Comfort Systems USA, Inc. $FIX Shares Bought by Citigroup Inc.

Citigroup Inc. grew its stake in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 29.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,074 shares of the construction company’s stock after buying an additional 3,202 shares during the period. Citigroup Inc.’s holdings in Comfort Systems USA were worth $11,614,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Westfield Capital Management Co. LP grew its position in Comfort Systems USA by 5.3% during the second quarter. Westfield Capital Management Co. LP now owns 936,412 shares of the construction company’s stock valued at $502,113,000 after acquiring an additional 46,773 shares during the period. Geode Capital Management LLC increased its position in Comfort Systems USA by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 821,897 shares of the construction company’s stock worth $440,764,000 after purchasing an additional 3,032 shares in the last quarter. AQR Capital Management LLC increased its position in Comfort Systems USA by 47.5% during the 2nd quarter. AQR Capital Management LLC now owns 782,435 shares of the construction company’s stock worth $419,049,000 after purchasing an additional 252,007 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Comfort Systems USA by 36.8% in the third quarter. JPMorgan Chase & Co. now owns 734,519 shares of the construction company’s stock valued at $606,117,000 after buying an additional 197,613 shares during the period. Finally, Norges Bank acquired a new position in Comfort Systems USA during the second quarter valued at approximately $256,998,000. 96.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on FIX. DA Davidson increased their price objective 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. UBS Group reiterated a “buy” rating and issued a $1,310.00 price target on shares of Comfort Systems USA in a report on Monday, February 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research note on Wednesday, January 21st. Stifel Nicolaus set a $1,611.00 target price on Comfort Systems USA in a research report on Monday, February 23rd. Finally, Wall Street Zen downgraded Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $1,573.67.

Key Stories Impacting Comfort Systems USA

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

• Positive Sentiment: Blowout Q4 results and massive backlog — FIX reported Q4 EPS of $9.37 vs. $4.09 a year earlier and revenue of $2.65B, driven by data‑center/new construction demand; year‑end backlog jumped to roughly $11.9B, signaling multi‑quarter visibility for revenue. Read More.
• Positive Sentiment: Record earnings, dividend raise and upgrades — management raised the quarterly dividend (now $0.70), free cash flow exceeded $1B for 2025, and firms including Zacks and DA Davidson have moved to bullish ratings/targets, supporting upside in analyst expectations. Read More.
• Positive Sentiment: Data‑center/AI tailwind and positive coverage — multiple outlets highlight FIX’s fast growth from tech customers (~45% of revenue) and modular/building electrical work as durable growth drivers, underpinning higher price targets from brokers. Read More.
• Neutral Sentiment: Stock‑split discussion — commentators note a potential split could improve retail accessibility but would be cosmetic (no change to fundamentals). Read More.
• Negative Sentiment: Heavy insider selling this week — multiple insiders (including the CEO, CFO and several directors) sold large blocks of shares totaling millions of dollars, which can create short‑term downward pressure or signal liquidity needs. Read More. Read More.
• Negative Sentiment: Valuation and near‑term execution risk — FIX is trading at elevated multiples after the rally; 2026 will require sustaining very tough year‑over‑year comps after nearly doubling EPS in 2025, which raises execution expectations. Read More.

Comfort Systems USA Stock Down 0.6%

Shares of Comfort Systems USA stock opened at $1,430.19 on Friday. Comfort Systems USA, Inc. has a 1-year low of $276.44 and a 1-year high of $1,500.00. The company has a market capitalization of $50.30 billion, a PE ratio of 49.49 and a beta of 1.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.21 and a quick ratio of 1.19. The business has a 50-day moving average of $1,157.54 and a 200-day moving average of $958.64.

Comfort Systems USA (NYSE:FIX) last released its quarterly earnings results on Thursday, February 19th. The construction company reported $9.37 EPS for the quarter, topping the consensus estimate of $6.75 by $2.62. Comfort Systems USA had a return on equity of 48.52% and a net margin of 11.23%.The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the previous year, the firm posted $4.09 earnings per share. The company’s revenue was up 41.7% compared to the same quarter last year. As a group, equities analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Friday, March 6th will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, March 6th. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.60. This represents a $2.80 dividend on an annualized basis and a dividend yield of 0.2%. Comfort Systems USA’s dividend payout ratio is 8.30%.

Insiders Place Their Bets

In other news, Director William J. Sandbrook sold 2,500 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $1,443.32, for a total value of $3,608,300.00. Following the sale, the director owned 9,166 shares in the company, valued at approximately $13,229,471.12. This represents a 21.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Brian E. Lane sold 9,365 shares of Comfort Systems USA stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $1,453.12, for a total value of $13,608,468.80. Following the completion of the transaction, the insider owned 171,523 shares of the company’s stock, valued at $249,243,501.76. This trade represents a 5.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 36,371 shares of company stock valued at $50,162,493. 1.59% of the stock is owned by insiders.

Comfort Systems USA Company 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.