State of New Jersey Common Pension Fund D Purchases 10,515 Shares of Resideo Technologies, Inc. (NYSE:REZI)

State of New Jersey Common Pension Fund D lifted its position in Resideo Technologies, Inc. (NYSE:REZI) by 12.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 97,282 shares of the company’s stock after acquiring an additional 10,515 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Resideo Technologies were worth $1,959,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in REZI. GAMMA Investing LLC lifted its holdings in Resideo Technologies by 50.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,592 shares of the company’s stock valued at $31,000 after purchasing an additional 531 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Resideo Technologies by 1,740.5% during the 3rd quarter. International Assets Investment Management LLC now owns 2,135 shares of the company’s stock valued at $43,000 after purchasing an additional 2,019 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Resideo Technologies by 55.0% during the third quarter. Blue Trust Inc. now owns 2,515 shares of the company’s stock worth $49,000 after buying an additional 892 shares in the last quarter. Quarry LP lifted its holdings in shares of Resideo Technologies by 79.7% during the second quarter. Quarry LP now owns 2,892 shares of the company’s stock worth $57,000 after buying an additional 1,283 shares in the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in shares of Resideo Technologies during the first quarter worth $70,000. 91.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Evercore ISI started coverage on Resideo Technologies in a research note on Friday, August 9th. They issued an “outperform” rating and a $25.00 price target for the company.

Resideo Technologies Price Performance

Resideo Technologies stock opened at $25.78 on Monday. The stock’s 50 day moving average is $20.57 and its 200 day moving average is $20.44. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.82 and a quick ratio of 1.10. The firm has a market cap of $3.79 billion, a P/E ratio of 23.23 and a beta of 2.09. Resideo Technologies, Inc. has a one year low of $16.05 and a one year high of $25.80.

About Resideo Technologies

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.