Axa S.A. Has $15.86 Million Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

Axa S.A. increased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 28.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 52,138 shares of the construction company’s stock after purchasing an additional 11,703 shares during the quarter. Axa S.A. owned approximately 0.15% of Comfort Systems USA worth $15,856,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Capital World Investors lifted its holdings in Comfort Systems USA by 26.6% during the 1st quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock worth $684,254,000 after buying an additional 451,852 shares during the period. Westfield Capital Management Co. LP boosted its holdings in Comfort Systems USA by 56.4% in the first quarter. Westfield Capital Management Co. LP now owns 667,036 shares of the construction company’s stock valued at $211,924,000 after acquiring an additional 240,466 shares during the last quarter. Federated Hermes Inc. increased its position in Comfort Systems USA by 2.1% during the 2nd 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 period. Congress Asset Management Co. MA raised its holdings in Comfort Systems USA by 3.4% during the 1st quarter. Congress Asset Management Co. MA now owns 271,323 shares of the construction company’s stock worth $86,202,000 after purchasing an additional 8,889 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Comfort Systems USA by 73.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 269,068 shares of the construction company’s stock worth $55,339,000 after purchasing an additional 114,115 shares during the period. 96.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Comfort Systems USA Stock Down 1.7 %

Shares of NYSE FIX opened at $390.09 on Friday. The firm has a market cap of $13.93 billion, a PE ratio of 38.62 and a beta of 1.13. The company’s fifty day simple moving average is $332.84 and its 200 day simple moving average is $321.82. The company has a quick ratio of 0.97, a current ratio of 1.00 and a debt-to-equity ratio of 0.05. Comfort Systems USA, Inc. has a 12-month low of $151.89 and a 12-month high of $403.07.

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

Comfort Systems USA Announces Dividend

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 dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date was Monday, August 12th. Comfort Systems USA’s dividend payout ratio is currently 11.88%.

Insider Transactions at Comfort Systems USA

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

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.