Robeco Institutional Asset Management B.V. Has $3.55 Million Stock Holdings in Resideo Technologies, Inc. (NYSE:REZI)

Robeco Institutional Asset Management B.V. lowered its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 16.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 154,188 shares of the company’s stock after selling 30,655 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Resideo Technologies were worth $3,554,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. R Squared Ltd acquired a new stake in shares of Resideo Technologies during the 4th quarter worth approximately $30,000. International Assets Investment Management LLC increased its stake in Resideo Technologies by 1,740.5% in the third quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock valued at $43,000 after purchasing an additional 2,019 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of Resideo Technologies by 55.0% during the third quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock valued at $49,000 after purchasing an additional 892 shares during the period. GAMMA Investing LLC boosted its position in shares of Resideo Technologies by 105.5% during the 3rd quarter. GAMMA Investing LLC now owns 3,271 shares of the company’s stock worth $66,000 after purchasing an additional 1,679 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Resideo Technologies in the 3rd quarter valued at about $112,000. 91.71% of the stock is currently owned by institutional investors.

Resideo Technologies Stock Down 2.0 %

REZI stock opened at $22.54 on Monday. The stock’s 50 day simple moving average is $24.48 and its 200 day simple moving average is $22.02. The company has a market cap of $3.31 billion, a P/E ratio of 20.31 and a beta of 2.17. 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, Inc. has a fifty-two week low of $16.53 and a fifty-two week high of $28.28.

Resideo Technologies (NYSE:REZI) last issued its earnings results on Thursday, November 7th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Resideo Technologies had a return on equity of 10.97% and a net margin of 2.72%. During the same period last year, the business earned $0.41 EPS. On average, research analysts expect that Resideo Technologies, Inc. will post 1.96 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Robert B. Aarnes sold 98,829 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total value of $2,585,366.64. Following the transaction, the insider now owns 458,928 shares of the company’s stock, valued at approximately $12,005,556.48. This trade represents a 17.72 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Resideo Technologies 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.