Ascent Group LLC Buys 1,354 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Ascent Group LLC increased its stake in Motorola Solutions by 83.3%, owning $1.30 million worth of shares after acquiring an additional 1,354 shares in the first quarter.
• Analysts have set a new average price target of $516.13 for Motorola Solutions, with eight analysts giving it a "Buy" rating and two assigning a "Hold" rating.
• Motorola Solutions recently declared a quarterly dividend of $0.0109, reflecting a low annualized yield of 0.0%.

Ascent Group LLC increased its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 83.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,979 shares of the communications equipment provider's stock after buying an additional 1,354 shares during the quarter. Ascent Group LLC's holdings in Motorola Solutions were worth $1,304,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. ORG Wealth Partners LLC lifted its holdings in shares of Motorola Solutions by 346.2% in the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after buying an additional 45 shares during the period. Saudi Central Bank acquired a new stake in shares of Motorola Solutions during the first quarter worth $29,000. Community Bank N.A. acquired a new stake in shares of Motorola Solutions during the first quarter worth $32,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $34,000. Finally, Fort Vancouver Investment Management LLC acquired a new stake in shares of Motorola Solutions during the first quarter worth $37,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Down 1.7%

NYSE:MSI traded down $8.39 during trading hours on Friday, hitting $481.91. 793,131 shares of the company's stock traded hands, compared to its average volume of 881,179. The firm has a market cap of $80.29 billion, a P/E ratio of 38.80, a P/E/G ratio of 3.92 and a beta of 0.96. Motorola Solutions, Inc. has a twelve month low of $388.90 and a twelve month high of $507.82. 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 stock's fifty day moving average price is $448.80 and its two-hundred day moving average price is $429.79.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.36 by $0.21. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.Motorola Solutions's quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous 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. On average, research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Cuts Dividend

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

Insider Transactions at Motorola Solutions

In other Motorola Solutions news, COO John P. Molloy sold 37,514 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $462.38, for a total value of $17,345,723.32. Following the transaction, the chief operating officer directly owned 59,328 shares of the company's stock, valued at $27,432,080.64. This represents a 38.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory Q. Brown sold 82,765 shares of the company's stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $463.05, for a total value of $38,324,333.25. Following the completion of the transaction, the chief executive officer directly owned 57,836 shares in the company, valued at approximately $26,780,959.80. The trade was a 58.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 198,493 shares of company stock valued at $92,673,278. 1.44% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on MSI. Wolfe Research began coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Barclays cut their target price 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. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Finally, Evercore ISI boosted their target price 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 issued a Hold rating to the stock. According to data from MarketBeat.com, Motorola Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $516.13.

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.