Pzena Investment Management LLC Makes New $52.46 Million Investment in Resideo Technologies, Inc. $REZI

Posted by Brenda Bartman on Aug 18th, 2026

Pzena Investment Management LLC purchased a new stake in Resideo Technologies, Inc. (NYSE:REZI – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 1,686,765 shares of the company’s stock, valued at approximately $52,458,000.

Other institutional investors also recently modified their holdings of the company. Larson Financial Group LLC grew its holdings in shares of Resideo Technologies by 283.8% during the third quarter. Larson Financial Group LLC now owns 568 shares of the company’s stock worth $25,000 after buying an additional 420 shares in the last quarter. Danske Bank A S raised its position in Resideo Technologies by 600.0% in the 4th quarter. Danske Bank A S now owns 700 shares of the company’s stock valued at $25,000 after buying an additional 600 shares during the last quarter. McMillan Office Inc. bought a new stake in Resideo Technologies in the 4th quarter valued at approximately $33,000. Kestra Advisory Services LLC bought a new stake in Resideo Technologies in the 4th quarter valued at approximately $34,000. Finally, Employees Retirement System of Texas acquired a new position in Resideo Technologies during the 3rd quarter worth approximately $45,000. 91.71% of the stock is currently owned by institutional investors.

Resideo Technologies Stock Performance

REZI opened at $20.75 on Tuesday. Resideo Technologies, Inc. has a 52-week low of $20.10 and a 52-week high of $45.29. The firm has a market capitalization of $3.15 billion, a PE ratio of 9.18 and a beta of 1.63. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.41 and a current ratio of 2.22. The business’s 50-day simple moving average is $31.21 and its 200 day simple moving average is $33.82.

Resideo Technologies (NYSE:REZI – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.47 by $0.36. The firm had revenue of $1.98 billion during the quarter, compared to analysts’ expectations of $1.94 billion. Resideo Technologies had a return on equity of 17.79% and a net margin of 5.37%.The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.66 earnings per share. As a group, sell-side analysts expect that Resideo Technologies, Inc. will post 2.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Joshua Peter Foster acquired 15,317 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were bought at an average price of $20.58 per share, for a total transaction of $315,223.86. Following the purchase, the senior vice president directly owned 183,509 shares in the company, valued at approximately $3,776,615.22. This trade represents a 9.11% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Thomas A. Surran acquired 15,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was bought at an average cost of $20.46 per share, with a total value of $306,900.00. Following the acquisition, the chief executive officer owned 338,573 shares in the company, valued at $6,927,203.58. The trade was a 4.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on REZI. Oppenheimer reaffirmed an “outperform” rating on shares of Resideo Technologies in a research note on Thursday. Weiss Ratings raised shares of Resideo Technologies from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday. Seaport Research Partners started coverage on shares of Resideo Technologies in a report on Wednesday, July 1st. They set a “buy” rating and a $55.00 target price for the company. Zacks Research cut shares of Resideo Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th. Finally, Morgan Stanley decreased their target price on shares of Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Resideo Technologies has a consensus rating of “Hold” and an average price target of $41.00.

Read Our Latest Report on Resideo Technologies

Resideo Technologies Profile

(Free Report)

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.