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

SkyOak Wealth LLC reduced its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 12.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 have also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in Comfort Systems USA in the 1st quarter valued at about $25,000. Opal Wealth Advisors LLC bought a new stake in shares of Comfort Systems USA during the second quarter valued at approximately $41,000. Rise Advisors LLC acquired a new position in shares of Comfort Systems USA during the first quarter worth approximately $44,000. Headlands Technologies LLC bought a new position in shares of Comfort Systems USA in the 1st quarter worth $65,000. Finally, National Bank of Canada FI grew its position in Comfort Systems USA by 236.5% in the 2nd quarter. National Bank of Canada FI now owns 212 shares of the construction company’s stock valued at $62,000 after purchasing an additional 149 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, 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 transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related 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 completion of the sale, the insider now owns 219,205 shares of the company’s stock, valued at $72,239,007.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Darcy Anderson sold 3,546 shares of Comfort Systems USA 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 sale, the director now owns 37,193 shares of the company’s stock, valued at approximately $12,503,914.67. The disclosure for this sale can be found here. Insiders have sold 24,391 shares of company stock valued at $8,076,855 in the last 90 days. 1.80% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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 Price Performance

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

Comfort Systems USA (NYSE:FIX) last issued its earnings results on Thursday, July 25th. The construction company reported $3.74 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.69 billion. During the same period in the previous year, the company posted $1.93 earnings per share. The business’s revenue was up 39.6% on a year-over-year basis. On average, equities research analysts forecast that Comfort Systems USA, Inc. will post 13.79 earnings per share for the current year.

Comfort Systems USA Announces Dividend

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