140,840 Shares in Resideo Technologies, Inc. $REZI Acquired by AYAL Capital Advisors Ltd

AYAL Capital Advisors Ltd purchased a new position in Resideo Technologies, Inc. (NYSE:REZI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 140,840 shares of the company’s stock, valued at approximately $4,946,000. Resideo Technologies accounts for about 1.7% of AYAL Capital Advisors Ltd’s portfolio, making the stock its 18th largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Larson Financial Group LLC grew its holdings in shares of Resideo Technologies by 283.8% in the 3rd quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock worth $25,000 after acquiring an additional 420 shares during the period. Sound Income Strategies LLC acquired a new stake in Resideo Technologies during the 4th quarter valued at $25,000. Danske Bank A S grew its holdings in Resideo Technologies by 600.0% during the 4th quarter. Danske Bank A S now owns 700 shares of the company’s stock valued at $25,000 after buying an additional 600 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Resideo Technologies by 128.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 934 shares of the company’s stock valued at $39,000 after buying an additional 525 shares during the last quarter. Finally, McMillan Office Inc. acquired a new stake in Resideo Technologies during the 4th quarter valued at $33,000. Institutional investors and hedge funds own 91.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on REZI shares. Oppenheimer reiterated an “outperform” rating on shares of Resideo Technologies in a report on Friday, March 13th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Resideo Technologies in a report on Tuesday, April 21st. Finally, Morgan Stanley increased their target price on Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $49.00.

Resideo Technologies Trading Down 5.5%

Shares of Resideo Technologies stock opened at $30.46 on Thursday. Resideo Technologies, Inc. has a fifty-two week low of $20.75 and a fifty-two week high of $45.29. The firm has a market cap of $4.61 billion, a PE ratio of -7.93 and a beta of 1.64. The business’s fifty day moving average is $34.55 and its two-hundred day moving average is $35.16. The company has a quick ratio of 1.19, a current ratio of 2.07 and a debt-to-equity ratio of 1.30.

Resideo Technologies (NYSE:REZI) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. During the same quarter in the prior year, the company posted $0.63 EPS. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Resideo Technologies has set its FY 2026 guidance at 3.000-3.200 EPS and its Q2 2026 guidance at 0.710-0.750 EPS. Analysts anticipate that Resideo Technologies, Inc. will post 2.63 earnings per share for the current year.

About Resideo Technologies

Resideo Technologies, Inc, headquartered in Austin, Texas, is a global provider of home comfort, security and energy management solutions. Formed as an independent company in 2018 following its spin-off from Honeywell, Resideo leverages decades of engineering experience to deliver connected products and services to residential and light commercial customers.

The company’s core offerings include smart thermostats, security systems, video doorbells, water leak and freeze detection devices, and indoor air quality monitors.