Natixis Advisors LLC Decreases Position in Resideo Technologies, Inc. $REZI

Natixis Advisors LLC decreased its holdings in shares of Resideo Technologies, Inc. (NYSE:REZI) by 21.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 221,631 shares of the company’s stock after selling 59,216 shares during the quarter. Natixis Advisors LLC owned approximately 0.15% of Resideo Technologies worth $7,784,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new stake in Resideo Technologies during the fourth quarter worth approximately $25,000. Danske Bank A S lifted its stake in Resideo Technologies by 600.0% during the fourth quarter. Danske Bank A S now owns 700 shares of the company’s stock worth $25,000 after purchasing an additional 600 shares during the last quarter. Larson Financial Group LLC lifted its stake 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 purchasing an additional 420 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Resideo Technologies in the second quarter valued at approximately $34,000. Finally, Jones Financial Companies Lllp lifted its stake in Resideo Technologies by 128.4% in the third quarter. Jones Financial Companies Lllp now owns 934 shares of the company’s stock valued at $39,000 after buying an additional 525 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Stock Up 0.0%

Resideo Technologies stock opened at $31.22 on Monday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.19 and a current ratio of 2.07. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of -8.13 and a beta of 1.64. Resideo Technologies, Inc. has a fifty-two week low of $20.41 and a fifty-two week high of $45.29. The stock’s fifty day moving average is $35.04 and its two-hundred day moving average is $35.15.

Resideo Technologies (NYSE:REZI) last posted its earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.04. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.87 billion. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.Resideo Technologies’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.63 earnings per share. 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. Analysts predict that Resideo Technologies, Inc. will post 2.63 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Oppenheimer reiterated an “outperform” rating on shares of Resideo Technologies in a research note on Friday, March 13th. Morgan Stanley boosted their price objective on Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Resideo Technologies in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $49.00.

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.