Aptus Capital Advisors LLC Purchases 2,814 Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Aptus Capital Advisors LLC grew its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 15.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,251 shares of the construction company's stock after purchasing an additional 2,814 shares during the period. Aptus Capital Advisors LLC owned about 0.06% of Comfort Systems USA worth $8,295,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Cumberland Partners Ltd acquired a new position in Comfort Systems USA during the third quarter valued at approximately $1,561,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Comfort Systems USA in the 3rd quarter valued at approximately $212,000. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Comfort Systems USA in the third quarter valued at $765,000. Rakuten Securities Inc. grew its position in shares of Comfort Systems USA by 5,620.0% in the 3rd quarter. Rakuten Securities Inc. now owns 286 shares of the construction company's stock valued at $112,000 after acquiring an additional 281 shares during the period. Finally, Entropy Technologies LP acquired a new position in shares of Comfort Systems USA during the 3rd quarter worth about $1,484,000. Institutional investors own 96.51% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, October 12th.

Insiders Place Their Bets

In other 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 value of $1,192,129.74. Following the completion of the sale, the director now owns 37,193 shares of the company's stock, valued at approximately $12,503,914.67. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Darcy Anderson sold 3,546 shares of the firm's stock in a transaction that occurred on 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 directly owns 37,193 shares of the company's stock, valued at approximately $12,503,914.67. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $1,941,475.20. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders have sold 26,591 shares of company stock worth $9,892,415 in the last 90 days. Company insiders own 1.80% of the company's stock.

Comfort Systems USA Stock Performance

Shares of FIX traded down $16.75 during trading hours on Wednesday, hitting $446.28. The company had a trading volume of 386,297 shares, compared to its average volume of 384,361. The business has a fifty day moving average of $390.60 and a 200-day moving average of $345.56. The company has a quick ratio of 1.02, a current ratio of 1.04 and a debt-to-equity ratio of 0.04. The firm has a market cap of $15.88 billion, a price-to-earnings ratio of 35.60 and a beta of 1.13. Comfort Systems USA, Inc. has a 12 month low of $185.83 and a 12 month high of $474.62.

Comfort Systems USA (NYSE:FIX - Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The construction company reported $4.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.97 by $0.12. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the business posted $2.74 earnings per share. The business's revenue for the quarter was up 31.5% compared to the same quarter last year. Equities analysts anticipate that Comfort Systems USA, Inc. will post 13.88 EPS for the current fiscal 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 issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.31%. This is a positive change from Comfort Systems USA's previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, November 14th. Comfort Systems USA's dividend payout ratio is currently 9.18%.

About Comfort Systems USA

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.