Resideo Technologies, Inc. (NYSE:REZI) Holdings Lifted by State Street Corp

State Street Corp boosted its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 2.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,060,486 shares of the company’s stock after buying an additional 159,069 shares during the quarter. State Street Corp owned 5.48% of Resideo Technologies worth $162,338,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Millburn Ridgefield Corp bought a new position in Resideo Technologies during the third quarter valued at about $157,000. Invenomic Capital Management LP boosted its stake in Resideo Technologies by 269.4% during the third quarter. Invenomic Capital Management LP now owns 271,826 shares of the company’s stock valued at $5,475,000 after buying an additional 198,238 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in Resideo Technologies by 98.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company’s stock valued at $12,518,000 after buying an additional 308,060 shares in the last quarter. Holocene Advisors LP bought a new position in Resideo Technologies during the third quarter valued at about $471,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Resideo Technologies during the third quarter valued at $213,000. Institutional investors own 91.71% of the company’s stock.

Insider Activity

In other news, insider Robert B. Aarnes sold 98,829 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the completion of the sale, the insider now directly owns 458,928 shares of the company’s stock, valued at $12,005,556.48. This represents a 17.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is currently owned by company insiders.

Resideo Technologies Trading Down 0.7 %

Shares of NYSE REZI opened at $26.19 on Friday. Resideo Technologies, Inc. has a 12 month low of $16.36 and a 12 month high of $28.28. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 23.59 and a beta of 2.17. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The business has a fifty day simple moving average of $23.64 and a 200-day simple moving average of $21.22.

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.