Greenwood Capital Associates LLC Raises Holdings in Motorola Solutions, Inc. $MSI

Key Points

• Greenwood Capital Associates LLC increased its stake in Motorola Solutions, Inc. by 102.9% during the second quarter, owning a total of 9,205 shares valued at approximately $3.87 million.
• Motorola Solutions reported earnings per share of $3.57 for the last quarter, exceeding analysts' expectations, with a year-over-year revenue increase of 5.2%.
• The company recently declared a quarterly dividend of $0.0109 per share, with an annualized yield of 0.0%, reflecting a payout ratio of 35.10%.

Greenwood Capital Associates LLC lifted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 102.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 9,205 shares of the communications equipment provider's stock after acquiring an additional 4,668 shares during the period. Greenwood Capital Associates LLC's holdings in Motorola Solutions were worth $3,870,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of MSI. Revolve Wealth Partners LLC purchased a new stake in shares of Motorola Solutions during the fourth quarter worth about $208,000. Merit Financial Group LLC boosted its position in Motorola Solutions by 48.0% in the first quarter. Merit Financial Group LLC now owns 5,037 shares of the communications equipment provider's stock valued at $2,205,000 after buying an additional 1,633 shares during the last quarter. Fulton Bank N.A. boosted its position in Motorola Solutions by 28.1% in the first quarter. Fulton Bank N.A. now owns 888 shares of the communications equipment provider's stock valued at $389,000 after buying an additional 195 shares during the last quarter. RFG Advisory LLC boosted its position in Motorola Solutions by 6.5% in the first quarter. RFG Advisory LLC now owns 708 shares of the communications equipment provider's stock valued at $310,000 after buying an additional 43 shares during the last quarter. Finally, Portside Wealth Group LLC purchased a new stake in Motorola Solutions in the first quarter valued at approximately $213,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Down 1.9%

Shares of NYSE:MSI opened at $448.13 on Friday. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The company has a market capitalization of $74.66 billion, a PE ratio of 36.08, a PEG ratio of 3.65 and a beta of 0.97. The business has a 50 day moving average of $461.79 and a two-hundred day moving average of $433.94. The company has a current ratio of 1.73, a quick ratio of 1.54 and a debt-to-equity ratio of 3.86.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results 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. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the company posted $3.24 earnings per share. Motorola Solutions's revenue for the quarter 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. As a group, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on MSI shares. UBS Group upped their target price on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Piper Sandler started coverage on Motorola Solutions in a research report on Tuesday, September 23rd. They issued a "neutral" rating and a $495.00 target price on the stock. Evercore ISI upped 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. Wolfe Research started coverage on Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating on the stock. Finally, Barclays dropped their target price on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Eight research 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 presently has an average rating of "Moderate Buy" and a consensus price target of $513.78.

Insider Buying and Selling

In other news, SVP James A. Niewiara sold 1,700 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $485.43, for a total transaction of $825,231.00. Following the completion of the transaction, the senior vice president directly owned 14,542 shares of the company's stock, valued at $7,059,123.06. This represents a 10.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gregory Q. Brown sold 82,765 shares of the company's 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. The trade was 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 sold 248,493 shares of company stock valued at $116,848,278. Insiders own 1.44% of the company's stock.

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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