JPMorgan Chase & Co. Grows Position in Resideo Technologies, Inc. (NYSE:REZI)

JPMorgan Chase & Co. grew its stake in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,078,735 shares of the company's stock after buying an additional 70,755 shares during the quarter. JPMorgan Chase & Co. owned 0.73% of Resideo Technologies worth $24,865,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. R Squared Ltd bought a new position in Resideo Technologies during the 4th quarter worth approximately $30,000. Smartleaf Asset Management LLC grew its holdings in shares of Resideo Technologies by 293.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,600 shares of the company's stock worth $60,000 after purchasing an additional 1,939 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Resideo Technologies by 28.9% in 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 period. GAMMA Investing LLC raised its holdings in Resideo Technologies by 19.8% during the 4th quarter. GAMMA Investing LLC now owns 3,918 shares of the company's stock valued at $90,000 after buying an additional 647 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Resideo Technologies during the 4th quarter valued at $119,000. 91.71% of the stock is owned by institutional investors.

Resideo Technologies Trading Up 0.2 %

NYSE REZI traded up $0.03 on Tuesday, hitting $15.49. The company's stock had a trading volume of 95,909 shares, compared to its average volume of 1,035,760. The firm has a market cap of $2.29 billion, a P/E ratio of 24.58 and a beta of 2.04. Resideo Technologies, Inc. has a 52-week low of $14.18 and a 52-week high of $28.28. The company's 50-day simple moving average is $18.48 and its 200 day simple moving average is $21.59. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69.

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Resideo Technologies (NYSE:REZI - Get Free Report) last released its quarterly earnings results 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). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. Research analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current fiscal year.

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.