Comfort Systems USA Authorizes Additional Share Repurchase Capacity
Comfort Systems USA's board has authorized an additional 994,606 shares for its repurchase program, bringing the total remaining capacity to 1 million shares.
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Filed: 2026-11-05 AccNo: 0001104659-26-122938 Size: 187 KB Item 8.01: Other Events
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Comfort Systems USA's board has authorized an additional 994,606 shares for its repurchase program, bringing the total remaining capacity to 1 million shares.
Zacks analysts recommend three AI-powered construction companies with strong Q3 earnings results and solid growth prospects. Comfort Systems USA, Quanta Services, and Sterling Infrastructure are positioned to benefit from the AI data center boom, grid modernization, and infrastructure spending, with all three stocks carrying Zacks Rank #1 or #2 ratings and significant upside potential.
Comfort Systems USA reported a record backlog of $17.81 billion as of September 2026, representing a 90% year-over-year increase, with management projecting mid-20% same-store revenue growth for 2027.
Stifel has revised its price target for Comfort Systems USA, lowering it from $1,910 to $1,808.