Resideo Technologies, Inc. $REZI Shares Purchased by Quantinno Capital Management LP

Key Points

• Quantinno Capital Management more than doubled its Resideo Technologies stake by purchasing 54,390 additional shares in the first quarter, bringing its holdings to 98,948 shares valued at approximately $3.34 million. Institutional investors collectively own 91.71% of the company.
• Analyst sentiment is mixed: coverage includes buy, hold and sell ratings, resulting in a consensus “Hold” rating and an average price target of $41, above the stock’s recent $26.01 price.
• Resideo’s latest quarterly results exceeded expectations, with adjusted earnings of $0.65 per share versus the $0.61 estimate and revenue of $1.91 billion. Shares remain near their one-year low, while the company issued fiscal 2026 EPS guidance of $3.00–$3.20.

Quantinno Capital Management LP raised its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 122.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 98,948 shares of the company's stock after acquiring an additional 54,390 shares during the period. Quantinno Capital Management LP owned approximately 0.07% of Resideo Technologies worth $3,336,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Franklin Resources Inc. grew its holdings in Resideo Technologies by 1,325.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,888,665 shares of the company's stock valued at $81,553,000 after buying an additional 1,756,131 shares in the last quarter. Clayton Dubilier & Rice LLC raised its holdings in shares of Resideo Technologies by 12.7% during the 4th quarter. Clayton Dubilier & Rice LLC now owns 14,976,142 shares of the company's stock worth $525,962,000 after acquiring an additional 1,689,758 shares during the period. Sachem Head Capital Management LP acquired a new position in shares of Resideo Technologies during the 4th quarter valued at about $57,070,000. Norges Bank purchased a new stake in shares of Resideo Technologies in the fourth quarter valued at about $56,059,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Resideo Technologies by 365.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,966,157 shares of the company's stock valued at $84,899,000 after purchasing an additional 1,543,952 shares during the period. Hedge funds and other institutional investors own 91.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on REZI shares. Zacks Research downgraded shares of Resideo Technologies from a "hold" rating to a "strong sell" rating in a research note on Thursday, July 9th. Morgan Stanley cut their price target on shares of Resideo Technologies from $50.00 to $45.00 and set an "overweight" rating for the company in a report on Monday, July 13th. Seaport Research Partners assumed coverage on Resideo Technologies in a report on Wednesday, July 1st. They issued a "buy" rating and a $55.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on Resideo Technologies in a report on Friday. They issued a "neutral" rating and a $30.00 price objective on the stock. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of Resideo Technologies in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $41.00.

Resideo Technologies Stock Down 0.2%

Shares of NYSE:REZI opened at $26.01 on Friday. The firm has a market capitalization of $3.94 billion, a PE ratio of -6.77 and a beta of 1.63. Resideo Technologies, Inc. has a 1 year low of $25.46 and a 1 year high of $45.29. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.07 and a quick ratio of 1.19. The firm's 50-day moving average is $32.15 and its two-hundred day moving average is $34.40.

Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.04. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.87 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.63 earnings per share. Resideo Technologies has set its FY 2026 guidance at 3.000-3.200 EPS and its Q2 2026 guidance at 0.710-0.750 EPS. Analysts predict that Resideo Technologies, Inc. will post 2.81 EPS for the current year.

Resideo Technologies Profile

Resideo Technologies, Inc, headquartered in Austin, Texas, is a global provider of home comfort, security and energy management solutions. Formed as an independent company in 2018 following its spin-off from Honeywell, Resideo leverages decades of engineering experience to deliver connected products and services to residential and light commercial customers.

The company’s core offerings include smart thermostats, security systems, video doorbells, water leak and freeze detection devices, and indoor air quality monitors.

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