Prosperity Consulting Group LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the 2nd quarter, Holdings Channel reports. The fund purchased 1,127 shares of the communications equipment provider’s stock, valued at approximately $474,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Signature Resources Capital Management LLC bought a new stake in Motorola Solutions during the second quarter worth about $25,000. Saudi Central Bank bought a new stake in shares of Motorola Solutions during the 1st quarter worth approximately $29,000. Whipplewood Advisors LLC raised its stake in shares of Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after purchasing an additional 55 shares in the last quarter. Rossby Financial LCC raised its stake in shares of Motorola Solutions by 148.6% during the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock worth $37,000 after purchasing an additional 52 shares in the last quarter. Finally, Cape Investment Advisory Inc. raised its stake in shares of Motorola Solutions by 3,300.0% during the 1st quarter. Cape Investment Advisory Inc. now owns 102 shares of the communications equipment provider’s stock worth $45,000 after purchasing an additional 99 shares in the last quarter. 84.17% of the stock is owned by institutional investors.
Insider Buying and Selling at Motorola Solutions
In related news, CEO Gregory Q. Brown sold 82,765 shares of the firm’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $463.05, for a total transaction of $38,324,333.25. Following the transaction, the chief executive officer directly owned 57,836 shares of the company’s stock, valued at approximately $26,780,959.80. This trade represents a 58.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Rajan Naik sold 8,014 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total transaction of $3,802,242.30. Following the transaction, the senior vice president directly owned 10,244 shares in the company, valued at approximately $4,860,265.80. This represents a 43.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 248,493 shares of company stock valued at $116,848,278 in the last three months. 1.44% of the stock is owned by insiders.
Motorola Solutions Stock Down 0.1%
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its earnings results on Thursday, October 30th. The communications equipment provider reported $4.06 earnings per share for the quarter, topping analysts’ consensus estimates of $3.85 by $0.21. The company had revenue of $3.01 billion for the quarter, compared to analyst estimates of $2.99 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.74 earnings per share. Motorola Solutions has set its Q4 2025 guidance at 4.300-4.360 EPS. FY 2025 guidance at 15.090-15.150 EPS. As a group, analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were given a dividend of $0.0109 per share. The ex-dividend date was Monday, September 15th. This represents a $0.04 annualized dividend and a yield of 0.0%. Motorola Solutions’s dividend payout ratio (DPR) is presently 34.99%.
Analyst Upgrades and Downgrades
Several research firms have issued reports on MSI. Barclays dropped their price target on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Motorola Solutions in a report on Wednesday, October 8th. Piper Sandler reaffirmed a “neutral” rating and issued a $465.00 target price (down from $495.00) on shares of Motorola Solutions in a report on Friday, October 31st. Evercore ISI upped their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, UBS Group upped their price objective on Motorola Solutions from $490.00 to $510.00 and gave the company a “buy” rating in a research note on Friday, August 8th. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $507.50.
Get Our Latest Analysis on Motorola Solutions
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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