AMJ Financial Wealth Management Has $5.15 Million Stock Holdings in Resideo Technologies, Inc. $REZI

AMJ Financial Wealth Management boosted its holdings in Resideo Technologies, Inc. (NYSE:REZI) by 396.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 146,738 shares of the company’s stock after acquiring an additional 117,159 shares during the quarter. AMJ Financial Wealth Management’s holdings in Resideo Technologies were worth $5,153,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its holdings in Resideo Technologies by 2.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,912 shares of the company’s stock worth $455,000 after buying an additional 262 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Resideo Technologies by 36.9% during the fourth quarter. Farther Finance Advisors LLC now owns 1,268 shares of the company’s stock worth $45,000 after buying an additional 342 shares during the last quarter. Sage Rhino Capital LLC raised its holdings in Resideo Technologies by 6.6% during the fourth quarter. Sage Rhino Capital LLC now owns 6,589 shares of the company’s stock worth $231,000 after buying an additional 409 shares during the last quarter. Larson Financial Group LLC raised its holdings in Resideo Technologies by 283.8% during the third quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock worth $25,000 after buying an additional 420 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Resideo Technologies by 3.6% during the third quarter. PNC Financial Services Group Inc. now owns 15,163 shares of the company’s stock worth $655,000 after buying an additional 520 shares during the last quarter. Institutional investors own 91.71% of the company’s stock.

Resideo Technologies Price Performance

REZI opened at $28.27 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.07 and a quick ratio of 1.14. The company has a market capitalization of $4.28 billion, a price-to-earnings ratio of -7.36 and a beta of 1.75. The firm’s fifty day moving average price is $36.43 and its two-hundred day moving average price is $35.93. Resideo Technologies, Inc. has a 1 year low of $19.65 and a 1 year high of $45.29.

Resideo Technologies (NYSE:REZI) last posted its quarterly earnings data on Tuesday, May 12th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.87 billion. Resideo Technologies had a negative net margin of 6.71% and a positive return on equity of 16.70%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. As a group, analysts anticipate that Resideo Technologies, Inc. will post 2.63 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Resideo Technologies Company 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.