Forge First Asset Management Inc. Sells 5,053 Shares of Comfort Systems USA, Inc. $FIX

Forge First Asset Management Inc. decreased its position in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 58.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 3,545 shares of the construction company’s stock after selling 5,053 shares during the quarter. Comfort Systems USA makes up approximately 1.3% of Forge First Asset Management Inc.’s portfolio, making the stock its 25th biggest position. Forge First Asset Management Inc.’s holdings in Comfort Systems USA were worth $2,926,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new position in Comfort Systems USA in the second quarter worth approximately $256,998,000. AQR Capital Management LLC increased its holdings in shares of Comfort Systems USA by 47.5% in the 2nd quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock valued at $419,049,000 after acquiring an additional 252,007 shares during the period. Artisan Partners Limited Partnership bought a new position in shares of Comfort Systems USA in the 2nd quarter worth $114,551,000. JPMorgan Chase & Co. lifted its stake in shares of Comfort Systems USA by 36.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 734,519 shares of the construction company’s stock worth $606,117,000 after purchasing an additional 197,613 shares during the last quarter. Finally, AMF Tjanstepension AB bought a new stake in Comfort Systems USA during the third quarter valued at about $156,183,000. 96.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Comfort Systems USA

In other news, Director William J. Sandbrook sold 2,500 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $1,443.32, for a total value of $3,608,300.00. Following the sale, the director directly owned 9,166 shares of the company’s stock, valued at $13,229,471.12. This represents a 21.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brian E. Lane sold 9,365 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $1,453.12, for a total transaction of $13,608,468.80. Following the completion of the sale, the insider owned 171,523 shares in the company, valued at $249,243,501.76. The trade was a 5.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 27,735 shares of company stock worth $37,445,464. Corporate insiders own 1.59% of the company’s stock.

Comfort Systems USA Price Performance

NYSE FIX opened at $1,440.06 on Friday. The company has a market cap of $50.65 billion, a price-to-earnings ratio of 49.83 and a beta of 1.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.19. The stock’s fifty day moving average price is $1,147.80 and its 200 day moving average price is $951.86. Comfort Systems USA, Inc. has a 1 year low of $276.44 and a 1 year high of $1,500.00.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Thursday, February 19th. The construction company reported $9.37 earnings per share for the quarter, beating the consensus estimate of $6.75 by $2.62. Comfort Systems USA had a return on equity of 48.52% and a net margin of 11.23%.The business had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the previous year, the business earned $4.09 EPS. The company’s quarterly revenue was up 41.7% compared to the same quarter last year. As a group, equities research analysts forecast that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on FIX. Stifel Nicolaus set a $1,611.00 target price on shares of Comfort Systems USA in a report on Monday. Zacks Research upgraded shares of Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. UBS Group reissued a “buy” rating and set a $1,310.00 target price on shares of Comfort Systems USA in a research report on Monday, February 2nd. Wall Street Zen lowered shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Comfort Systems USA currently has an average rating of “Buy” and a consensus target price of $1,573.67.

More Comfort Systems USA News

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

• Positive Sentiment: Q4 beat and massive backlog — FIX reported $9.37 EPS vs. $6.75 expected and revenue of $2.65B (+41.7% YoY); year‑end backlog nearly doubled to ~$11.94B driven by data‑center and new construction demand, supporting near‑term revenue visibility and higher free cash flow. Comfort Systems: Strong Earnings and the Case for a Split
• Positive Sentiment: Bullish research and dividend action — Zacks upgraded FIX (to strong‑buy) and several firms raised targets (DA Davidson, Stifel, UBS coverage noted); company raised the quarterly dividend to $0.70, showing strong cash flow coverage. Zacks Research
• Positive Sentiment: Positive thematic coverage — independent analysis highlights Comfort Systems as a high‑growth infrastructure/data‑center play and a standout among mechanical contractors, reinforcing momentum narrative. Seeking Alpha: Infrastructure Superstar
• Neutral Sentiment: Broader media mentions — FIX appears on dividend/watchlist roundups and multiple bullish articles highlighting momentum and growth attributes; useful for retail interest but less immediate impact than earnings/backlog. 247WallSt mention
• Negative Sentiment: Insider selling pressure — several insiders sold shares following the record results, including Brian E. Lane (9,365 shares, ~$13.6M) and Director William J. Sandbrook (2,500 shares). Large, clustered sales can signal profit‑taking or create short‑term selling pressure. Brian E. Lane Form 4
• Negative Sentiment: Additional director sales and media coverage of insider exits — other directors (Pablo Mercado, Constance Skidmore) also trimmed positions; media noted insiders selling after record results, which may reinforce concerns about peak expectations. Yahoo Finance: Insiders Sell After Record Results

Comfort Systems USA Company 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.