Resideo Technologies (NYSE:REZI) Updates FY 2025 Earnings Guidance

Key Points

• Resideo Technologies has updated its FY 2025 earnings guidance, projecting an EPS of 2.750-2.870 and revenue of $7.5 billion-$7.6 billion, surpassing consensus estimates.
• Wall Street analysts, including Oppenheimer, have responded positively, with Oppenheimer upgrading the stock to "outperform" and JPMorgan increasing its price target to $21.00.
• Insider trading activity includes a significant sale of 47,000 shares by insider Robert B. Aarnes, while major shareholder Channel Holdings made a notable acquisition of over 5.7 million shares.

Resideo Technologies (NYSE:REZI - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.750-2.870 for the period, compared to the consensus estimate of 2.390. The company issued revenue guidance of $7.5 billion-$7.6 billion, compared to the consensus revenue estimate of $7.4 billion. Resideo Technologies also updated its Q3 2025 guidance to 0.700-0.760 EPS.

Resideo Technologies Price Performance

Shares of NYSE REZI traded up $0.41 during mid-day trading on Friday, reaching $27.32. The company's stock had a trading volume of 577,412 shares, compared to its average volume of 1,127,406. The stock has a market capitalization of $4.06 billion, a P/E ratio of -5.01 and a beta of 2.16. Resideo Technologies has a 1-year low of $14.18 and a 1-year high of $29.40. The stock has a 50-day moving average of $23.22 and a two-hundred day moving average of $20.46. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.16 and a current ratio of 1.00.

Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.12. The firm had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $1.83 billion. Resideo Technologies had a negative net margin of 10.52% and a positive return on equity of 12.55%. The company's revenue was up 22.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.62 EPS. On average, equities research analysts anticipate that Resideo Technologies will post 2.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on REZI. Oppenheimer raised shares of Resideo Technologies from a "market perform" rating to an "outperform" rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. raised their price objective on shares of Resideo Technologies from $20.00 to $21.00 and gave the stock a "neutral" rating in a research report on Tuesday, June 3rd.

Insider Buying and Selling

In other Resideo Technologies news, insider Robert B. Aarnes sold 47,000 shares of Resideo Technologies stock in a transaction on Wednesday, July 30th. The shares were sold at an average price of $28.00, for a total value of $1,316,000.00. Following the transaction, the insider owned 503,692 shares in the company, valued at $14,103,376. This trade represents a 8.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Nina Richardson sold 2,790 shares of Resideo Technologies stock in a transaction on Monday, July 7th. The shares were sold at an average price of $23.68, for a total transaction of $66,067.20. Following the transaction, the director owned 64,008 shares in the company, valued at $1,515,709.44. The trade was a 4.18% decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Resideo Technologies

Several hedge funds and other institutional investors have recently modified their holdings of REZI. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Resideo Technologies by 6.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 439,149 shares of the company's stock worth $7,773,000 after purchasing an additional 26,254 shares during the last quarter. Millennium Management LLC boosted its holdings in Resideo Technologies by 1,123.6% during the first quarter. Millennium Management LLC now owns 263,821 shares of the company's stock worth $4,670,000 after buying an additional 242,260 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Resideo Technologies by 37.1% in the first quarter. Jane Street Group LLC now owns 169,033 shares of the company's stock valued at $2,992,000 after buying an additional 45,779 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Resideo Technologies by 7.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 126,161 shares of the company's stock valued at $2,233,000 after acquiring an additional 9,106 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Resideo Technologies by 58.9% during the 1st quarter. AQR Capital Management LLC now owns 122,734 shares of the company's stock worth $2,172,000 after acquiring an additional 45,517 shares in the last quarter. Institutional investors and hedge funds own 91.71% of the company's stock.

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.