Artisan Partners Limited Partnership 13F: Cuts FIX Stake by $16M

Artisan Partners Limited Partnership has trimmed its stake in Comfort Systems USA, Inc. (NYSE:FIX), reducing its holdings by 8,034 shares. This change represents a 3.7% decrease, leaving Artisan with 208,177 shares valued at approximately $430.2 million. This information comes from the latest Form 13F filing with the SEC, reflecting holdings as of the reporting period.

What Changed in Artisan Partners' Comfort Systems USA Position

Artisan Partners reduced its holdings in Comfort Systems USA by 8,034 shares, bringing its total to 208,177 shares. Prior to this reduction, the firm held 216,211 shares. The value of Artisan's position in the company is now around $430.2 million. This move marks a 3.7% decrease in their stake.

Other Institutional Activity in Comfort Systems USA

Several other institutional investors also made changes to their positions in Comfort Systems USA. BlackRock, Inc. increased its holdings by 64,292 shares, ending with 3,512,927 shares valued at about $4.84 billion, a 1.9% increase. Vanguard Capital Management LLC opened a new position with 2,285,949 shares worth approximately $3.15 billion. Similarly, Vanguard Portfolio Management LLC initiated a stake with 1,881,184 shares valued at $2.59 billion. State Street Corp added 43,205 shares, growing its holdings by 3.0% to 1,471,879 shares, worth about $2.03 billion. Meanwhile, FMR LLC reduced its position by 221,194 shares, a 13.2% decrease, leaving it with 1,449,517 shares valued at $1.99 billion.

Comfort Systems USA, Inc. Stock Up 36.2%

Shares of Comfort Systems USA traded near $2,066.51 on Tuesday. The company has a market cap of $72.7 billion and a P/E ratio of 59.67, with a forward P/E of 38.67. Comfort Systems USA has a beta of 1.67, indicating its stock is more volatile than the market. The stock's 52-week range is between $489.98 and $2,073.99. Its 50-day moving average is $1,830.81, while the 200-day moving average stands at $1,253.42. The company maintains a current ratio of 1.24 and a quick ratio of 1.18, with a debt-to-equity ratio of 45.49.

Recent Earnings

Comfort Systems USA reported revenue of $10.14 billion, reflecting a growth rate of 1%. The company's net margin stands at 12.07%, with a return on equity of 53.29%. The next earnings report is expected on July 23, 2026.

Dividend

The company pays an annual dividend rate of $2.60, yielding 0.13%. Its dividend payout ratio is 6.5%, and the ex-dividend date was not specified.

Insider Buying and Selling at Comfort Systems USA, Inc.

Recent insider activity at Comfort Systems USA includes sales by Hardy Rhoman and Franklin Myers on May 27 and May 21, respectively. Myers also purchased 105 shares on May 18, along with Gaurav Kapoor, Darcy Anderson, and Herman Bulls, who each bought 105 shares on the same day.

Analysts Set New Price Targets

Several analysts have weighed in on Comfort Systems USA recently. On June 8, 2026, UBS maintained a 'buy' rating with a price target of $2,125. Oppenheimer initiated coverage on May 28, 2026, also with a 'buy' rating and a target of $2,200. The consensus among analysts is a 'strong buy' with a mean price target of $2,048.17 based on six analyst opinions.

About Comfort Systems USA

Comfort Systems USA, Inc. provides mechanical and electrical installation, maintenance, and repair services across the U.S. Headquartered in Houston, Texas, under the leadership of CEO Brian E. Lane, the company operates in the engineering and construction industry. It employs around 22,700 people and serves a variety of markets including commercial, industrial, and institutional sectors.

Bottom Line

Artisan Partners' recent reduction in its stake in Comfort Systems USA reflects a slight adjustment in its investment strategy. Investors often track such filings to gauge institutional sentiment, though it's important to note that 13F filings are backward-looking and may not represent current positions. Comfort Systems USA remains a significant player in the engineering and construction sector, with several institutional investors adjusting their holdings.