Resideo Technologies, Inc. (NYSE:REZI) Position Increased by Royce & Associates LP

Royce & Associates LP increased its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 20.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 608,913 shares of the company’s stock after acquiring an additional 104,260 shares during the period. Royce & Associates LP’s holdings in Resideo Technologies were worth $14,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of REZI. R Squared Ltd purchased a new stake in shares of Resideo Technologies during the fourth quarter worth $30,000. Smartleaf Asset Management LLC increased its position in Resideo Technologies by 293.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company’s stock worth $60,000 after buying an additional 1,939 shares during the last quarter. Blue Trust Inc. increased its position in Resideo Technologies by 28.9% during the fourth quarter. Blue Trust Inc. now owns 3,241 shares of the company’s stock worth $75,000 after buying an additional 726 shares during the last quarter. GAMMA Investing LLC increased its position in Resideo Technologies by 19.8% during the fourth quarter. GAMMA Investing LLC now owns 3,918 shares of the company’s stock worth $90,000 after buying an additional 647 shares during the last quarter. Finally, Millburn Ridgefield Corp acquired a new position in Resideo Technologies during the third quarter worth $157,000. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

Resideo Technologies Trading Up 1.5 %

Resideo Technologies stock opened at $17.69 on Tuesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 28.09 and a beta of 2.32. Resideo Technologies, Inc. has a one year low of $16.88 and a one year high of $28.28. The company’s fifty day moving average price is $21.00 and its two-hundred day moving average price is $21.95.

Resideo Technologies (NYSE:REZI) last posted its earnings results on Thursday, February 20th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.08). The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. On average, analysts forecast that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal 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.