Keybank National Association OH grew its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 12.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,077 shares of the communications equipment provider’s stock after purchasing an additional 685 shares during the period. Keybank National Association OH’s holdings in Motorola Solutions were worth $2,555,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also made changes to their positions in the stock. Signature Resources Capital Management LLC acquired a new position in Motorola Solutions in the second quarter valued at approximately $25,000. Saudi Central Bank acquired a new position in Motorola Solutions in the first quarter valued at approximately $29,000. Whipplewood Advisors LLC lifted its holdings in Motorola Solutions by 289.5% in the second quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock valued at $31,000 after acquiring an additional 55 shares during the last quarter. Rossby Financial LCC lifted its holdings in Motorola Solutions by 148.6% in the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after acquiring an additional 52 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its holdings in Motorola Solutions by 3,300.0% in the first quarter. Cape Investment Advisory Inc. now owns 102 shares of the communications equipment provider’s stock valued at $45,000 after acquiring an additional 99 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, SVP Rajan Naik sold 8,014 shares of the company’s stock in a transaction on 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 sale, the senior vice president owned 10,244 shares of the company’s stock, valued at approximately $4,860,265.80. This represents a 43.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory Q. Brown sold 50,000 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $483.50, for a total value of $24,175,000.00. Following the sale, the chief executive officer directly owned 46,936 shares in the company, valued at $22,693,556. This represents a 51.58% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 248,493 shares of company stock worth $116,848,278 over the last ninety days. Insiders own 1.44% of the company’s stock.
Motorola Solutions Stock Down 5.9%
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The communications equipment provider reported $4.06 EPS for the quarter, topping analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same period in the prior year, the firm earned $3.74 earnings per share. The firm’s revenue was up 7.8% compared to the same quarter last year. Motorola Solutions has set its Q4 2025 guidance at 4.300-4.360 EPS. FY 2025 guidance at 15.090-15.150 EPS. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were given a dividend of $0.0109 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. Motorola Solutions’s dividend payout ratio is currently 35.10%.
Analyst Ratings Changes
MSI has been the topic of a number of recent analyst reports. UBS Group upped their price objective on Motorola Solutions from $490.00 to $510.00 and gave the company a “buy” rating in a report on Friday, August 8th. Piper Sandler reiterated a “neutral” rating and issued a $465.00 price objective (down from $495.00) on shares of Motorola Solutions in a report on Friday. Wolfe Research initiated coverage on Motorola Solutions in a report on Monday, July 7th. They issued a “peer perform” rating on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Motorola Solutions in a report on Wednesday, October 8th. Finally, Barclays decreased their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research note on Friday. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus 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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