Rep. Robert Bresnahan, Jr. Sells Off Shares of Comfort Systems USA, Inc. (NYSE:FIX)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Comfort Systems USA, Inc. NYSE: FIX. In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Comfort Systems USA stock on January 13th. The trade occurred in the Representative's "JOINT OWNERSHIP LPL ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Lowe's Companies NYSE: LOW on 2/7/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Take-Two Interactive Software NASDAQ: TTWO on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 2/3/2025.
• Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/30/2025.
• Sold $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 1/29/2025.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Manhattan Associates NASDAQ: MANH on 1/29/2025.
• Sold $1,001 - $15,000 in shares of Credo Technology Group NASDAQ: CRDO on 1/29/2025.

Comfort Systems USA Price Performance

Shares of Comfort Systems USA stock traded up $0.71 during trading hours on Wednesday, hitting $395.30. The company's stock had a trading volume of 429,804 shares, compared to its average volume of 503,306. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.02 and a current ratio of 1.04. Comfort Systems USA, Inc. has a 12-month low of $239.80 and a 12-month high of $553.09. The business has a 50 day moving average price of $448.64 and a two-hundred day moving average price of $414.36. The company has a market cap of $14.07 billion, a PE ratio of 30.24 and a beta of 1.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FIX. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Comfort Systems USA by 28.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 126 shares of the construction company's stock valued at $53,000 after acquiring an additional 28 shares during the last quarter. Dakota Wealth Management raised its stake in shares of Comfort Systems USA by 3.8% in the fourth quarter. Dakota Wealth Management now owns 788 shares of the construction company's stock valued at $334,000 after acquiring an additional 29 shares during the period. Covestor Ltd boosted its stake in shares of Comfort Systems USA by 7.1% during the 3rd quarter. Covestor Ltd now owns 465 shares of the construction company's stock worth $182,000 after purchasing an additional 31 shares during the period. Private Trust Co. NA raised its position in Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after purchasing an additional 31 shares during the period. Finally, Signaturefd LLC boosted its position in shares of Comfort Systems USA by 9.3% during the third quarter. Signaturefd LLC now owns 377 shares of the construction company's stock valued at $147,000 after buying an additional 32 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FIX. StockNews.com upgraded Comfort Systems USA from a "hold" rating to a "buy" rating in a research note on Saturday. Stifel Nicolaus upped their target price on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a "buy" rating in a research report on Friday, January 24th. UBS Group lifted their price target on shares of Comfort Systems USA from $525.00 to $575.00 and gave the company a "buy" rating in a report on Monday, December 9th. Finally, Northcoast Research started coverage on shares of Comfort Systems USA in a research note on Friday, November 22nd. They issued a "buy" rating and a $525.00 price target on the stock. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Comfort Systems USA currently has an average rating of "Buy" and a consensus target price of $506.75.

Insider Activity

In related news, COO T Mckenna Trent sold 4,000 shares of the business's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the transaction, the chief operating officer now owns 23,990 shares in the company, valued at $11,630,591.90. The trade was a 14.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.80% of the company's stock.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Comfort Systems USA

Comfort Systems USA, Inc, together with its subsidiaries, provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. It operates through two segments, Mechanical and Electrical. The company offers heating, ventilation, and air conditioning systems, as well as plumbing, electrical, piping and controls, off-site construction, monitoring, and fire protection.