Resideo Technologies, Inc. (NYSE:REZI) Shares Bought by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lifted its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 1,344.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,440 shares of the company’s stock after purchasing an additional 163,293 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Resideo Technologies were worth $3,533,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its holdings in Resideo Technologies by 14.8% during the second quarter. Pacer Advisors Inc. now owns 6,104,301 shares of the company’s stock valued at $119,400,000 after purchasing an additional 787,934 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in Resideo Technologies by 53.4% during the second quarter. D. E. Shaw & Co. Inc. now owns 1,214,375 shares of the company’s stock worth $23,753,000 after buying an additional 422,730 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Resideo Technologies by 5.4% in the second quarter. Dimensional Fund Advisors LP now owns 7,822,902 shares of the company’s stock valued at $153,015,000 after purchasing an additional 397,864 shares during the period. Cubist Systematic Strategies LLC increased its holdings in shares of Resideo Technologies by 167.2% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 542,409 shares of the company’s stock worth $10,610,000 after buying an additional 339,434 shares during the last quarter. Finally, Pembroke Management LTD purchased a new stake in Resideo Technologies in the third quarter valued at $5,927,000. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Insider Transactions at Resideo Technologies

In related news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the transaction, the insider now owns 458,928 shares of the company’s stock, valued at $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Separately, Evercore ISI initiated coverage on Resideo Technologies in a research note on Friday, August 9th. They set an “outperform” rating and a $25.00 price target on the stock.

Resideo Technologies Price Performance

Shares of NYSE REZI opened at $27.21 on Friday. The firm has a market capitalization of $4.00 billion, a PE ratio of 24.42 and a beta of 2.09. Resideo Technologies, Inc. has a fifty-two week low of $16.16 and a fifty-two week high of $27.33. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. The stock’s 50-day simple moving average is $21.21 and its 200-day simple moving average is $20.60.

About Resideo Technologies

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.