Representative Pete Sessions (Republican-Texas) recently sold shares of Resideo Technologies, Inc. (NYSE:REZI). In a filing disclosed on October 27th, the Representative disclosed that they had sold between $0 and $1,000 in Resideo Technologies stock on October 21st. The trade occurred in the Representative’s “ET IRA” account.
Representative Pete Sessions also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Walt Disney (NYSE:DIS) on 10/28/2026.
- Sold $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 10/22/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/22/2026.
- Sold $1,001 – $15,000 in shares of Solstice Advanced Mat (NASDAQ:SOLS) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 10/20/2026.
- Sold $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 10/15/2026.
- Sold $15,001 – $50,000 in shares of Chevron (NYSE:CVX) on 10/14/2026.
Resideo Technologies Price Performance
Shares of NYSE REZI opened at $18.82 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 2.22 and a quick ratio of 1.41. The stock has a fifty day moving average price of $18.45 and a 200 day moving average price of $30.05. Resideo Technologies, Inc. has a 1-year low of $15.90 and a 1-year high of $44.18. The company has a market cap of $2.86 billion, a PE ratio of 8.33 and a beta of 1.54.
Resideo Technologies (NYSE:REZI – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.36. Resideo Technologies had a net margin of 5.37% and a return on equity of 17.79%. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm earned $0.66 earnings per share. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. Sell-side analysts forecast that Resideo Technologies, Inc. will post 2.16 EPS for the current year.
Insider Transactions at Resideo Technologies
In other Resideo Technologies news, CEO Thomas Surran acquired 15,000 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was purchased at an average cost of $20.46 per share, for a total transaction of $306,900.00. Following the transaction, the chief executive officer owned 338,573 shares of the company’s stock, valued at $6,927,203.58. The trade was a 4.64% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joshua Foster acquired 15,317 shares of Resideo Technologies stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $20.58 per share, with a total value of $315,223.86. Following the transaction, the senior vice president owned 183,509 shares of the company’s stock, valued at approximately $3,776,615.22. The trade was a 9.11% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 41,245 shares of company stock valued at $848,115 over the last three months. Company insiders own 1.60% of the company’s stock.
Analyst Upgrades and Downgrades
REZI has been the topic of several research reports. Morgan Stanley lowered their target price on Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. JPMorgan Chase & Co. assumed coverage on Resideo Technologies in a research note on Friday, August 7th. They set a “neutral” rating and a $30.00 price target for the company. Weiss Ratings upgraded shares of Resideo Technologies from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 14th. Citizens Jmp assumed coverage on shares of Resideo Technologies in a research note on Monday, October 19th. They issued a “market outperform” rating and a $22.00 price objective on the stock. Finally, Oppenheimer restated an “outperform” rating on shares of Resideo Technologies in a report on Thursday, August 13th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $31.75.
Read Our Latest Research Report on Resideo Technologies
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Ancora Advisors LLC bought a new position in Resideo Technologies during the 2nd quarter worth $13,546,000. J. Goldman & Co LP acquired a new position in Resideo Technologies during the 2nd quarter valued at about $17,983,000. Bank of America Corp DE acquired a new stake in Resideo Technologies in the second quarter worth approximately $32,325,000. Hsbc Holdings PLC boosted its stake in Resideo Technologies by 659.0% during the first quarter. Hsbc Holdings PLC now owns 50,832 shares of the company’s stock valued at $1,706,000 after buying an additional 44,135 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Resideo Technologies during the first quarter valued at approximately $1,497,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.
About Representative Sessions
Pete Sessions (Republican Party) is a member of the U.S. House, representing Texas’ 17th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.
Sessions (Republican Party) ran for re-election to the U.S. House to represent Texas’ 17th Congressional District. He won in the general election on November 5, 2024.
On October 20, 2023, Sessions announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. Sessions lost the first round of nomination voting on October 24, 2023.
Pete Sessions was born and lives in Waco, Texas. Sessions earned a B.S. from Southwestern University in 1978. Sessions’ career experience includes working as an executive with AT&T.
Resideo Technologies Company Profile
Resideo Technologies, Inc (NYSE: REZI) is a provider of products and services for residential and commercial comfort, security, and energy management. The company develops and supplies thermostats, heating and cooling controls, indoor air quality products, water-management solutions, security systems, and other connected home technologies. Its offerings are marketed under Resideo and other established brands, including Honeywell Home, through professional contractors, distributors, retailers, and other channels.
Resideo also operates ADI Global Distribution, a wholesale distributor of security, fire, low-voltage, and smart-home products.
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