Hennessy Advisors Inc. Invests $98,000 in Motorola Solutions, Inc. $MSI

Hennessy Advisors Inc. acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 233 shares of the communications equipment provider’s stock, valued at approximately $98,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Deseret Mutual Benefit Administrators increased its holdings in Motorola Solutions by 5.4% in the first quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider’s stock valued at $206,000 after purchasing an additional 24 shares during the period. Wesbanco Bank Inc. increased its holdings in Motorola Solutions by 2.0% in the first quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider’s stock valued at $576,000 after purchasing an additional 26 shares during the period. Trust Point Inc. increased its holdings in Motorola Solutions by 3.9% in the second quarter. Trust Point Inc. now owns 692 shares of the communications equipment provider’s stock valued at $291,000 after purchasing an additional 26 shares during the period. Hemington Wealth Management increased its holdings in Motorola Solutions by 17.1% in the first quarter. Hemington Wealth Management now owns 185 shares of the communications equipment provider’s stock valued at $80,000 after purchasing an additional 27 shares during the period. Finally, D.A. Davidson & CO. increased its holdings in Motorola Solutions by 2.7% in the first 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 period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Motorola Solutions

In other news, SVP Rajan Naik sold 8,014 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $474.45, for a total transaction of $3,802,242.30. Following the transaction, the senior vice president owned 10,244 shares of the company’s stock, valued at $4,860,265.80. This represents a 43.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP James A. Niewiara sold 1,700 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $485.43, for a total transaction of $825,231.00. Following the completion of the transaction, the senior vice president directly owned 14,542 shares in the company, valued at approximately $7,059,123.06. The trade was a 10.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold 248,493 shares of company stock worth $116,848,278 over the last quarter. Company insiders own 1.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on MSI. Barclays decreased their price objective on Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Piper Sandler initiated coverage on Motorola Solutions in a report on Tuesday, September 23rd. They set a “neutral” rating and a $495.00 price target for the company. UBS Group increased their price target on Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Evercore ISI increased their price target on Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Finally, Wolfe Research initiated coverage on Motorola Solutions in a report on Monday, July 7th. They set a “peer perform” rating for the company. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $513.78.

Motorola Solutions Price Performance

MSI stock opened at $453.47 on Monday. The stock has a market capitalization of $75.55 billion, a PE ratio of 36.51, a price-to-earnings-growth ratio of 3.62 and a beta of 0.97. The company’s 50-day moving average is $462.30 and its 200-day moving average is $434.32. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. Motorola Solutions, Inc. has a 1 year low of $388.90 and a 1 year high of $507.82.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.36 by $0.21. The company had revenue of $2.77 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The business’s revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.24 EPS. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a dividend of $0.0109 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Monday, September 15th. Motorola Solutions’s dividend payout ratio is 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.