Resideo Technologies (NYSE:REZI) Major Shareholder Channel Holdings Ii L.P. Cd&R Purchases 34,626 Shares

Posted by Stanley Muller on Aug 26th, 2025

Resideo Technologies, Inc. (NYSE:REZI – Get Free Report) major shareholder Channel Holdings Ii L.P. Cd&R acquired 34,626 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were purchased at an average price of $33.41 per share, with a total value of $1,156,854.66. Following the completion of the acquisition, the insider owned 12,849,834 shares of the company’s stock, valued at $429,312,953.94. This represents a 0.27% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Channel Holdings Ii L.P. Cd&R also recently made the following trade(s):

On Monday, August 25th, Channel Holdings Ii L.P. Cd&R acquired 12,327 shares of Resideo Technologies stock. The shares were purchased at an average price of $33.95 per share, with a total value of $418,501.65.
On Thursday, August 21st, Channel Holdings Ii L.P. Cd&R purchased 250,000 shares of Resideo Technologies stock. The stock was bought at an average price of $32.16 per share, with a total value of $8,040,000.00.
On Wednesday, August 20th, Channel Holdings Ii L.P. Cd&R purchased 297,000 shares of Resideo Technologies stock. The stock was bought at an average price of $31.94 per share, with a total value of $9,486,180.00.
On Tuesday, August 19th, Channel Holdings Ii L.P. Cd&R purchased 135,641 shares of Resideo Technologies stock. The stock was bought at an average price of $32.41 per share, with a total value of $4,396,124.81.
On Thursday, August 14th, Channel Holdings Ii L.P. Cd&R purchased 203,161 shares of Resideo Technologies stock. The stock was bought at an average price of $31.89 per share, with a total value of $6,478,804.29.
On Monday, August 18th, Channel Holdings Ii L.P. Cd&R purchased 111,000 shares of Resideo Technologies stock. The stock was bought at an average price of $31.66 per share, with a total value of $3,514,260.00.
On Friday, August 15th, Channel Holdings Ii L.P. Cd&R purchased 339,863 shares of Resideo Technologies stock. The stock was bought at an average price of $31.42 per share, with a total value of $10,678,495.46.
On Tuesday, August 12th, Channel Holdings Ii L.P. Cd&R purchased 339,728 shares of Resideo Technologies stock. The stock was bought at an average price of $30.75 per share, with a total value of $10,446,636.00.
On Monday, August 11th, Channel Holdings Ii L.P. Cd&R purchased 457,508 shares of Resideo Technologies stock. The stock was bought at an average price of $27.34 per share, with a total value of $12,508,268.72.
On Friday, August 8th, Channel Holdings Ii L.P. Cd&R purchased 448,887 shares of Resideo Technologies stock. The stock was bought at an average price of $27.30 per share, with a total value of $12,254,615.10.

Resideo Technologies Stock Up 0.4%

REZI stock traded up $0.13 during mid-day trading on Tuesday, reaching $34.54. The company had a trading volume of 1,860,204 shares, compared to its average volume of 1,216,654. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.00 and a quick ratio of 0.63. The stock has a 50 day simple moving average of $25.76 and a two-hundred day simple moving average of $21.19. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of -6.33 and a beta of 2.16. Resideo Technologies, Inc. has a 52 week low of $14.18 and a 52 week high of $34.79.

Resideo Technologies (NYSE:REZI – Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.54 by $0.12. Resideo Technologies had a positive return on equity of 12.55% and a negative net margin of 10.52%.The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.83 billion. During the same period in the previous year, the company posted $0.62 EPS. The firm’s revenue for the quarter was up 22.3% compared to the same quarter last year. Resideo Technologies has set its FY 2025 guidance at 2.750-2.870 EPS. Q3 2025 guidance at 0.700-0.760 EPS. As a group, equities analysts predict that Resideo Technologies, Inc. will post 2.13 earnings per share for the current fiscal year.

Institutional Trading of Resideo Technologies

Several institutional investors and hedge funds have recently modified their holdings of REZI. Clayton Dubilier & Rice LLC bought a new stake in shares of Resideo Technologies during the 2nd quarter worth $127,290,000. Nuveen LLC bought a new stake in shares of Resideo Technologies during the 1st quarter worth $34,239,000. Norges Bank bought a new stake in shares of Resideo Technologies during the 2nd quarter worth $40,374,000. Ophir Asset Management Pty Ltd bought a new stake in shares of Resideo Technologies during the 2nd quarter worth $35,419,000. Finally, Fuller & Thaler Asset Management Inc. lifted its position in shares of Resideo Technologies by 9.1% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 8,196,828 shares of the company’s stock worth $145,084,000 after buying an additional 683,714 shares during the last quarter. 91.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on REZI shares. Morgan Stanley upgraded Resideo Technologies from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $24.00 to $35.00 in a research note on Tuesday, August 12th. JPMorgan Chase & Co. boosted their price target on Resideo Technologies from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Tuesday, June 3rd. Finally, Oppenheimer upgraded Resideo Technologies from a “market perform” rating to an “outperform” rating in a research note on Wednesday, July 30th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $28.00.

Read Our Latest Report on REZI

About Resideo Technologies

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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.