DA Davidson Lifts Earnings Estimates for Comfort Systems USA

Comfort Systems USA, Inc. (NYSE:FIX) – DA Davidson boosted their FY2026 earnings estimates for shares of Comfort Systems USA in a report released on Monday, October 27th. DA Davidson analyst B. Thielman now expects that the construction company will earn $31.79 per share for the year, up from their prior estimate of $26.61. The consensus estimate for Comfort Systems USA’s current full-year earnings is $16.85 per share.

Several other brokerages have also recently weighed in on FIX. UBS Group increased their price target on shares of Comfort Systems USA from $875.00 to $1,140.00 and gave the company a “buy” rating in a research report on Monday. William Blair initiated coverage on shares of Comfort Systems USA in a research report on Thursday, September 11th. They set an “outperform” rating for the company. Stifel Nicolaus set a $1,069.00 price target on shares of Comfort Systems USA in a research report on Friday, October 24th. Northcoast Research cut shares of Comfort Systems USA from a “buy” rating to a “neutral” rating in a research report on Monday, July 28th. Finally, Wall Street Zen raised shares of Comfort Systems USA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 25th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $819.20.

Comfort Systems USA Trading Up 2.9%

Shares of FIX opened at $1,009.15 on Wednesday. The stock has a market capitalization of $35.59 billion, a P/E ratio of 42.72 and a beta of 1.58. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06. The firm has a fifty day simple moving average of $794.97 and a two-hundred day simple moving average of $615.85. Comfort Systems USA has a twelve month low of $276.44 and a twelve month high of $1,019.73.

Comfort Systems USA (NYSE:FIX) last announced its quarterly earnings data on Monday, August 15th. The construction company reported $0.90 earnings per share (EPS) for the quarter. Comfort Systems USA had a net margin of 10.06% and a return on equity of 43.59%. The company had revenue of $713.90 million during the quarter.

Comfort Systems USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 24th. Shareholders of record on Thursday, November 13th will be paid a dividend of $0.60 per share. The ex-dividend date is Thursday, November 13th. This represents a $2.40 dividend on an annualized basis and a yield of 0.2%. This is an increase from Comfort Systems USA’s previous quarterly dividend of $0.50. Comfort Systems USA’s dividend payout ratio (DPR) is 8.47%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, CFO William George III sold 8,436 shares of the firm’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $692.60, for a total transaction of $5,842,773.60. Following the completion of the sale, the chief financial officer directly owned 47,473 shares in the company, valued at approximately $32,879,799.80. This trade represents a 15.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Pablo G. Mercado sold 1,078 shares of the firm’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $695.88, for a total transaction of $750,158.64. Following the sale, the director owned 6,500 shares of the company’s stock, valued at approximately $4,523,220. This represents a 14.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,383 shares of company stock worth $15,557,626 in the last 90 days. Insiders own 1.59% of the company’s stock.

Hedge Funds Weigh In On Comfort Systems USA

A number of institutional investors and hedge funds have recently made changes to their positions in FIX. Sumitomo Mitsui Trust Group Inc. lifted its holdings in Comfort Systems USA by 13.1% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,556 shares of the construction company’s stock valued at $824,000 after purchasing an additional 296 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in Comfort Systems USA during the second quarter valued at approximately $27,000. Lifestyle Asset Management Inc. lifted its holdings in Comfort Systems USA by 314.1% during the second quarter. Lifestyle Asset Management Inc. now owns 3,876 shares of the construction company’s stock valued at $2,078,000 after purchasing an additional 2,940 shares in the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of Comfort Systems USA by 19.2% during the second quarter. Redhawk Wealth Advisors Inc. now owns 5,017 shares of the construction company’s stock valued at $2,690,000 after buying an additional 809 shares during the last quarter. Finally, OMNI 360 Wealth Inc. bought a new stake in shares of Comfort Systems USA during the second quarter valued at approximately $298,000. Hedge funds and other institutional investors own 96.51% of the company’s stock.

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.