Horizon Kinetics Asset Management LLC Increases Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Horizon Kinetics Asset Management LLC raised its position in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 32.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,112 shares of the company's stock after buying an additional 21,266 shares during the period. Horizon Kinetics Asset Management LLC owned about 0.06% of Resideo Technologies worth $1,754,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its holdings in shares of Resideo Technologies by 5.4% during the second quarter. Dimensional Fund Advisors LP now owns 7,822,902 shares of the company's stock valued at $153,015,000 after acquiring an additional 397,864 shares in the last quarter. Boston Partners lifted its position in shares of Resideo Technologies by 3.0% in the 1st quarter. Boston Partners now owns 6,700,564 shares of the company's stock worth $150,177,000 after purchasing an additional 193,351 shares during the period. Pacer Advisors Inc. lifted its position in shares of Resideo Technologies by 14.8% in the 2nd quarter. Pacer Advisors Inc. now owns 6,104,301 shares of the company's stock worth $119,400,000 after purchasing an additional 787,934 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Resideo Technologies by 3.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,545,865 shares of the company's stock valued at $31,134,000 after purchasing an additional 54,508 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Resideo Technologies by 1.4% during the second quarter. Bank of New York Mellon Corp now owns 1,312,932 shares of the company's stock valued at $25,681,000 after buying an additional 17,505 shares during the period. Institutional investors own 91.71% of the company's stock.

Analyst Upgrades and Downgrades

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

Resideo Technologies Stock Down 1.3 %

NYSE REZI traded down $0.37 during mid-day trading on Tuesday, reaching $27.32. The stock had a trading volume of 807,841 shares, compared to its average volume of 877,034. The stock has a market cap of $4.02 billion, a PE ratio of 24.68 and a beta of 2.09. Resideo Technologies, Inc. has a 1 year low of $16.16 and a 1 year high of $28.28. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The company has a fifty day moving average price of $21.55 and a 200 day moving average price of $20.68.

Insider Transactions at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the transaction, the insider now owns 458,928 shares in the company, valued at $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.50% of the company's 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.