Lisanti Capital Growth LLC grew its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 36.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,625 shares of the construction company's stock after purchasing an additional 5,225 shares during the quarter. Comfort Systems USA makes up approximately 2.0% of Lisanti Capital Growth LLC's investment portfolio, making the stock its 5th largest position. Lisanti Capital Growth LLC owned approximately 0.06% of Comfort Systems USA worth $8,322,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the stock. Hollencrest Capital Management purchased a new stake in Comfort Systems USA in the 3rd quarter valued at about $28,000. Harbor Investment Advisory LLC raised its stake in shares of Comfort Systems USA by 183.3% during the fourth quarter. Harbor Investment Advisory LLC now owns 85 shares of the construction company's stock valued at $36,000 after acquiring an additional 55 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of Comfort Systems USA by 41.3% in the fourth quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock valued at $45,000 after purchasing an additional 31 shares during the period. True Wealth Design LLC bought a new position in Comfort Systems USA in the third quarter worth approximately $53,000. Finally, Thurston Springer Miller Herd & Titak Inc. increased its holdings in Comfort Systems USA by 28.6% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock worth $53,000 after purchasing an additional 28 shares during the period. 96.51% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several brokerages have weighed in on FIX. Northcoast Research initiated coverage on Comfort Systems USA in a report on Friday, November 22nd. They issued a "buy" rating and a $525.00 target price for the company. Stifel Nicolaus lowered their price objective on shares of Comfort Systems USA from $577.00 to $471.00 and set a "buy" rating for the company in a research note on Monday, February 24th. UBS Group boosted their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a report on Monday, December 9th. StockNews.com raised shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a report on Saturday, February 15th. Finally, Sidoti raised Comfort Systems USA from a "neutral" rating to a "buy" rating and set a $552.00 price target for the company in a research report on Monday, February 24th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $530.75.
View Our Latest Research Report on Comfort Systems USA
Comfort Systems USA Stock Up 4.1 %
NYSE:FIX traded up $12.79 during midday trading on Tuesday, reaching $326.05. 663,365 shares of the stock traded hands, compared to its average volume of 408,725. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. The stock has a market capitalization of $11.59 billion, a PE ratio of 22.32 and a beta of 1.24. Comfort Systems USA, Inc. has a 12-month low of $272.93 and a 12-month high of $553.09. The business has a 50-day moving average of $424.66 and a two-hundred day moving average of $417.62.
Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, February 20th. The construction company reported $4.09 earnings per share for the quarter, topping the consensus estimate of $3.63 by $0.46. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.77 billion. Comfort Systems USA had a net margin of 7.43% and a return on equity of 35.28%. On average, equities analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.
Comfort Systems USA Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Monday, March 10th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.35. Comfort Systems USA's dividend payout ratio (DPR) is 10.95%.
About Comfort Systems USA
(
Free Report)
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.
Featured Articles
Before you consider Comfort Systems USA, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Comfort Systems USA wasn't on the list.
While Comfort Systems USA currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
