Cidel Asset Management Inc. Increases Stock Holdings in Motorola Solutions, Inc. $MSI

Key Points

• Cidel Asset Management increased its Motorola Solutions stake by 17.7% in the second quarter, adding 7,644 shares to own 50,865 shares valued at approximately $21.1 million. Institutional investors now hold 84.17% of the company.
• Motorola Solutions beat quarterly earnings expectations, reporting $4.41 EPS and $3.13 billion in revenue, with revenue up 13.3% year over year. The company also declared a $1.21 quarterly dividend, equivalent to a 1.0% annual yield.
• Wall Street maintains a favorable outlook, with a consensus “Moderate Buy” rating and a $519.44 price target versus the reported share price of $463.38. Several analysts raised targets to between $529 and $550, although CEO Gregory Q. Brown and another senior executive recently sold shares.

Cidel Asset Management Inc. raised its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 17.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,865 shares of the communications equipment provider's stock after acquiring an additional 7,644 shares during the quarter. Motorola Solutions makes up approximately 1.0% of Cidel Asset Management Inc.'s portfolio, making the stock its 29th biggest position. Cidel Asset Management Inc.'s holdings in Motorola Solutions were worth $21,124,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Motorola Solutions during the fourth quarter worth about $27,000. Whipplewood Advisors LLC grew its holdings in shares of Motorola Solutions by 1,966.7% in the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider's stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. Western Wealth Management LLC purchased a new stake in Motorola Solutions during the 1st quarter worth approximately $27,000. MidAtlantic Capital Management Inc. acquired a new stake in Motorola Solutions during the 4th quarter worth approximately $28,000. Finally, Physician Wealth Advisors Inc. lifted its holdings in Motorola Solutions by 540.0% during the 1st quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider's stock worth $28,000 after buying an additional 54 shares in the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

Shares of MSI opened at $463.38 on Wednesday. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $494.85. The firm's fifty day simple moving average is $447.17 and its 200-day simple moving average is $437.21. The firm has a market capitalization of $76.68 billion, a price-to-earnings ratio of 36.49, a PEG ratio of 2.80 and a beta of 0.88. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, topping analysts' consensus estimates of $3.85 by $0.56. The firm had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The company's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.57 earnings per share. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Equities analysts forecast that Motorola Solutions, Inc. will post 15.87 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 16th. Motorola Solutions's payout ratio is 38.11%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Barclays boosted their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Morgan Stanley reiterated an "overweight" rating and issued a $476.00 price objective on shares of Motorola Solutions in a research note on Thursday, August 6th. Piper Sandler lifted their target price on Motorola Solutions from $503.00 to $530.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Evercore reissued an "outperform" rating and set a $550.00 target price on shares of Motorola Solutions in a research note on Wednesday, August 26th. Finally, Zacks Research downgraded Motorola Solutions from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $519.44.

Insider Activity

In other news, CEO Gregory Q. Brown sold 14,220 shares of the company's stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the completion of the transaction, the chief executive officer directly owned 66,648 shares of the company's stock, valued at approximately $32,338,942.56. This represents a 17.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Kathryn Moore sold 1,004 shares of the firm's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the sale, the senior vice president directly owned 1,282 shares in the company, valued at $611,462.72. This trade represents a 43.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.28% of the company's stock.

Motorola Solutions Profile

Motorola Solutions, Inc develops mission-critical communications and technology solutions for public safety organizations, government agencies and commercial enterprises. Its offerings include land mobile radio systems, broadband communications, command-center software, computer-aided dispatch, records management, evidence management and emergency call-handling technologies.

The company also provides video security and access-control solutions, including body-worn cameras, in-car video systems, fixed video surveillance and related analytics.

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