Robeco Schweiz AG Has $10.20 Million Holdings in Resideo Technologies, Inc. (NYSE:REZI)

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

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of Resideo Technologies by 0.5% during 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 during the period. Boston Partners increased its stake in Resideo Technologies by 25.1% during the 4th quarter. Boston Partners now owns 9,797,883 shares of the company's stock worth $225,865,000 after acquiring an additional 1,966,706 shares during the period. Dimensional Fund Advisors LP raised its holdings in Resideo Technologies by 1.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,982,342 shares of the company's stock valued at $183,996,000 after acquiring an additional 88,273 shares in the last quarter. Nuveen Asset Management LLC lifted its position in shares of Resideo Technologies by 32.4% during the 4th quarter. Nuveen Asset Management LLC now owns 2,320,863 shares of the company's stock valued at $53,496,000 after acquiring an additional 567,800 shares during the period. Finally, Prudential Financial Inc. grew its holdings in shares of Resideo Technologies by 11.2% during the 4th quarter. Prudential Financial Inc. now owns 1,917,221 shares of the company's stock worth $44,192,000 after purchasing an additional 192,511 shares in the last quarter. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Trading Down 0.3%

Shares of Resideo Technologies stock traded down $0.07 on Monday, hitting $23.66. The stock had a trading volume of 744,719 shares, compared to its average volume of 1,067,722. The stock has a 50 day moving average of $21.34 and a 200 day moving average of $20.12. The firm has a market capitalization of $3.51 billion, a P/E ratio of 73.95 and a beta of 2.15. Resideo Technologies, Inc. has a twelve month low of $14.18 and a twelve month high of $28.28. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.16 and a current ratio of 1.94.

Insider Activity

In other news, major shareholder Channel Holdings Ii L.P. Cd&R bought 5,754,501 shares of the firm's stock in a transaction on Friday, May 9th. The stock was acquired at an average price of $17.38 per share, with a total value of $100,013,227.38. Following the transaction, the insider owned 5,754,501 shares of the company's stock, valued at $100,013,227.38. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction, the director directly owned 64,008 shares in the company, valued at approximately $1,515,709.44. This represents a 4.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

Resideo Technologies Company Profile

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.