On December 31, 2024, Boston Partners (Trades, Portfolio) executed a significant transaction involving Resideo Technologies Inc (REZI, Financial). The firm added 1,711,148 shares to its holdings, increasing its total position in the company to 9,542,325 shares. This move highlights Boston Partners (Trades, Portfolio)' strategic interest in Resideo Technologies, reflecting confidence in the company's potential for growth and value creation. The transaction was completed at a price of $23.05 per share, impacting 0.05% of Boston Partners (Trades, Portfolio)' portfolio. This acquisition now positions Resideo Technologies Inc at 0.26% of the firm's portfolio, with Boston Partners (Trades, Portfolio) holding 6.49% of the company's total shares.
Boston Partners (Trades, Portfolio): A Leader in Value Investing
Boston Partners (Trades, Portfolio) is a privately owned investment manager and a part of the Robeco Group, largely owned by ORIX Corporation. Founded in 1995, the firm manages approximately $75 billion in client assets, focusing on value equities through bottom-up fundamental research and quantitative analysis. The firm employs 136 people, with 42 investment professionals, and operates under a flat management structure that empowers analysts and portfolio managers. Boston Partners (Trades, Portfolio)' core offerings include value equities, with a strong emphasis on valuation, fundamentals, and momentum. The firm is known for its disciplined investment approach and has a diverse portfolio, including top holdings such as Alphabet Inc (GOOGL, Financial) and JPMorgan Chase & Co (JPM, Financial).
Resideo Technologies Inc: A Profile
Resideo Technologies Inc, based in the USA, is a manufacturer and developer of technology-driven products for comfort, energy management, and safety solutions. The company operates through two segments: Products and Solutions, and ADI Global Distribution. With a market capitalization of $3.22 billion, Resideo Technologies is a significant player in the industrial distribution sector. The company's stock is currently priced at $21.89, with a PE ratio of 19.72, and is considered fairly valued with a GF Value of $21.54. Resideo Technologies has a GF Score of 85/100, indicating good outperformance potential, and a balance sheet rank of 6/10.
Financial Metrics and Growth Indicators
Resideo Technologies Inc has demonstrated a 3-year revenue growth of 1.70% and an EBITDA growth of 17.60%. Despite a year-to-date price decline of 3.91%, the stock's operating margin growth is strong at 23.50%. The company's Profitability Rank is 7/10, and it has a Growth Rank of 7/10. Resideo Technologies' interest coverage is 8.14, reflecting its ability to meet financial obligations. The Altman Z score of 1.69 suggests moderate financial health, while the Piotroski F-Score of 6 indicates a stable financial position.
Notable Investors and Market Interest
Resideo Technologies Inc has attracted interest from several notable investors. Ariel Investment, LLC holds the largest share percentage in the company, while other prominent investors include Richard Pzena (Trades, Portfolio), HOTCHKIS & WILEY, and Ken Fisher (Trades, Portfolio). This broad interest among value investors underscores the potential seen in Resideo Technologies' business model and market position.
Transaction Analysis and Impact
The recent acquisition by Boston Partners (Trades, Portfolio) reflects a strategic decision to increase its stake in Resideo Technologies Inc, indicating confidence in the company's future prospects. The transaction, while impacting a small portion of Boston Partners (Trades, Portfolio)' portfolio, enhances the firm's position in the industrial distribution sector. Resideo Technologies' current valuation and growth indicators suggest potential for long-term value creation, aligning with Boston Partners (Trades, Portfolio)' investment philosophy. As the company continues to innovate and expand its market presence, the increased investment by Boston Partners (Trades, Portfolio) could prove beneficial for both the firm and its clients.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
Also check out:
