TD Private Client Wealth LLC Has $424,000 Stock Holdings in Comfort Systems USA, Inc. (NYSE:FIX)

TD Private Client Wealth LLC grew its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 45.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,087 shares of the construction company’s stock after purchasing an additional 339 shares during the period. TD Private Client Wealth LLC’s holdings in Comfort Systems USA were worth $424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Hollencrest Capital Management acquired a new position in Comfort Systems USA in the third quarter valued at about $28,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Comfort Systems USA in the third quarter valued at $38,000. V Square Quantitative Management LLC raised its holdings in shares of Comfort Systems USA by 59.5% in the third quarter. V Square Quantitative Management LLC now owns 126 shares of the construction company’s stock valued at $49,000 after buying an additional 47 shares during the last quarter. True Wealth Design LLC acquired a new position in Comfort Systems USA during the 3rd quarter worth about $53,000. Finally, Contravisory Investment Management Inc. grew its holdings in Comfort Systems USA by 126.9% during the 3rd quarter. Contravisory Investment Management Inc. now owns 152 shares of the construction company’s stock worth $59,000 after acquiring an additional 85 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on FIX. UBS Group boosted their target price on shares of Comfort Systems USA from $525.00 to $575.00 and gave the stock a “buy” rating in a research note on Monday, December 9th. Stifel Nicolaus started coverage on shares of Comfort Systems USA in a report on Friday, November 15th. They issued a “buy” rating and a $524.00 price target for the company. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a report on Saturday, October 12th. Finally, Northcoast Research started coverage on Comfort Systems USA in a research note on Friday, November 22nd. They issued a “buy” rating and a $525.00 target price for the company. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and a consensus target price of $493.50.

Insider Buying and Selling at Comfort Systems USA

In other news, COO T Mckenna Trent sold 4,000 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $484.81, for a total value of $1,939,240.00. Following the completion of the sale, the chief operating officer now directly owns 23,990 shares of the company’s stock, valued at $11,630,591.90. This represents a 14.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Chairman Franklin Myers sold 12,000 shares of Comfort Systems USA stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $390.18, for a total transaction of $4,682,160.00. Following the transaction, the chairman now directly owns 106,498 shares in the company, valued at $41,553,389.64. The trade was a 10.13 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 36,200 shares of company stock valued at $15,431,250. 1.80% of the stock is currently owned by company insiders.

Comfort Systems USA Stock Down 1.4 %

Shares of NYSE:FIX opened at $462.33 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.04 and a quick ratio of 1.02. The stock has a market cap of $16.45 billion, a price-to-earnings ratio of 35.37 and a beta of 1.18. The company has a 50 day moving average of $443.70 and a 200-day moving average of $369.15. Comfort Systems USA, Inc. has a one year low of $194.30 and a one year high of $510.79.

Comfort Systems USA (NYSE:FIX) last released its earnings results on Thursday, October 24th. The construction company reported $4.09 EPS for the quarter, topping analysts’ consensus estimates of $3.97 by $0.12. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.84 billion. Comfort Systems USA had a net margin of 7.18% and a return on equity of 32.74%. The business’s quarterly revenue was up 31.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.74 EPS. On average, sell-side analysts forecast that Comfort Systems USA, Inc. will post 13.95 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Thursday, November 14th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date was Thursday, November 14th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.30. Comfort Systems USA’s dividend payout ratio is currently 10.71%.

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.