Comfort Systems USA (NYSE:FIX) Stock Price Up 1.7%

Comfort Systems USA, Inc. (NYSE:FIX - Get Free Report)'s stock price traded up 1.7% during trading on Monday . The company traded as high as $310.50 and last traded at $307.19. 80,756 shares traded hands during trading, a decline of 77% from the average session volume of 351,484 shares. The stock had previously closed at $302.00.

Wall Street Analyst Weigh In

FIX has been the topic of several research reports. DA Davidson raised their price target on Comfort Systems USA from $200.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, February 28th. UBS Group boosted their target price on shares of Comfort Systems USA from $208.00 to $254.00 and gave the stock a "neutral" rating in a report on Thursday, February 15th. KeyCorp initiated coverage on shares of Comfort Systems USA in a report on Wednesday, January 10th. They issued a "sector weight" rating on the stock. Finally, StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Thursday, April 4th.

Comfort Systems USA Stock Performance

The firm has a market cap of $11.10 billion, a price-to-earnings ratio of 30.63 and a beta of 1.19. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.96 and a quick ratio of 0.92. The firm has a fifty day simple moving average of $303.25 and a two-hundred day simple moving average of $235.35.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its earnings results on Thursday, April 25th. The construction company reported $2.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.26 by $0.43. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.48 billion. Comfort Systems USA had a return on equity of 28.65% and a net margin of 6.51%. The firm's quarterly revenue was up 30.8% on a year-over-year basis. During the same quarter last year, the business posted $1.51 EPS. On average, analysts expect that Comfort Systems USA, Inc. will post 11.42 EPS for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Monday, May 13th will be given a $0.30 dividend. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.20 dividend on an annualized basis and a yield of 0.39%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.25. Comfort Systems USA's dividend payout ratio is currently 9.90%.

Insider Buying and Selling

In other news, CFO William George III sold 8,429 shares of the company's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $278.95, for a total value of $2,351,269.55. Following the sale, the chief financial officer now directly owns 62,471 shares of the company's stock, valued at approximately $17,426,285.45. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Comfort Systems USA news, CFO William George III sold 8,429 shares of Comfort Systems USA stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.95, for a total transaction of $2,351,269.55. Following the completion of the transaction, the chief financial officer now owns 62,471 shares in the company, valued at approximately $17,426,285.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO T Mckenna Trent sold 14,185 shares of the company's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $278.55, for a total value of $3,951,231.75. Following the completion of the sale, the chief operating officer now owns 22,644 shares in the company, valued at approximately $6,307,486.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 46,614 shares of company stock worth $13,739,345. 1.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Comfort Systems USA

Hedge funds and other institutional investors have recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in Comfort Systems USA during the first quarter worth $25,000. Byrne Asset Management LLC acquired a new position in shares of Comfort Systems USA in the fourth quarter worth about $26,000. Rise Advisors LLC purchased a new stake in shares of Comfort Systems USA during the 1st quarter worth about $44,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Comfort Systems USA during the 3rd quarter valued at about $59,000. Finally, GAMMA Investing LLC acquired a new stake in shares of Comfort Systems USA during the 4th quarter valued at about $61,000. Institutional investors and hedge funds own 96.51% 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.