Covea Finance Grows Stake in Motorola Solutions, Inc. $MSI

Key Points

• Covea Finance increased its stake in Motorola Solutions, Inc. by 21.5% during the second quarter, now holding 105,066 shares valued at approximately $44.2 million.
• CEO Gregory Q. Brown sold 50,000 shares of Motorola stock for $24.2 million, marking a significant decrease of 51.58% in his ownership of the company.
• Motorola Solutions reported a Q2 EPS of $3.57, beating estimates, with a revenue of $2.77 billion, reflecting a 5.2% increase from the same quarter last year.

Covea Finance lifted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 21.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 105,066 shares of the communications equipment provider's stock after buying an additional 18,621 shares during the period. Motorola Solutions makes up about 1.6% of Covea Finance's investment portfolio, making the stock its 20th biggest position. Covea Finance owned approximately 0.06% of Motorola Solutions worth $44,176,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of MSI. Revolve Wealth Partners LLC bought a new position in Motorola Solutions in the 4th quarter worth $208,000. Sunbelt Securities Inc. lifted its position in shares of Motorola Solutions by 22,400.0% in the fourth quarter. Sunbelt Securities Inc. now owns 675 shares of the communications equipment provider's stock valued at $313,000 after acquiring an additional 672 shares in the last quarter. GF Fund Management CO. LTD. bought a new stake in Motorola Solutions in the 4th quarter valued at $126,000. Ascent Group LLC increased its holdings in Motorola Solutions by 9.1% in the 4th quarter. Ascent Group LLC now owns 1,625 shares of the communications equipment provider's stock valued at $751,000 after acquiring an additional 136 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Motorola Solutions in the 4th quarter valued at $114,812,000. 84.17% of the stock is owned by institutional investors.

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 value of $24,175,000.00. Following the sale, the chief executive officer directly owned 46,936 shares in the company, valued at approximately $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 can be accessed through this link. 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 completion of 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 a total of 248,493 shares of company stock valued at $116,848,278 over the last quarter. Company insiders own 1.44% of the company's stock.

Motorola Solutions Stock Performance

NYSE:MSI opened at $472.00 on Tuesday. 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 fifty-two week low of $388.90 and a fifty-two week high of $507.82. The stock has a market capitalization of $78.64 billion, a P/E ratio of 38.00, a PEG ratio of 3.81 and a beta of 0.96. The company has a 50 day moving average price of $455.81 and a 200 day moving average price of $431.90.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, beating 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 company had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. During the same quarter last year, the company posted $3.24 EPS. The firm's revenue was up 5.2% compared to the same quarter last year. 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 forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

The firm also recently declared 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 (DPR) is currently 35.10%.

Analyst Ratings Changes

MSI has been the topic of several research reports. Barclays reduced their target price on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. UBS Group lifted their price target on Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Evercore ISI boosted their target price on Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Finally, Wolfe Research initiated coverage on Motorola Solutions in a report on Monday, July 7th. They issued a "peer perform" rating for the company. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $516.13.

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.

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