Swiss Life Asset Management Ltd Buys 11,645 Shares of Comfort Systems USA, Inc. $FIX

Swiss Life Asset Management Ltd raised its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 713.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 13,278 shares of the construction company’s stock after purchasing an additional 11,645 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Comfort Systems USA were worth $12,392,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Comfort Systems USA by 17.0% in the fourth quarter. Vanguard Group Inc. now owns 4,310,126 shares of the construction company’s stock valued at $4,022,597,000 after purchasing an additional 625,567 shares during the last quarter. Invesco Ltd. lifted its position in Comfort Systems USA by 7.4% in the third quarter. Invesco Ltd. now owns 1,064,560 shares of the construction company’s stock valued at $878,454,000 after purchasing an additional 73,727 shares during the last quarter. AQR Capital Management LLC lifted its position in Comfort Systems USA by 6.8% in the third quarter. AQR Capital Management LLC now owns 835,560 shares of the construction company’s stock valued at $678,475,000 after purchasing an additional 53,125 shares during the last quarter. JPMorgan Chase & Co. lifted its position 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 valued at $606,117,000 after purchasing an additional 197,613 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Comfort Systems USA by 29.8% in the third quarter. First Trust Advisors LP now owns 513,257 shares of the construction company’s stock valued at $423,529,000 after purchasing an additional 117,892 shares during the last quarter. Institutional investors own 96.51% of the company’s stock.

Insiders Place Their Bets

In other Comfort Systems USA news, Director Darcy Anderson sold 4,500 shares of the stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $1,369.74, for a total value of $6,163,830.00. Following the completion of the transaction, the director owned 18,035 shares in the company, valued at approximately $24,703,260.90. This represents a 19.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William J. Sandbrook sold 2,500 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $1,443.32, for a total value of $3,608,300.00. Following the completion of the transaction, the director owned 9,166 shares of the company’s stock, valued at approximately $13,229,471.12. This trade represents a 21.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 61,024 shares of company stock valued at $99,678,386 in the last 90 days. Corporate insiders own 1.24% of the company’s stock.

Comfort Systems USA Price Performance

FIX opened at $2,017.30 on Wednesday. The stock has a fifty day simple moving average of $1,562.77 and a two-hundred day simple moving average of $1,240.28. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.01. The company has a market cap of $71.01 billion, a price-to-earnings ratio of 58.20 and a beta of 1.70. Comfort Systems USA, Inc. has a 12-month low of $452.04 and a 12-month high of $2,045.14.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.81 by $3.70. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.39 billion. Comfort Systems USA had a return on equity of 51.69% and a net margin of 12.07%.The firm’s quarterly revenue was up 56.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.75 earnings per share. Research analysts predict that Comfort Systems USA, Inc. will post 43.17 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 15th will be issued a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 0.2%. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.70. The ex-dividend date is Friday, May 15th. Comfort Systems USA’s dividend payout ratio is currently 8.08%.

Comfort Systems USA News Summary

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

• Positive Sentiment: Comfort Systems recently increased its quarterly dividend to $0.80 per share from $0.70, signaling management confidence in cash generation and shareholder returns. 5 Stocks Positioned to Win the AI Data Center Buildout
• Positive Sentiment: The company reported strong quarterly results on April 23, with EPS of $10.51 versus $6.81 expected and revenue of $2.87 billion versus $2.39 billion expected, helped by 56.5% year-over-year revenue growth.
• Positive Sentiment: Analysts remain broadly constructive, with several recent price-target increases and a consensus rating of “Moderate Buy,” supporting the stock’s longer-term momentum.
• Neutral Sentiment: Articles noted continued interest tied to data-center construction demand and the company’s role in AI-related infrastructure spending, which can support the growth story but was not a new company-specific announcement. Comfort Systems USA (FIX) Rallied on Strong Demand from Data Center Construction
• Negative Sentiment: CFO William George III sold 1,000 shares at an average price of $2,020.96, and the filing followed a larger 4,000-share sale days earlier, adding to concerns that insiders may be taking profits after the stock’s sharp advance.
• Negative Sentiment: CAO Julie Shaeff also sold 1,123 shares at an average price of $2,000.37, reinforcing the short-term headwind from insider selling.

Analyst Ratings Changes

A number of equities analysts recently commented on FIX shares. KeyCorp upgraded Comfort Systems USA from a “sector weight” rating to an “overweight” rating and set a $2,004.00 target price for the company in a report on Friday, April 24th. DA Davidson upped their target price on Comfort Systems USA from $1,200.00 to $1,800.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a report on Monday, April 20th. UBS Group upped their target price on Comfort Systems USA from $1,680.00 to $1,992.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, Zacks Research downgraded Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,923.20.

About Comfort Systems USA

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.