Comfort Systems USA, Inc. (NYSE:FIX) Holdings Lowered by GW&K Investment Management LLC

GW&K Investment Management LLC lowered its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 9.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 176,321 shares of the construction company's stock after selling 17,682 shares during the period. GW&K Investment Management LLC owned about 0.50% of Comfort Systems USA worth $56,833,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Comfort Systems USA by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 3,780,695 shares of the construction company's stock valued at $1,603,242,000 after purchasing an additional 67,240 shares in the last quarter. FMR LLC lifted its stake in shares of Comfort Systems USA by 9.6% during the fourth quarter. FMR LLC now owns 1,697,035 shares of the construction company's stock valued at $719,645,000 after buying an additional 148,493 shares during the period. Geode Capital Management LLC lifted its stake in shares of Comfort Systems USA by 2.9% during the fourth quarter. Geode Capital Management LLC now owns 769,534 shares of the construction company's stock valued at $326,409,000 after buying an additional 21,406 shares during the period. Federated Hermes Inc. lifted its stake in shares of Comfort Systems USA by 12.4% during the fourth quarter. Federated Hermes Inc. now owns 467,838 shares of the construction company's stock valued at $198,391,000 after buying an additional 51,771 shares during the period. Finally, First Trust Advisors LP lifted its stake in shares of Comfort Systems USA by 29.5% during the fourth quarter. First Trust Advisors LP now owns 463,790 shares of the construction company's stock valued at $196,675,000 after buying an additional 105,756 shares during the period. Hedge funds and other institutional investors own 96.51% of the company's stock.

Insider Transactions at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 8,000 shares of the business's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $506.82, for a total transaction of $4,054,560.00. Following the sale, the director directly owned 26,535 shares in the company, valued at approximately $13,448,468.70. The trade was a 23.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian E. Lane sold 15,000 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $431.66, for a total transaction of $6,474,900.00. Following the sale, the insider owned 198,046 shares in the company, valued at $85,488,536.36. This trade represents a 7.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,800 shares of company stock worth $18,696,795 over the last 90 days. Corporate insiders own 1.59% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on FIX shares. Wall Street Zen lowered shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. DA Davidson raised their price target on shares of Comfort Systems USA from $465.00 to $630.00 and gave the company a "buy" rating in a report on Monday, June 30th. Finally, Stifel Nicolaus raised their price target on shares of Comfort Systems USA from $512.00 to $581.00 and gave the company a "buy" rating in a report on Friday, July 11th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $572.60.

Comfort Systems USA Stock Performance

Shares of Comfort Systems USA stock traded up $8.03 during trading hours on Thursday, reaching $555.94. The company's stock had a trading volume of 183,309 shares, compared to its average volume of 468,083. The company's 50 day simple moving average is $508.34 and its 200 day simple moving average is $433.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.08. Comfort Systems USA, Inc. has a one year low of $272.92 and a one year high of $559.99. The stock has a market cap of $19.61 billion, a P/E ratio of 33.34 and a beta of 1.51.

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 for the quarter, beating the consensus estimate of $3.66 by $1.09. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 8.13% and a return on equity of 36.35%. Comfort Systems USA's quarterly revenue was up 19.1% compared to the same quarter last year. During the same period last year, the firm posted $2.69 EPS. As a group, analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

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.