SkyOak Wealth LLC Sells 203 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

SkyOak Wealth LLC decreased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 12.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,454 shares of the construction company’s stock after selling 203 shares during the period. SkyOak Wealth LLC’s holdings in Comfort Systems USA were worth $442,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Axxcess Wealth Management LLC grew its stake in shares of Comfort Systems USA by 197.4% during the second quarter. Axxcess Wealth Management LLC now owns 1,933 shares of the construction company’s stock valued at $588,000 after buying an additional 1,283 shares during the last quarter. Virtu Financial LLC grew its position in Comfort Systems USA by 251.4% during the 2nd quarter. Virtu Financial LLC now owns 13,680 shares of the construction company’s stock worth $4,160,000 after acquiring an additional 9,787 shares during the last quarter. Edgestream Partners L.P. grew its position in Comfort Systems USA by 8.8% during the 2nd quarter. Edgestream Partners L.P. now owns 5,700 shares of the construction company’s stock worth $1,733,000 after acquiring an additional 462 shares during the last quarter. Renaissance Technologies LLC increased its stake in Comfort Systems USA by 53.6% in the 2nd quarter. Renaissance Technologies LLC now owns 33,800 shares of the construction company’s stock worth $10,279,000 after purchasing an additional 11,800 shares during the period. Finally, Federated Hermes Inc. lifted its position in Comfort Systems USA by 2.1% in the second quarter. Federated Hermes Inc. now owns 415,825 shares of the construction company’s stock valued at $126,461,000 after purchasing an additional 8,578 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Wall Street Analyst Weigh In

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

Comfort Systems USA Stock Up 2.0 %

Shares of NYSE:FIX opened at $357.19 on Wednesday. The stock’s 50-day moving average is $323.24 and its 200 day moving average is $318.50. The company has a market cap of $12.76 billion, a PE ratio of 35.37 and a beta of 1.13. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.00 and a quick ratio of 0.97. Comfort Systems USA, Inc. has a 1 year low of $151.89 and a 1 year high of $359.33.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings data on Thursday, July 25th. The construction company reported $3.74 earnings per share for the quarter, topping analysts’ consensus estimates of $3.14 by $0.60. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.69 billion. Comfort Systems USA had a return on equity of 31.49% and a net margin of 7.02%. The business’s quarterly revenue was up 39.6% compared to the same quarter last year. During the same period last year, the company earned $1.93 EPS. Sell-side analysts anticipate that Comfort Systems USA, Inc. will post 13.79 EPS for the current year.

Comfort Systems USA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.30 dividend. The ex-dividend date was Monday, August 12th. This represents a $1.20 annualized dividend and a yield of 0.34%. Comfort Systems USA’s dividend payout ratio (DPR) is presently 11.88%.

Insider Transactions at Comfort Systems USA

In related news, Director Darcy Anderson sold 3,546 shares of the business’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the transaction, the director now owns 37,193 shares in the company, valued at $12,503,914.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Comfort Systems USA news, Director Darcy Anderson sold 3,546 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total transaction of $1,192,129.74. Following the transaction, the director now owns 37,193 shares in the company, valued at approximately $12,503,914.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian E. Lane sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $329.55, for a total value of $4,943,250.00. Following the completion of the transaction, the insider now owns 219,205 shares of the company’s stock, valued at approximately $72,239,007.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,391 shares of company stock valued at $8,076,855. Company insiders own 1.80% 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.