Avior Wealth Management LLC Sells 714 Shares of Comfort Systems USA, Inc. $FIX

Avior Wealth Management LLC decreased its holdings in Comfort Systems USA, Inc. (NYSE:FIX) by 27.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,901 shares of the construction company’s stock after selling 714 shares during the period. Avior Wealth Management LLC’s holdings in Comfort Systems USA were worth $1,774,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Private Client Services LLC lifted its holdings in shares of Comfort Systems USA by 624.4% during the third quarter. Private Client Services LLC now owns 2,731 shares of the construction company’s stock worth $2,254,000 after buying an additional 2,354 shares in the last quarter. Brown Advisory Inc. grew its position in shares of Comfort Systems USA by 2,271.3% during the 2nd quarter. Brown Advisory Inc. now owns 16,528 shares of the construction company’s stock worth $8,863,000 after purchasing an additional 15,831 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Comfort Systems USA by 19.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,277 shares of the construction company’s stock worth $12,474,000 after purchasing an additional 2,461 shares in the last quarter. Triasima Portfolio Management inc. bought a new position in Comfort Systems USA during the 3rd quarter worth $2,392,000. Finally, Citigroup Inc. increased its position in shares of Comfort Systems USA by 29.5% in the third quarter. Citigroup Inc. now owns 14,074 shares of the construction company’s stock worth $11,614,000 after purchasing an additional 3,202 shares during the period. Institutional investors and hedge funds own 96.51% of the company’s stock.

Insider Activity

In related news, Director Franklin Myers sold 8,636 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,472.56, for a total transaction of $12,717,028.16. Following the completion of the transaction, the director owned 73,995 shares in the company, valued at $108,962,077.20. This represents a 10.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director William J. Sandbrook sold 2,500 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $1,443.32, for a total transaction of $3,608,300.00. Following the completion of the transaction, the director directly owned 9,166 shares of the company’s stock, valued at approximately $13,229,471.12. The trade was a 21.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 37,288 shares of company stock valued at $53,677,038. 1.59% of the stock is owned by corporate insiders.

Comfort Systems USA News Summary

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

• Positive Sentiment: Company reported a stronger-than-expected backlog and improved returns on capital, which analysts say justified recent gains and underpins longer‑term revenue visibility. Why Comfort Systems USA (FIX) Is Up 5.2% After Strong Backlog And Higher Returns On Capital
• Positive Sentiment: Ongoing demand for data‑center cooling and HVAC services is cited as a durable growth driver for Comfort Systems’ service and project backlog, supporting elevated revenue expectations. Data Center Cooling Provider Sees Ongoing Demand. Shares Are Near A High.
• Positive Sentiment: Zacks upgraded FIX to a Zacks Rank #1 (Strong Buy), which can attract additional buy-side interest and supports near-term analyst-driven flows. Comfort Systems (FIX) Upgraded to Strong Buy: What Does It Mean for the Stock?
• Positive Sentiment: Consensus analyst coverage remains mostly bullish (Buy/Strong Buy majority), which supports investor confidence in the company’s strategy and valuation over the medium term. Comfort Systems USA, Inc. (NYSE:FIX) Receives Average Rating of “Buy” from Analysts
• Neutral Sentiment: Coverage pieces reminding investors about analyst recommendations and fundamentals can increase trading volume and volatility without changing the underlying story. Brokers Suggest Investing in Comfort Systems (FIX): Read This Before Placing a Bet
• Negative Sentiment: Short-term pullback appears linked to profit-taking after the recent run-up and visible insider selling (multiple Form 4s), which increases perceived near-term supply and can pressure the stock. Comfort Systems USA shares slide 4.2% amid profit-taking after strong run-up and recent insider sales

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Comfort Systems USA from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Comfort Systems USA in a report on Wednesday, January 21st. UBS Group reaffirmed a “buy” rating and set a $1,310.00 price target on shares of Comfort Systems USA in a report on Monday, February 2nd. Wall Street Zen cut shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. Finally, Stifel Nicolaus set a $1,611.00 target price on Comfort Systems USA in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Comfort Systems USA has a consensus rating of “Buy” and an average target price of $1,573.67.

Comfort Systems USA Trading Down 5.8%

FIX stock opened at $1,360.72 on Friday. The company has a market capitalization of $47.86 billion, a PE ratio of 47.08 and a beta of 1.63. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.19 and a current ratio of 1.21. Comfort Systems USA, Inc. has a one year low of $276.44 and a one year high of $1,500.00. The company’s 50 day moving average price is $1,281.72 and its two-hundred day moving average price is $1,028.93.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings results on Thursday, February 19th. The construction company reported $9.37 earnings per share (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 analyst estimates of $2.34 billion. During the same period last year, the company earned $4.09 EPS. Comfort Systems USA’s revenue for the quarter was up 41.7% compared to the same quarter last year. As a group, analysts predict that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current fiscal year.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 17th. Shareholders of record on Friday, March 6th were given a $0.70 dividend. The ex-dividend date was Friday, March 6th. This is a positive change 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 presently 9.69%.

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.