Free Trial

Robeco Schweiz AG Cuts Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Resideo Technologies logo with Industrials background

Robeco Schweiz AG lowered its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 1.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 576,021 shares of the company's stock after selling 10,591 shares during the quarter. Robeco Schweiz AG owned approximately 0.39% of Resideo Technologies worth $10,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of REZI. Vanguard Group Inc. raised its holdings in Resideo Technologies by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 16,137,439 shares of the company's stock worth $371,968,000 after purchasing an additional 75,940 shares in the last quarter. Boston Partners raised its holdings in Resideo Technologies by 25.1% in the fourth quarter. Boston Partners now owns 9,797,883 shares of the company's stock worth $225,865,000 after purchasing an additional 1,966,706 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Resideo Technologies by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,982,342 shares of the company's stock worth $183,996,000 after acquiring an additional 88,273 shares during the last quarter. Nuveen Asset Management LLC grew its stake in shares of Resideo Technologies by 32.4% in the fourth quarter. Nuveen Asset Management LLC now owns 2,320,863 shares of the company's stock worth $53,496,000 after acquiring an additional 567,800 shares during the last quarter. Finally, Prudential Financial Inc. grew its stake in shares of Resideo Technologies by 11.2% in the fourth quarter. Prudential Financial Inc. now owns 1,917,221 shares of the company's stock worth $44,192,000 after acquiring an additional 192,511 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company's stock.

Resideo Technologies Trading Up 0.8%

Resideo Technologies stock opened at $24.08 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.94 and a quick ratio of 1.16. Resideo Technologies, Inc. has a one year low of $14.18 and a one year high of $28.28. The stock has a market capitalization of $3.58 billion, a PE ratio of 75.25 and a beta of 2.15. The business's fifty day moving average is $21.22 and its 200 day moving average is $20.18.

Insider Buying and Selling at Resideo Technologies

In related news, Director Nina Richardson sold 2,790 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $23.68, for a total transaction of $66,067.20. Following the sale, the director directly owned 64,008 shares of the company's stock, valued at $1,515,709.44. This trade represents a 4.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Channel Holdings Ii L.P. Cd&R bought 5,754,501 shares of the company's stock in a transaction on Friday, May 9th. The stock was purchased at an average cost of $17.38 per share, for a total transaction of $100,013,227.38. Following the completion of the transaction, the insider directly owned 5,754,501 shares of the company's stock, valued at approximately $100,013,227.38. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 1.50% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. increased their target price on Resideo Technologies from $20.00 to $21.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 3rd.

View Our Latest Stock Report on REZI

Resideo Technologies Profile

(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.

Read More

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Resideo Technologies Right Now?

Before you consider Resideo Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Resideo Technologies wasn't on the list.

While Resideo Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines