Cidel Asset Management Inc. Acquires New Stake in Motorola Solutions, Inc. $MSI

Cidel Asset Management Inc. acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 18,749 shares of the communications equipment provider’s stock, valued at approximately $7,883,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators lifted its position in Motorola Solutions by 5.4% in the 1st quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider’s stock valued at $206,000 after acquiring an additional 24 shares in the last quarter. IFC Advisors LLC lifted its position in Motorola Solutions by 0.6% during the 2nd quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock worth $1,700,000 after buying an additional 25 shares in the last quarter. Trust Point Inc. lifted its position in Motorola Solutions by 3.9% during the 2nd quarter. Trust Point Inc. now owns 692 shares of the communications equipment provider’s stock worth $291,000 after buying an additional 26 shares in the last quarter. Hemington Wealth Management lifted its position in Motorola Solutions by 17.1% during the 1st quarter. Hemington Wealth Management now owns 185 shares of the communications equipment provider’s stock worth $80,000 after buying an additional 27 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in Motorola Solutions by 2.7% during the 1st quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider’s stock worth $473,000 after buying an additional 28 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Gregory Q. Brown sold 82,765 shares of the company’s stock in a transaction dated 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 owned 57,836 shares in the company, valued at approximately $26,780,959.80. This represents a 58.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Rajan Naik sold 8,014 shares of the company’s 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 completion of the transaction, the senior vice president owned 10,244 shares in the company, valued at approximately $4,860,265.80. This trade represents a 43.89% decrease in their position. The disclosure for this sale can be found here. Insiders have 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 company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MSI. Wolfe Research began coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They set a “peer perform” rating on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Motorola Solutions in a research report on Wednesday, October 8th. Piper Sandler began coverage on shares of Motorola Solutions in a research report on Tuesday, September 23rd. They set a “neutral” rating and a $495.00 price target on the stock. Barclays cut their price target on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Finally, Evercore ISI boosted their price target on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Nine investment 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, Motorola Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $513.78.

Motorola Solutions Stock Up 1.9%

Motorola Solutions stock opened at $445.45 on Friday. The firm has a market capitalization of $74.21 billion, a PE ratio of 35.87, a P/E/G ratio of 3.56 and a beta of 0.97. The company’s 50-day moving average is $465.00 and its 200-day moving average is $435.73. Motorola Solutions, Inc. has a fifty-two week low of $388.90 and a fifty-two week high of $507.82. 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 (NYSE:MSI) last released its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.36 by $0.21. The company had revenue of $2.77 billion for 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%. Motorola Solutions’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the business 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. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were paid a dividend of $0.0109 per share. The ex-dividend date was Monday, September 15th. This represents a $0.04 annualized dividend 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.