Comfort Systems USA, Inc. $FIX Holdings Lifted by Teacher Retirement System of Texas

Key Points

• Teacher Retirement System of Texas boosted its stake in Comfort Systems USA by 372.1% in Q4 to 43,563 shares, a position worth about $40.66 million (roughly 0.12% ownership).
• Comfort Systems posted a strong Q1 beat—$10.51 EPS vs. ~$6.81 expected and $2.87B revenue (up 56.5% YoY)—with an expanded backlog and positive analyst momentum (consensus price target ~ $1,732.50).
• The company raised its quarterly dividend to $0.80 (annualized $3.20), but significant insider selling (~37,288 shares, ~$53.7M last quarter) could weigh on sentiment.

Teacher Retirement System of Texas grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 372.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 43,563 shares of the construction company's stock after purchasing an additional 34,336 shares during the period. Teacher Retirement System of Texas owned approximately 0.12% of Comfort Systems USA worth $40,657,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIX. Quent Capital LLC acquired a new stake in shares of Comfort Systems USA during the 3rd quarter valued at $25,000. Ameriflex Group Inc. grew its position in Comfort Systems USA by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 30 shares of the construction company's stock worth $25,000 after purchasing an additional 15 shares in the last quarter. Eastern Bank purchased a new position in shares of Comfort Systems USA during the third quarter valued at $31,000. JFS Wealth Advisors LLC increased its holdings in shares of Comfort Systems USA by 29.4% in the 4th quarter. JFS Wealth Advisors LLC now owns 44 shares of the construction company's stock valued at $41,000 after purchasing an additional 10 shares during the period. Finally, ORG Partners LLC boosted its holdings in shares of Comfort Systems USA by 63.0% during the fourth quarter. ORG Partners LLC now owns 44 shares of the construction company's stock worth $41,000 after purchasing an additional 17 shares during the period. 96.51% of the stock is currently owned by institutional investors.

Comfort Systems USA Stock Performance

FIX stock opened at $1,775.89 on Friday. The firm has a 50 day moving average of $1,455.76 and a two-hundred day moving average of $1,153.96. Comfort Systems USA, Inc. has a 12 month low of $355.00 and a 12 month high of $1,798.96. The company has a market capitalization of $62.48 billion, a price-to-earnings ratio of 61.45 and a beta of 1.60. The company has a quick ratio of 1.19, a current ratio of 1.21 and a debt-to-equity ratio of 0.06.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The construction company reported $10.51 earnings per share for the quarter, beating analysts' consensus estimates of $6.81 by $3.70. Comfort Systems USA had a net margin of 11.23% and a return on equity of 48.52%. The business had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.39 billion. During the same quarter last year, the firm earned $4.75 EPS. Comfort Systems USA's revenue for the quarter was up 56.5% on a year-over-year basis. As a group, equities analysts anticipate that Comfort Systems USA, Inc. will post 37.06 EPS for the current fiscal year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.2%. This is an increase from Comfort Systems USA's previous quarterly dividend of $0.70. The ex-dividend date is Friday, May 15th. Comfort Systems USA's dividend payout ratio is 9.69%.

Key Comfort Systems USA News

Here are the key news stories impacting Comfort Systems USA this week:

• Positive Sentiment: Q1 beat — FIX reported $10.51 EPS vs. consensus near $6–7 and revenue of $2.87B (vs. ~ $2.39B expected); profit and revenue surged year-over-year, driving the initial rally. Comfort Systems (FIX) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Operational strength — net income rose to $370.4M, backlog expanded (~$12.45B) and operating cash inflows turned strongly positive, improving near-term revenue visibility for large/data-center projects. Comfort Systems USA Reports First Quarter 2026 Results
• Positive Sentiment: Dividend increase — Board raised the quarterly dividend to $0.80 (up $0.10), a signal of cash confidence that can support investor sentiment. Comfort Systems USA Increases Quarterly Dividend
• Positive Sentiment: Analyst coverage/upgrades — GLJ Research started coverage with a Buy and $2,001 target, providing additional upward pressure on the stock. GLJ Research coverage / price target
• Neutral Sentiment: Mixed institutional activity and price-target dispersion — some large funds added while others trimmed positions; recent analyst targets vary (median ~ $1,498), so sentiment is broadly positive but not uniform. Comfort Systems USA jumps as Q1 results show surging earnings, revenue, and backlog
• Negative Sentiment: Significant insider selling — multiple senior officers sold shares in recent months (no purchases reported), which investors may view as a caution despite strong results. Insider trading and other detail

Analysts Set New Price Targets

Several research firms have weighed in on FIX. Wall Street Zen downgraded shares of Comfort Systems USA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, January 3rd. DA Davidson upped their price target on shares of Comfort Systems USA from $1,200.00 to $1,800.00 and gave the stock a "buy" rating in a research note on Monday, February 23rd. Weiss Ratings reiterated a "buy (b)" rating on shares of Comfort Systems USA in a report on Monday. Zacks Research raised Comfort Systems USA from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 24th. Finally, Glj Research started coverage on Comfort Systems USA in a research report on Monday. They issued a "buy" rating and a $2,001.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $1,732.50.

Insider Activity at Comfort Systems USA

In related news, Director Franklin Myers sold 8,636 shares of the firm's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,472.56, for a total value of $12,717,028.16. Following the transaction, the director directly owned 73,995 shares of the company's stock, valued at approximately $108,962,077.20. This trade represents a 10.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Brian E. Lane sold 9,365 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $1,453.12, for a total value of $13,608,468.80. Following the sale, the insider directly owned 171,523 shares of the company's stock, valued at $249,243,501.76. The trade was a 5.18% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 37,288 shares of company stock valued at $53,677,038. Insiders own 1.59% of the company's stock.

Comfort Systems USA Company Profile

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.

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