14,241 Comfort Systems USA, Inc. $FIX Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB reduced its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 92.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,207 shares of the construction company's stock after selling 14,241 shares during the period. E. Ohman J or Asset Management AB's holdings in Comfort Systems USA were worth $1,996,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Signature Equity Partners LLC raised its stake in Comfort Systems USA by 16.7% in the first quarter. Signature Equity Partners LLC now owns 35 shares of the construction company's stock valued at $48,000 after buying an additional 5 shares in the last quarter. Capital Advisors Inc. OK grew its position in shares of Comfort Systems USA by 1.9% in the 2nd quarter. Capital Advisors Inc. OK now owns 321 shares of the construction company's stock valued at $636,000 after buying an additional 6 shares during the last quarter. Versant Capital Management Inc grew its position in shares of Comfort Systems USA by 3.4% in the 3rd quarter. Versant Capital Management Inc now owns 183 shares of the construction company's stock valued at $303,000 after buying an additional 6 shares during the last quarter. LifeGoal Investments LLC grew its position in shares of Comfort Systems USA by 1.9% in the 3rd quarter. LifeGoal Investments LLC now owns 314 shares of the construction company's stock valued at $519,000 after buying an additional 6 shares during the last quarter. Finally, Coston McIsaac & Partners raised its stake in Comfort Systems USA by 3.0% during the 1st quarter. Coston McIsaac & Partners now owns 239 shares of the construction company's stock worth $329,000 after acquiring an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 96.51% of the company's stock.

Insiders Place Their Bets

In other news, Director Franklin Myers sold 4,000 shares of the business's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $1,693.92, for a total value of $6,775,680.00. Following the completion of the transaction, the director directly owned 8,495 shares of the company's stock, valued at $14,389,850.40. The trade was a 32.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO William George, III sold 2,554 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,859.65, for a total value of $4,749,546.10. Following the completion of the sale, the chief financial officer owned 30,250 shares in the company, valued at $56,254,412.50. This represents a 7.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 26,078 shares of company stock valued at $43,211,828. Corporate insiders own 1.24% of the company's stock.

Wall Street Analysts Forecast Growth

FIX has been the subject of a number of research reports. Weiss Ratings raised shares of Comfort Systems USA from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Stifel Nicolaus set a $1,910.00 price objective on Comfort Systems USA and gave the stock a "buy" rating in a report on Monday, July 27th. DA Davidson started coverage on Comfort Systems USA in a report on Friday, August 21st. They set a "buy" rating and a $2,100.00 price objective on the stock. The Goldman Sachs Group set a $1,875.00 target price on Comfort Systems USA in a research report on Tuesday. Finally, Erste Group Bank cut Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Wednesday, July 15th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $2,044.43.

Key Stories Impacting Comfort Systems USA

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

• Positive Sentiment: Third-quarter revenue rose 53.7% year over year to $3.77 billion, exceeding the $3.40 billion consensus estimate. Adjusted earnings of $13.91 per share also topped expectations of approximately $12.71–$12.85 and increased from $8.25 a year earlier. Comfort Systems Q3 Earnings and Revenues Beat Estimates, Backlog Surges
• Positive Sentiment: Backlog surged approximately 90% year over year to $17.8 billion, providing substantial future revenue visibility. Demand remained particularly strong for technology-related construction projects, including data-center and AI infrastructure. Comfort Systems: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Management expects modular construction capacity to reach 6 million square feet by late 2027, supporting its ability to capture continued growth in large technology and industrial projects. The board also announced a quarterly dividend increase to $1.00 per share. Comfort Systems USA Increases Quarterly Dividend

Comfort Systems USA Stock Performance

Shares of FIX opened at $1,158.74 on Friday. Comfort Systems USA, Inc. has a 12-month low of $841.66 and a 12-month high of $2,073.99. The stock has a market cap of $40.78 billion, a P/E ratio of 25.02 and a beta of 1.66. The company has a current ratio of 1.21, a quick ratio of 1.19 and a debt-to-equity ratio of 0.02. The company has a 50-day moving average of $1,604.64 and a two-hundred day moving average of $1,727.33.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The construction company reported $13.91 EPS for the quarter, beating the consensus estimate of $12.85 by $1.06. Comfort Systems USA had a net margin of 13.01% and a return on equity of 57.72%. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the prior year, the business earned $8.25 earnings per share. The company's quarterly revenue was up 53.7% on a year-over-year basis. As a group, research analysts predict that Comfort Systems USA, Inc. will post 48.80 EPS for the current fiscal year.

Comfort Systems USA Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Shareholders of record on Thursday, November 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, November 12th. This is a negative change from Comfort Systems USA's previous quarterly dividend of $0.90. This represents a $0.40 annualized dividend and a yield of 0.0%. Comfort Systems USA's dividend payout ratio (DPR) is 8.85%.

Comfort Systems USA Profile

Comfort Systems USA, Inc NYSE: FIX is a provider of mechanical and electrical contracting services for commercial, industrial, and institutional customers. The company designs, installs, maintains, repairs, and replaces heating, ventilation, air conditioning, and temperature-control systems, as well as plumbing, piping, electrical, and related building systems.

Its services support new construction, building renovations, facility upgrades, and ongoing maintenance. Comfort Systems USA also provides specialized services for data centers, manufacturing facilities, healthcare buildings, educational institutions, and other complex commercial and industrial projects.

Founded in 1997 and headquartered in Houston, Texas, the company operates through a network of regional contracting businesses serving customers across the United States.

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