629 Comfort Systems USA, Inc. $FIX Shares Bought by Inspire Investing LLC

Inspire Investing LLC grew its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 14.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,065 shares of the construction company’s stock after purchasing an additional 629 shares during the quarter. Inspire Investing LLC’s holdings in Comfort Systems USA were worth $8,378,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Signature Equity Partners LLC increased its holdings 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 purchasing an additional 5 shares during the last quarter. Capital Advisors Inc. OK boosted its stake in Comfort Systems USA by 1.9% during the 2nd quarter. Capital Advisors Inc. OK now owns 321 shares of the construction company’s stock worth $636,000 after acquiring an additional 6 shares during the last quarter. Versant Capital Management Inc grew its holdings in Comfort Systems USA by 3.4% during the third quarter. Versant Capital Management Inc now owns 183 shares of the construction company’s stock valued at $303,000 after purchasing an additional 6 shares during the period. LifeGoal Investments LLC grew its holdings in Comfort Systems USA by 1.9% during the third quarter. LifeGoal Investments LLC now owns 314 shares of the construction company’s stock valued at $519,000 after purchasing an additional 6 shares during the period. Finally, Coston McIsaac & Partners grew its holdings in Comfort Systems USA by 3.0% during the first quarter. Coston McIsaac & Partners now owns 239 shares of the construction company’s stock valued at $329,000 after purchasing an additional 7 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA News Roundup

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. The firm has a market cap of $40.78 billion, a P/E ratio of 25.02 and a beta of 1.66. Comfort Systems USA, Inc. has a twelve month low of $841.66 and a twelve month high of $2,073.99. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.19 and a current ratio of 1.21. The firm’s 50 day moving average price is $1,604.64 and its two-hundred day moving average price is $1,727.33.

Comfort Systems USA (NYSE:FIX) last issued its quarterly earnings results on Thursday, October 22nd. The construction company reported $13.91 EPS for the quarter, beating analysts’ consensus estimates of $12.85 by $1.06. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.40 billion. Comfort Systems USA had a return on equity of 57.72% and a net margin of 13.01%. The company’s quarterly revenue was up 53.7% compared to the same quarter last year. During the same period in the previous year, the company posted $8.25 earnings per share. On average, analysts forecast that Comfort Systems USA, Inc. will post 48.80 EPS for the current fiscal year.

Comfort Systems USA Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Thursday, November 12th will be issued a dividend of $0.10 per share. The ex-dividend date is Thursday, November 12th. This is a drop from Comfort Systems USA’s previous quarterly dividend of $0.90. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.0%. Comfort Systems USA’s dividend payout ratio is 8.85%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on FIX shares. Weiss Ratings lowered shares of Comfort Systems USA from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. KeyCorp boosted their price target on shares of Comfort Systems USA from $2,110.00 to $2,125.00 and gave the company an “overweight” rating in a report on Thursday, October 15th. Stifel Nicolaus set a $1,910.00 price objective on shares of Comfort Systems USA and gave the company a “buy” rating in a research report on Monday, July 27th. The Goldman Sachs Group set a $1,875.00 price objective on Comfort Systems USA in a research note on Tuesday. Finally, Erste Group Bank lowered Comfort Systems USA from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and a consensus target price of $2,044.43.

Insider Activity at Comfort Systems USA

In related news, Director Franklin Myers sold 4,000 shares of Comfort Systems USA stock in a transaction that occurred 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 sale, the director owned 8,495 shares of the company’s stock, valued at approximately $14,389,850.40. This trade represents a 32.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian Lane sold 16,024 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $1,608.21, for a total value of $25,769,957.04. Following the completion of the sale, the insider owned 145,065 shares in the company, valued at $233,294,983.65. The trade was a 9.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 26,078 shares of company stock valued at $43,211,828. 1.24% of the stock is owned by insiders.

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.