Los Angeles Capital Management LLC cut its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 52.3% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 293,706 shares of the communications equipment provider’s stock after selling 321,501 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.18% of Motorola Solutions worth $123,492,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $208,000. D.A. Davidson & CO. lifted its stake in Motorola Solutions by 2.7% in the 1st quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider’s stock valued at $473,000 after purchasing an additional 28 shares during the last quarter. U.S. Capital Wealth Advisors LLC acquired a new stake in Motorola Solutions in the first quarter valued at approximately $242,000. Allworth Financial LP grew its stake in shares of Motorola Solutions by 7.1% during the first quarter. Allworth Financial LP now owns 1,545 shares of the communications equipment provider’s stock worth $662,000 after buying an additional 102 shares during the last quarter. Finally, Genus Capital Management Inc. increased its holdings in shares of Motorola Solutions by 209.6% during the first quarter. Genus Capital Management Inc. now owns 23,255 shares of the communications equipment provider’s stock worth $10,181,000 after buying an additional 44,476 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.
Wall Street Analyst Weigh In
MSI has been the topic of several recent research reports. Evercore ISI raised their price objective on Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Piper Sandler reissued a “neutral” rating and issued a $465.00 price objective (down from $495.00) on shares of Motorola Solutions in a research report on Friday, October 31st. Weiss Ratings reissued a “buy (b)” rating on shares of Motorola Solutions in a research note on Wednesday, October 8th. UBS Group raised their target price on Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Finally, Barclays lowered their target price on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $506.43.
Insider Activity at Motorola Solutions
In other Motorola Solutions news, SVP Rajan Naik sold 8,014 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total value of $3,802,242.30. Following the completion of the sale, the senior vice president directly owned 10,244 shares of the company’s stock, valued at $4,860,265.80. This trade represents a 43.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gregory Q. Brown sold 82,765 shares of the company’s stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $463.05, for a total value of $38,324,333.25. Following the transaction, the chief executive officer directly owned 57,836 shares in the company, valued at $26,780,959.80. This represents a 58.87% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 248,493 shares of company stock valued at $116,848,278 over the last quarter. 1.44% of the stock is currently owned by insiders.
Motorola Solutions Stock Performance
Shares of MSI opened at $391.44 on Friday. The stock has a 50 day moving average of $452.66 and a 200 day moving average of $436.49. The company has a market capitalization of $65.20 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 3.46 and a beta of 0.96. Motorola Solutions, Inc. has a 12 month low of $387.77 and a 12 month 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.
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 (EPS) for the quarter, beating the consensus estimate of $3.85 by $0.21. The firm had revenue of $3.01 billion during 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 business’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $3.74 EPS. 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, sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.
Motorola Solutions Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th were paid a $0.0109 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Monday, September 15th. Motorola Solutions’s payout ratio is presently 34.99%.
Motorola Solutions Profile
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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