Resideo Technologies, Inc. (NYSE:REZI) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,645,390 shares of the company's stock after acquiring an additional 99,525 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.12% of Resideo Technologies worth $37,926,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in REZI. Pacer Advisors Inc. purchased a new stake in shares of Resideo Technologies during the 4th quarter worth $122,145,000. Weiss Asset Management LP purchased a new stake in Resideo Technologies during the 3rd quarter worth about $9,217,000. Beaconlight Capital LLC boosted its position in shares of Resideo Technologies by 64.9% during the 3rd quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company's stock worth $21,931,000 after acquiring an additional 428,669 shares in the last quarter. Pembroke Management LTD boosted its position in shares of Resideo Technologies by 126.8% during the 4th quarter. Pembroke Management LTD now owns 667,421 shares of the company's stock worth $15,384,000 after acquiring an additional 373,133 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Resideo Technologies by 98.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company's stock valued at $12,518,000 after acquiring an additional 308,060 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company's stock.

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Resideo Technologies Stock Up 3.3 %

REZI stock traded up $0.58 during trading on Wednesday, hitting $18.01. 501,252 shares of the company's stock were exchanged, compared to its average volume of 905,514. The business has a 50-day moving average price of $20.89 and a two-hundred day moving average price of $21.93. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 28.59 and a beta of 2.32. Resideo Technologies, Inc. has a 52-week low of $16.88 and a 52-week high of $28.28.

Resideo Technologies (NYSE:REZI - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.08). The company 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%. As a group, equities research analysts expect that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

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.