Resideo Technologies, Inc. (NYSE:REZI) Shares Purchased by Royce & Associates LP

Royce & Associates LP boosted its stake in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 20.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 608,913 shares of the company's stock after acquiring an additional 104,260 shares during the quarter. Royce & Associates LP owned 0.41% of Resideo Technologies worth $14,035,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Horizon Kinetics Asset Management LLC lifted its position in shares of Resideo Technologies by 32.3% in the third 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 in the last quarter. Citigroup Inc. raised its stake in Resideo Technologies by 47.5% in the 3rd quarter. Citigroup Inc. now owns 197,142 shares of the company's stock valued at $3,970,000 after purchasing an additional 63,501 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Resideo Technologies by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,007,980 shares of the company's stock valued at $20,301,000 after purchasing an additional 143,452 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in Resideo Technologies by 98.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company's stock worth $12,518,000 after purchasing an additional 308,060 shares during the last quarter. Finally, Barclays PLC boosted its stake in Resideo Technologies by 358.9% during the 3rd quarter. Barclays PLC now owns 262,698 shares of the company's stock worth $5,290,000 after purchasing an additional 205,453 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company's stock.

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Resideo Technologies Price Performance

Shares of NYSE REZI traded down $0.26 during mid-day trading on Friday, reaching $17.85. The company's stock had a trading volume of 4,903,451 shares, compared to its average volume of 834,514. The stock has a 50-day moving average of $20.71 and a two-hundred day moving average of $21.87. 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 stock has a market capitalization of $2.64 billion, a P/E ratio of 28.33 and a beta of 2.32. Resideo Technologies, Inc. has a 1-year low of $16.88 and a 1-year high of $28.28.

Resideo Technologies (NYSE:REZI - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) 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 business had revenue of $1.86 billion for the quarter, compared to analysts' expectations of $1.84 billion. On average, equities research analysts anticipate 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.