LPL Financial LLC Has $826,000 Stake in Resideo Technologies, Inc. (NYSE:REZI)

LPL Financial LLC boosted its stake in shares of Resideo Technologies, Inc. (NYSE:REZI) by 26.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,851 shares of the company’s stock after acquiring an additional 7,514 shares during the quarter. LPL Financial LLC’s holdings in Resideo Technologies were worth $826,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. KLP Kapitalforvaltning AS bought a new position in Resideo Technologies during the 4th quarter valued at about $673,000. Hillsdale Investment Management Inc. grew its position in Resideo Technologies by 0.8% during the 4th quarter. Hillsdale Investment Management Inc. now owns 205,540 shares of the company’s stock worth $4,738,000 after acquiring an additional 1,700 shares during the last quarter. Quantbot Technologies LP increased its holdings in Resideo Technologies by 80.8% during the 4th quarter. Quantbot Technologies LP now owns 23,807 shares of the company’s stock valued at $549,000 after purchasing an additional 10,640 shares in the last quarter. Teacher Retirement System of Texas raised its position in Resideo Technologies by 15.1% in the 4th quarter. Teacher Retirement System of Texas now owns 184,833 shares of the company’s stock valued at $4,260,000 after purchasing an additional 24,198 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in Resideo Technologies in the fourth quarter worth $119,000. Institutional investors and hedge funds own 91.71% of the company’s stock.

Resideo Technologies Stock Performance

Shares of NYSE:REZI opened at $15.70 on Tuesday. The business has a fifty day moving average of $17.87 and a 200-day moving average of $21.45. 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 twelve month low of $14.18 and a twelve month high of $28.28. The firm has a market cap of $2.32 billion, a PE ratio of 24.92 and a beta of 2.04.

Resideo Technologies (NYSE:REZI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.84 billion. On average, equities research analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current fiscal year.

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.