Segall Bryant & Hamill LLC Boosts Stock Position in Resideo Technologies, Inc. (NYSE:REZI)

Segall Bryant & Hamill LLC raised its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 1,344.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 175,440 shares of the company's stock after purchasing an additional 163,293 shares during the quarter. Segall Bryant & Hamill LLC owned 0.12% of Resideo Technologies worth $3,533,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quest Partners LLC raised its holdings in Resideo Technologies by 2.3% during the 3rd quarter. Quest Partners LLC now owns 22,045 shares of the company's stock valued at $444,000 after buying an additional 505 shares during the period. Royce & Associates LP raised its stake in shares of Resideo Technologies by 6.6% in the third quarter. Royce & Associates LP now owns 504,653 shares of the company's stock valued at $10,164,000 after acquiring an additional 31,340 shares during the period. Nicola Wealth Management LTD. lifted its holdings in shares of Resideo Technologies by 34.7% in the 3rd quarter. Nicola Wealth Management LTD. now owns 205,600 shares of the company's stock worth $4,141,000 after acquiring an additional 53,000 shares during the last quarter. MQS Management LLC purchased a new position in shares of Resideo Technologies during the 3rd quarter worth about $261,000. Finally, Victory Capital Management Inc. grew 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 purchasing an additional 20,723 shares during the last quarter. 91.71% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Robert B. Aarnes sold 98,829 shares of Resideo Technologies stock in a transaction that occurred 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 transaction, the insider now owns 458,928 shares of the company's stock, valued at $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 owned by company insiders.

Resideo Technologies Stock Up 3.2 %

Shares of NYSE REZI traded up $0.84 during midday trading on Friday, reaching $27.21. 987,201 shares of the company's stock traded hands, compared to its average volume of 989,868. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 24.51 and a beta of 2.09. The stock's 50 day simple moving average is $21.38 and its 200-day simple moving average is $20.64. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. Resideo Technologies, Inc. has a one year low of $16.16 and a one year high of $27.33.

Analyst Ratings Changes

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

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.