Edgestream Partners L.P. Acquires Shares of 4,938 Comfort Systems USA, Inc. $FIX

Edgestream Partners L.P. bought a new position in shares of Comfort Systems USA, Inc. (NYSE:FIX) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,938 shares of the construction company’s stock, valued at approximately $6,809,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Prudential PLC bought a new position in Comfort Systems USA during the 4th quarter worth $6,922,000. Ethic Inc. grew its stake in shares of Comfort Systems USA by 80.5% in the fourth quarter. Ethic Inc. now owns 1,677 shares of the construction company’s stock valued at $1,565,000 after acquiring an additional 748 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Comfort Systems USA by 230.4% in the fourth quarter. BNP Paribas Financial Markets now owns 57,199 shares of the construction company’s stock valued at $53,383,000 after acquiring an additional 39,888 shares in the last quarter. Moran Wealth Management LLC increased its position in Comfort Systems USA by 34.0% during the fourth quarter. Moran Wealth Management LLC now owns 28,357 shares of the construction company’s stock worth $26,465,000 after acquiring an additional 7,192 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Comfort Systems USA by 3,378.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 84,731 shares of the construction company’s stock worth $79,079,000 after acquiring an additional 82,295 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Stifel Nicolaus set a $1,910.00 price objective on shares of Comfort Systems USA in a report on Monday. Oppenheimer assumed coverage on shares of Comfort Systems USA in a report on Thursday, May 28th. They set an “outperform” rating and a $2,200.00 target price on the stock. Wall Street Zen downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, Erste Group Bank cut Comfort Systems USA from a “buy” rating to a “hold” rating in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Comfort Systems USA has a consensus rating of “Buy” and a consensus price target of $2,057.86.

Insiders Place Their Bets

In other Comfort Systems USA news, Director Rhoman J. Hardy sold 342 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $1,900.08, for a total value of $649,827.36. Following the sale, the director owned 1,890 shares in the company, valued at $3,591,151.20. This trade represents a 15.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Franklin Myers sold 6,700 shares of the business’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $1,954.47, for a total transaction of $13,094,949.00. Following the sale, the director directly owned 62,115 shares in the company, valued at approximately $121,401,904.05. The trade was a 9.74% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 28,778 shares of company stock worth $56,257,229 over the last 90 days. Insiders own 1.24% of the company’s stock.

Comfort Systems USA Stock Performance

Comfort Systems USA stock opened at $1,693.80 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 0.02. The stock has a market cap of $59.60 billion, a PE ratio of 41.66 and a beta of 1.66. Comfort Systems USA, Inc. has a 12-month low of $655.96 and a 12-month high of $2,073.99. The business’s 50-day moving average price is $1,820.00 and its two-hundred day moving average price is $1,590.13.

Comfort Systems USA (NYSE:FIX) last posted its earnings results on Thursday, July 23rd. The construction company reported $12.53 EPS for the quarter, topping analysts’ consensus estimates of $10.45 by $2.08. Comfort Systems USA had a net margin of 12.77% and a return on equity of 53.55%. The firm had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the prior year, the business earned $6.53 earnings per share. The business’s revenue for the quarter was up 50.3% compared to the same quarter last year. As a group, analysts expect that Comfort Systems USA, Inc. will post 46.77 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Thursday, August 13th will be given a dividend of $0.90 per share. The ex-dividend date is Thursday, August 13th. This represents a $3.60 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 $0.80. Comfort Systems USA’s dividend payout ratio is currently 7.87%.

Comfort Systems USA News Summary

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

• Positive Sentiment: Zacks upgraded Comfort Systems USA to a #1 (Strong Buy) rating, citing growing optimism about the company’s earnings prospects. A separate Zacks Research update also moved the stock from “Hold” to “Strong Buy,” potentially increasing buying interest. Zacks rating upgrade article
• Positive Sentiment: Analysts are raising profit expectations. Erste Group Bank increased its FY2027 EPS estimate to $58.31 from $56.00, while broader upward earnings-estimate revisions are supporting the investment case. MarketBeat analyst estimate report
• Positive Sentiment: Growth-focused coverage remains favorable. Zacks highlighted Comfort Systems’ solid growth characteristics and described it as a potential long-term market-beating stock. The company’s latest reported quarter also showed strong momentum, with revenue up 50.3% year over year and EPS well above consensus estimates. Zacks growth stock article
• Positive Sentiment: Technical signals have improved. A recently formed hammer chart pattern suggests the stock found support after its pullback, while positive earnings revisions could help drive a near-term trend reversal. Zacks technical analysis article
• Neutral Sentiment: Comfort Systems USA is also among the most-watched stocks on Zacks, increasing visibility but not necessarily indicating a change in the company’s fundamentals. Zacks trending stock article

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.