TD Asset Management Inc lessened its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 12.9% in the second quarter, Holdings Channel.com reports. The institutional investor owned 842,311 shares of the communications equipment provider’s stock after selling 124,852 shares during the quarter. TD Asset Management Inc’s holdings in Motorola Solutions were worth $354,158,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of MSI. Nuveen LLC purchased a new position in Motorola Solutions in the 1st quarter worth approximately $650,426,000. Vanguard Group Inc. boosted its stake 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 purchasing an additional 321,280 shares in the last quarter. Hsbc Holdings PLC boosted its stake in shares of Motorola Solutions by 49.1% in the 1st quarter. Hsbc Holdings PLC now owns 746,011 shares of the communications equipment provider’s stock valued at $325,558,000 after purchasing an additional 245,739 shares in the last quarter. Congress Asset Management Co. purchased a new stake in shares of Motorola Solutions in the 2nd quarter valued at $87,162,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of 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 purchasing an additional 187,400 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.
Insider Activity at Motorola Solutions
In other news, 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 completion of the sale, the chief operating officer directly owned 59,328 shares of the company’s stock, valued at approximately $27,432,080.64. This trade represents a 38.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Rajan Naik sold 8,014 shares of the firm’s stock in a transaction dated 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 completion of the sale, the senior vice president directly 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 248,493 shares of company stock valued at $116,848,278. 1.44% of the stock is currently owned by company insiders.
Motorola Solutions Trading Down 0.1%
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.36 by $0.21. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The business had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the prior year, the company posted $3.24 EPS. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. 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, research analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.
Motorola Solutions Cuts Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a $0.0109 dividend. 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 (DPR) is currently 35.10%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on MSI. Barclays cut their price objective on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Motorola Solutions in a research note on Wednesday, October 8th. Wolfe Research began coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They issued a “peer perform” rating for the company. Piper Sandler began coverage on shares of Motorola Solutions in a research note on Tuesday, September 23rd. They issued a “neutral” rating and a $495.00 price objective for the company. Finally, Evercore ISI upped their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Nine investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $513.78.
View Our Latest Stock Report 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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