Assetmark Inc. Sells 905 Shares of Motorola Solutions, Inc. $MSI

Assetmark Inc. trimmed its stake in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 2.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,097 shares of the communications equipment provider’s stock after selling 905 shares during the quarter. Assetmark Inc.’s holdings in Motorola Solutions were worth $14,336,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Motorola Solutions by 1.5% in the first 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. Raymond James Financial Inc. grew its stake in Motorola Solutions by 2.0% in the first quarter. Raymond James Financial Inc. now owns 3,374,532 shares of the communications equipment provider’s stock valued at $1,477,404,000 after purchasing an additional 66,766 shares in the last quarter. Alliancebernstein L.P. grew its stake in Motorola Solutions by 1.6% in the first quarter. Alliancebernstein L.P. now owns 2,921,004 shares of the communications equipment provider’s stock valued at $1,278,845,000 after purchasing an additional 47,368 shares in the last quarter. Invesco Ltd. grew its stake in Motorola Solutions by 2.6% in the first quarter. Invesco Ltd. now owns 2,043,914 shares of the communications equipment provider’s stock valued at $894,846,000 after purchasing an additional 50,891 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Motorola Solutions by 5.4% in the first quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider’s stock valued at $862,245,000 after purchasing an additional 100,891 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on MSI. Barclays decreased their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research note on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Motorola Solutions in a research report on Wednesday, October 8th. Piper Sandler reaffirmed a “neutral” rating and issued a $465.00 price objective (down from $495.00) on shares of Motorola Solutions in a research report on Friday. Wolfe Research began coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a “peer perform” rating for the company. Finally, Evercore ISI raised their price objective on Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a research report on Friday, August 29th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $507.50.

Read Our Latest Stock Analysis on MSI

Motorola Solutions Stock Performance

MSI opened at $406.61 on Friday. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The stock has a market cap of $67.74 billion, a price-to-earnings ratio of 32.74, a PEG ratio of 3.46 and a beta of 0.97. The business has a 50 day moving average of $459.91 and a 200-day moving average of $437.50. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86.

Motorola Solutions (NYSE:MSIGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The communications equipment provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.21. The business had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period last year, the firm 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. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 15th were issued a dividend of $0.0109 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Monday, September 15th. Motorola Solutions’s dividend payout ratio (DPR) is presently 35.10%.

Insider Transactions at Motorola Solutions

In related news, SVP Rajan Naik sold 8,014 shares of Motorola Solutions stock in a transaction that occurred 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 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 trade represents a 43.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO John P. Molloy sold 37,514 shares of Motorola Solutions stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $462.38, for a total value of $17,345,723.32. Following the sale, the chief operating officer directly owned 59,328 shares of the company’s stock, valued at approximately $27,432,080.64. The trade was a 38.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 Company 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.

Further Reading

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

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