Resideo Technologies (NYSE:REZI) Issues Q2 2026 Earnings Guidance

Resideo Technologies (NYSE:REZI) issued an update on its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.710-0.750 for the period, compared to the consensus EPS estimate of 0.810. The company issued revenue guidance of $1.9 billion-$1.9 billion, compared to the consensus revenue estimate of $2.0 billion. Resideo Technologies also updated its FY 2026 guidance to 3.000-3.200 EPS.

Analyst Ratings Changes

Several brokerages have issued reports on REZI. Weiss Ratings restated a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Oppenheimer reiterated an “outperform” rating on shares of Resideo Technologies in a report on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $49.00.

Resideo Technologies Stock Performance

REZI opened at $31.10 on Wednesday. The firm’s 50-day moving average price is $33.31 and its 200-day moving average price is $35.00. The company has a market cap of $4.71 billion, a P/E ratio of -8.10 and a beta of 1.64. The company has a quick ratio of 1.19, a current ratio of 2.07 and a debt-to-equity ratio of 1.30. Resideo Technologies has a 52-week low of $21.81 and a 52-week high of $45.29.

Resideo Technologies (NYSE:REZI) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.65 EPS 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 negative net margin of 6.71% and a positive return on equity of 16.70%. The firm’s revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the business 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. As a group, equities analysts anticipate that Resideo Technologies will post 2.63 EPS for the current fiscal year.

Hedge Funds Weigh In On Resideo Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of REZI. Franklin Resources Inc. grew its holdings in Resideo Technologies by 1,325.0% in the 3rd quarter. Franklin Resources Inc. now owns 1,888,665 shares of the company’s stock valued at $81,553,000 after buying an additional 1,756,131 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Resideo Technologies by 365.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,966,157 shares of the company’s stock worth $84,899,000 after acquiring an additional 1,543,952 shares during the last quarter. Permian Investment Partners LP raised its position in Resideo Technologies by 156.2% in the fourth quarter. Permian Investment Partners LP now owns 2,474,500 shares of the company’s stock valued at $86,904,000 after purchasing an additional 1,508,564 shares during the period. Goldentree Asset Management LP purchased a new position in shares of Resideo Technologies during the 4th quarter worth $44,650,000. Finally, Samlyn Capital LLC purchased a new stake in Resideo Technologies in the 3rd quarter valued at about $36,931,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.

About Resideo Technologies

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.