Mutual of America Capital Management LLC cut its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 1.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 19,138 shares of the communications equipment provider’s stock after selling 294 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Motorola Solutions were worth $8,047,000 as of its most recent filing with the SEC.
Several other hedge funds also recently modified their holdings of MSI. Signature Resources Capital Management LLC acquired a new position in shares of Motorola Solutions during the 2nd quarter valued at $25,000. Saudi Central Bank acquired a new position in shares of Motorola Solutions during the 1st quarter valued at $29,000. Fort Vancouver Investment Management LLC acquired a new position in shares of Motorola Solutions during the 1st quarter valued at $37,000. Alpine Bank Wealth Management acquired a new position in shares of Motorola Solutions during the 1st quarter valued at $40,000. Finally, Meeder Asset Management Inc. increased its position in shares of Motorola Solutions by 47.1% during the 1st quarter. Meeder Asset Management Inc. now owns 103 shares of the communications equipment provider’s stock valued at $45,000 after purchasing an additional 33 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
MSI has been the topic of several research analyst reports. Barclays lowered their price target on Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of Motorola Solutions in a report on Wednesday, October 8th. Wolfe Research started coverage on Motorola Solutions in a report on Monday, July 7th. They issued a “peer perform” rating on the stock. UBS Group lifted their target price on Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Finally, Piper Sandler started coverage on Motorola Solutions in a report on Tuesday, September 23rd. They issued a “neutral” rating and a $495.00 target price on the stock. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $513.78.
Insiders Place Their Bets
In other news, CEO Gregory Q. Brown sold 82,765 shares of Motorola Solutions stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $463.05, for a total transaction of $38,324,333.25. Following the transaction, the chief executive officer owned 57,836 shares in the company, valued at approximately $26,780,959.80. The trade was a 58.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO John P. Molloy sold 37,514 shares of Motorola Solutions stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $462.38, for a total value of $17,345,723.32. Following the sale, the chief operating officer directly owned 59,328 shares of the company’s stock, valued at approximately $27,432,080.64. The trade was a 38.74% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 248,493 shares of company stock worth $116,848,278. 1.44% of the stock is owned by corporate insiders.
Motorola Solutions Stock Performance
Shares of MSI stock opened at $448.52 on Tuesday. Motorola Solutions, Inc. has a 1-year low of $388.90 and a 1-year high of $507.82. The company has a current ratio of 1.73, a quick ratio of 1.54 and a debt-to-equity ratio of 3.86. The company has a market capitalization of $74.73 billion, a price-to-earnings ratio of 36.11, a P/E/G ratio of 3.56 and a beta of 0.97. The stock’s fifty day simple moving average is $464.74 and its 200-day simple moving average is $436.06.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the previous year, the company posted $3.24 earnings per share. Motorola Solutions’s revenue for the quarter was up 5.2% compared to the same quarter last year. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.
Motorola Solutions Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were issued a dividend of $0.0109 per share. The ex-dividend date was Monday, September 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. Motorola Solutions’s payout ratio is currently 35.10%.
About Motorola Solutions
Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
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