UBS Group AG Cuts Stock Holdings in Resideo Technologies, Inc. $REZI

UBS Group AG lowered its stake in shares of Resideo Technologies, Inc. (NYSE:REZI) by 18.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 297,873 shares of the company’s stock after selling 65,989 shares during the quarter. UBS Group AG owned 0.20% of Resideo Technologies worth $10,461,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. M&T Bank Corp purchased a new stake in shares of Resideo Technologies during the fourth quarter worth $469,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Resideo Technologies by 2.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 53,790 shares of the company’s stock worth $1,889,000 after acquiring an additional 1,494 shares during the period. Farther Finance Advisors LLC increased its position in shares of 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 acquiring an additional 342 shares during the period. State of Alaska Department of Revenue increased its position in shares of Resideo Technologies by 2.0% during the fourth quarter. State of Alaska Department of Revenue now owns 77,408 shares of the company’s stock worth $2,718,000 after acquiring an additional 1,523 shares during the period. Finally, Massachusetts Financial Services Co. MA purchased a new stake in shares of Resideo Technologies during the fourth quarter worth $18,645,000. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Stock Performance

NYSE 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. Resideo Technologies, Inc. has a 1 year low of $19.65 and a 1 year high of $45.29. The company has a market capitalization of $4.28 billion, a PE ratio of -7.36 and a beta of 1.75. The company has a fifty day moving average of $36.43 and a two-hundred day moving average of $35.93.

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

Analyst Upgrades and Downgrades

REZI has been the topic of a number of recent research reports. Oppenheimer reaffirmed an “outperform” rating on shares of Resideo Technologies in a research report on Friday, March 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Finally, Morgan Stanley increased their target price on Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a report on Wednesday, February 25th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Resideo Technologies currently has a consensus rating of “Hold” and a consensus price target 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.