Segall Bryant & Hamill LLC Has $3.77 Million Position in Resideo Technologies, Inc. (NYSE:REZI)

Segall Bryant & Hamill LLC lifted its stake in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 16.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,742 shares of the company's stock after buying an additional 29,614 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.14% of Resideo Technologies worth $3,766,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Summit Investment Advisors Inc. lifted its stake in Resideo Technologies by 4.5% during the fourth quarter. Summit Investment Advisors Inc. now owns 15,280 shares of the company's stock worth $352,000 after purchasing an additional 663 shares during the last quarter. Steph & Co. lifted its stake in Resideo Technologies by 6.9% in the first quarter. Steph & Co. now owns 12,209 shares of the company's stock valued at $216,000 after buying an additional 787 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Resideo Technologies by 8.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 11,582 shares of the company's stock valued at $267,000 after buying an additional 933 shares during the last quarter. Versant Capital Management Inc lifted its stake in Resideo Technologies by 52.1% in the first quarter. Versant Capital Management Inc now owns 3,174 shares of the company's stock valued at $56,000 after buying an additional 1,087 shares during the last quarter. Finally, Quarry LP bought a new stake in Resideo Technologies in the fourth quarter valued at $28,000. Institutional investors and hedge funds own 91.71% of the company's stock.

Insider Activity at Resideo Technologies

In other news, Director Nina Richardson sold 2,790 shares of the business's stock in a transaction that occurred 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 in the company, valued at approximately $1,515,709.44. The trade was a 4.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Channel Holdings Ii L.P. Cd&R acquired 5,754,501 shares of the stock in a transaction dated Friday, May 9th. The shares were purchased at an average price of $17.38 per share, for a total transaction of $100,013,227.38. Following the completion of 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 disclosure for this purchase can be found here. Insiders own 1.50% of the company's stock.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Resideo Technologies from $20.00 to $21.00 and gave the company a "neutral" rating in a research note on Tuesday, June 3rd.

Resideo Technologies Stock Down 0.2%

Shares of Resideo Technologies stock traded down $0.06 during trading on Friday, hitting $24.15. 811,253 shares of the stock traded hands, compared to its average volume of 1,026,628. The stock has a market cap of $3.59 billion, a P/E ratio of 75.47 and a beta of 2.15. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.16 and a current ratio of 1.94. Resideo Technologies, Inc. has a twelve month low of $14.18 and a twelve month high of $28.28. The company has a fifty day moving average price of $21.83 and a two-hundred day moving average price of $20.15.

About Resideo Technologies

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.