Resideo Technologies, Inc. $REZI Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH

Key Points

• Universal Beteiligungs cut its stake in Resideo by 74.3% in Q4, selling 62,329 shares and leaving it with 21,563 shares worth about $758,000.
• Clayton Dubilier & Rice dramatically increased its position — up 130.3% to 13,286,384 shares (≈$573.7M) — and overall institutional ownership of REZI stands at 91.71%.
• Analysts are mixed: Morgan Stanley raised its target to $50 and rated REZI “overweight,” but the consensus is a Hold with a $39.67 target; the stock trades near $40.13 (12‑month range $17.08–$45.29) and has a negative P/E of -9.96.

Universal Beteiligungs und Servicegesellschaft mbH cut its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 74.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,563 shares of the company's stock after selling 62,329 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH's holdings in Resideo Technologies were worth $758,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in REZI. Clayton Dubilier & Rice LLC raised its holdings in shares of Resideo Technologies by 130.3% in the 3rd quarter. Clayton Dubilier & Rice LLC now owns 13,286,384 shares of the company's stock valued at $573,706,000 after buying an additional 7,516,233 shares during the period. Alpha Wave Global LP acquired a new position in Resideo Technologies during the 3rd quarter worth about $8,811,000. Hudson Bay Capital Management LP acquired a new position in Resideo Technologies during the 3rd quarter worth about $3,022,000. Seizert Capital Partners LLC acquired a new position in Resideo Technologies during the 3rd quarter worth about $2,696,000. Finally, JPMorgan Chase & Co. lifted its stake in Resideo Technologies by 17.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,177,769 shares of the company's stock worth $50,856,000 after acquiring an additional 177,403 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Down 0.0%

Resideo Technologies stock opened at $40.13 on Monday. Resideo Technologies, Inc. has a twelve month low of $17.08 and a twelve month high of $45.29. The stock's fifty day simple moving average is $36.74 and its 200-day simple moving average is $36.28. The company has a current ratio of 1.91, a quick ratio of 1.14 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $6.08 billion, a P/E ratio of -9.96 and a beta of 1.75.

Wall Street Analysts Forecast Growth

REZI has been the topic of several research reports. Morgan Stanley increased their target price on Resideo Technologies from $42.00 to $50.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 25th. Oppenheimer reissued an "outperform" rating on shares of Resideo Technologies in a research note on Friday, March 13th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Resideo Technologies in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $39.67.

About Resideo Technologies

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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