Resideo Technologies (NYSE:REZI) Shares Gap Up After Analyst Upgrade

Resideo Technologies, Inc. (NYSE:REZI)’s share price gapped up prior to trading on Wednesday after Morgan Stanley raised their price target on the stock from $42.00 to $50.00. The stock had previously closed at $35.72, but opened at $40.37. Morgan Stanley currently has an overweight rating on the stock. Resideo Technologies shares last traded at $40.2150, with a volume of 624,729 shares traded.

A number of other brokerages have also issued reports on REZI. Zacks Research lowered Resideo Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Wall Street Zen lowered Resideo Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Resideo Technologies in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Resideo Technologies currently has a consensus rating of “Hold” and an average target price of $39.67.

Resideo Technologies News Summary

Here are the key news stories impacting Resideo Technologies this week:

• Positive Sentiment: Q4 results and revenue beat analysts’ estimates; Resideo reported EPS of $0.50 (beat) and sales topped expectations, which triggered the initial stock rally. Article Title
• Positive Sentiment: The company raised guidance: Q1 EPS guide of $0.58–$0.62 (above consensus ~$0.54) and FY2026 EPS guide of $3.00–$3.20 (above consensus ~$2.73); revenue guidance was increased to roughly $7.8–$7.9B — management’s outlook supported the share-price rally. (See Q4 highlights and guidance release.) Article Title
• Positive Sentiment: Morgan Stanley raised its price target to $50 and moved to an “overweight” rating, signaling meaningful analyst support and adding upside perception for investors. Article Title
• Positive Sentiment: Short interest declined ~17.2% in February (to ~3.84M shares), lowering potential short-pressure and suggesting fewer bearish positions — a constructive technical signal.
• Neutral Sentiment: Multiple write-ups, earnings transcript and the investor presentation provide detail for modeling (revenue mix, margin drivers and model updates); useful for longer-term investors but not immediate catalysts by themselves. Presentation Transcript
• Neutral Sentiment: Analyst and media coverage (Zacks, Seeking Alpha, MSN) are highlighting the beats and guidance; coverage can amplify moves but doesn’t change fundamentals by itself. Zacks
• Negative Sentiment: On a year-over-year basis, Q4 EPS declined vs. the prior year (from $0.59 to $0.50), which highlights some margin/earnings pressure despite revenue strength — a potential concern for value-focused investors. MSN

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC lifted its holdings in shares of Resideo Technologies by 283.8% in the 3rd quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock worth $25,000 after acquiring an additional 420 shares during the last quarter. ORG Partners LLC raised its position in Resideo Technologies by 588.2% in the third quarter. ORG Partners LLC now owns 585 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Cullen Frost Bankers Inc. raised its position in Resideo Technologies by 1,778.8% in the third quarter. Cullen Frost Bankers Inc. now owns 620 shares of the company’s stock valued at $27,000 after purchasing an additional 587 shares during the period. Sound Income Strategies LLC acquired a new position in Resideo Technologies during the fourth quarter worth $25,000. Finally, Danske Bank A S boosted its position in shares of Resideo Technologies by 600.0% during the fourth quarter. Danske Bank A S now owns 700 shares of the company’s stock worth $25,000 after buying an additional 600 shares during the period. Hedge funds and other institutional investors own 91.71% of the company’s stock.

Resideo Technologies Price Performance

The company has a debt-to-equity ratio of 1.30, a current ratio of 1.91 and a quick ratio of 1.07. The firm has a market capitalization of $6.11 billion, a price-to-earnings ratio of -10.02 and a beta of 1.73. The stock has a 50 day moving average price of $36.12 and a two-hundred day moving average price of $36.53.

About Resideo Technologies

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.