49.0% during the fourth quarter. Consolidated Planning Corp now owns 4,783 shares of the construction company's stock worth $2,028,000 after acquiring an additional 1,573 shares during the last quarter. Raymond James Financial Inc. bought a new position in Comfort Systems USA in the 4th quarter worth approximately $39,038,000. BOCHK Asset Management Ltd acquired a new stake in Comfort Systems USA in the fourth quarter worth approximately $509,000. HB Wealth Management LLC bought a new stake in Comfort Systems USA in the fourth quarter worth about $292,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Comfort Systems USA by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,670 shares of the construction company's stock valued at $1,042,000 after purchasing an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FIX. DA Davidson raised their price objective on shares of Comfort Systems USA from $440.00 to $465.00 and gave the stock a "buy" rating in a research note on Monday, April 28th. StockNews.com downgraded shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a report on Thursday, April 17th. Stifel Nicolaus cut their price target on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating on the stock in a report on Monday, February 24th. Finally, Sidoti upgraded shares of Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 target price on the stock in a report on Monday, February 24th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $517.60.

Comfort Systems USA Trading Up 2.1%

FIX stock traded up $9.53 during midday trading on Friday, reaching $472.90. The company's stock had a trading volume of 316,389 shares, compared to its average volume of 440,029. The stock has a market cap of $16.68 billion, a PE ratio of 32.37 and a beta of 1.48. Comfort Systems USA, Inc. has a 52 week low of $272.93 and a 52 week high of $553.09. The business's 50-day simple moving average is $370.85 and its 200-day simple moving average is $414.95. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The construction company reported $4.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.66 by $1.09. The company had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. The firm's revenue was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.69 earnings per share. As a group, sell-side analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.45 per share. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date is Friday, May 16th. This represents a $1.80 annualized dividend and a yield of 0.38%. Comfort Systems USA's dividend payout ratio (DPR) is currently 10.80%.

Insider Activity at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 12,500 shares of Comfort Systems USA stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $470.11, for a total value of $5,876,375.00. Following the transaction, the chief financial officer now owns 47,473 shares in the company, valued at $22,317,532.03. The trade was a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Vance W. Tang sold 500 shares of the company's stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $422.00, for a total transaction of $211,000.00. Following the transaction, the director now owns 4,998 shares of the company's stock, valued at $2,109,156. This trade represents a 9.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,800 shares of company stock worth $14,642,235. Insiders own 1.59% 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.