Bank of New York Mellon Corp Has $25.62 Million Stake in Resideo Technologies, Inc. (NYSE:REZI)

Bank of New York Mellon Corp trimmed its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,111,375 shares of the company’s stock after selling 56,139 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.76% of Resideo Technologies worth $25,617,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in REZI. Pacer Advisors Inc. acquired a new stake in shares of Resideo Technologies during the 4th quarter valued at about $122,145,000. Weiss Asset Management LP acquired a new stake in shares of Resideo Technologies during the 3rd quarter valued at about $9,217,000. Beaconlight Capital LLC lifted its holdings in shares of Resideo Technologies by 64.9% during the 3rd quarter. Beaconlight Capital LLC now owns 1,088,926 shares of the company’s stock valued at $21,931,000 after buying an additional 428,669 shares during the last quarter. Pembroke Management LTD lifted its holdings in shares of Resideo Technologies by 126.8% during the 4th quarter. Pembroke Management LTD now owns 667,421 shares of the company’s stock valued at $15,384,000 after buying an additional 373,133 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its stake in shares of Resideo Technologies by 98.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 621,560 shares of the company’s stock valued at $12,518,000 after acquiring an additional 308,060 shares in the last quarter. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Resideo Technologies Stock Up 0.1 %

Shares of REZI stock opened at $18.47 on Monday. The stock’s 50 day simple moving average is $21.66 and its 200 day simple moving average is $22.05. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.10 and a current ratio of 1.82. Resideo Technologies, Inc. has a twelve month low of $17.43 and a twelve month high of $28.28. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 29.32 and a beta of 2.32.

Resideo Technologies (NYSE:REZI) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.08). Resideo Technologies had a net margin of 1.69% and a return on equity of 11.12%. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.84 billion. As a group, research analysts predict that Resideo Technologies, Inc. will post 2.13 EPS for the current year.

Resideo Technologies Profile

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.