PNC Financial Services Group Inc. Cuts Holdings in Comfort Systems USA, Inc. $FIX

PNC Financial Services Group Inc. reduced its position in Comfort Systems USA, Inc. (NYSE:FIX) by 9.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,084 shares of the construction company’s stock after selling 560 shares during the period. PNC Financial Services Group Inc.’s holdings in Comfort Systems USA were worth $4,195,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FIX. Toth Financial Advisory Corp bought a new stake in Comfort Systems USA in the 3rd quarter worth approximately $25,000. Quent Capital LLC bought a new position in shares of Comfort Systems USA during the 3rd quarter valued at approximately $25,000. Eastern Bank purchased a new position in shares of Comfort Systems USA in the third quarter valued at $31,000. Avion Wealth increased its position in Comfort Systems USA by 1,800.0% in the third quarter. Avion Wealth now owns 57 shares of the construction company’s stock worth $47,000 after purchasing an additional 54 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in Comfort Systems USA by 310.7% in the second quarter. Cullen Frost Bankers Inc. now owns 115 shares of the construction company’s stock worth $62,000 after purchasing an additional 87 shares during the last quarter. 96.51% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Comfort Systems USA news, CFO William George III sold 4,370 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $958.88, for a total value of $4,190,305.60. Following the sale, the chief financial officer owned 39,824 shares in the company, valued at $38,186,437.12. This trade represents a 9.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Laura Finley Howell sold 1,000 shares of Comfort Systems USA stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $996.16, for a total value of $996,160.00. Following the sale, the senior vice president owned 7,938 shares of the company’s stock, valued at approximately $7,907,518.08. This trade represents a 11.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 12,528 shares of company stock valued at $11,972,106. Insiders own 1.59% of the company’s stock.

Trending Headlines about Comfort Systems USA

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

• Positive Sentiment: Q4 results materially beat expectations — Comfort Systems reported $9.37 EPS vs. consensus near $6.75 and revenue of $2.65B vs. ~$2.34B, showing strong margin expansion and year‑over‑year revenue growth that supports near‑term profit momentum. MarketBeat Q4 release
• Positive Sentiment: Management and multiple outlets point to AI/data‑center construction as a major demand driver — large data‑center projects are boosting HVAC/electrical work and helped push orders and utilization higher. This structural tailwind is a key reason investors are re‑rating the shares. Benzinga AI/data center demand
• Positive Sentiment: Backlog and growth trajectory improved — commentary and coverage note a sharply higher backlog (orders roughly doubled in 2025 per reports) and accelerating profit growth over several quarters, supporting revenue visibility. Investors Business Daily backlog coverage
• Positive Sentiment: Dividend raised — the board increased the quarterly payout to $0.70 (≈16.7% increase), signaling confidence in cash flow and returning capital to shareholders. Record/ex‑dividend dates were announced. BusinessWire dividend release
• Neutral Sentiment: Conference call / transcript available — investors should review management’s remarks on margin sustainability, project mix and working capital in the Q4 call transcript for guidance nuance. Seeking Alpha transcript
• Neutral Sentiment: Analyst/sector commentary notes industry headwinds — some pieces highlight rising costs and broader HVAC industry pressure, though they also argue companies with data‑center exposure like FIX may outperform. Zacks sector note
• Negative Sentiment: Valuation and recent run‑up raise risk — FIX now trades at a rich P/E (~62) after a large multi‑quarter rally; that elevates expectations and makes the stock sensitive to any slowdown in data‑center spending or margin reversion.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. DA Davidson reiterated a “buy” rating and set a $1,200.00 price objective on shares of Comfort Systems USA in a research report on Friday, December 19th. UBS Group restated a “buy” rating and set a $1,310.00 target price on shares of Comfort Systems USA in a research report on Monday, February 2nd. Zacks Research lowered Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 26th. Stifel Nicolaus boosted their price objective on Comfort Systems USA from $1,155.00 to $1,196.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, January 21st. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,064.50.

Comfort Systems USA Price Performance

Comfort Systems USA stock opened at $1,462.64 on Friday. Comfort Systems USA, Inc. has a 12-month low of $276.44 and a 12-month high of $1,476.94. The company has a current ratio of 1.22, a quick ratio of 1.20 and a debt-to-equity ratio of 0.06. The firm has a 50-day moving average price of $1,107.22 and a 200-day moving average price of $931.05. The firm has a market capitalization of $51.59 billion, a PE ratio of 50.61 and a beta of 1.67.

Comfort Systems USA (NYSE:FIX) last posted its quarterly earnings data on Thursday, February 19th. The construction company reported $9.37 earnings per share for the quarter, topping analysts’ consensus estimates of $6.75 by $2.62. Comfort Systems USA had a net margin of 11.23% and a return on equity of 51.28%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the company posted $4.09 EPS. The firm’s revenue for the quarter was up 41.7% on a year-over-year basis. As a group, equities research analysts forecast that Comfort Systems USA, Inc. will post 16.85 EPS for the current year.

Comfort Systems USA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 17th. Stockholders of record on Friday, March 6th will be issued a $0.70 dividend. The ex-dividend date is Friday, March 6th. This is a positive change from Comfort Systems USA’s previous quarterly dividend of $0.60. This represents a $2.80 annualized dividend and a dividend yield of 0.2%. Comfort Systems USA’s dividend payout ratio (DPR) is currently 8.30%.

Comfort Systems USA 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.