Strategic Planning Group LLC raised its position in shares of Comfort Systems USA, Inc. (NYSE:FIX – Free Report) by 18.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,239 shares of the construction company’s stock after purchasing an additional 2,649 shares during the quarter. Comfort Systems USA accounts for about 3.0% of Strategic Planning Group LLC’s investment portfolio, making the stock its 11th largest position. Strategic Planning Group LLC’s holdings in Comfort Systems USA were worth $28,516,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp bought a new stake in shares of Comfort Systems USA during the 2nd quarter valued at $26,000. Avalon Trust Co purchased a new position in shares of Comfort Systems USA during the 2nd quarter valued at $32,000. Field & Main Bank bought a new position in Comfort Systems USA in the 2nd quarter worth $32,000. Carolina Wealth Advisors LLC boosted its holdings in Comfort Systems USA by 63.6% in the 2nd quarter. Carolina Wealth Advisors LLC now owns 18 shares of the construction company’s stock worth $36,000 after buying an additional 7 shares during the period. Finally, Glynn Capital Management LLC boosted its holdings in Comfort Systems USA by 58.3% in the 3rd quarter. Glynn Capital Management LLC now owns 19 shares of the construction company’s stock worth $31,000 after buying an additional 7 shares during the period. 96.51% of the stock is owned by hedge funds and other institutional investors.
Comfort Systems USA News Summary
Here are the key news stories impacting Comfort Systems USA this week:
- Positive Sentiment: Third-quarter earnings reached $13.91 per share, up from $8.25 a year earlier and above estimates of $12.71–$12.85. Revenue rose to $3.77 billion, exceeding the approximately $3.40 billion consensus forecast. Comfort Systems Q3 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Backlog reportedly doubled to $17.81 billion, strengthening visibility into future construction and contracting revenue and supporting the long-term growth outlook. Comfort Systems Q3 2026 Backlog
- Positive Sentiment: The board increased the quarterly dividend by $0.10 to $1.00 per share, payable November 23 to eligible shareholders. The hike signals confidence in cash generation, although the indicated yield remains modest at roughly 0.3%. Comfort Systems Increases Quarterly Dividend
- Neutral Sentiment: Comfort Systems announced a 2027 leadership transition. The change may be monitored by investors, but the available report does not indicate an immediate change to strategy or financial guidance. Comfort Systems Announces 2027 Leadership Transition
- Negative Sentiment: The shares decreased even after the earnings beat, suggesting that expectations were already elevated and investors may be taking profits or reassessing the stock’s premium valuation. The shares remain below their 50-day and 200-day moving averages, indicating continued technical pressure. Comfort Systems Reports Upbeat Q3 but Stock Drops
Insider Activity at Comfort Systems USA
In related news, Director Franklin Myers sold 4,000 shares of Comfort Systems USA stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $1,693.92, for a total value of $6,775,680.00. Following the completion of the transaction, the director owned 8,495 shares in the company, valued at approximately $14,389,850.40. This trade represents a 32.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Brian Lane sold 16,024 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $1,608.21, for a total value of $25,769,957.04. Following the sale, the insider directly owned 145,065 shares in the company, valued at $233,294,983.65. The trade was a 9.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 26,078 shares of company stock valued at $43,211,828. Insiders own 1.24% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on FIX shares. UBS Group reaffirmed a “buy” rating on shares of Comfort Systems USA in a research note on Friday. Weiss Ratings raised Comfort Systems USA from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. KeyCorp boosted their price target on Comfort Systems USA from $2,110.00 to $2,125.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. DA Davidson started coverage on Comfort Systems USA in a research note on Friday, August 21st. They issued a “buy” rating and a $2,100.00 price target for the company. Finally, Stifel Nicolaus set a $1,910.00 price objective on shares of Comfort Systems USA and gave the company a “buy” rating in a report on Monday, July 27th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,044.43.
Comfort Systems USA Trading Down 9.1%
FIX stock opened at $1,273.29 on Friday. The firm has a fifty day moving average price of $1,616.95 and a 200 day moving average price of $1,731.34. Comfort Systems USA, Inc. has a fifty-two week low of $791.36 and a fifty-two week high of $2,073.99. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.19 and a current ratio of 1.21. The firm has a market cap of $44.81 billion, a PE ratio of 31.32 and a beta of 1.66.
Comfort Systems USA (NYSE:FIX – Get Free Report) last announced its quarterly earnings results on Thursday, October 22nd. The construction company reported $13.91 earnings per share for the quarter, topping the consensus estimate of $12.85 by $1.06. Comfort Systems USA had a net margin of 12.77% and a return on equity of 53.55%. The company had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.40 billion. During the same quarter in the previous year, the business posted $8.25 earnings per share. Comfort Systems USA’s quarterly revenue was up 53.7% on a year-over-year basis. Sell-side analysts anticipate that Comfort Systems USA, Inc. will post 48.80 earnings per share for the current fiscal year.
Comfort Systems USA Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, November 23rd. Investors of record on Thursday, November 12th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, November 12th. This is a negative change from Comfort Systems USA’s previous quarterly dividend of $0.90. Comfort Systems USA’s payout ratio is 8.85%.
Comfort Systems USA Company Profile
Comfort Systems USA, Inc (NYSE:FIX) is a provider of mechanical and electrical contracting services for commercial, industrial, and institutional customers. The company designs, installs, maintains, repairs, and replaces heating, ventilation, air conditioning, and temperature-control systems, as well as plumbing, piping, electrical, and related building systems.
Its services support new construction, building renovations, facility upgrades, and ongoing maintenance. Comfort Systems USA also provides specialized services for data centers, manufacturing facilities, healthcare buildings, educational institutions, and other complex commercial and industrial projects.
Founded in 1997 and headquartered in Houston, Texas, the company operates through a network of regional contracting businesses serving customers across the United States.
Read More
- Five stocks we like better than Comfort Systems USA
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Want to see what other hedge funds are holding FIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Comfort Systems USA, Inc. (NYSE:FIX – Free Report).
Receive News & Ratings for Comfort Systems USA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comfort Systems USA and related companies with MarketBeat.com's FREE daily email newsletter.
