AYAL Capital Advisors Ltd Acquires Shares of 140,840 Resideo Technologies, Inc. $REZI

AYAL Capital Advisors Ltd acquired a new stake in shares of Resideo Technologies, Inc. (NYSE:REZI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 140,840 shares of the company’s stock, valued at approximately $4,946,000. Resideo Technologies comprises 1.7% of AYAL Capital Advisors Ltd’s portfolio, making the stock its 18th largest holding. AYAL Capital Advisors Ltd owned approximately 0.09% of Resideo Technologies as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in REZI. Royal Bank of Canada raised its stake in Resideo Technologies by 50.0% during the 1st quarter. Royal Bank of Canada now owns 49,395 shares of the company’s stock valued at $873,000 after acquiring an additional 16,467 shares during the last quarter. AQR Capital Management LLC raised its stake in Resideo Technologies by 58.9% during the 1st quarter. AQR Capital Management LLC now owns 122,734 shares of the company’s stock valued at $2,172,000 after acquiring an additional 45,517 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Resideo Technologies by 7.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 126,161 shares of the company’s stock valued at $2,233,000 after acquiring an additional 9,106 shares during the last quarter. Millennium Management LLC raised its stake in Resideo Technologies by 1,123.6% during the 1st quarter. Millennium Management LLC now owns 263,821 shares of the company’s stock valued at $4,670,000 after acquiring an additional 242,260 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Resideo Technologies by 6.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 439,149 shares of the company’s stock valued at $7,773,000 after acquiring an additional 26,254 shares during the last quarter. 91.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

REZI has been the subject of several analyst reports. Morgan Stanley upped their price objective on Resideo Technologies from $42.00 to $50.00 and gave the company an “overweight” rating in a research note on Wednesday, February 25th. Oppenheimer reiterated an “outperform” rating on shares of Resideo Technologies in a research report on Friday, March 13th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Resideo Technologies in a research report on Tuesday, April 21st. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $49.00.

Resideo Technologies Stock Performance

NYSE REZI opened at $30.46 on Thursday. The company has a current ratio of 2.07, a quick ratio of 1.19 and a debt-to-equity ratio of 1.30. The business’s 50 day moving average is $34.55 and its two-hundred day moving average is $35.16. Resideo Technologies, Inc. has a 12-month low of $20.75 and a 12-month high of $45.29. The stock has a market capitalization of $4.61 billion, a price-to-earnings ratio of -7.93 and a beta of 1.64.

Resideo Technologies (NYSE:REZI) last released its earnings results on Tuesday, May 12th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.04. Resideo Technologies had a positive return on equity of 16.70% and a negative net margin of 6.71%.The company had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same quarter in the previous year, the firm posted $0.63 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Resideo Technologies has set its FY 2026 guidance at 3.000-3.200 EPS and its Q2 2026 guidance at 0.710-0.750 EPS. Research analysts expect that Resideo Technologies, Inc. will post 2.63 EPS for the current year.

Resideo Technologies 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.