Fuller & Thaler Asset Management Inc. Lowers Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Fuller & Thaler Asset Management Inc. decreased its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,513,114 shares of the company's stock after selling 80,511 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 5.11% of Resideo Technologies worth $173,177,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. purchased a new stake in Resideo Technologies during the 4th quarter worth approximately $122,145,000. Boston Partners grew its stake in shares of 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 acquiring an additional 1,966,706 shares in the last quarter. Norges Bank purchased a new stake in shares of Resideo Technologies during the fourth quarter worth $40,596,000. Federated Hermes Inc. acquired a new stake in shares of Resideo Technologies in the fourth quarter valued at $35,542,000. Finally, Pembroke Management LTD boosted its holdings in Resideo Technologies by 126.8% in the fourth quarter. Pembroke Management LTD now owns 667,421 shares of the company's stock valued at $15,384,000 after purchasing an additional 373,133 shares during the period. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded Resideo Technologies from an "overweight" rating to a "neutral" rating and cut their price target for the stock from $31.00 to $16.00 in a report on Tuesday, April 22nd.

Resideo Technologies Stock Down 1.6 %

Resideo Technologies stock traded down $0.26 during trading on Monday, reaching $16.00. The stock had a trading volume of 296,323 shares, compared to its average volume of 940,879. Resideo Technologies, Inc. has a 52-week low of $14.18 and a 52-week high of $28.28. The business has a 50 day moving average price of $17.38 and a 200 day moving average price of $21.33. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The stock has a market cap of $2.37 billion, a PE ratio of 25.38 and a beta of 2.04.

Resideo Technologies (NYSE:REZI - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.08). The firm had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. On average, analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

Resideo Technologies 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.