New York State Teachers Retirement System Purchases 100 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

New York State Teachers Retirement System lifted its position in Comfort Systems USA, Inc. (NYSE:FIX) by 0.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 25,694 shares of the construction company’s stock after purchasing an additional 100 shares during the period. New York State Teachers Retirement System owned about 0.07% of Comfort Systems USA worth $10,030,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in FIX. Capital World Investors grew its holdings in shares of Comfort Systems USA by 26.6% in the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock worth $684,254,000 after purchasing an additional 451,852 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Comfort Systems USA by 477.9% in the second quarter. Millennium Management LLC now owns 342,724 shares of the construction company’s stock worth $104,229,000 after purchasing an additional 283,416 shares during the last quarter. Westfield Capital Management Co. LP grew its holdings in shares of 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 worth $211,924,000 after purchasing an additional 240,466 shares during the last quarter. Blackstone Inc. purchased a new stake in Comfort Systems USA in the first quarter worth $41,302,000. Finally, Swedbank AB purchased a new stake in Comfort Systems USA in the first quarter worth $31,771,000. Institutional investors own 96.51% of the company’s stock.

Comfort Systems USA Stock Performance

Shares of FIX stock opened at $392.31 on Monday. The stock has a fifty day moving average of $376.75 and a 200 day moving average of $338.76. Comfort Systems USA, Inc. has a 52 week low of $183.23 and a 52 week high of $424.63. The firm has a market capitalization of $13.96 billion, a price-to-earnings ratio of 30.02 and a beta of 1.13. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, beating the consensus estimate of $3.97 by $0.12. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.84 billion. Comfort Systems USA had a return on equity of 32.74% and a net margin of 7.18%. The company’s revenue for the quarter was up 31.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.74 earnings per share. As a group, research analysts expect that Comfort Systems USA, Inc. will post 13.88 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 25th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a $1.40 annualized dividend and a yield of 0.36%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.30. Comfort Systems USA’s dividend payout ratio (DPR) is currently 9.18%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Saturday, October 12th.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 5,845 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the completion of the transaction, the chief financial officer now owns 55,099 shares of the company’s stock, valued at approximately $18,301,683.84. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CFO William George III sold 5,845 shares of Comfort Systems USA stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $332.16, for a total value of $1,941,475.20. Following the completion of the transaction, the chief financial officer now owns 55,099 shares of the company’s stock, valued at $18,301,683.84. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Brian E. Lane sold 15,000 shares of Comfort Systems USA stock in a transaction dated Wednesday, August 14th. The stock was 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 directly owns 219,205 shares of the company’s stock, valued at approximately $72,239,007.75. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 39,091 shares of company stock valued at $13,812,015. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA 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.