Concentric Capital Strategies LP Invests $1.37 Million in Motorola Solutions, Inc. $MSI

Key Points

• Concentric Capital Strategies LP has acquired a new stake in Motorola Solutions, purchasing 3,136 shares valued at approximately $1.37 million.
• Motorola Solutions reported Q2 earnings of $3.57 EPS, exceeding estimates, with revenue reaching $2.77 billion and a year-over-year growth of 5.2%.
• The company has declared a quarterly dividend of $0.0109 per share, reflecting a low yield of 0.0%.

Concentric Capital Strategies LP purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,136 shares of the communications equipment provider's stock, valued at approximately $1,373,000.

Several other hedge funds have also added to or reduced their stakes in the business. Belmont Capital LLC bought a new position in Motorola Solutions during the 1st quarter worth $1,355,000. Alliancebernstein L.P. increased its position in Motorola Solutions by 1.6% during the 1st quarter. Alliancebernstein L.P. now owns 2,921,004 shares of the communications equipment provider's stock worth $1,278,845,000 after buying an additional 47,368 shares during the period. AQR Capital Management LLC increased its position in Motorola Solutions by 57.0% during the 1st quarter. AQR Capital Management LLC now owns 348,852 shares of the communications equipment provider's stock worth $151,765,000 after buying an additional 126,640 shares during the period. Alyeska Investment Group L.P. bought a new position in Motorola Solutions during the 1st quarter worth $8,191,000. Finally, Ancora Advisors LLC increased its position in Motorola Solutions by 6.3% during the 1st quarter. Ancora Advisors LLC now owns 6,671 shares of the communications equipment provider's stock worth $2,921,000 after buying an additional 394 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Rajan Naik sold 8,014 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total value of $3,802,242.30. Following the transaction, the senior vice president directly owned 10,244 shares of the company's stock, valued at approximately $4,860,265.80. The trade was a 43.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO John P. Molloy sold 37,514 shares of the business's stock in a transaction that occurred on 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 directly owned 59,328 shares in the company, valued at approximately $27,432,080.64. This trade represents a 38.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 170,893 shares of company stock worth $79,372,103 over the last ninety days. Insiders own 1.44% of the company's stock.

Motorola Solutions Trading Down 0.1%

Shares of NYSE:MSI traded down $0.56 during midday trading on Monday, hitting $478.43. 923,268 shares of the stock were exchanged, compared to its average volume of 916,903. The stock has a market capitalization of $79.71 billion, a price-to-earnings ratio of 38.52, a P/E/G ratio of 3.83 and a beta of 0.96. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. The business's 50-day moving average price is $442.88 and its 200 day moving average price is $427.81. Motorola Solutions, Inc. has a 12 month low of $388.90 and a 12 month high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, beating the consensus estimate of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The business had revenue of $2.77 billion for the quarter, compared to analysts' expectations of $2.74 billion. During the same period in the prior year, the business posted $3.24 earnings per share. The firm's revenue was up 5.2% on a year-over-year basis. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be issued a $0.0109 dividend. The ex-dividend date is Monday, September 15th. This represents a $0.04 annualized dividend and a yield of 0.0%. Motorola Solutions's dividend payout ratio is presently 35.10%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Barclays decreased their price target on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Wolfe Research assumed coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating on the stock. Finally, UBS Group raised their price target on Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $516.13.

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.