Comfort Systems USA, Inc. (NYSE:FIX) Stock Holdings Lifted by Schwartz Investment Counsel Inc.

Schwartz Investment Counsel Inc. lifted its holdings in Comfort Systems USA, Inc. (NYSE:FIX - Free Report) by 73.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 6,600 shares of the construction company's stock after buying an additional 2,800 shares during the quarter. Schwartz Investment Counsel Inc.'s holdings in Comfort Systems USA were worth $2,127,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Private Trust Co. NA lifted its position in shares of Comfort Systems USA by 41.3% in the 4th quarter. Private Trust Co. NA now owns 106 shares of the construction company's stock worth $45,000 after buying an additional 31 shares during the last quarter. Hillsdale Investment Management Inc. lifted its position in shares of Comfort Systems USA by 1.8% in the 4th quarter. Hillsdale Investment Management Inc. now owns 2,240 shares of the construction company's stock worth $950,000 after buying an additional 40 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Comfort Systems USA by 31.1% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 177 shares of the construction company's stock worth $57,000 after buying an additional 42 shares during the last quarter. Rakuten Securities Inc. lifted its position in shares of Comfort Systems USA by 36.8% in the 1st quarter. Rakuten Securities Inc. now owns 160 shares of the construction company's stock worth $52,000 after buying an additional 43 shares during the last quarter. Finally, Covestor Ltd lifted its position in shares of Comfort Systems USA by 10.8% in the 4th quarter. Covestor Ltd now owns 515 shares of the construction company's stock worth $218,000 after buying an additional 50 shares during the last quarter. 96.51% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FIX has been the topic of several recent research reports. Stifel Nicolaus lifted their price objective on shares of Comfort Systems USA from $471.00 to $512.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. DA Davidson lifted their price objective on shares of Comfort Systems USA from $440.00 to $465.00 and gave the company a "buy" rating in a research report on Monday, April 28th. Finally, Wall Street Zen upgraded shares of Comfort Systems USA from a "hold" rating to a "buy" rating in a research report on Saturday, June 7th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Comfort Systems USA currently has a consensus rating of "Buy" and a consensus target price of $525.80.

Comfort Systems USA Trading Up 3.7%

Shares of NYSE:FIX opened at $535.04 on Friday. The company has a market cap of $18.88 billion, a PE ratio of 32.10 and a beta of 1.51. The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 0.04. The company's 50-day moving average price is $462.08 and its 200 day moving average price is $421.42. Comfort Systems USA, Inc. has a fifty-two week low of $272.93 and a fifty-two week high of $553.09.

Comfort Systems USA (NYSE:FIX - Get Free Report) last released its earnings results on Thursday, April 24th. The construction company reported $4.75 EPS for the quarter, beating the consensus estimate of $3.66 by $1.09. The firm had revenue of $1.83 billion for the quarter, compared to analysts' expectations of $1.77 billion. Comfort Systems USA had a net margin of 8.13% and a return on equity of 36.35%. Comfort Systems USA's quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the company earned $2.69 EPS. Sell-side analysts anticipate that Comfort Systems USA, Inc. will post 16.85 earnings per share for the current year.

Comfort Systems USA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Friday, May 16th were paid a dividend of $0.45 per share. This is a boost from Comfort Systems USA's previous quarterly dividend of $0.40. The ex-dividend date was Friday, May 16th. This represents a $1.80 annualized dividend and a yield of 0.34%. Comfort Systems USA's dividend payout ratio (DPR) is presently 10.80%.

Insider Buying and Selling at Comfort Systems USA

In other Comfort Systems USA news, Director Darcy Anderson sold 8,000 shares of the firm's stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $506.82, for a total transaction of $4,054,560.00. Following the transaction, the director now owns 26,535 shares of the company's stock, valued at approximately $13,448,468.70. This trade represents a 23.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Vance W. Tang sold 500 shares of the firm's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $422.00, for a total transaction of $211,000.00. Following the transaction, the director now directly owns 4,998 shares in the company, valued at approximately $2,109,156. The trade was a 9.09% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,800 shares of company stock valued at $18,696,795. Company insiders own 1.59% of the company's stock.

About Comfort Systems USA

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.

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