Motorola Solutions, Inc. $MSI Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 5.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 428,057 shares of the communications equipment provider’s stock after acquiring an additional 20,572 shares during the quarter. PNC Financial Services Group Inc. owned 0.26% of Motorola Solutions worth $179,981,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in Motorola Solutions in the 1st quarter valued at about $650,426,000. Vanguard Group Inc. increased its holdings in shares of Motorola Solutions by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider’s stock valued at $9,413,403,000 after acquiring an additional 321,280 shares during the period. Hsbc Holdings PLC grew its holdings in shares of Motorola Solutions by 49.1% during the first quarter. Hsbc Holdings PLC now owns 746,011 shares of the communications equipment provider’s stock worth $325,558,000 after buying an additional 245,739 shares during the last quarter. Congress Asset Management Co. purchased a new position in shares of Motorola Solutions in the 2nd quarter valued at approximately $87,162,000. Finally, Goldman Sachs Group Inc. increased its stake in Motorola Solutions by 14.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,520,116 shares of the communications equipment provider’s stock valued at $665,522,000 after buying an additional 187,400 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Rajan Naik sold 8,014 shares of the firm’s 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 transaction, the senior vice president owned 10,244 shares in the company, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO John P. Molloy sold 37,514 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $462.38, for a total value of $17,345,723.32. Following the transaction, the chief operating officer directly owned 59,328 shares of the company’s stock, valued at $27,432,080.64. This represents a 38.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 165,728 shares of company stock valued at $78,523,945. Corporate insiders own 1.44% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on MSI shares. Evercore ISI increased their price objective on Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Piper Sandler reissued a “neutral” rating and issued a $465.00 price target (down from $495.00) on shares of Motorola Solutions in a report on Friday, October 31st. UBS Group lifted their target price on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Motorola Solutions in a research report on Wednesday, October 8th. Finally, Barclays lowered their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $506.43.

Get Our Latest Stock Analysis on MSI

Motorola Solutions Price Performance

Shares of MSI opened at $391.92 on Thursday. The firm has a market cap of $65.28 billion, a price-to-earnings ratio of 31.56, a PEG ratio of 3.46 and a beta of 0.97. Motorola Solutions, Inc. has a 52 week low of $387.77 and a 52 week high of $503.62. The stock has a 50 day moving average of $447.70 and a 200-day moving average of $435.88. 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:MSIGet Free Report) last posted its quarterly earnings results on Thursday, October 30th. The communications equipment provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.85 by $0.21. The business had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.99 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 7.8% on a year-over-year basis. During the same period in the previous year, the business 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, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 15th were given a $0.0109 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.04 annualized dividend and a yield of 0.0%. Motorola Solutions’s dividend payout ratio (DPR) is currently 34.99%.

Motorola Solutions Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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