31,416 Shares in Resideo Technologies, Inc. $REZI Acquired by Freestone Grove Partners LP

Posted by Stanley Muller on Aug 30th, 2026

Freestone Grove Partners LP bought a new position in shares of 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 (SEC). The fund bought 31,416 shares of the company’s stock, valued at approximately $977,000.

A number of other institutional investors have also recently added to or reduced their stakes in REZI. Danske Bank A S boosted its stake in Resideo Technologies by 600.0% during the 4th quarter. Danske Bank A S now owns 700 shares of the company’s stock valued at $25,000 after purchasing an additional 600 shares in the last quarter. Larson Financial Group LLC raised its stake 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 buying an additional 420 shares in the last quarter. Allworth Financial LP bought a new stake in shares of Resideo Technologies in the 2nd quarter worth $28,000. McMillan Office Inc. bought a new stake in shares of Resideo Technologies in the 4th quarter worth $33,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Resideo Technologies in the fourth quarter valued at $34,000. 91.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Amit Ashvin Mehta bought 10,928 shares of Resideo Technologies stock in a transaction dated Monday, August 17th. The stock was acquired at an average cost of $20.68 per share, with a total value of $225,991.04. Following the completion of the acquisition, the senior vice president directly owned 57,362 shares in the company, valued at approximately $1,186,246.16. This trade represents a 23.53% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Joshua Peter Foster purchased 15,317 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average price of $20.58 per share, with a total value of $315,223.86. Following the transaction, the senior vice president directly owned 183,509 shares in the company, valued at $3,776,615.22. This trade represents a 9.11% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 41,245 shares of company stock valued at $848,115 over the last three months. Insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

REZI has been the subject of several research reports. Morgan Stanley decreased their target price on Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. JPMorgan Chase & Co. started coverage on shares of Resideo Technologies in a research report on Friday, August 7th. They issued a “neutral” rating and a $30.00 price target on the stock. Zacks Research downgraded shares of Resideo Technologies from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th. Oppenheimer restated an “outperform” rating on shares of Resideo Technologies in a research report on Thursday, August 13th. Finally, Seaport Research Partners began coverage on shares of Resideo Technologies in a research note on Wednesday, July 1st. They issued a “buy” rating and a $55.00 price objective on the stock. Two equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $41.00.

Get Our Latest Stock Report on REZI

Resideo Technologies Price Performance

NYSE REZI opened at $19.65 on Friday. Resideo Technologies, Inc. has a 1 year low of $18.96 and a 1 year high of $45.29. The business’s fifty day moving average is $29.21 and its two-hundred day moving average is $32.90. The stock has a market capitalization of $2.98 billion, a P/E ratio of 8.69 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.

Resideo Technologies (NYSE:REZI – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.36. The business had revenue of $1.98 billion during the quarter, compared to analyst estimates of $1.94 billion. Resideo Technologies had a return on equity of 17.79% and a net margin of 5.37%.The company’s revenue was up 2.0% compared to the same quarter last year. During the same period last year, the company posted $0.66 EPS. On average, research analysts forecast that Resideo Technologies, Inc. will post 2.5 earnings per share for the current fiscal year.

About Resideo Technologies

(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.

31,416 Shares in Resideo Technologies, Inc. $REZI Acquired by Freestone Grove Partners LP

Insider Activity

Wall Street Analysts Forecast Growth

Resideo Technologies Price Performance

About Resideo Technologies

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