Comfort Systems USA, Inc. $FIX Position Cut by AMF Tjanstepension AB

AMF Tjanstepension AB trimmed its position in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 0.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,624 shares of the construction company's stock after selling 966 shares during the quarter. Comfort Systems USA makes up 1.1% of AMF Tjanstepension AB's portfolio, making the stock its 27th biggest position. AMF Tjanstepension AB owned 0.31% of Comfort Systems USA worth $179,674,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIX. Vest Financial LLC increased its stake in shares of Comfort Systems USA by 183.8% in the 3rd quarter. Vest Financial LLC now owns 15,907 shares of the construction company's stock valued at $26,312,000 after acquiring an additional 10,302 shares during the last quarter. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Comfort Systems USA during the 3rd quarter worth approximately $2,647,000. Crossmark Global Holdings Inc. boosted its stake in Comfort Systems USA by 17.2% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 4,962 shares of the construction company's stock worth $8,208,000 after acquiring an additional 727 shares during the last quarter. Range Financial Group LLC grew its holdings in Comfort Systems USA by 2.9% during the third quarter. Range Financial Group LLC now owns 285 shares of the construction company's stock valued at $471,000 after purchasing an additional 8 shares during the period. Finally, Secure Asset Management LLC grew its holdings in Comfort Systems USA by 21.9% during the third quarter. Secure Asset Management LLC now owns 3,249 shares of the construction company's stock valued at $5,374,000 after purchasing an additional 584 shares during the period. 96.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

FIX has been the subject of several recent analyst reports. Zacks Research downgraded shares of Comfort Systems USA from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. The Goldman Sachs Group set a $1,875.00 price target on shares of Comfort Systems USA in a research report on Tuesday. DA Davidson initiated coverage on shares of Comfort Systems USA in a report on Friday, August 21st. They issued a "buy" rating and a $2,100.00 price target for the company. Erste Group Bank cut shares of Comfort Systems USA from a "buy" rating to a "hold" rating in a research report on Wednesday, July 15th. Finally, KeyCorp raised their price objective on Comfort Systems USA from $2,110.00 to $2,125.00 and gave the stock an "overweight" rating in a research note on Thursday, October 15th. Eight 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 company has a consensus rating of "Moderate Buy" and an average price target of $2,044.43.

Insider Buying and Selling at Comfort Systems USA

In other news, insider Brian E. Lane sold 16,024 shares of the company's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $1,608.21, for a total transaction of $25,769,957.04. Following the completion of the transaction, the insider directly owned 145,065 shares of the company's stock, valued at $233,294,983.65. This represents a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Franklin Myers sold 4,000 shares of the stock in a transaction dated 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 transaction, the director owned 8,495 shares of the company's stock, valued at approximately $14,389,850.40. The trade was a 32.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 26,078 shares of company stock valued at $43,211,828 in the last 90 days. 1.24% of the stock is currently owned by company insiders.

Trending Headlines about Comfort Systems USA

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

• Positive Sentiment: Third-quarter earnings reached $13.91 per share, up from $8.25 a year earlier and above estimates of $12.71–$12.85. Revenue rose to $3.77 billion, exceeding the approximately $3.40 billion consensus forecast. Comfort Systems Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Backlog reportedly doubled to $17.81 billion, strengthening visibility into future construction and contracting revenue and supporting the long-term growth outlook. Comfort Systems Q3 2026 Backlog
• Positive Sentiment: The board increased the quarterly dividend by $0.10 to $1.00 per share, payable November 23 to eligible shareholders. The hike signals confidence in cash generation, although the indicated yield remains modest at roughly 0.3%. Comfort Systems Increases Quarterly Dividend
• Neutral Sentiment: Comfort Systems announced a 2027 leadership transition. The change may be monitored by investors, but the available report does not indicate an immediate change to strategy or financial guidance. Comfort Systems Announces 2027 Leadership Transition
• Negative Sentiment: The shares decreased even after the earnings beat, suggesting that expectations were already elevated and investors may be taking profits or reassessing the stock’s premium valuation. The shares remain below their 50-day and 200-day moving averages, indicating continued technical pressure. Comfort Systems Reports Upbeat Q3 but Stock Drops

Comfort Systems USA Trading Down 9.1%

Shares of NYSE:FIX opened at $1,273.29 on Friday. Comfort Systems USA, Inc. has a 12 month low of $791.36 and a 12 month high of $2,073.99. 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 company's fifty day simple moving average is $1,616.95 and its 200 day simple moving average is $1,731.34. The firm has a market cap of $44.81 billion, a price-to-earnings ratio of 34.46 and a beta of 1.66.

Comfort Systems USA (NYSE:FIX - Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The construction company reported $13.91 EPS for the quarter, beating the consensus estimate of $12.85 by $1.06. The business had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $3.40 billion. Comfort Systems USA had a net margin of 12.77% and a return on equity of 53.55%. The firm's revenue was up 53.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $8.25 EPS. As a group, research analysts forecast that Comfort Systems USA, Inc. will post 48.80 EPS for the current fiscal year.

About Comfort Systems USA

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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