Franklin Resources Inc. Sells 672 Shares of Resideo Technologies, Inc. (NYSE:REZI)

Franklin Resources Inc. decreased its position in Resideo Technologies, Inc. (NYSE:REZI) by 0.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 171,120 shares of the company’s stock after selling 672 shares during the period. Franklin Resources Inc. owned approximately 0.12% of Resideo Technologies worth $3,944,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. FMR LLC raised its holdings in Resideo Technologies by 22.7% during the 3rd quarter. FMR LLC now owns 165,001 shares of the company’s stock worth $3,323,000 after buying an additional 30,538 shares during the period. State Street Corp increased its position in shares of Resideo Technologies by 2.0% during the third quarter. State Street Corp now owns 8,060,486 shares of the company’s stock worth $162,338,000 after acquiring an additional 159,069 shares in the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Resideo Technologies during the third quarter worth $589,000. Barclays PLC raised its holdings in shares of Resideo Technologies by 358.9% during the third quarter. Barclays PLC now owns 262,698 shares of the company’s stock worth $5,290,000 after acquiring an additional 205,453 shares during the period. Finally, Vestcor Inc lifted its position in Resideo Technologies by 287.6% in the 3rd quarter. Vestcor Inc now owns 33,826 shares of the company’s stock valued at $681,000 after acquiring an additional 25,100 shares in the last quarter. Institutional investors own 91.71% of the company’s stock.

Resideo Technologies Price Performance

REZI stock opened at $15.50 on Friday. The stock has a 50-day moving average price of $18.61 and a two-hundred day moving average price of $21.61. Resideo Technologies, Inc. has a 1 year low of $14.18 and a 1 year high of $28.28. The stock has a market cap of $2.29 billion, a PE ratio of 24.60 and a beta of 2.04. The company has a current ratio of 1.82, a quick ratio of 1.10 and a debt-to-equity ratio of 0.69.

Resideo Technologies (NYSE:REZI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). The firm had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.84 billion. Resideo Technologies had a return on equity of 11.12% and a net margin of 1.69%. Equities analysts forecast 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.