Robeco Schweiz AG Boosts Stake in Comfort Systems USA, Inc. (NYSE:FIX)

Robeco Schweiz AG grew its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 459.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,252 shares of the construction company's stock after buying an additional 106,152 shares during the quarter. Robeco Schweiz AG owned 0.37% of Comfort Systems USA worth $41,662,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in FIX. Tradewinds Capital Management LLC grew its stake in Comfort Systems USA by 49.1% in the 1st quarter. Tradewinds Capital Management LLC now owns 82 shares of the construction company's stock valued at $26,000 after acquiring an additional 27 shares during the last quarter. Versant Capital Management Inc lifted its holdings in shares of Comfort Systems USA by 257.1% in the first quarter. Versant Capital Management Inc now owns 100 shares of the construction company's stock valued at $32,000 after purchasing an additional 72 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Comfort Systems USA by 1,925.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 81 shares of the construction company's stock valued at $34,000 after purchasing an additional 77 shares during the last quarter. Colonial Trust Co SC grew its position in shares of Comfort Systems USA by 352.6% in the fourth quarter. Colonial Trust Co SC now owns 86 shares of the construction company's stock valued at $36,000 after purchasing an additional 67 shares during the last quarter. Finally, Rothschild Investment LLC increased its stake in shares of Comfort Systems USA by 106.9% during the 1st quarter. Rothschild Investment LLC now owns 120 shares of the construction company's stock worth $39,000 after purchasing an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Analyst Ratings Changes

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

Insider Transactions at Comfort Systems USA

In related news, Director Pablo G. Mercado sold 1,800 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were sold at an average price of $436.10, for a total value of $784,980.00. Following the sale, the director directly owned 7,236 shares of the company's stock, valued at approximately $3,155,619.60. This trade represents a 19.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Vance W. Tang sold 500 shares of the company's stock in a transaction that occurred 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 directly owned 4,998 shares of the company's stock, valued at $2,109,156. This trade represents a 9.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 40,800 shares of company stock worth $18,696,795 in the last quarter. 1.59% of the stock is currently owned by corporate insiders.

Comfort Systems USA Trading Up 1.2%

NYSE FIX traded up $6.34 during mid-day trading on Friday, reaching $540.11. 263,894 shares of the stock were exchanged, compared to its average volume of 414,667. The stock has a market capitalization of $19.06 billion, a PE ratio of 32.40 and a beta of 1.51. 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 1-year low of $272.93 and a 1-year high of $553.09. The business's fifty day simple moving average is $492.24 and its 200 day simple moving average is $427.21.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The construction company reported $4.75 earnings per share for the quarter, topping analysts' consensus estimates of $3.66 by $1.09. The company had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.77 billion. Comfort Systems USA had a return on equity of 36.35% and a net margin of 8.13%. The business's revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.69 EPS. On average, research analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Friday, May 16th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Friday, May 16th. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.40. This represents a $1.80 annualized dividend and a yield of 0.33%. Comfort Systems USA's dividend payout ratio is 10.80%.

About Comfort Systems USA

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.