Fmr LLC Increases Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

FMR LLC grew its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 22.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 165,001 shares of the company's stock after purchasing an additional 30,538 shares during the period. FMR LLC owned approximately 0.11% of Resideo Technologies worth $3,323,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of REZI. Horizon Kinetics Asset Management LLC boosted its holdings in Resideo Technologies by 32.3% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 87,112 shares of the company's stock valued at $1,754,000 after acquiring an additional 21,266 shares during the period. Citigroup Inc. boosted its holdings in Resideo Technologies by 47.5% during the 3rd quarter. Citigroup Inc. now owns 197,142 shares of the company's stock valued at $3,970,000 after acquiring an additional 63,501 shares during the period. Principal Financial Group Inc. boosted its holdings in Resideo Technologies by 3.1% during the 3rd quarter. Principal Financial Group Inc. now owns 742,628 shares of the company's stock valued at $14,957,000 after acquiring an additional 22,353 shares during the period. Victory Capital Management Inc. boosted its holdings in Resideo Technologies by 14.3% during the 3rd quarter. Victory Capital Management Inc. now owns 165,748 shares of the company's stock valued at $3,338,000 after acquiring an additional 20,723 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its holdings in Resideo Technologies by 53.4% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,214,375 shares of the company's stock valued at $23,753,000 after acquiring an additional 422,730 shares during the period. Institutional investors and hedge funds own 91.71% of the company's stock.

Resideo Technologies Stock Down 0.7 %

REZI stock traded down $0.18 during mid-day trading on Friday, reaching $26.19. The company had a trading volume of 881,943 shares, compared to its average volume of 870,513. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. The company has a market capitalization of $3.85 billion, a price-to-earnings ratio of 23.59 and a beta of 2.17. The firm has a fifty day simple moving average of $23.64 and a 200 day simple moving average of $21.21. Resideo Technologies, Inc. has a fifty-two week low of $16.36 and a fifty-two week high of $28.28.

Insider Transactions at Resideo Technologies

In other news, insider Robert B. Aarnes sold 98,829 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the sale, the insider now owns 458,928 shares of the company's stock, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.50% of the company's stock.

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.