XTX Topco Ltd Acquires New Position in Comfort Systems USA, Inc. (NYSE:FIX)

XTX Topco Ltd acquired a new stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,472 shares of the construction company’s stock, valued at approximately $2,272,000.

Other large investors have also bought and sold shares of the company. Capital World Investors increased its position in shares of Comfort Systems USA by 26.6% during the first quarter. Capital World Investors now owns 2,153,707 shares of the construction company’s stock valued at $684,254,000 after acquiring an additional 451,852 shares in the last quarter. Westfield Capital Management Co. LP increased its holdings in shares of Comfort Systems USA by 56.4% in the 1st 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 in the last quarter. Federated Hermes Inc. raised its stake in shares of Comfort Systems USA by 2.1% in the second quarter. Federated Hermes Inc. now owns 415,825 shares of the construction company’s stock worth $126,461,000 after purchasing an additional 8,578 shares during the last quarter. Norges Bank bought a new position in shares of Comfort Systems USA during the fourth quarter valued at $81,299,000. Finally, Congress Asset Management Co. MA boosted its position in shares of Comfort Systems USA by 3.4% during the first quarter. Congress Asset Management Co. MA now owns 271,323 shares of the construction company’s stock valued at $86,202,000 after buying an additional 8,889 shares during the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Trading Down 0.1 %

NYSE:FIX opened at $356.54 on Thursday. The company has a market cap of $12.74 billion, a PE ratio of 35.30 and a beta of 1.13. The company has a current ratio of 1.00, a quick ratio of 0.97 and a debt-to-equity ratio of 0.05. The company has a 50 day simple moving average of $324.18 and a two-hundred day simple moving average of $318.77. Comfort Systems USA, Inc. has a 12 month low of $151.89 and a 12 month high of $368.41.

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

Comfort Systems USA Dividend Announcement

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

Insider Transactions at Comfort Systems USA

In related news, CFO William George III sold 5,845 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total transaction of $1,941,475.20. Following the completion of the sale, the chief financial officer now directly owns 55,099 shares in the company, valued at $18,301,683.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Darcy Anderson sold 3,546 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $336.19, for a total value of $1,192,129.74. Following the transaction, the director now owns 37,193 shares of the company’s stock, valued at $12,503,914.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO William George III sold 5,845 shares of Comfort Systems USA stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $332.16, for a total value of $1,941,475.20. Following the transaction, the chief financial officer now directly owns 55,099 shares in the company, valued at $18,301,683.84. The disclosure for this sale can be found here. Insiders have sold 24,391 shares of company stock worth $8,076,855 in the last quarter. Company insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

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

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.