SummerHaven Investment Management LLC Acquires New Stake in Resideo Technologies, Inc. $REZI

Posted by Brenda Bartman on Oct 18th, 2026

SummerHaven Investment Management LLC bought a new stake in shares of Resideo Technologies, Inc. (NYSE:REZI – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 40,172 shares of the company’s stock, valued at approximately $809,000.

Other hedge funds have also made changes to their positions in the company. Arizona State Retirement System boosted its stake in shares of Resideo Technologies by 1.5% in the second quarter. Arizona State Retirement System now owns 37,560 shares of the company’s stock worth $1,168,000 after acquiring an additional 567 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Resideo Technologies during the second quarter worth approximately $28,000. GAMMA Investing LLC increased its position in shares of Resideo Technologies by 15.2% during the third quarter. GAMMA Investing LLC now owns 6,799 shares of the company’s stock worth $123,000 after purchasing an additional 896 shares in the last quarter. Lido Advisors LLC raised its stake in Resideo Technologies by 7.7% in the 1st quarter. Lido Advisors LLC now owns 15,375 shares of the company’s stock valued at $518,000 after purchasing an additional 1,104 shares during the last quarter. Finally, IFP Advisors Inc raised its stake in Resideo Technologies by 33.1% in the 2nd quarter. IFP Advisors Inc now owns 4,670 shares of the company’s stock valued at $145,000 after purchasing an additional 1,162 shares during the last quarter. Institutional investors and hedge funds own 91.71% of the company’s stock.

Insider Activity

In related news, SVP Joshua Foster purchased 15,317 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $20.58 per share, with a total value of $315,223.86. Following the completion of the acquisition, the senior vice president 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 purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Thomas Surran acquired 15,000 shares of Resideo Technologies stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $20.46 per share, for a total transaction of $306,900.00. Following the transaction, 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 position. The SEC filing for this purchase provides additional information. Insiders purchased 41,245 shares of company stock worth $848,115 over the last ninety days. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on REZI shares. Weiss Ratings upgraded Resideo Technologies from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 14th. Seaport Research Partners started coverage on shares of Resideo Technologies in a research note on Wednesday, July 1st. They set a “buy” rating and a $55.00 target price on the stock. Morgan Stanley dropped their target price on shares of Resideo Technologies from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Monday, July 13th. JPMorgan Chase & Co. assumed coverage on shares of Resideo Technologies in a report on Friday, August 7th. They set a “neutral” rating and a $30.00 target price for the company. Finally, Zacks Research upgraded shares of Resideo Technologies from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

Read Our Latest Stock Analysis on Resideo Technologies

Resideo Technologies Stock Down 0.6%

REZI stock opened at $16.48 on Friday. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 7.29 and a beta of 1.54. The company has a current ratio of 2.22, a quick ratio of 1.41 and a debt-to-equity ratio of 1.41. Resideo Technologies, Inc. has a 12 month low of $15.90 and a 12 month high of $45.29. The firm has a 50-day moving average of $19.22 and a two-hundred day moving average of $28.67.

Resideo Technologies (NYSE:REZI – Get Free Report) last released its earnings results on Wednesday, August 12th. The company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.36. The business had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.94 billion. Resideo Technologies had a net margin of 5.37% and a return on equity of 17.79%. The business’s revenue was up 2.0% on a year-over-year basis. During the same period last year, the company posted $0.66 EPS. As a group, analysts forecast that Resideo Technologies, Inc. will post 2.16 earnings per share for the current fiscal year.

Resideo Technologies Profile

(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.