Comfort Systems USA reported record second-quarter results, with revenue exceeding $3 billion for the first time and earnings per share rising 92% year-over-year to $12.53. The company's backlog reached a record $14.1 billion, driven by strong demand from technology customers and modular work. Gross margin expanded to 25.9% from 23.5%, whilst operating margin and free cash flow also improved sharply. Same-store revenue increased 44%, with electrical-segment revenue up 81% and mechanical-segment revenue rising 40%. Management expects full-year same-store revenue growth in the mid- to high-30% range. The company is expanding modular capacity tied to customer commitments and continuing strategic investments, including the Hunt Electric acquisition. The quarterly dividend increased to $0.90 per share. Project pipelines remain at historically high levels, with no anticipated slowdown in data-centre demand.

Why Comfort Systems USA (FIX) stock is down today. By: Quiver PriceTracker Posted: 7 hours ago / July 24, 2026 3:39 p.m. UTC Comfort Systems USA (FIX) is down 4.1% today. Here is some analysis on what might have caused this price movement. Analysis: The move appears to be a sell-the-news reaction rather than a response to weak operating results. Comfort Systems USA posted a very strong second quarter, but elevated expectations, a recent analyst downgrade, and valuation concerns may be pushing investors to lock in gains after a huge run in the stock. Comfort Systems USA reported second-quarter 2026 revenue of $3.27 billion, net income of $441.6 million, and diluted EPS of $12.53, all sharply above the prior year. The company's backlog rose to $14.06 billion at June 30, 2026, up from $12.45 billion at March 31, showing demand remains strong. The board also raised the quarterly dividend to $0.90 per share, which suggests management remains confident in cash generation and business momentum. This could be because investors were already positioned for an exceptional report, and a recent downgrade to Hold from Buy by Erste Group may have reinforced concerns that the stock's premium valuation had become harder to justify. Comfort Systems USA, SEC, MarketBeat, Investing.com Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes. $FIX insider trading activity. $FIX insiders have traded $FIX stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales. * BRIAN E. LANE (CHIEF EXECUTIVE OFF.) has made 0 purchases and 2 sales selling 20,478 shares for an estimated $35,499,248. * WILLIAM III GEORGE (CHIEF FINANCIAL OFFICER) sold 9,000 shares for an estimated $12,914,748 * FRANKLIN MYERS sold 8,636 shares for an estimated $12,717,032 * WILLIAM J SANDBROOK has made 0 purchases and 2 sales selling 4,000 shares for an estimated $6,207,294. * DARCY ANDERSON sold 4,500 shares for an estimated $6,163,838 * TERRENCE REED (SVP & CHRO) has made 0 purchases and 2 sales selling 1,787 shares for an estimated $2,537,182. * PABLO G. MERCADO, has made 0 purchases and 2 sales selling 1,000 shares for an estimated $1,592,390. * CONSTANCE ELLEN SKIDMORE sold 1,000 shares for an estimated $1,425,000 * RHOMAN J HARDY sold 342 shares for an estimated $649,827 To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint. Quiver Alerts Receive FIX Data Alerts Get market-moving data, filings, and signals for FIX in real time. $FIX hedge fund activity. We have seen 626 institutional investors add shares of $FIX stock to their portfolio, and 472 decrease their positions in their most recent quarter. Here are some of the largest recent moves: * CAPITAL WORLD INVESTORS removed 774,752 shares (-47.2%) from their portfolio in Q1 2026, for an estimated $1,068,375,260 * NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 309,252 shares (-99.7%) from their portfolio in Q1 2026, for an estimated $426,455,415 * CAPITAL INTERNATIONAL INVESTORS added 278,199 shares (+244.8%) to their portfolio in Q1 2026, for an estimated $383,633,639 * FMR LLC removed 221,194 shares (-13.2%) from their portfolio in Q1 2026, for an estimated $305,024,314 * CURATED WEALTH PARTNERS LLC added 194,612 shares (+128034.2%) to their portfolio in Q2 2026, for an estimated $385,711,253 * JACOBS LEVY EQUITY MANAGEMENT, INC removed 171,652 shares (-64.1%) from their portfolio in Q1 2026, for an estimated $236,706,391 * AMF TJANSTEPENSION AB removed 162,078 shares (-59.7%) from their portfolio in Q1 2026, for an estimated $223,503,941 To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint. $FIX government contracts. We have seen $223,701 of award payments to $FIX over the last year. Here are some of the awards which we have have seen pay out the most over the last year: To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint. $FIX congressional stock trading. Members of Congress have traded $FIX stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales. Here's a breakdown of recent trading of $FIX stock by members of Congress over the last 6 months: To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint. $FIX price targets. Multiple analysts have issued price targets for $FIX recently. We have seen 7 analysts offer price targets for $FIX in the last 6 months, with a median target of $2004.0. Here are some recent targets: * Adam Bubes from Goldman Sachs set a target price of $2159.0 on 07/09/2026 * Joshua Chan from UBS set a target price of $2125.0 on 06/08/2026 * Brent Thielman from Oppenheimer set a target price of $2200.0 on 05/28/2026 * Sangita Jain from Keybanc set a target price of $2004.0 on 04/24/2026 * Austin Wang from GLJ Research set a target price of $2001.0 on 04/21/2026 * Brent Thielman from DA Davidson set a target price of $1800.0 on 02/23/2026 * Brian Brophy from Stifel set a target price of $1196.0 on 01/26/2026 This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.