Earnings call transcript: Resideo Technologies Q1 2026: Strong Earnings Amid Stock Decline
Resideo Technologies reported strong Q1 2026 results, surpassing EPS and revenue forecasts, but its stock declined significantly in after-hours trading. The company's Q1 EPS was $0.65 on revenues of $1.91 billion, attributed to operational performance and growth in both its Products and Solutions and ADI Global Distribution segments. Despite positive financial outcomes, challenges from inflation, macroeconomic uncertainties, and supply chain issues persist, which the company plans to address through pricing actions and operational efficiencies.
Resideo Technologies: Transformation Efforts Drive A Recovery In 2H 2026 (Rating Upgrade)
Resideo Technologies is expected to see a recovery in the second half of 2026, driven by transformation initiatives, the integration of Snap One, and new product launches, leading to improved margins and EBITDA growth. Despite current negative free cash flow and macroeconomic risks, the company maintains strong liquidity and better leverage. With an attractive EV/EBITDA multiple compared to peers and projected EBITDA growth of 4-6%, REZI offers significant near-term upside, making it an appealing accumulation opportunity.
A Look at Resideo Technologies Inc (REZI) After 5.2% Decline -- GF Value $24.69 vs Price $26.79
Resideo Technologies Inc (REZI) shares recently declined by 5.2%, placing its current price at $26.79, which is 8.5% overvalued compared to its GF Value™ of $24.69. Despite being overvalued, REZI holds an above-average GF Score™ of 76/100, driven by a strong Momentum Rank of 10/10, though its Financial Strength is moderate at 5/10. Investors are advised to consider the risks of overvaluation despite the positive momentum, especially given the absence of insider trading activity in the last three months.
RESIDEO (REZI) CFO reports tax-withholding share disposition, holds 166,706 shares
Resideo Technologies (REZI) CFO Michael Carlet reported a routine tax-related share disposition where 1,944 shares were withheld to cover tax liabilities at $29.22 per share. Following this transaction, Carlet directly holds 166,706 shares of common stock. A previous Form 3 filing was also corrected, noting an understatement of 100 shares in his direct holdings.
Resideo Technologies Drops 5.1% Amid Sector-Wide Selling
Resideo Technologies, Inc. (REZI) shares fell 5.1% on Tuesday during a broad selloff affecting industrial distribution companies. The stock closed at $26.81, with the decline attributed to sector-wide contagion rather than company-specific news. Investors are now watching for macroeconomic signals or management commentary to determine if this was a temporary dip or the start of a deeper pullback.
What Were the Key Takeaways from Resideo's J.P. Morgan Conference Presentation
Resideo Technologies (REZI) presented at the J.P. Morgan 54th Annual Global Technology, Media and Communications Conference, highlighting strong Q1 2026 earnings and reaffirming full-year guidance. A key focus was the planned spin-off of ADI Global Distribution into an independent public company by mid-July, aimed at unlocking shareholder value. Despite a slight dip in share price after the conference, the company's Products & Solutions segment showed robust growth and margin expansion, contributing to an optimistic outlook for the two future entities.
Number of shareholders of Resideo Technologies, Inc. – DUS:3RT
This article focuses on the number of shareholders for Resideo Technologies, Inc. (DUS:3RT) as listed on the Dusseldorf Stock Exchange. It appears to be a financial data page from TradingView, presenting a section for "Number of shareholders of Resideo Technologies, Inc." along with period, value, and change information. The content does not provide the actual shareholder numbers but indicates where this data would be displayed.
Resideo To Participate at Upcoming Investor Conferences
Resideo Technologies, Inc. announced its participation in three upcoming investor conferences. Michael Carlet, Resideo's Chief Financial Officer, will conduct fireside chats at the JP Morgan 2026 Global Technology, Media and Communications Conference, Baird's 2026 Global Consumer, Technology and Services Conference, and Wells Fargo's 16th Annual Industrials & Materials Conference. These fireside chats will be webcast live and available for replay on Resideo's Investor Relations page.
Resideo Technologies Q1 Earnings Call Highlights
Resideo Technologies (REZI) reported first-quarter 2026 results that surpassed its outlook, driven by strong execution in both its Products and Solutions and ADI Global Distribution businesses despite macroeconomic challenges. The company reaffirmed its full-year guidance, expecting year-over-year revenue growth for both segments. Additionally, Resideo provided an update on its planned business separation into two pure-play companies, with the spin-off anticipated between mid-Q3 and mid-Q4.
Resideo Announces Q1 Results; Revenues Up, Profits Up, But Its Stock Crashes 18%
Resideo Technologies reported Q1 2026 revenues that beat forecasts and adjusted earnings growth, yet its stock crashed nearly 18% after the announcement. The decline is attributed to lower-than-anticipated guidance for Q2, pressure on profit margins from rising freight and fuel costs, and softening demand in the high-end residential audio-visual market. The company plans to raise prices to offset costs, a move questioned by analysts given the slowing demand.
Where Resideo's CFO will speak with investors this May and June
Resideo (NYSE: REZI) announced that its Chief Financial Officer, Michael Carlet, will participate in three investor conferences during May and June 2026. He will engage in fireside chats at events hosted by J.P. Morgan, Baird, and Wells Fargo. All sessions will be webcast live and archived for 30 days on Resideo's investor relations website for those unable to attend.
Resideo To Participate at Upcoming Investor Conferences
Resideo Technologies, Inc. announced its participation in three upcoming investor conferences in May and June 2026. CFO Michael Carlet will hold fireside chats at the JP Morgan, Baird's, and Wells Fargo conferences. The fireside chats will be webcast live and available for replay on the company's Investor Relations website.
Resideo To Participate at Upcoming Investor Conferences
Resideo Technologies, Inc. (NYSE: REZI) announced its upcoming participation in three investor conferences in May and June 2026. Michael Carlet, Resideo's Chief Financial Officer, will conduct fireside chats at the JP Morgan Global Technology, Media and Communications Conference, Baird's Global Consumer, Technology and Services Conference, and Wells Fargo's Annual Industrials & Materials Conference. Webcasts of these events will be available live and for replay on Resideo's Investor Relations website.
Resideo Technologies Inc (REZI) Shares Fall 17.9% -- GF Value Says Still Overvalued
Resideo Technologies Inc (REZI) shares dropped 17.9% on May 13, 2026, closing at $30.11, and are considered "Modestly Overvalued" by GuruFocus's GF Value, despite a strong momentum rank. The stock is trading significantly above its intrinsic value estimate of $23.99, indicating potential risks for investors. While its forward P/E of 9.8x is lower than its historical median, concerns remain regarding its growth prospects and current valuation, with no insider trading activity reported in the last three months.
Q1 2026 Resideo Technologies Inc Earnings Call Transcript
Resideo Technologies Inc. (REZI) exceeded its Q1 2026 outlook with 8% revenue growth and 20% adjusted EBITDA growth year-over-year. The Products and Solutions segment saw a 9% revenue increase, driven by price and volume. Despite positive performance, the company noted a slight decline in gross margin due to higher fuel costs and a softening high-end residential audiovisual market, while reaffirming its 2026 outlook.
Resideo Technologies: Q1 Earnings Snapshot
Resideo Technologies Inc. (REZI) reported Q1 earnings of $38 million, or 17 cents per share, with adjusted earnings of 65 cents per share and revenue of $1.91 billion. The company anticipates Q2 earnings between 71 and 75 cents per share on revenue of $1.92 billion to $1.94 billion, and full-year earnings of $3 to $3.20 per share with revenue from $7.8 billion to $7.9 billion. This information was generated by Automated Insights using Zacks Investment Research data.
Full Transcript: Resideo Technologies Q1 2026 Earnings Call
Resideo Technologies exceeded Q1 2026 financial targets, with total net revenue growing 8% to $1.9 billion and adjusted EBITDA up 20% to $215 million, driven by strong performance in its Products and Solutions segment. The company plans price increases in Q2 to counter inflation and has reaffirmed its 2026 outlook, anticipating continued execution despite macroeconomic uncertainties. The separation of the ADI business is progressing, with a spinoff expected between Q3 and Q4 2026, aiming for two focused, financially flexible companies.
[8-K] RESIDEO TECHNOLOGIES, INC. Reports Material Event
Resideo Technologies, Inc. (REZI) announced strong preliminary results for the first quarter ended April 4, 2026, with net revenue up 8% year-over-year to $1.912 billion and Adjusted EBITDA increasing 28% to $215 million. The company reported GAAP diluted EPS of $0.17 and Adjusted EPS of $0.65, exceeding their outlook. While Products & Solutions showed strong growth, ADI Global Distribution's Adjusted EBITDA declined due to higher freight costs and mix pressure, and the company used $145 million in operating cash flow caused by business separation activities, higher cash interest, and working capital. Resideo reaffirmed its full-year 2026 outlook and provided Q2 2026 guidance as it moves toward the planned ADI spin-off later in 2026.
Resideo Announces First Quarter 2026 Financial Results
Resideo Technologies, Inc. announced strong first-quarter 2026 financial results, exceeding outlook ranges for revenue, Adjusted EBITDA, and Adjusted EPS. The company reported net revenue of $1.91 billion, up 8% year-over-year, and net income of $38 million. These results reflect strong operational execution across both its Products and Solutions and ADI Global Distribution segments, as the company progresses towards the planned spin-off of ADI later this year.
Resideo Technologies Q1 2026 earnings preview
This article is a preview of Resideo Technologies' Q1 2026 earnings. However, the provided content is empty, offering no details about the anticipated results or financial outlook. No further information can be extracted or summarized from the given input.
Scottsdale smart home firm files paperwork for public company spinoff
Resideo Technologies, a Scottsdale-based home automation company, is moving forward with its plans to spin off its ADI global distribution business into a new public company. This development comes over eight years after Resideo itself was spun out of Honeywell. The article indicates that Resideo is finalizing the separation of this segment.
Resideo Technologies Files Registration Statement for Planned ADI Spin-Off
Resideo Technologies has filed a confidential Form 10 registration statement with the SEC for the planned spin-off of its ADI Global Distribution business. The spin-off will create two independent, publicly traded companies: Products & Solutions and ADI. This move aims to enhance strategic focus, simplify operational and financial structures, and position each business for long-term growth.
Resideo Technologies, Inc. and ADI Global Distribution Announces Executive and Board Changes
Resideo Technologies, Inc. has announced significant executive and board changes for both ADI Global Distribution and Resideo itself, ahead of ADI's planned spin-off. Key appointments include new Chief Merchandising Officer, Chief Operating Officer, General Counsel, Chief Information Officer, and Chief Accounting Officer for ADI, along with the formation of ADI's independent board. Resideo also named new leadership roles and detailed changes to its own Board of Directors, including resignations and new appointments post-spin-off, and commenced a search for a new Chief Financial Officer.
Resideo Advances ADI Spin-Off With Leadership Plans Filed
Resideo Technologies is moving forward with the spin-off of its ADI Global Distribution business, announcing significant board and management changes as key individuals transition to lead the new standalone ADI entity. The company has filed ADI's Form 10 registration statement and expects to complete the spin-off between mid-third and mid-fourth quarter 2026. This separation aims to create two distinct, industry-focused companies with dedicated leadership and strategic paths.
Resideo files for ADI Global Distribution spinoff By Investing.com
Resideo Technologies Inc. has filed with the U.S. SEC for the planned spinoff of its ADI Global Distribution business, expected to be completed between mid-third quarter and mid-fourth quarter of 2026. The new company, ADI, will list on the NYSE under "ADIG" and will be led by Robert Aarnes as CEO and Michael Carlet as CFO. The separation is intended to be tax-free for Resideo and its stockholders.
Resideo Announces Filing of Form 10 Registration Statement for Planned Spin-Off of ADI Global Distribution
Resideo Technologies, Inc. has filed its Form 10 registration statement with the SEC for the planned spin-off of its ADI Global Distribution business. This filing includes details on leadership teams and boards for both Resideo and the new ADI entity, with the spin-off expected to be completed between mid-third quarter and mid-fourth quarter of 2026. Investor Days are scheduled for mid-July to provide further details on the go-forward business and value creation strategies for both companies.
Resideo Announces Filing of Form 10 Registration Statement for Planned Spin-Off of ADI Global Distribution
Resideo Technologies, Inc. has filed a Form 10 registration statement with the SEC for the planned spin-off of its ADI Global Distribution business. The company also announced the leadership teams and Boards of Directors for both Resideo and the new ADI entity, with the spin-off expected to be completed between mid-third quarter and mid-fourth quarter of 2026. Investor Days are scheduled for mid-July to provide further details on the future strategies of both companies.
Resideo (NYSE: REZI) outlines ADI spin-off, new debt plan and CEO transition
Resideo Technologies, Inc. (NYSE: REZI) has announced significant progress on the tax-free spin-off of its ADI Global Distribution business, including filing a Form 10 and scheduling completion between mid-third and mid-fourth quarter 2026. The plan involves ADI taking on approximately $1.0 billion in new funded debt to issue a $900 million cash dividend to Resideo. Additionally, the company has announced leadership changes, with Thomas Surran becoming Resideo's President and CEO post-separation, and details on the ADI leadership team and board have also been provided.
Resideo Technologies, Inc. has officially filed a Form 10 registration statement with the U.S. Securities and Exchange Commission regarding its planned spinoff of the Adi Global Distribution business.
Resideo Technologies, Inc. has officially filed a Form 10 registration statement with the U.S. Securities and Exchange Commission concerning its planned spin-off of the Adi Global Distribution business. This filing represents a crucial legal and regulatory step in the execution of the spin-off plan.
Resideo Technologies Inc expected to post earnings of 61 cents a share - Earnings Preview
Resideo Technologies Inc. (REZI) is projected to report earnings of 61 cents per share. This preview, sourced from Refinitiv, suggests market expectations for the company's upcoming financial disclosure.
Swedbank AB Acquires 1,287,162 Shares of Resideo Technologies, Inc. $REZI
Swedbank AB significantly increased its stake in Resideo Technologies, Inc. (NYSE:REZI) during the fourth quarter, purchasing an additional 1,287,162 shares to bring its total holding to 2,346,919 shares, valued at approximately $82.42 million. Resideo Technologies, a global provider of home comfort and security solutions, has seen mixed analyst sentiment, with a current MarketBeat consensus of "Hold" and an average target price of $39.67. The company's stock currently has a market cap of $6.23 billion and a negative PE ratio.
Resideo Technologies, Inc. Common Stock (NYSE:REZI) Stock Quote
This article provides a stock quote and related news for Resideo Technologies, Inc. (NYSE:REZI). It details current trading information such as price, volume, and ranges, along with recent performance metrics. The content also features a compilation of news headlines from various sources concerning REZI, covering topics from analyst opinions to quarterly earnings and insider activities.
Vanguard Group Inc. Has $514.51 Million Stock Position in Resideo Technologies, Inc. $REZI
Vanguard Group Inc. has slightly reduced its stake in Resideo Technologies (NYSE:REZI) by 1.8% in the fourth quarter, yet still holds 14,649,947 shares valued at approximately $514.51 million, representing about 9.79% of the company. Institutional investors, including significant increases from firms like Clayton Dubilier & Rice, now collectively own 91.71% of the stock. Analyst sentiment is divided, with Morgan Stanley assigning an "overweight" rating and a $50 price target, while the MarketBeat consensus is a "Hold" rating with an average target price of $39.67, close to its current share price of $39.42.
Resideo Technologies (REZI) Expected to Announce Earnings on Tuesday
Resideo Technologies (REZI) is scheduled to release its Q1 2026 earnings after market close on Tuesday, May 12th, with analysts forecasting earnings of $0.61 per share and revenue of $1.871 billion. The stock, currently trading near its 50- and 200-day moving averages, has experienced mixed analyst sentiment, with one firm raising its price target to $50 while others maintained "sell" or "outperform" ratings. Institutional investors and hedge funds have shown varied activity, with several increasing their holdings in the company during recent quarters.
Resideo Technologies, Inc. $REZI Shares Sold by Universal Beteiligungs und Servicegesellschaft mbH
Universal Beteiligungs und Servicegesellschaft mbH significantly reduced its stake in Resideo Technologies (REZI) by 74.3% in Q4, selling 62,329 shares. Conversely, Clayton Dubilier & Rice LLC dramatically increased its holdings by 130.3%, making it a major institutional owner. Despite mixed analyst ratings, with a consensus "Hold" and a target price near its current trading value, institutional ownership of REZI stands at a high 91.71%.
Understanding Momentum Shifts in (REZI)
This article analyzes Resideo Technologies (REZI) using AI models, suggesting a near-term neutral sentiment despite mid and long-term strength. It highlights a potential resistance test and an exceptional short setup for a 16.4% downside. The article also outlines specific position, momentum, and risk hedging strategies for traders.
Resideo Technologies, Inc. (NYSE:REZI) Receives Average Rating of "Hold" from Brokerages
Resideo Technologies, Inc. (NYSE:REZI) has received an average rating of "Hold" from five brokerage firms, with an average 12-month price target of $39.6667. Recent analyst reports include an "overweight" rating from Morgan Stanley with a price objective increase to $50.00, an "outperform" rating from Oppenheimer, and a "sell" rating from Weiss Ratings. Institutional investors hold a significant portion of the company's stock, with several hedge funds increasing their stakes in the first quarter.
A Look At Resideo Technologies (REZI) Valuation After Strong One Year Shareholder Returns
Resideo Technologies (REZI) has seen strong one-year shareholder returns of 138.0%, despite recent short-term trading volatility. The stock is currently trading at $39.94, which is an 8.4% discount to its most followed narrative's fair value of $49, indicating it may still be undervalued. Future strategic focus following the planned ADI segment separation and portfolio optimization is expected to enhance value, although execution risks and competition persist.
Vanguard Portfolio Management holds 7.58M Resideo shares (NYSE: REZI)
Vanguard Portfolio Management has reported beneficial ownership of 7,578,355 shares of Resideo Technologies Inc. common stock, which accounts for 5.01% of the company's class as of March 31, 2026. The Schedule 13G filing indicates Vanguard has sole voting power over 57,770 shares and sole dispositive power over all 7.58 million shares. This disclosure signifies a large passive institutional stake in Resideo.
RESIDEO TECHNOLOGIES, INC. ($REZI) CEO 2025 Pay Revealed
Jay Geldmacher, CEO of RESIDEO TECHNOLOGIES, INC. ($REZI), is estimated to have received $2,714,465 in compensation in 2025, a significant decrease from 2024. The article also details recent insider trading activity, with CHANNEL HOLDINGS II, L.P. CD&R and Andrew C Teich making purchases. Additionally, it highlights substantial government contract awards to REZI and summarizes recent hedge fund activity in the company's stock.
RESIDEO TECHNOLOGIES, INC. ($REZI) CEO 2025 Pay Revealed
Jay Geldmacher, CEO of RESIDEO TECHNOLOGIES, INC. ($REZI), is estimated to have received $2,714,465 in compensation in 2025, a significant decrease from $15,000,857 in 2024, based on a recent SEC filing. The article also details recent insider trading activity, government contracts awarded to REZI, and hedge fund movements in the company's stock.
[ARS] RESIDEO TECHNOLOGIES, INC. SEC Filing
This article reports on an ARS SEC filing by Resideo Technologies, Inc. (REZI) on April 22, 2026. The filing has a low impact and neutral sentiment, indicating routine disclosure. It mentions other recent news and SEC filings for REZI, as well as providing key stock data and rankings for the company.
Resideo To Release First Quarter 2026 Financial Results on May 12, 2026
Resideo Technologies, Inc. announced that it will release its first quarter 2026 financial results after the New York Stock Exchange closes on Tuesday, May 12, 2026. A webcast to discuss these results will be held on the same day at 5:00 p.m. EDT. Resideo is a leading global manufacturer and distributor of technology-driven sensing and controls products for residential and commercial markets.
Resideo Completes Acquisition of BTX Technologies
Resideo Technologies, a global provider of home comfort and security solutions, has acquired BTX Technologies, a distributor of professional audio, video, data communications, and broadcast equipment. This acquisition, which is Resideo's sixth for its distribution business since 2020, expands ADI Global Distribution's offerings in the Pro AV product category and strengthens its private brands portfolio. BTX Technologies will continue to serve customers across North America as part of Resideo’s ADI Global Distribution business.
Resideo To Release First Quarter 2026 Financial Results on May 12, 2026
Resideo Technologies, Inc. (REZI) will release its first quarter 2026 financial results after the close of the New York Stock Exchange on Tuesday, May 12, 2026. A webcast and conference call to discuss these results will take place on the same day at 5:00 p.m. EDT. The company is a global leader in technology-driven sensing and controls products for residential and commercial markets.
Resideo To Release First Quarter 2026 Financial Results on May 12, 2026
Resideo Technologies, Inc. (NYSE: REZI) announced it will release its first quarter 2026 financial results after the close of the New York Stock Exchange on Tuesday, May 12, 2026. A webcast to discuss these results will be held on the same day at 5:00 p.m. EDT. Resideo is a leading global manufacturer and distributor of technology-driven sensing and controls products for residential and commercial markets.
Resideo To Release First Quarter 2026 Financial Results on May 12, 2026
Resideo Technologies, Inc. (NYSE: REZI) announced it will release its first-quarter 2026 financial results after the New York Stock Exchange closes on May 12, 2026. A webcast and conference call to discuss these results will be held on the same day at 5:00 p.m. EDT. The company is a global leader in technology-driven sensing and control products for residential and commercial markets.
Massachusetts Financial Services Co. MA Takes $18.65 Million Position in Resideo Technologies, Inc. $REZI
Massachusetts Financial Services Co. MA has acquired a significant new stake of $18.65 million in Resideo Technologies (REZI) during the fourth quarter, representing about 0.35% ownership. This move comes as institutional investors now hold a substantial 91.71% of the company's stock. While Morgan Stanley raised its price target to $50 with an "overweight" rating, the consensus among analysts remains a "Hold" with a target price of $39.67.
Temporary ERP implementation issues weighed on Resideo Technologies (REZI) in Q4
This article reports on how temporary ERP implementation issues negatively impacted Resideo Technologies (REZI) during the fourth quarter. It would likely detail the financial implications and operational challenges faced by the company due to these issues. The article centers on the short-term difficulties arising from the ERP system rollout.
Temporary ERP implementation issues weighed on Resideo Technologies (REZI) in Q4
This article analyzes how temporary ERP implementation issues negatively impacted Resideo Technologies (REZI) in the fourth quarter. It would likely detail the nature of these issues and their specific effects on the company's financial performance or operations during that period.
