Allstate Corp Purchases 2,549 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Allstate Corp increased its stake in Motorola Solutions by 59.8%, owning a total of 6,814 shares valued at approximately $2.98 million.
• Motorola Solutions reported earnings of $3.57 per share, exceeding analysts' expectations, with quarterly revenue of $2.77 billion, a 5.2% increase from the previous year.
• Insider trading activity included significant sales by CAO Katherine A. Maher and CEO Gregory Q. Brown, reducing their stock holdings by 57.17% and 42.26%, respectively.

Allstate Corp grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 59.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,814 shares of the communications equipment provider's stock after purchasing an additional 2,549 shares during the quarter. Allstate Corp's holdings in Motorola Solutions were worth $2,983,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. ORG Wealth Partners LLC raised its position in shares of Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after acquiring an additional 45 shares in the last quarter. Community Bank N.A. acquired a new position in shares of Motorola Solutions in the 1st quarter valued at $32,000. Fourth Dimension Wealth LLC acquired a new position in shares of Motorola Solutions in the fourth quarter valued at about $34,000. Fort Vancouver Investment Management LLC purchased a new stake in shares of Motorola Solutions in the 1st quarter valued at $37,000. Finally, Alpine Bank Wealth Management acquired a new stake in Motorola Solutions during the 1st quarter worth about $40,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on MSI. Wall Street Zen cut shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. UBS Group upped their price target on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Wolfe Research initiated coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating for the company. Finally, Barclays lowered their target price on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $512.67.

Insider Buying and Selling

In related news, CAO Katherine A. Maher sold 1,073 shares of Motorola Solutions stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer owned 804 shares in the company, valued at approximately $336,618.72. This trade represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory Q. Brown sold 17,600 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $459.79, for a total value of $8,092,304.00. Following the completion of the transaction, the chief executive officer owned 24,046 shares of the company's stock, valued at $11,056,110.34. This trade represents a 42.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 101,438 shares of company stock valued at $46,865,881. Insiders own 1.44% of the company's stock.

Motorola Solutions Stock Down 0.2%

MSI opened at $461.4440 on Friday. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82. The business's 50-day simple moving average is $430.96 and its 200-day simple moving average is $427.39. The stock has a market capitalization of $76.88 billion, a P/E ratio of 37.15, a price-to-earnings-growth ratio of 3.71 and a beta of 0.97.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its 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 business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The business's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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 anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions 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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