Resideo Technologies, Inc. $REZI Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC decreased its position in Resideo Technologies, Inc. (NYSE:REZI) by 21.1% during the 4th quarter, Holdings Channel reports. The firm owned 221,631 shares of the company’s stock after selling 59,216 shares during the quarter. Natixis Advisors LLC’s holdings in Resideo Technologies were worth $7,784,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in REZI. Franklin Resources Inc. boosted its stake in shares of Resideo Technologies by 1,325.0% during the third quarter. Franklin Resources Inc. now owns 1,888,665 shares of the company’s stock valued at $81,553,000 after acquiring an additional 1,756,131 shares during the last quarter. Clayton Dubilier & Rice LLC boosted its stake in shares of Resideo Technologies by 12.7% during the fourth quarter. Clayton Dubilier & Rice LLC now owns 14,976,142 shares of the company’s stock valued at $525,962,000 after acquiring an additional 1,689,758 shares during the last quarter. Norges Bank acquired a new stake in shares of Resideo Technologies during the fourth quarter valued at $56,059,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Resideo Technologies by 365.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,966,157 shares of the company’s stock valued at $84,899,000 after acquiring an additional 1,543,952 shares during the last quarter. Finally, Swedbank AB boosted its stake in shares of Resideo Technologies by 121.5% during the fourth quarter. Swedbank AB now owns 2,346,919 shares of the company’s stock valued at $82,424,000 after acquiring an additional 1,287,162 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Wall Street Analysts Forecast Growth

REZI has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Resideo Technologies in a research note on Tuesday, April 21st. Morgan Stanley increased their price objective on Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Resideo Technologies in a research note on Friday, March 13th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Resideo Technologies currently has an average rating of “Hold” and an average price target of $49.00.

Resideo Technologies Stock Performance

NYSE REZI opened at $31.22 on Monday. The business’s 50-day moving average price is $35.04 and its 200 day moving average price is $35.15. Resideo Technologies, Inc. has a twelve month low of $20.41 and a twelve month high of $45.29. The company has a market capitalization of $4.73 billion, a PE ratio of -8.13 and a beta of 1.64. The company has a current ratio of 2.07, a quick ratio of 1.19 and a debt-to-equity ratio of 1.30.

Resideo Technologies (NYSE:REZI) last released its earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period in the prior year, the business posted $0.63 earnings per share. The firm’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. On average, research analysts predict that Resideo Technologies, Inc. will post 2.63 earnings per share for the current year.

Resideo Technologies Profile

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.