Intech Investment Management LLC Has $4.04 Million Stock Holdings in Resideo Technologies, Inc. $REZI

Intech Investment Management LLC grew its position in Resideo Technologies, Inc. (NYSE:REZI) by 22.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 115,155 shares of the company’s stock after purchasing an additional 20,735 shares during the period. Intech Investment Management LLC owned about 0.08% of Resideo Technologies worth $4,044,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alpha Wave Global LP bought a new position in shares of Resideo Technologies in the third quarter valued at about $8,811,000. Hudson Bay Capital Management LP bought a new position in shares of Resideo Technologies in the third quarter valued at about $3,022,000. Fisher Asset Management LLC raised its holdings in shares of Resideo Technologies by 4.2% in the third quarter. Fisher Asset Management LLC now owns 1,090,528 shares of the company’s stock valued at $47,089,000 after buying an additional 44,206 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Resideo Technologies by 17.7% in the third quarter. JPMorgan Chase & Co. now owns 1,177,769 shares of the company’s stock valued at $50,856,000 after buying an additional 177,403 shares during the last quarter. Finally, Swedbank AB raised its holdings in shares of Resideo Technologies by 121.5% in the fourth quarter. Swedbank AB now owns 2,346,919 shares of the company’s stock valued at $82,424,000 after buying an additional 1,287,162 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Stock Performance

Shares of NYSE:REZI opened at $30.55 on Tuesday. The stock has a market capitalization of $4.63 billion, a P/E ratio of -7.96 and a beta of 1.75. Resideo Technologies, Inc. has a 1-year low of $20.21 and a 1-year high of $45.29. The company has a current ratio of 2.07, a quick ratio of 1.19 and a debt-to-equity ratio of 1.30. The business has a 50-day moving average price of $35.36 and a two-hundred day moving average price of $35.18.

Resideo Technologies (NYSE:REZI) last announced its quarterly earnings data 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. The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.63 EPS. 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. Equities analysts predict that Resideo Technologies, Inc. will post 2.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Morgan Stanley lifted their price target on Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Oppenheimer reaffirmed an “outperform” rating on shares of Resideo Technologies in a report on Friday, March 13th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Resideo Technologies in a report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $39.67.

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.