Secure Asset Management LLC Makes New $328,000 Investment in Motorola Solutions, Inc. $MSI

Key Points

• Secure Asset Management LLC has taken a new position in Motorola Solutions, acquiring 780 shares valued at approximately $328,000.
• Motorola Solutions reported $3.57 earnings per share for the last quarter, exceeding analyst estimates, with revenue up 5.2% year-over-year.
• The company has recently announced a reduction in its dividend, now paying $0.0109 per share, which represents an annual yield of 0.0%.

Secure Asset Management LLC bought a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 780 shares of the communications equipment provider's stock, valued at approximately $328,000.

A number of other institutional investors also recently bought and sold shares of MSI. Vanguard Group Inc. lifted its position in shares of Motorola Solutions by 1.5% during the first quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock worth $9,413,403,000 after purchasing an additional 321,280 shares during 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 during 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 during 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 during 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 during the last quarter. 84.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MSI shares. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. UBS Group boosted their price target on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a report on Friday, August 8th. Wolfe Research began coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating for the company. Barclays cut their price objective on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. Finally, Evercore ISI boosted their price target on Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Motorola Solutions currently has an average rating of "Moderate Buy" and a consensus target price of $516.13.

Insiders Place Their Bets

In other news, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction on Friday, September 12th. The stock was sold at an average price of $483.50, for a total value of $24,175,000.00. Following the completion of the sale, the chief executive officer owned 46,936 shares of the company's stock, valued at $22,693,556. The trade was a 51.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP James A. Niewiara sold 1,700 shares of the business's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $485.43, for a total value of $825,231.00. Following the sale, the senior vice president directly owned 14,542 shares of the company's stock, valued at approximately $7,059,123.06. This trade represents a 10.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold 248,493 shares of company stock worth $116,848,278 in the last three months. Company insiders own 1.44% of the company's stock.

Motorola Solutions Price Performance

Motorola Solutions stock traded up $1.76 during mid-day trading on Friday, hitting $476.31. 1,676,624 shares of the company were exchanged, compared to its average volume of 853,146. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. The business's 50 day simple moving average is $454.65 and its two-hundred day simple moving average is $431.50. The company has a market capitalization of $79.36 billion, a P/E ratio of 38.35, a PEG ratio of 3.81 and a beta of 0.96. 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 released its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping the consensus estimate of $3.36 by $0.21. The company had revenue of $2.77 billion during 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%.Motorola Solutions's revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.24 earnings per share. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. Analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Cuts Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. 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.