Teacher Retirement System of Texas Grows Stake in Resideo Technologies, Inc. (NYSE:REZI)

Teacher Retirement System of Texas increased its holdings in Resideo Technologies, Inc. (NYSE:REZI - Free Report) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 184,833 shares of the company's stock after purchasing an additional 24,198 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.13% of Resideo Technologies worth $4,260,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of REZI. Harvest Fund Management Co. Ltd purchased a new stake in Resideo Technologies in the fourth quarter worth $119,000. Xponance Inc. bought a new stake in shares of Resideo Technologies during the 4th quarter valued at about $293,000. Boston Partners increased its position in shares of Resideo Technologies by 25.1% during the fourth quarter. Boston Partners now owns 9,797,883 shares of the company's stock valued at $225,865,000 after buying an additional 1,966,706 shares during the period. Cibc World Markets Corp bought a new position in Resideo Technologies in the fourth quarter worth about $315,000. Finally, Royce & Associates LP lifted its holdings in Resideo Technologies by 20.7% in the fourth quarter. Royce & Associates LP now owns 608,913 shares of the company's stock worth $14,035,000 after buying an additional 104,260 shares during the period. Hedge funds and other institutional investors own 91.71% of the company's stock.

Resideo Technologies Stock Down 3.9 %

Shares of REZI stock traded down $0.72 during midday trading on Friday, reaching $17.80. 942,029 shares of the stock were exchanged, compared to its average volume of 896,916. Resideo Technologies, Inc. has a 1 year low of $16.88 and a 1 year high of $28.28. The firm has a market cap of $2.63 billion, a PE ratio of 28.25 and a beta of 2.32. The company's 50 day moving average is $20.19 and its two-hundred day moving average is $21.85. 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 issued 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). The firm had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. On average, equities research analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current 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.