Resideo Technologies (NYSE:REZI) Raised to “Hold” at Zacks Research

Posted by Brenda Bartman on Oct 15th, 2026

Resideo Technologies (NYSE:REZI – Get Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday, Zacks reports.

A number of other equities analysts have also recently weighed in on REZI. Weiss Ratings raised Resideo Technologies from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 14th. Morgan Stanley dropped their target price on Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Monday, July 13th. JPMorgan Chase & Co. started coverage on Resideo Technologies in a research note on Friday, August 7th. They issued a “neutral” rating and a $30.00 target price for the company. Oppenheimer reiterated an “outperform” rating on shares of Resideo Technologies in a research report on Thursday, August 13th. Finally, Evercore began coverage on shares of Resideo Technologies in a research report on Monday, September 28th. They set an “outperform” rating and a $30.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Resideo Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $35.00.

Check Out Our Latest Analysis on Resideo Technologies

Resideo Technologies Stock Performance

NYSE REZI opened at $16.22 on Tuesday. Resideo Technologies has a 52-week low of $15.90 and a 52-week high of $45.29. The company has a fifty day moving average of $19.60 and a 200-day moving average of $28.87. The company has a market capitalization of $2.46 billion, a P/E ratio of 7.18 and a beta of 1.54. 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 results on Wednesday, August 12th. The company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.36. Resideo Technologies had a return on equity of 17.79% and a net margin of 5.37%. The business had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the business posted $0.66 earnings per share. The company’s revenue for the quarter was up 2.0% on a year-over-year basis. As a group, equities research analysts predict that Resideo Technologies will post 2.16 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Thomas A. Surran acquired 15,000 shares of Resideo Technologies stock in a transaction dated Friday, August 14th. The shares were purchased at an average cost of $20.46 per share, with a total value of $306,900.00. Following the completion of the purchase, the chief executive officer owned 338,573 shares of the company’s stock, valued at $6,927,203.58. This represents a 4.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Joshua Foster acquired 15,317 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was bought at an average price of $20.58 per share, for a total transaction of $315,223.86. Following the acquisition, the senior vice president owned 183,509 shares of the company’s stock, valued at approximately $3,776,615.22. This trade represents a 9.11% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 41,245 shares of company stock valued at $848,115 over the last three months. Insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Resideo Technologies

Institutional investors have recently bought and sold shares of the stock. Ancora Advisors LLC bought a new stake in Resideo Technologies in the 2nd quarter worth $13,546,000. J. Goldman & Co LP purchased a new position in shares of Resideo Technologies in the second quarter valued at about $17,983,000. Bank of America Corp DE purchased a new position in shares of Resideo Technologies in the second quarter valued at about $32,325,000. Hsbc Holdings PLC raised its stake in shares of Resideo Technologies by 659.0% during the first quarter. Hsbc Holdings PLC now owns 50,832 shares of the company’s stock valued at $1,706,000 after acquiring an additional 44,135 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Resideo Technologies during the first quarter valued at about $1,497,000. 91.71% of the stock is currently owned by hedge funds and other institutional investors.

About Resideo Technologies

(Get Free Report)

Resideo Technologies, Inc is a global provider of products and services for residential and commercial comfort, security, safety and energy management. The company develops and distributes connected home technologies, including thermostats, indoor air-quality products, water-leak detection systems, security controls, sensors and related accessories.

Resideo also operates ADI Global Distribution, a distributor of security, automation and low-voltage products serving professional installers and integrators.