Comfort Systems USA, Inc. (NYSE:FIX) Shares Bought by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC raised its position in Comfort Systems USA, Inc. (NYSE:FIX) by 0.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,235 shares of the construction company’s stock after acquiring an additional 130 shares during the period. Comfort Systems USA makes up approximately 1.9% of Lisanti Capital Growth LLC’s holdings, making the stock its 5th biggest holding. Lisanti Capital Growth LLC’s holdings in Comfort Systems USA were worth $7,700,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in Comfort Systems USA in the first quarter valued at approximately $25,000. Byrne Asset Management LLC acquired a new stake in Comfort Systems USA in the fourth quarter valued at approximately $26,000. Rise Advisors LLC acquired a new stake in Comfort Systems USA in the first quarter valued at approximately $44,000. GAMMA Investing LLC acquired a new stake in Comfort Systems USA in the fourth quarter valued at approximately $61,000. Finally, Sunbelt Securities Inc. boosted its stake in Comfort Systems USA by 2,107.7% in the first quarter. Sunbelt Securities Inc. now owns 287 shares of the construction company’s stock valued at $91,000 after acquiring an additional 274 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Wednesday, June 19th.

Insider Activity at Comfort Systems USA

In related news, Director Darcy Anderson sold 3,500 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $344.90, for a total transaction of $1,207,150.00. Following the completion of the transaction, the director now directly owns 40,241 shares in the company, valued at $13,879,120.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Comfort Systems USA news, Director Darcy Anderson sold 3,500 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $344.90, for a total value of $1,207,150.00. Following the completion of the transaction, the director now owns 40,241 shares in the company, valued at $13,879,120.90. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Vance W. Tang sold 3,473 shares of the company’s stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $310.00, for a total transaction of $1,076,630.00. Following the completion of the transaction, the director now owns 8,198 shares of the company’s stock, valued at approximately $2,541,380. The disclosure for this sale can be found here. Insiders sold 7,961 shares of company stock worth $2,622,664 over the last three months. Company insiders own 1.80% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of NYSE FIX traded up $2.76 during midday trading on Friday, reaching $321.82. The company had a trading volume of 211,473 shares, compared to its average volume of 609,541. The business’s 50-day simple moving average is $321.23 and its 200 day simple moving average is $285.76. The stock has a market cap of $11.50 billion, a P/E ratio of 31.86 and a beta of 1.15. Comfort Systems USA, Inc. has a 1 year low of $151.89 and a 1 year high of $352.45. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX) last posted its quarterly 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 business had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Comfort Systems USA had a net margin of 6.51% and a return on equity of 28.65%. The business’s quarterly revenue was up 30.8% on a year-over-year basis. During the same quarter last year, the company posted $1.51 earnings per share. On average, analysts forecast that Comfort Systems USA, Inc. will post 11.9 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 Friday, May 24th. Investors of record on Monday, May 13th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, May 10th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.25. This represents a $1.20 dividend on an annualized basis and a yield of 0.37%. Comfort Systems USA’s payout ratio is currently 11.88%.

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.