Resideo Technologies, Inc. (NYSE:REZI) Shares Purchased by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC increased its holdings in Resideo Technologies, Inc. (NYSE:REZI) by 32.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 87,112 shares of the company’s stock after buying an additional 21,266 shares during the quarter. Horizon Kinetics Asset Management LLC owned about 0.06% of Resideo Technologies worth $1,754,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Dimensional Fund Advisors LP lifted its holdings in shares of Resideo Technologies by 5.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,822,902 shares of the company’s stock valued at $153,015,000 after buying an additional 397,864 shares during the period. Boston Partners lifted its holdings in Resideo Technologies by 3.0% in the first quarter. Boston Partners now owns 6,700,564 shares of the company’s stock valued at $150,177,000 after acquiring an additional 193,351 shares during the period. Pacer Advisors Inc. boosted its position in Resideo Technologies by 14.8% in the 2nd quarter. Pacer Advisors Inc. now owns 6,104,301 shares of the company’s stock worth $119,400,000 after purchasing an additional 787,934 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Resideo Technologies by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,545,865 shares of the company’s stock worth $31,134,000 after purchasing an additional 54,508 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Resideo Technologies by 1.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,312,932 shares of the company’s stock valued at $25,681,000 after purchasing an additional 17,505 shares in the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Analysts Set New Price Targets

Separately, Evercore ISI initiated coverage on shares of Resideo Technologies in a report on Friday, August 9th. They set an “outperform” rating and a $25.00 price target on the stock.

Resideo Technologies Price Performance

Shares of Resideo Technologies stock opened at $27.69 on Tuesday. The firm has a market cap of $4.07 billion, a PE ratio of 24.95 and a beta of 2.09. Resideo Technologies, Inc. has a twelve month low of $16.16 and a twelve month high of $28.28. 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 business has a 50-day moving average price of $21.38 and a 200 day moving average price of $20.64.

Insider Buying and Selling at Resideo Technologies

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the transaction, the insider now directly owns 458,928 shares in the company, valued at approximately $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.50% of the stock is owned by corporate insiders.

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.