Resideo Technologies, Inc. (NYSE:REZI) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. grew its holdings in Resideo Technologies, Inc. (NYSE:REZIFree Report) by 0.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,033,493 shares of the company’s stock after purchasing an additional 51,921 shares during the quarter. Vanguard Group Inc. owned approximately 0.11% of Resideo Technologies worth $253,329,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. MetLife Investment Management LLC raised its position in shares of Resideo Technologies by 0.9% in the fourth quarter. MetLife Investment Management LLC now owns 77,122 shares of the company’s stock valued at $1,269,000 after buying an additional 680 shares during the last quarter. Arizona State Retirement System lifted its stake in shares of Resideo Technologies by 1.7% during the 3rd quarter. Arizona State Retirement System now owns 41,888 shares of the company’s stock worth $662,000 after purchasing an additional 706 shares during the period. American Century Companies Inc. boosted its holdings in shares of Resideo Technologies by 3.3% during the fourth quarter. American Century Companies Inc. now owns 23,619 shares of the company’s stock worth $389,000 after purchasing an additional 761 shares during the last quarter. Ameritas Investment Partners Inc. grew its position in shares of Resideo Technologies by 6.7% in the second quarter. Ameritas Investment Partners Inc. now owns 12,103 shares of the company’s stock valued at $214,000 after purchasing an additional 763 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Resideo Technologies by 1.3% in the second quarter. The Manufacturers Life Insurance Company now owns 58,703 shares of the company’s stock valued at $1,037,000 after purchasing an additional 779 shares during the last quarter. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, TheStreet raised Resideo Technologies from a “c+” rating to a “b-” rating in a research note on Wednesday, February 28th.

View Our Latest Stock Report on Resideo Technologies

Resideo Technologies Price Performance

Resideo Technologies stock opened at $22.42 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.18 and a current ratio of 1.80. The company has a market cap of $3.26 billion, a price-to-earnings ratio of 15.79 and a beta of 2.13. Resideo Technologies, Inc. has a 1 year low of $14.19 and a 1 year high of $23.21. The firm has a 50 day moving average price of $20.52 and a 200 day moving average price of $17.89.

Resideo Technologies (NYSE:REZIGet Free Report) last announced its quarterly earnings data on Tuesday, February 13th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.14. The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Resideo Technologies had a net margin of 3.36% and a return on equity of 8.99%. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 EPS. Sell-side analysts predict that Resideo Technologies, Inc. will post 1.66 earnings per share for the current year.

About Resideo Technologies

(Free Report)

Resideo Technologies, Inc develops, manufactures, and sells comfort, energy management, and safety and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products and Solutions, and ADI Global Distribution.

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Institutional Ownership by Quarter for Resideo Technologies (NYSE:REZI)

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