Resideo Technologies CEO Thomas Surran purchased 15,000 shares at $20.46 per share on August 14, 2026, increasing his direct holdings to 338,573 shares valued at approximately $6.9 million. The insider purchase signals confidence in the company despite a 16.5% stock decline over the past 12 months, following the recent spin-off of ADI Global Distribution. Analysts remain bullish with 75% rating the stock a buy and a median price target of $30.65, suggesting potential 53% upside.

Resideo Technologies CEO Thomas Surran purchased 15,000 shares at $20.46 per share on August 14, 2026, increasing his direct holdings to 338,573 shares valued at approximately $6.9 million. The insider purchase signals confidence in the company despite a 16.5% stock decline over the past 12 months, following the recent spin-off of ADI Global Distribution. Analysts remain bullish with 75% rating the stock a buy and a median price target of $30.65, suggesting potential 53% upside.

Resideo Technologies stock plummeted 21.5% this week despite beating Wall Street's Q2 earnings and sales expectations. The stock decline was driven by disappointing forward guidance following the company's spin-off of ADI Global Distribution. While the company reported adjusted EPS of $0.83 (beating estimates by $0.15) and revenue of $1.98 billion, investors reacted negatively to the revised full-year outlook of $2.9-2.95 billion in sales and $605-625 million in adjusted EBITDA.

Alta Fox Capital Management established a new position in Resideo Technologies, purchasing 1,266,700 shares for approximately $44.49 million in Q4, representing 9.57% of the fund's AUM. Resideo's stock has surged 66.68% over the past year, driven by record margin expansion, with Q3 showing 680% year-over-year net income growth and record adjusted EBITDA of $229 million despite modest 2% revenue growth.

Permian Investment Partners initiated a new $41.7 million position in Resideo Technologies, a smart home solutions company, representing 4.7% of their portfolio. The stock has outperformed the S&P 500, rising 39% over the past year.

Resideo Technologies experienced a significant stock drop after reporting Q3 earnings that narrowly missed analyst expectations, with guidance for the year falling short of market predictions.

Honeywell's stock has been stuck in neutral, trading at a valuation similar to 2020 levels. The company plans to split into three independent companies, which could unlock the potential of its individual businesses and improve investor focus.

The IoT Breakthrough Awards program recognized the top companies and products driving innovation in the Internet-of-Things industry, including advancements in connected homes, industrial IoT, and smart city technologies.

ADT (ADT) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Arrow Electronics (ARW) partners with Resideo to help Habitat for Humanity create an innovative smart home community.

Resideo Technologies (REZI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.