Resideo Technologies, Inc. $REZI Stock Holdings Trimmed by Hantz Financial Services Inc.

Hantz Financial Services Inc. decreased its position in Resideo Technologies, Inc. (NYSE:REZI) by 21.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,908 shares of the company’s stock after selling 4,103 shares during the quarter. Hantz Financial Services Inc.’s holdings in Resideo Technologies were worth $329,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. IFP Advisors Inc boosted its holdings in Resideo Technologies by 20,133.3% in the first quarter. IFP Advisors Inc now owns 2,428 shares of the company’s stock worth $43,000 after purchasing an additional 2,416 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Resideo Technologies in the 1st quarter worth about $65,000. GAMMA Investing LLC lifted its position in shares of Resideo Technologies by 74.5% in the 2nd quarter. GAMMA Investing LLC now owns 5,393 shares of the company’s stock worth $119,000 after buying an additional 2,302 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Resideo Technologies by 113.0% in the 2nd quarter. Blue Trust Inc. now owns 6,101 shares of the company’s stock valued at $135,000 after buying an additional 3,237 shares during the period. Finally, CWM LLC boosted its holdings in shares of Resideo Technologies by 132.7% in the 2nd quarter. CWM LLC now owns 6,963 shares of the company’s stock valued at $154,000 after buying an additional 3,971 shares during the period. 91.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Nina Richardson sold 3,333 shares of Resideo Technologies stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $34.55, for a total transaction of $115,155.15. Following the transaction, the director directly owned 60,675 shares in the company, valued at approximately $2,096,321.25. This trade represents a 5.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Channel Holdings Ii L.P. Cd&R acquired 228,573 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was purchased at an average cost of $33.63 per share, for a total transaction of $7,686,909.99. Following the purchase, the insider directly owned 13,270,734 shares in the company, valued at approximately $446,294,784.42. This represents a 1.75% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 3,067,774 shares of company stock valued at $94,106,585 and have sold 86,231 shares valued at $2,709,742. 1.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently weighed in on REZI. Weiss Ratings reiterated a “sell (d+)” rating on shares of Resideo Technologies in a research note on Wednesday, October 8th. Zacks Research upgraded Resideo Technologies from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Oppenheimer boosted their price objective on Resideo Technologies from $35.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, September 19th. Finally, Morgan Stanley upgraded Resideo Technologies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $24.00 to $35.00 in a research note on Tuesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Resideo Technologies currently has an average rating of “Moderate Buy” and an average target price of $34.67.

Resideo Technologies Price Performance

Shares of REZI opened at $42.94 on Monday. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of -7.86 and a beta of 2.22. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.63 and a current ratio of 1.00. Resideo Technologies, Inc. has a one year low of $14.18 and a one year high of $45.29. The stock’s fifty day moving average is $39.92 and its 200-day moving average is $28.73.

Resideo Technologies (NYSE:REZI) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.12. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.83 billion. Resideo Technologies had a negative net margin of 10.52% and a positive return on equity of 12.55%. Resideo Technologies’s revenue was up 22.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.62 EPS. Resideo Technologies has set its FY 2025 guidance at 2.750-2.870 EPS. Q3 2025 guidance at 0.700-0.760 EPS. Equities analysts anticipate 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.