18,877 Motorola Solutions, Inc. $MSI Shares Purchased by Turtle Creek Wealth Advisors LLC

Key Points

• Turtle Creek Wealth Advisors increased its Motorola Solutions stake by 18,877 shares, or 3,172.6%, during the third quarter, bringing its holdings to 19,472 shares valued at approximately $8.68 million. Institutional investors collectively own 84.17% of MSI.
• Motorola Solutions reported quarterly revenue of $3.13 billion and adjusted earnings of $4.41 per share, exceeding analyst expectations, while revenue grew 13.3% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $530.10.
• MSI shares recently traded at $457.22, up 1.2%, and the company declared a quarterly dividend of $1.21 per share, equivalent to an annualized $4.84 payout and a 1.1% yield.

Turtle Creek Wealth Advisors LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 3,172.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,472 shares of the communications equipment provider's stock after acquiring an additional 18,877 shares during the quarter. Turtle Creek Wealth Advisors LLC's holdings in Motorola Solutions were worth $8,684,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Triangle Securities Wealth Management bought a new stake in shares of Motorola Solutions during the 3rd quarter worth about $449,000. Mather Group LLC. lifted its position in shares of Motorola Solutions by 2.1% during the 3rd quarter. Mather Group LLC. now owns 2,166 shares of the communications equipment provider's stock valued at $966,000 after acquiring an additional 45 shares during the period. Fortitude Family Office LLC grew its stake in Motorola Solutions by 36.8% during the third quarter. Fortitude Family Office LLC now owns 253 shares of the communications equipment provider's stock worth $113,000 after buying an additional 68 shares in the last quarter. Sanders Morris Harris LLC acquired a new position in Motorola Solutions during the third quarter valued at approximately $2,113,000. Finally, Lodestone Wealth Management LLC increased its stake in shares of Motorola Solutions by 53.7% in the 3rd quarter. Lodestone Wealth Management LLC now owns 83 shares of the communications equipment provider's stock valued at $37,000 after purchasing an additional 29 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Trading Up 1.2%

Shares of MSI traded up $5.49 during trading hours on Thursday, hitting $457.22. 311,397 shares of the stock were exchanged, compared to its average volume of 1,049,039. The firm has a market capitalization of $75.67 billion, a P/E ratio of 36.01, a price-to-earnings-growth ratio of 2.68 and a beta of 0.88. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.10 and a quick ratio of 0.86. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $494.85. The business has a 50-day moving average of $464.57 and a 200-day moving average of $435.37.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, topping the consensus estimate of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. During the same quarter last year, the firm posted $3.57 EPS. The company's quarterly revenue was up 13.3% on a year-over-year basis. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. On average, research analysts expect that Motorola Solutions, Inc. will post 15.87 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 16th will be issued a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 16th. Motorola Solutions's dividend payout ratio (DPR) is 38.11%.

Insider Buying and Selling at Motorola Solutions

In related news, CEO Gregory Q. Brown sold 14,220 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the completion of the sale, the chief executive officer owned 66,648 shares in the company, valued at approximately $32,338,942.56. This trade represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Kathryn Moore sold 1,004 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $476.96, for a total transaction of $478,867.84. Following the transaction, the senior vice president directly owned 1,282 shares of the company's stock, valued at $611,462.72. This represents a 43.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.28% of the company's stock.

Analyst Ratings Changes

MSI has been the subject of several research analyst reports. Piper Sandler boosted their target price on Motorola Solutions from $530.00 to $531.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 22nd. Evercore upped their price target on shares of Motorola Solutions from $525.00 to $550.00 in a report on Thursday, October 8th. Raymond James Financial increased their target price on Motorola Solutions from $530.00 to $550.00 in a research report on Thursday, August 6th. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $525.00 to $545.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Finally, UBS Group upped their price target on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $530.10.

Motorola Solutions Profile

Motorola Solutions, Inc is a technology company that provides communications, command center, video security and analytical solutions for public safety and commercial organizations. Its offerings are designed to help government agencies, first responders, enterprises and other organizations coordinate operations, manage incidents and improve security.

The company's products and services include land mobile radio communications, broadband and software-based communications, computer-aided dispatch and records-management systems, video security and access-control technologies, and command center software.

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