Royce & Associates LP Buys 31,340 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Royce & Associates LP lifted its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 6.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 504,653 shares of the company’s stock after acquiring an additional 31,340 shares during the quarter. Royce & Associates LP’s holdings in Resideo Technologies were worth $10,164,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. GAMMA Investing LLC grew its position in shares of Resideo Technologies by 50.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,592 shares of the company’s stock worth $31,000 after buying an additional 531 shares during the period. International Assets Investment Management LLC raised its stake in Resideo Technologies by 1,740.5% during the 3rd quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock worth $43,000 after buying an additional 2,019 shares during the period. Blue Trust Inc. raised its stake in Resideo Technologies by 55.0% during the 3rd quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock worth $49,000 after buying an additional 892 shares during the period. Quarry LP lifted its holdings in shares of Resideo Technologies by 79.7% during the 2nd quarter. Quarry LP now owns 2,892 shares of the company’s stock valued at $57,000 after purchasing an additional 1,283 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in Resideo Technologies during the 1st quarter worth approximately $70,000. Institutional investors and hedge funds own 91.71% of the company’s stock.

Analyst Upgrades and Downgrades

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

Resideo Technologies Price Performance

NYSE REZI opened at $25.78 on Friday. Resideo Technologies, Inc. has a 12-month low of $16.05 and a 12-month high of $25.80. The firm’s 50 day moving average is $20.57 and its 200-day moving average is $20.43. The company has a market capitalization of $3.79 billion, a PE ratio of 23.23 and a beta of 2.09. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69.

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.