Charles Schwab Investment Management Inc. Has $31.13 Million Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Charles Schwab Investment Management Inc. raised its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 3.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,545,865 shares of the company's stock after acquiring an additional 54,508 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.06% of Resideo Technologies worth $31,134,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Nilsine Partners LLC boosted its stake in Resideo Technologies by 3.3% in the second quarter. Nilsine Partners LLC now owns 14,256 shares of the company's stock valued at $279,000 after acquiring an additional 452 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in Resideo Technologies by 3.4% in the second quarter. Commonwealth Equity Services LLC now owns 13,702 shares of the company's stock valued at $268,000 after acquiring an additional 454 shares during the last quarter. Quest Partners LLC boosted its stake in Resideo Technologies by 2.3% in the third quarter. Quest Partners LLC now owns 22,045 shares of the company's stock valued at $444,000 after acquiring an additional 505 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Resideo Technologies by 50.0% during the second quarter. GAMMA Investing LLC now owns 1,592 shares of the company's stock worth $31,000 after purchasing an additional 531 shares in the last quarter. Finally, Arizona State Retirement System boosted its position in shares of Resideo Technologies by 1.3% during the second quarter. Arizona State Retirement System now owns 40,683 shares of the company's stock worth $796,000 after purchasing an additional 535 shares in the last quarter. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Trading Down 0.7 %

Shares of NYSE REZI traded down $0.19 during midday trading on Wednesday, reaching $27.56. 649,361 shares of the stock were exchanged, compared to its average volume of 874,132. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 24.83 and a beta of 2.17. Resideo Technologies, Inc. has a 12 month low of $16.36 and a 12 month high of $28.28. The business has a 50-day simple moving average of $22.49 and a two-hundred day simple moving average of $20.92. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10.

Insider Activity at Resideo Technologies

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of Resideo Technologies stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total value of $2,585,366.64. Following the sale, the insider now directly owns 458,928 shares in the company, valued at approximately $12,005,556.48. The trade was a 17.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

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