Parkside Financial Bank & Trust boosted its position in Resideo Technologies, Inc. (NYSE:REZI – Get Rating) by 26.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,109 shares of the company's stock after purchasing an additional 642 shares during the period. Parkside Financial Bank & Trust's holdings in Resideo Technologies were worth $61,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue increased its holdings in Resideo Technologies by 9.2% in the second quarter. State of Alaska Department of Revenue now owns 109,999 shares of the company's stock valued at $2,136,000 after buying an additional 9,275 shares in the last quarter. Vise Technologies Inc. purchased a new position in Resideo Technologies in the first quarter valued at about $230,000. Ninety One UK Ltd increased its holdings in Resideo Technologies by 23.1% in the first quarter. Ninety One UK Ltd now owns 6,063,041 shares of the company's stock valued at $144,482,000 after buying an additional 1,136,811 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Resideo Technologies by 422.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,129 shares of the company's stock valued at $27,000 after buying an additional 913 shares in the last quarter. Finally, Polar Capital Holdings Plc increased its holdings in Resideo Technologies by 39.0% in the first quarter. Polar Capital Holdings Plc now owns 58,805 shares of the company's stock valued at $1,401,000 after buying an additional 16,500 shares in the last quarter. Institutional investors and hedge funds own 93.40% of the company's stock.
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Shares of Resideo Technologies stock opened at $19.27 on Friday. Resideo Technologies, Inc. has a 12-month low of $18.36 and a 12-month high of $28.35. The company has a current ratio of 1.57, a quick ratio of 0.96 and a debt-to-equity ratio of 0.59. The stock has a market cap of $2.81 billion, a PE ratio of 9.09 and a beta of 2.18. The company has a 50-day moving average of $21.64 and a two-hundred day moving average of $22.41.
Resideo Technologies (NYSE:REZI – Get Rating) last issued 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 business had revenue of $1.69 billion during the quarter, compared to analysts' expectations of $1.66 billion. During the same period last year, the company posted $0.39 EPS. The company's revenue was up 14.2% on a year-over-year basis. On average, research analysts anticipate that Resideo Technologies, Inc. will post 2.38 EPS for the current fiscal year.About Resideo Technologies
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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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