Citigroup Boosts Stake in Resideo Technologies

Investment firm increases holdings in smart home tech company by 44%

Published on Mar. 2, 2026

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Citigroup Inc. has increased its stake in Resideo Technologies, Inc. (NYSE:REZI) by 44% in the third quarter, according to a recent SEC filing. The investment firm now owns 214,326 shares of the smart home technology company, worth approximately $9.26 million.

Why it matters

Resideo Technologies is a leading provider of home comfort, security, and energy management solutions, making it an attractive investment as the smart home market continues to grow. Citigroup's increased stake signals confidence in the company's long-term potential.

The details

According to the filing, Citigroup purchased an additional 65,449 shares of Resideo Technologies during the third quarter, bringing its total holdings to 214,326 shares. This represents about 0.14% of the company's outstanding stock. The investment firm cited Resideo's strong product portfolio and market position as factors behind the increased investment.

  • Citigroup increased its stake in Resideo Technologies during the third quarter of 2026.

The players

Resideo Technologies, Inc.

A global provider of home comfort, security, and energy management solutions, headquartered in Austin, Texas.

Citigroup Inc.

A multinational investment bank and financial services corporation headquartered in New York City.

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The takeaway

Citigroup's increased stake in Resideo Technologies reflects growing investor confidence in the smart home technology market and the company's ability to capitalize on this trend. As the smart home industry continues to evolve, Resideo's innovative products and market leadership position it well for future growth.