First American Bank Has $1.83 Million Stock Holdings in Motorola Solutions, Inc. $MSI

Key Points

• First American Bank significantly increased its stake in Motorola Solutions by 237.3%, owning 4,345 shares valued at $1.83 million as of the end of the most recent reporting period.
• Motorola Solutions reported earnings per share (EPS) of $3.57 for the latest quarter, exceeding analyst expectations and showing a 5.2% year-over-year revenue growth.
• The company announced a quarterly dividend of $0.0109 per share, reflecting a low annualized dividend yield of 0.0%.

First American Bank lifted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 237.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,345 shares of the communications equipment provider's stock after acquiring an additional 3,057 shares during the period. First American Bank's holdings in Motorola Solutions were worth $1,827,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Motorola Solutions by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock worth $9,413,403,000 after purchasing an additional 321,280 shares during the last quarter. Raymond James Financial Inc. grew its position in Motorola Solutions by 2.0% in the 1st quarter. Raymond James Financial Inc. now owns 3,374,532 shares of the communications equipment provider's stock worth $1,477,404,000 after purchasing an additional 66,766 shares during the last quarter. Alliancebernstein L.P. grew its position in Motorola Solutions by 1.6% in the 1st quarter. Alliancebernstein L.P. now owns 2,921,004 shares of the communications equipment provider's stock worth $1,278,845,000 after purchasing an additional 47,368 shares during the last quarter. Invesco Ltd. grew its position in Motorola Solutions by 2.6% in the 1st quarter. Invesco Ltd. now owns 2,043,914 shares of the communications equipment provider's stock worth $894,846,000 after purchasing an additional 50,891 shares during the last quarter. Finally, Northern Trust Corp grew its position in Motorola Solutions by 5.4% in the 1st quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider's stock worth $862,245,000 after purchasing an additional 100,891 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Up 0.2%

Shares of NYSE MSI opened at $456.82 on Friday. The stock has a market cap of $76.11 billion, a PE ratio of 36.78, a PEG ratio of 3.65 and a beta of 0.96. The business has a fifty day moving average of $459.24 and a two-hundred day moving average of $432.91. Motorola Solutions, Inc. has a 52-week low of $388.90 and a 52-week 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 quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.36 by $0.21. The company had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The business's revenue was up 5.2% on a year-over-year basis. During the same period last year, the business 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. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Cuts Dividend

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

Insider Buying and Selling

In other Motorola Solutions news, SVP Rajan Naik sold 8,014 shares of Motorola Solutions stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total transaction of $3,802,242.30. Following the completion of the transaction, the senior vice president directly owned 10,244 shares of the company's stock, valued at approximately $4,860,265.80. This trade represents a 43.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory Q. Brown sold 82,765 shares of Motorola Solutions stock in a transaction on Thursday, August 14th. The shares were 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. The trade was a 58.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 248,493 shares of company stock valued at $116,848,278 in the last ninety days. Insiders own 1.44% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Evercore ISI raised their price target on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a research report 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. They set a "neutral" rating and a $495.00 price target on the stock. UBS Group lifted their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Finally, Barclays decreased their price target 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 assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $513.78.

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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