Motorola Solutions, Inc. $MSI Shares Sold by Corebridge Financial Inc.

Key Points

• Corebridge Financial Inc. has decreased its stake in Motorola Solutions by 4.0%, now owning 41,378 shares worth approximately $18.1 million.
• CEO Gregory Q. Brown sold 82,765 shares of Motorola, which reflects a significant 58.87% decrease in his position, valuing his remaining shares at about $26.8 million.
• Motorola Solutions reported earnings per share of $3.57 for the last quarter, exceeding estimates and showing a year-over-year revenue growth of 5.2%.

Corebridge Financial Inc. reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,378 shares of the communications equipment provider's stock after selling 1,702 shares during the quarter. Corebridge Financial Inc.'s holdings in Motorola Solutions were worth $18,116,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in MSI. ORG Wealth Partners LLC boosted 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 valued at $25,000 after purchasing an additional 45 shares during the period. Community Bank N.A. acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at about $32,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Motorola Solutions in the 4th quarter valued at about $34,000. Fort Vancouver Investment Management LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at about $37,000. Finally, Alpine Bank Wealth Management acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at about $40,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Barclays decreased their target price 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. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wolfe Research assumed coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating for the company. Finally, UBS Group increased their price objective on Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Nine equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $512.67.

Insider Buying and Selling

In other news, COO John P. Molloy sold 37,514 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $462.38, for a total transaction of $17,345,723.32. Following the completion of the transaction, the chief operating officer directly owned 59,328 shares of the company's stock, valued at approximately $27,432,080.64. This represents a 38.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Gregory Q. Brown sold 82,765 shares of the stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 57,836 shares of the company's stock, valued at approximately $26,780,959.80. This trade represents a 58.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 137,879 shares of company stock valued at $63,762,361. Company insiders own 1.44% of the company's stock.

Motorola Solutions Stock Performance

Motorola Solutions stock traded up $5.92 during mid-day trading on Thursday, reaching $470.33. 972,706 shares of the company were exchanged, compared to its average volume of 1,106,025. The firm has a market cap of $78.36 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 3.72 and a beta of 0.97. The firm's 50-day simple moving average is $435.53 and its two-hundred day simple moving average is $426.89. 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 134.30% and a net margin of 19.08%.The company's revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.24 EPS. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. Equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Cuts Dividend

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

About Motorola Solutions

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.