Neuberger Berman Group LLC Has $85.60 Million Stake in Resideo Technologies, Inc. (NYSE:REZI)

Neuberger Berman Group LLC lessened its holdings in shares of Resideo Technologies, Inc. (NYSE:REZIGet Rating) by 1.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,587,975 shares of the company’s stock after selling 66,049 shares during the period. Neuberger Berman Group LLC’s holdings in Resideo Technologies were worth $85,599,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in REZI. Vanguard Group Inc. raised its holdings in shares of Resideo Technologies by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 15,677,719 shares of the company’s stock worth $373,600,000 after buying an additional 326,608 shares in the last quarter. Ariel Investments LLC grew its holdings in Resideo Technologies by 48.9% during the first quarter. Ariel Investments LLC now owns 8,889,988 shares of the company’s stock valued at $211,848,000 after purchasing an additional 2,918,450 shares during the period. Boston Partners boosted its holdings in shares of Resideo Technologies by 17.4% in the first quarter. Boston Partners now owns 8,769,580 shares of the company’s stock worth $208,354,000 after acquiring an additional 1,300,455 shares during the period. State Street Corp raised its position in shares of Resideo Technologies by 5.0% in the fourth quarter. State Street Corp now owns 6,905,475 shares of the company’s stock worth $179,750,000 after buying an additional 331,689 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its position in Resideo Technologies by 0.8% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 4,658,709 shares of the company’s stock valued at $111,017,000 after purchasing an additional 38,558 shares in the last quarter. Institutional investors own 93.40% of the company’s stock.

Resideo Technologies Stock Up 0.0 %

NYSE REZI opened at $20.17 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.57 and a quick ratio of 0.96. The stock has a market capitalization of $2.94 billion, a PE ratio of 9.51 and a beta of 2.18. Resideo Technologies, Inc. has a 1 year low of $18.36 and a 1 year high of $28.35. The business’s 50-day moving average is $21.67 and its 200 day moving average is $22.56.

Resideo Technologies (NYSE:REZIGet Rating) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.06. Resideo Technologies had a net margin of 5.14% and a return on equity of 13.79%. The company had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the previous year, the business earned $0.39 EPS. The firm’s revenue for the quarter was up 14.2% on a year-over-year basis. Sell-side analysts forecast that Resideo Technologies, Inc. will post 2.38 earnings per share for the current year.

Resideo Technologies Profile

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Resideo Technologies, Inc develops, manufactures, and sells comfort, residential thermal, and security solutions to the commercial and residential end markets in the United States, Europe, and internationally. The company operates in two segments, Products & Solutions, and ADI Global Distribution.

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Institutional Ownership by Quarter for Resideo Technologies (NYSE:REZI)

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