Comfort Systems USA, Inc. (NYSE:FIX) is included among the 10 Best May Dividend Stocks to Buy.
On April 24, KeyBanc Capital Markets upgraded Comfort Systems USA, Inc. (NYSE:FIX) to Overweight from Sector Weight with a $2,004 price target. The firm said valuation had been a limiting factor in the past. After a “very strong” Q1 and signs that the company is running trials with new customers for its modular product, the analyst now sees “a good entry point,” with the potential for another hyperscaler relationship.
During the Q1 2026 earnings call, CEO Brian Lane said the company delivered a very strong start to the year. Same-store revenue rose 51%. He noted that gross margins reached a record level for the quarter, and EPS came in at $10.51. Backlog also hit a record $12.5 billion, with the level entering Q2 about $5 billion higher than a year earlier.
Lane also spoke about capital returns. He said the quarterly dividend increased to $0.80 per share, up by $0.10. The company remains focused on returning capital to shareholders while keeping the balance sheet in good shape. CFO William George said first-quarter revenue totaled $2.9 billion. Both segments showed strong growth. Electrical revenue rose 88%, while Mechanical increased 47%, supported by continued demand from the technology sector.
Comfort Systems USA, Inc. (NYSE:FIX) provides heating, ventilation, air conditioning, mechanical, and electrical contracting services for commercial, industrial, and institutional customers. It operates through the Mechanical and Electrical segments.
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