Broadway Wealth Solutions Inc. Acquires New Position in Motorola Solutions, Inc. $MSI

Key Points

• Broadway Wealth Solutions Inc. has acquired a new stake in Motorola Solutions, purchasing 669 shares valued at approximately $281,000.
• Motorola Solutions has received positive ratings from various analysts, with target prices increased by firms like UBS Group and Evercore ISI, reflecting a "Moderate Buy" consensus rating.
• CEO Gregory Q. Brown sold 50,000 shares for a total of $24.2 million, indicating significant insider trading activity with a notable decrease in his position.

Broadway Wealth Solutions Inc. acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 669 shares of the communications equipment provider's stock, valued at approximately $281,000.

Several other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Motorola Solutions by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock valued at $9,413,403,000 after purchasing an additional 321,280 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Motorola Solutions by 2.0% during the 1st 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 acquiring an additional 66,766 shares during the period. Alliancebernstein L.P. lifted its stake 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 valued at $1,278,845,000 after acquiring an additional 47,368 shares during the period. Invesco Ltd. lifted its stake in Motorola Solutions by 2.6% during the 1st quarter. Invesco Ltd. now owns 2,043,914 shares of the communications equipment provider's stock valued at $894,846,000 after acquiring an additional 50,891 shares during the period. Finally, Northern Trust Corp lifted its stake in Motorola Solutions by 5.4% during the 1st quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider's stock valued at $862,245,000 after acquiring an additional 100,891 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. UBS Group upped their target price on shares of Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Evercore ISI upped their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Wolfe Research assumed coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating on the stock. Piper Sandler assumed coverage on shares of Motorola Solutions in a research note on Tuesday, September 23rd. They set a "neutral" rating and a $495.00 target price on the stock. Finally, Barclays lowered their target price on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a research note on Friday, August 8th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Motorola Solutions presently has an average rating of "Moderate Buy" and a consensus target price of $513.78.

Insider Activity

In other news, CEO Gregory Q. Brown sold 50,000 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $483.50, for a total transaction of $24,175,000.00. Following the sale, the chief executive officer directly owned 46,936 shares in the company, valued at $22,693,556. This trade represents a 51.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Rajan Naik sold 8,014 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $474.45, for a total transaction of $3,802,242.30. Following the sale, the senior vice president owned 10,244 shares in the company, valued at $4,860,265.80. The trade was a 43.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 248,493 shares of company stock valued at $116,848,278 over the last 90 days. Company insiders own 1.44% of the company's stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $457.70 on Wednesday. The firm's 50 day moving average price is $460.63 and its 200-day moving average price is $433.60. Motorola Solutions, Inc. has a twelve month low of $388.90 and a twelve month high of $507.82. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. The stock has a market capitalization of $76.25 billion, a PE ratio of 36.85, a price-to-earnings-growth ratio of 3.63 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data 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. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The firm had revenue of $2.77 billion for the quarter, compared to analysts' expectations of $2.74 billion. During the same quarter in the prior year, the business earned $3.24 EPS. The business's quarterly 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. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

The company 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 dividend of $0.0109 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Monday, September 15th. Motorola Solutions's dividend payout ratio (DPR) is presently 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.

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