Alpine Woods Capital Investors LLC lifted its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 10.7% during the second quarter, HoldingsChannel reports. The firm owned 12,211 shares of the communications equipment provider’s stock after purchasing an additional 1,178 shares during the period. Motorola Solutions accounts for about 1.2% of Alpine Woods Capital Investors LLC’s holdings, making the stock its 27th largest position. Alpine Woods Capital Investors LLC’s holdings in Motorola Solutions were worth $5,134,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Motorola Solutions by 9.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 13,592 shares of the communications equipment provider’s stock worth $5,715,000 after purchasing an additional 1,155 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of Motorola Solutions by 1.1% in the second quarter. Sequoia Financial Advisors LLC now owns 6,752 shares of the communications equipment provider’s stock worth $2,839,000 after purchasing an additional 71 shares during the last quarter. Vest Financial LLC grew its holdings in shares of Motorola Solutions by 26.9% in the second quarter. Vest Financial LLC now owns 4,490 shares of the communications equipment provider’s stock worth $1,888,000 after purchasing an additional 952 shares during the last quarter. OFI Invest Asset Management grew its holdings in shares of Motorola Solutions by 52.6% in the second quarter. OFI Invest Asset Management now owns 235 shares of the communications equipment provider’s stock worth $99,000 after purchasing an additional 81 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in shares of Motorola Solutions by 13.8% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 29,296 shares of the communications equipment provider’s stock worth $12,306,000 after purchasing an additional 3,560 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of research firms have recently commented on MSI. Weiss Ratings restated a “buy (b)” rating on shares of Motorola Solutions in a report on Wednesday, October 8th. Wolfe Research initiated coverage on shares of Motorola Solutions in a report on Monday, July 7th. They set a “peer perform” rating on the stock. Evercore ISI increased their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Piper Sandler initiated coverage on shares of Motorola Solutions in a report on Tuesday, September 23rd. They set a “neutral” rating and a $495.00 target price on the stock. Finally, Barclays dropped their target price on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and an average price target of $513.78.
Motorola Solutions Stock Performance
MSI stock opened at $456.01 on Tuesday. The firm has a market cap of $75.97 billion, a price-to-earnings ratio of 36.72, a PEG ratio of 3.65 and a beta of 0.97. The firm has a 50-day simple moving average of $464.91 and a two-hundred day simple moving average of $435.49. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73.
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, beating the consensus estimate of $3.36 by $0.21. The business had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The company’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the prior year, the firm posted $3.24 earnings per share. 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, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.
Motorola Solutions Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 15th will be given a dividend of $0.0109 per share. This represents a $0.04 annualized dividend 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 presently 35.10%.
Insider Activity
In related news, CEO Gregory Q. Brown sold 50,000 shares of the stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $483.50, for a total value of $24,175,000.00. Following the completion of the transaction, the chief executive officer directly owned 46,936 shares of the company’s stock, valued at $22,693,556. This trade represents a 51.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Rajan Naik sold 8,014 shares of the stock in a transaction that occurred on 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 completion of the transaction, the senior vice president directly owned 10,244 shares of the company’s stock, valued at $4,860,265.80. The trade was a 43.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 248,493 shares of company stock valued at $116,848,278. Corporate insiders own 1.44% of the company’s stock.
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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