Crossmark Global Holdings Inc. Buys 3,351 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Crossmark Global Holdings Inc. grew its stake in shares of Resideo Technologies, Inc. (NYSE:REZI) by 16.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,121 shares of the company’s stock after buying an additional 3,351 shares during the period. Crossmark Global Holdings Inc.’s holdings in Resideo Technologies were worth $465,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of REZI. Summit Global Investments raised its position in Resideo Technologies by 83.1% during the third quarter. Summit Global Investments now owns 20,867 shares of the company’s stock valued at $420,000 after purchasing an additional 9,470 shares in the last quarter. Olympiad Research LP bought a new stake in Resideo Technologies in the 3rd quarter worth approximately $251,000. Principal Financial Group Inc. boosted its stake in Resideo Technologies by 3.1% in the third quarter. Principal Financial Group Inc. now owns 742,628 shares of the company’s stock worth $14,957,000 after buying an additional 22,353 shares in the last quarter. QRG Capital Management Inc. bought a new position in Resideo Technologies during the third quarter valued at approximately $202,000. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Resideo Technologies by 83.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 184,843 shares of the company’s stock worth $3,723,000 after acquiring an additional 83,987 shares in the last quarter. 91.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Evercore ISI began coverage on shares of Resideo Technologies in a report on Friday, August 9th. They issued an “outperform” rating and a $25.00 price target on the stock.

Resideo Technologies Stock Up 1.7 %

NYSE:REZI opened at $25.78 on Friday. The firm has a 50-day simple moving average of $20.57 and a two-hundred day simple moving average of $20.43. The firm has a market cap of $3.79 billion, a P/E ratio of 23.23 and a beta of 2.09. Resideo Technologies, Inc. has a fifty-two week low of $16.05 and a fifty-two week high of $25.80. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82.

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.