New York State Common Retirement Fund Increases Stock Position in Comfort Systems USA, Inc. $FIX

New York State Common Retirement Fund grew its holdings in shares of Comfort Systems USA, Inc. (NYSE:FIX) by 90.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,942 shares of the construction company’s stock after buying an additional 16,140 shares during the period. New York State Common Retirement Fund owned 0.10% of Comfort Systems USA worth $28,008,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FIX. Toth Financial Advisory Corp bought a new stake in Comfort Systems USA during the third quarter worth about $25,000. Quent Capital LLC bought a new position in shares of Comfort Systems USA during the third quarter valued at approximately $25,000. Eastern Bank purchased a new position in shares of Comfort Systems USA during the third quarter valued at approximately $31,000. Ameritas Advisory Services LLC purchased a new position in shares of Comfort Systems USA during the second quarter valued at approximately $27,000. Finally, Avion Wealth boosted its position in shares of Comfort Systems USA by 1,800.0% in the 3rd quarter. Avion Wealth now owns 57 shares of the construction company’s stock worth $47,000 after purchasing an additional 54 shares in the last quarter. 96.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on FIX shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Comfort Systems USA in a research report on Wednesday, January 21st. UBS Group increased their target price on Comfort Systems USA from $875.00 to $1,140.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Zacks Research downgraded Comfort Systems USA from a “strong-buy” rating to a “hold” rating in a report on Friday, December 26th. Stifel Nicolaus upped their price target on shares of Comfort Systems USA from $1,155.00 to $1,196.00 and gave the stock a “buy” rating in a research note on Monday, January 26th. Finally, Wall Street Zen downgraded shares of Comfort Systems USA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 3rd. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Comfort Systems USA has a consensus rating of “Moderate Buy” and a consensus price target of $1,022.00.

Comfort Systems USA Stock Performance

Shares of FIX stock opened at $1,142.32 on Friday. The company has a 50 day moving average price of $1,015.22 and a 200-day moving average price of $863.92. Comfort Systems USA, Inc. has a 52 week low of $276.44 and a 52 week high of $1,200.32. The firm has a market capitalization of $40.29 billion, a PE ratio of 48.36 and a beta of 1.66. The company has a quick ratio of 1.20, a current ratio of 1.22 and a debt-to-equity ratio of 0.06.

Insider Buying and Selling

In other news, CFO William George III sold 4,370 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $958.88, for a total transaction of $4,190,305.60. Following the transaction, the chief financial officer directly owned 39,824 shares of the company’s stock, valued at $38,186,437.12. This represents a 9.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Laura Finley Howell sold 1,000 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $996.16, for a total value of $996,160.00. Following the completion of the transaction, the senior vice president owned 7,938 shares in the company, valued at approximately $7,907,518.08. This trade represents a 11.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 12,528 shares of company stock worth $11,972,106. 1.59% of the stock is owned by insiders.

About Comfort Systems USA

Comfort Systems USA, Inc is a U.S.-based mechanical contracting company that provides a range of heating, ventilation and air conditioning (HVAC) services to commercial, industrial and institutional customers. The company focuses on the design, installation, maintenance and repair of HVAC systems, and it supports projects from initial engineering and system selection through long-term service agreements and upgrades.

Its service offerings include new construction and retrofit installations, preventive and corrective maintenance, emergency repair, energy management and building automation systems.