Knights of Columbus Asset Advisors LLC trimmed its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 13.1% during the second quarter, Holdings Channel reports. The firm owned 12,184 shares of the communications equipment provider’s stock after selling 1,844 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Motorola Solutions were worth $5,123,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC bought a new stake in Motorola Solutions in the first quarter valued at $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 worth $9,413,403,000 after acquiring an additional 321,280 shares during the period. Vaughan Nelson Investment Management L.P. lifted its position in Motorola Solutions by 541.2% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 331,910 shares of the communications equipment provider’s stock valued at $145,312,000 after purchasing an additional 280,145 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Motorola Solutions by 49.1% during 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 during the period. Finally, Congress Asset Management Co. bought a new position in Motorola Solutions in the 2nd quarter worth about $87,162,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on MSI. Wolfe Research began coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a “peer perform” rating on the stock. Evercore ISI lifted 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. Piper Sandler started coverage on shares of Motorola Solutions in a research report on Tuesday, September 23rd. They issued a “neutral” rating and a $495.00 target price for the company. UBS Group boosted their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a research report on Friday, August 8th. Finally, Barclays lowered their price objective on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Nine equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $513.78.
Insider Activity at Motorola Solutions
In related news, CEO Gregory Q. Brown sold 82,765 shares of the stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $463.05, for a total transaction of $38,324,333.25. Following the completion of the sale, the chief executive officer directly owned 57,836 shares in the company, valued at approximately $26,780,959.80. This trade represents a 58.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO John P. Molloy sold 37,514 shares of the business’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 transaction, the chief operating officer owned 59,328 shares in the company, valued at $27,432,080.64. This trade represents a 38.74% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 248,493 shares of company stock valued at $116,848,278. 1.44% of the stock is owned by insiders.
Motorola Solutions Stock Up 1.2%
NYSE:MSI opened at $453.47 on Monday. Motorola Solutions, Inc. has a 1-year low of $388.90 and a 1-year high of $507.82. The firm has a market capitalization of $75.55 billion, a price-to-earnings ratio of 36.51, a PEG ratio of 3.62 and a beta of 0.97. The company has a current ratio of 1.73, a quick ratio of 1.54 and a debt-to-equity ratio of 3.86. The business’s fifty day moving average price is $462.30 and its 200 day moving average price is $434.32.
Motorola Solutions (NYSE:MSI – Get Free Report) last issued its earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.36 by $0.21. The company had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.
Motorola Solutions Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be issued a dividend of $0.0109 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Monday, September 15th. Motorola Solutions’s payout ratio is currently 35.10%.
Motorola Solutions Company Profile
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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