SCHEDULE: Fuller & Thaler Discloses 4.23% Stake in Resideo

Fuller & Thaler Asset Management, Inc. reported a 4.23% beneficial ownership stake in Resideo Technologies, Inc. common stock as of September 30, 2025.

Summary

• Fuller & Thaler Asset Management, Inc. filed an Amendment No. 2 to Schedule 13G regarding its ownership in Resideo Technologies, Inc.
• As of September 30, 2025, Fuller & Thaler beneficially owned 6,291,755.79 shares of Resideo Technologies, Inc. common stock.
• This represents 4.23% of the class of securities.
• Fuller & Thaler holds sole voting power over 6,196,824.79 shares and sole dispositive power over 6,291,755.79 shares.
• The filing indicates that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a routine Schedule 13G amendment disclosing a passive ownership stake. While the investor maintains a significant position, the percentage is now below 5%, which could be interpreted as a slight reduction in conviction, leading to a neutral-to-slightly-negative sentiment.

Positives

• A significant institutional investor, Fuller & Thaler Asset Management, Inc., maintains a substantial stake in Resideo Technologies, Inc., indicating continued interest.
• The filing confirms the investment is for passive purposes, not seeking to influence control, which can signal stability in the company's governance.

Negatives

• The reported beneficial ownership of 4.23% is below the 5% threshold, suggesting a reduction in the investor's stake from a previous filing, which could be interpreted as a slight decrease in conviction.

Risks

• No specific risks related to the company's operations or financial health are disclosed in this Schedule 13G filing, as it pertains solely to beneficial ownership.

Future Outlook

NA

Industry Context

This filing reflects a routine disclosure by an institutional investment manager regarding its passive stake in a publicly traded company. It does not provide specific industry context beyond the fact that Resideo Technologies, Inc. is a publicly traded entity.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's passive stake, which can offer some level of confidence or insight into institutional interest.

Key Dates

Recommendation

This filing is a routine disclosure of a passive ownership stake by an institutional investor. It does not contain information that would fundamentally alter the investment thesis for Resideo Technologies, Inc. The slight reduction below the 5% threshold for a 13G amendment is not a strong enough signal for a 'buy' or 'sell' recommendation, thus a 'hold' is appropriate as it indicates continued, albeit slightly reduced, institutional interest.

Keywords

Resideo Technologies, Fuller & Thaler Asset Management, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, 76118Y104