Resideo Technologies (NYSE:REZI – Get Free Report) had its price objective upped by equities researchers at Morgan Stanley from $42.00 to $50.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 23.82% from the stock’s current price.
REZI has been the subject of a number of other reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Resideo Technologies in a report on Thursday, January 22nd. Wall Street Zen cut Resideo Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Zacks Research downgraded Resideo Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 11th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Resideo Technologies presently has an average rating of “Hold” and an average target price of $39.67.
Read Our Latest Analysis on REZI
Resideo Technologies Trading Down 1.2%
Institutional Investors Weigh In On Resideo Technologies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. ORG Partners LLC grew its position in shares of Resideo Technologies by 588.2% during the third quarter. ORG Partners LLC now owns 585 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter. Sound Income Strategies LLC purchased a new position in Resideo Technologies during the 4th quarter worth $25,000. Danske Bank A S increased its stake in Resideo Technologies by 600.0% in the fourth quarter. Danske Bank A S now owns 700 shares of the company’s stock valued at $25,000 after purchasing an additional 600 shares during the period. Larson Financial Group LLC increased its stake in Resideo Technologies by 283.8% in the third quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock valued at $25,000 after purchasing an additional 420 shares during the period. Finally, Cullen Frost Bankers Inc. raised its holdings in shares of 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 buying an additional 587 shares during the last quarter. Hedge funds and other institutional investors own 91.71% of the company’s stock.
Key Resideo Technologies News
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
Resideo Technologies Company Profile
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.
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