Resideo Technologies, Inc. (NYSE:REZI) Stock Position Increased by Principal Financial Group Inc.

Principal Financial Group Inc. boosted its position in shares of Resideo Technologies, Inc. (NYSE:REZI) by 3.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 742,628 shares of the company’s stock after buying an additional 22,353 shares during the quarter. Principal Financial Group Inc.’s holdings in Resideo Technologies were worth $14,957,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of REZI. Bank of New York Mellon Corp grew its stake in shares of Resideo Technologies by 1.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,312,932 shares of the company’s stock worth $25,681,000 after purchasing an additional 17,505 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Resideo Technologies by 25.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 31,515 shares of the company’s stock worth $616,000 after buying an additional 6,316 shares during the last quarter. Hantz Financial Services Inc. bought a new position in shares of Resideo Technologies in the second quarter valued at $387,000. Commonwealth Equity Services LLC lifted its position in shares of Resideo Technologies by 3.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 13,702 shares of the company’s stock valued at $268,000 after acquiring an additional 454 shares during the last quarter. Finally, nVerses Capital LLC boosted its stake in shares of Resideo Technologies by 1,166.7% during the 2nd quarter. nVerses Capital LLC now owns 3,800 shares of the company’s stock worth $74,000 after acquiring an additional 3,500 shares in the last quarter. 91.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Resideo Technologies news, insider Robert B. Aarnes sold 98,829 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $26.16, for a total transaction of $2,585,366.64. Following the sale, the insider now directly owns 458,928 shares of the company’s stock, valued at $12,005,556.48. The trade was a 17.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Resideo Technologies Stock Down 3.3 %

Shares of Resideo Technologies stock opened at $23.48 on Friday. Resideo Technologies, Inc. has a 12-month low of $16.36 and a 12-month high of $28.28. The firm has a market capitalization of $3.45 billion, a PE ratio of 21.15 and a beta of 2.17. The company has a quick ratio of 1.10, a current ratio of 1.82 and a debt-to-equity ratio of 0.69. The stock’s fifty day moving average is $24.40 and its 200-day moving average is $21.44.

Resideo Technologies Profile

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.