Essex Financial Services Inc. Takes Position in Comfort Systems USA, Inc. $FIX

Essex Financial Services Inc. acquired a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 411 shares of the construction company’s stock, valued at approximately $339,000.

A number of other hedge funds have also recently added to or reduced their stakes in FIX. Westfield Capital Management Co. LP raised its holdings in shares of Comfort Systems USA by 5.3% during the second quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company’s stock worth $502,113,000 after purchasing an additional 46,773 shares during the period. Geode Capital Management LLC grew its position in shares of Comfort Systems USA by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 821,897 shares of the construction company’s stock valued at $440,764,000 after buying an additional 3,032 shares during the last quarter. AQR Capital Management LLC raised its stake in Comfort Systems USA by 47.5% during the second quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock worth $419,049,000 after acquiring an additional 252,007 shares during the period. JPMorgan Chase & Co. lifted its holdings in Comfort Systems USA by 36.8% in the third quarter. JPMorgan Chase & Co. now owns 734,519 shares of the construction company’s stock worth $606,117,000 after acquiring an additional 197,613 shares during the last quarter. Finally, Norges Bank acquired a new position in Comfort Systems USA in the second quarter valued at approximately $256,998,000. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Buying and Selling

In other news, insider Brian E. Lane sold 7,158 shares of the business’s stock in a transaction on Monday, November 24th. The stock was sold at an average price of $947.98, for a total value of $6,785,640.84. Following the sale, the insider owned 180,888 shares of the company’s stock, valued at approximately $171,478,206.24. The trade was a 3.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Laura Finley Howell sold 1,000 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $996.16, for a total value of $996,160.00. Following the completion of the sale, the senior vice president owned 7,938 shares of the company’s stock, valued at approximately $7,907,518.08. This trade represents a 11.19% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 12,528 shares of company stock valued at $11,972,106 over the last quarter. Corporate insiders own 1.59% of the company’s stock.

Comfort Systems USA Price Performance

Shares of NYSE FIX opened at $1,462.64 on Friday. The stock has a market cap of $51.59 billion, a P/E ratio of 50.61 and a beta of 1.67. The firm’s 50-day simple moving average is $1,107.22 and its 200 day simple moving average is $931.05. Comfort Systems USA, Inc. has a fifty-two week low of $276.44 and a fifty-two week high of $1,476.94. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX) last announced its earnings results on Thursday, February 19th. The construction company reported $9.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.75 by $2.62. Comfort Systems USA had a net margin of 11.23% and a return on equity of 51.28%. The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same quarter in the prior year, the firm posted $4.09 EPS. Comfort Systems USA’s revenue was up 41.7% compared to the same quarter last year. Equities analysts expect that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 17th. Investors of record on Friday, March 6th will be paid a dividend of $0.70 per share. This is a boost from Comfort Systems USA’s previous quarterly dividend of $0.60. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, March 6th. Comfort Systems USA’s dividend payout ratio (DPR) is 8.30%.

Key Stories Impacting Comfort Systems USA

Here are the key news stories impacting Comfort Systems USA this week:

• Positive Sentiment: Q4 results materially beat expectations — Comfort Systems reported $9.37 EPS vs. consensus near $6.75 and revenue of $2.65B vs. ~$2.34B, showing strong margin expansion and year‑over‑year revenue growth that supports near‑term profit momentum. MarketBeat Q4 release
• Positive Sentiment: Management and multiple outlets point to AI/data‑center construction as a major demand driver — large data‑center projects are boosting HVAC/electrical work and helped push orders and utilization higher. This structural tailwind is a key reason investors are re‑rating the shares. Benzinga AI/data center demand
• Positive Sentiment: Backlog and growth trajectory improved — commentary and coverage note a sharply higher backlog (orders roughly doubled in 2025 per reports) and accelerating profit growth over several quarters, supporting revenue visibility. Investors Business Daily backlog coverage
• Positive Sentiment: Dividend raised — the board increased the quarterly payout to $0.70 (≈16.7% increase), signaling confidence in cash flow and returning capital to shareholders. Record/ex‑dividend dates were announced. BusinessWire dividend release
• Neutral Sentiment: Conference call / transcript available — investors should review management’s remarks on margin sustainability, project mix and working capital in the Q4 call transcript for guidance nuance. Seeking Alpha transcript
• Neutral Sentiment: Analyst/sector commentary notes industry headwinds — some pieces highlight rising costs and broader HVAC industry pressure, though they also argue companies with data‑center exposure like FIX may outperform. Zacks sector note
• Negative Sentiment: Valuation and recent run‑up raise risk — FIX now trades at a rich P/E (~62) after a large multi‑quarter rally; that elevates expectations and makes the stock sensitive to any slowdown in data‑center spending or margin reversion.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on FIX. UBS Group reiterated a “buy” rating and set a $1,310.00 price target on shares of Comfort Systems USA in a research report on Monday, February 2nd. Zacks Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 26th. Stifel Nicolaus boosted their price target on shares of Comfort Systems USA from $1,155.00 to $1,196.00 and gave the company a “buy” rating in a report on Monday, January 26th. Wall Street Zen cut shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. Six investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,064.50.

Comfort Systems USA Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.