Mitsubishi UFJ Trust & Banking Corp Grows Stock Holdings in Comfort Systems USA, Inc. $FIX

Key Points

• Mitsubishi UFJ Trust & Banking increased its stake in Comfort Systems USA by 92.8% in Q4 to 26,103 shares (~$24.36M), while Pictet added ~24,708 shares, leaving institutional investors with about 96.5% ownership of the stock.
• Comfort Systems delivered a major Q1 beat—EPS $10.51 vs $6.81 consensus and revenue $2.87B (up 56.5% YoY)—spurring analyst upgrades and higher price targets (KeyCorp $2,004; average target ≈ $1,923).
• Insiders have been net sellers, disposing of 37,288 shares (~$53.7M) in the past 90 days, even as the company raised its quarterly dividend to $0.80 ($3.20 annual, ~0.2% yield).

Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 92.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,103 shares of the construction company's stock after purchasing an additional 12,566 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.07% of Comfort Systems USA worth $24,362,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of FIX. R Squared Ltd raised its stake in Comfort Systems USA by 6.7% during the 4th quarter. R Squared Ltd now owns 795 shares of the construction company's stock worth $742,000 after acquiring an additional 50 shares in the last quarter. Exencial Wealth Advisors LLC acquired a new position in Comfort Systems USA in the fourth quarter valued at $280,000. D.A. Davidson & CO. boosted its holdings in shares of Comfort Systems USA by 10.4% in the fourth quarter. D.A. Davidson & CO. now owns 275 shares of the construction company's stock valued at $257,000 after acquiring an additional 26 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in shares of Comfort Systems USA by 401.9% in the fourth quarter. Pictet Asset Management Holding SA now owns 24,708 shares of the construction company's stock valued at $23,061,000 after acquiring an additional 19,785 shares in the last quarter. Finally, State of Michigan Retirement System boosted its holdings in shares of Comfort Systems USA by 19.0% in the fourth quarter. State of Michigan Retirement System now owns 10,000 shares of the construction company's stock valued at $9,333,000 after acquiring an additional 1,600 shares in the last quarter. 96.51% of the stock is owned by hedge funds and other institutional investors.

Comfort Systems USA Price Performance

FIX opened at $1,723.79 on Thursday. The company has a quick ratio of 1.21, a current ratio of 1.24 and a debt-to-equity ratio of 0.01. Comfort Systems USA, Inc. has a 52-week low of $380.00 and a 52-week high of $1,829.66. The company has a 50 day moving average of $1,488.24 and a two-hundred day moving average of $1,181.76. The company has a market cap of $60.68 billion, a P/E ratio of 49.73 and a beta of 1.60.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The construction company reported $10.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.81 by $3.70. The company had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.39 billion. Comfort Systems USA had a net margin of 12.07% and a return on equity of 51.69%. Comfort Systems USA's revenue for the quarter was up 56.5% on a year-over-year basis. During the same period in the previous year, the firm earned $4.75 earnings per share. On average, analysts expect that Comfort Systems USA, Inc. will post 39.28 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Friday, May 15th will be paid a $0.80 dividend. This represents a $3.20 annualized dividend and a dividend yield of 0.2%. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.70. The ex-dividend date is Friday, May 15th. Comfort Systems USA's payout ratio is currently 8.08%.

Insiders Place Their Bets

In other news, Director Franklin Myers sold 8,636 shares of the company's stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $1,472.56, for a total value of $12,717,028.16. Following the completion of the transaction, the director directly owned 73,995 shares in the company, valued at approximately $108,962,077.20. This represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO William George III sold 9,000 shares of the firm's stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $1,434.97, for a total transaction of $12,914,730.00. Following the transaction, the chief financial officer directly owned 37,824 shares of the company's stock, valued at approximately $54,276,305.28. This represents a 19.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 37,288 shares of company stock valued at $53,677,038. Corporate insiders own 1.24% of the company's stock.

Comfort Systems USA News Summary

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

• Positive Sentiment: Q1 results and investor commentary — FIX reported a large Q1 beat (EPS $10.51 vs. $6.81 consensus) and revenue of $2.87B, with management commentary highlighting data‑center work, which supports higher revenue and margin expectations. This is a primary catalyst for the stock rally. Is Comfort Systems USA (FIX) the Best Data Center Engineering and Construction Stock?
• Positive Sentiment: Analyst upgrades and much higher estimates — KeyCorp sharply raised Q2–Q4 and FY2026–FY2027 EPS forecasts and maintained an Overweight rating with a $2,004 price target; the firm now models substantially higher earnings next year (FY2027 $59.38). Upward revisions and a high price target are directly supportive of valuation expansion. Comfort Systems USA analyst notes (MarketBeat summary)
• Positive Sentiment: Momentum recognition — Zacks added FIX to its Rank #1 (Strong Buy) momentum list, which can attract momentum and quant funds and increase short‑term demand for the shares. Best Momentum Stocks to Buy for April 29th
• Positive Sentiment: AI / data‑center demand thesis — Analysts at Zacks highlighted FIX alongside other data‑center infrastructure names as benefiting from AI-driven spending, supporting stronger guidance and longer‑term secular demand for specialized MEP/HVAC services. That thematic support helps justify premium multiples. 2 AI Data Center Infra Giants Looking More Promising After Q1 Results
• Neutral Sentiment: Industry comparison piece — A Zacks comparison of FIX vs. EMCOR (EME) discusses the attractive market drivers for HVAC/building systems (data centers, reshoring, efficiency upgrades) but does not offer a fresh catalyst specific to FIX; useful context but neutral on immediate price impact. Comfort Systems vs. EMCOR: Which HVAC Stock Is the Better Buy?
• Neutral Sentiment: Macro/productivity ETF mention — An article about the Vanguard Small‑Cap Growth ETF (VBK) mentions sector context but is not specific to FIX and is unlikely to move the stock on its own. Should Vanguard Small-Cap Growth Index Fund ETF Shares (VBK) Be on Your Investing Radar?

Analyst Upgrades and Downgrades

A number of research firms recently commented on FIX. Glj Research began coverage on shares of Comfort Systems USA in a report on Monday, April 20th. They set a "buy" rating and a $2,001.00 price objective on the stock. Wall Street Zen downgraded shares of Comfort Systems USA from a "strong-buy" rating to a "buy" rating in a report on Saturday, January 3rd. Stifel Nicolaus boosted their price objective on shares of Comfort Systems USA from $1,611.00 to $1,819.00 and gave the company a "buy" rating in a research report on Thursday, April 16th. KeyCorp raised shares of Comfort Systems USA from a "sector weight" rating to an "overweight" rating and set a $2,004.00 price objective for the company in a research report on Friday, April 24th. Finally, DA Davidson upped their price target on shares of Comfort Systems USA from $1,200.00 to $1,800.00 and gave the stock a "buy" rating in a research report on Monday, February 23rd. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Comfort Systems USA has an average rating of "Moderate Buy" and an average price target 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.

Want to see what other hedge funds are holding FIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comfort Systems USA, Inc. (NYSE:FIX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.