BlackRock Amends Comfort Systems USA Stake to 16.9%
Ticker: FIX · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1035983
| Field | Detail |
|---|---|
| Company | Comfort Systems Usa INC (FIX) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still a major holder in COMFORT SYSTEMS USA, now at 16.9%.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, disclosing its ownership in Comfort Systems USA Inc. as of December 31, 2023. This filing indicates BlackRock holds 6,005,679 shares of Common Stock, representing 16.9% of the company's outstanding shares. This is an amendment (Amendment No. 2), suggesting a change in their previous holdings, and it matters to investors because BlackRock is a major institutional investor, and their significant stake and any changes can signal confidence or concerns about Comfort Systems USA Inc.'s future performance.
Why It Matters
BlackRock's substantial 16.9% ownership in Comfort Systems USA Inc. means they are a key influencer, and their investment decisions can impact the stock's perception and stability.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently present new risks, but rather provides transparency.
Analyst Insight
Investors should note BlackRock's continued significant ownership as a sign of institutional confidence, but also monitor future filings for any substantial changes in their stake, which could signal a shift in their outlook on Comfort Systems USA Inc.
Key Numbers
- 6,005,679 — Shares Owned (The total number of Common Stock shares of Comfort Systems USA Inc. beneficially owned by BlackRock Inc.)
- 16.9% — Ownership Percentage (The percentage of Comfort Systems USA Inc.'s Common Stock owned by BlackRock Inc., indicating a significant stake.)
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Comfort Systems USA Inc. (company) — the subject company in which BlackRock holds shares
- 6,005,679 (dollar_amount) — number of shares of Common Stock beneficially owned by BlackRock Inc.
- 16.9% (dollar_amount) — percentage of the class of securities owned by BlackRock Inc.
- December 31, 2023 (date) — the date of the event which required the filing
Forward-Looking Statements
- BlackRock will maintain a significant stake in Comfort Systems USA Inc. for the foreseeable future. (BlackRock Inc.) — high confidence, target: 2025-12-31
FAQ
Who filed this SC 13G/A amendment?
This SC 13G/A amendment (Amendment No. 2) was filed by BlackRock Inc., a major institutional investment manager, as stated in the 'FILED BY' section of the filing.
What is the subject company of this filing?
The subject company is Comfort Systems USA Inc., identified by its CIK 0001035983 and business address at 675 Bering Drive, Suite 400, Houston, TX 77057.
What type of securities does BlackRock Inc. own in Comfort Systems USA Inc.?
BlackRock Inc. owns 'Common Stock' of Comfort Systems USA Inc., as specified under the 'Title of Class of Securities' section of the Schedule 13G.
As of what date were BlackRock Inc.'s holdings reported in this filing?
The holdings were reported as of December 31, 2023, which is stated as the 'Date of Event Which Requires Filing of this Statement' on the Schedule 13G cover page.
What percentage of Comfort Systems USA Inc. does BlackRock Inc. beneficially own according to this filing?
BlackRock Inc. beneficially owns 16.9% of the class of securities of Comfort Systems USA Inc., as detailed in the filing's summary of beneficial ownership.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding COMFORT SYSTEMS USA INC (FIX).