Comfort Systems USA, Inc. (NYSE:FIX) Position Increased by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. raised its stake in Comfort Systems USA, Inc. (NYSE:FIX) by 11.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,800 shares of the construction company’s stock after buying an additional 400 shares during the quarter. Schwartz Investment Counsel Inc.’s holdings in Comfort Systems USA were worth $1,611,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in FIX. Fortress Financial Solutions LLC acquired a new stake in Comfort Systems USA in the fourth quarter worth about $643,000. Regents Gate Capital LLP acquired a new stake in shares of Comfort Systems USA during the fourth quarter worth $3,050,000. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Comfort Systems USA in the 4th quarter valued at approximately $196,000. Savant Capital LLC boosted its position in shares of Comfort Systems USA by 0.8% in the fourth quarter. Savant Capital LLC now owns 4,101 shares of the construction company’s stock worth $1,739,000 after buying an additional 33 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its position in Comfort Systems USA by 2.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 1,826 shares of the construction company’s stock worth $774,000 after acquiring an additional 43 shares during the period. Institutional investors own 96.51% of the company’s stock.

Insiders Place Their Bets

In other news, COO T Mckenna Trent sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $484.81, for a total transaction of $1,939,240.00. Following the completion of the transaction, the chief operating officer now directly owns 23,990 shares in the company, valued at $11,630,591.90. The trade was a 14.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Northcoast Research began coverage on shares of Comfort Systems USA in a report on Friday, November 22nd. They set a “buy” rating and a $525.00 price target on the stock. UBS Group boosted their target price on Comfort Systems USA from $525.00 to $575.00 and gave the company a “buy” rating in a research note on Monday, December 9th. StockNews.com raised Comfort Systems USA from a “hold” rating to a “buy” rating in a research note on Thursday, February 6th. Finally, Stifel Nicolaus upped their price objective on shares of Comfort Systems USA from $524.00 to $577.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Comfort Systems USA currently has a consensus rating of “Buy” and a consensus target price of $506.75.

Comfort Systems USA Price Performance

Shares of Comfort Systems USA stock opened at $434.64 on Wednesday. Comfort Systems USA, Inc. has a 1-year low of $233.09 and a 1-year high of $553.09. The firm has a fifty day simple moving average of $460.35 and a 200-day simple moving average of $410.92. The company has a current ratio of 1.04, a quick ratio of 1.02 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $15.47 billion, a price-to-earnings ratio of 33.25 and a beta of 1.22.

Comfort Systems USA Profile

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.