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Brian E. Lane, the President and Chief Executive Officer of Comfort Systems USA Inc . (NYSE:FIX), recently sold a significant portion of his holdings in the company. According to the latest SEC filing, Lane disposed of 15,000 shares of common stock on May 7, 2025. The company, currently valued at $15.5 billion, has demonstrated strong financial health with a perfect Piotroski Score of 9, according to InvestingPro analysis. The shares were sold at an average price of $431.66, resulting in a total transaction value of approximately $6.47 million.
Following this sale, Lane retains ownership of 198,046 shares in the company. The transaction was disclosed in a filing with the Securities and Exchange Commission, signed by Rachel R. Eslicker, Attorney-in-Fact, on May 9, 2025.
In other recent news, Comfort Systems USA reported robust financial results for the first quarter of 2025, with earnings per share (EPS) significantly surpassing analysts’ expectations at $4.75 compared to the projected $3.71. The company’s revenue reached $1.8 billion, exceeding the anticipated $1.75 billion, marking a 19% year-over-year increase. The growth was driven by strong performance in the modular and electrical segments, with year-over-year revenue increases of 41% and 22%, respectively. Stifel analysts maintained a Buy rating on the company, noting its impressive revenue growth and adjusted EBITDA of $209 million, which surpassed the consensus estimate of $173 million.
Comfort Systems USA’s total backlog grew by 17% year-over-year, with organic backlog up by 16%, reflecting a strong project pipeline, particularly in the technology sector. KeyBanc maintained a Sector Weight rating, highlighting the company’s 220 basis points of margin expansion and a book-to-bill ratio of 1.5 times. The management expressed confidence in managing supply chain challenges and rising costs without significantly affecting profit margins. Additionally, Comfort Systems confirmed its forecast for high single-digit same-store sales growth for the full year of 2025, expecting to maintain high gross margins observed in recent quarters.
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