Harrell Investment Partners LLC Purchases 2,607 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Harrell Investment Partners LLC increased its stake in Motorola Solutions, Inc. by 10.3% in Q2, acquiring an additional 2,607 shares, now holding a total of 27,900 shares.
• Motorola Solutions reported $3.57 earnings per share for its latest quarter, surpassing estimates, with a revenue of $2.77 billion, reflecting a 5.2% year-over-year increase.
• Several major analysts have given Motorola Solutions a consensus rating of "Moderate Buy", with a target price averaging around $513.78.

Harrell Investment Partners LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 10.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,900 shares of the communications equipment provider's stock after purchasing an additional 2,607 shares during the period. Motorola Solutions comprises approximately 3.0% of Harrell Investment Partners LLC's holdings, making the stock its 6th largest position. Harrell Investment Partners LLC's holdings in Motorola Solutions were worth $11,731,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $208,000. 111 Capital acquired a new stake in Motorola Solutions in the fourth quarter valued at $1,469,000. Cullen Investment Group LTD. boosted its position in shares of Motorola Solutions by 7.4% during the 1st quarter. Cullen Investment Group LTD. now owns 23,460 shares of the communications equipment provider's stock worth $10,271,000 after purchasing an additional 1,618 shares in the last quarter. Insight Wealth Strategies LLC grew its stake in shares of Motorola Solutions by 1.4% during the 1st quarter. Insight Wealth Strategies LLC now owns 10,207 shares of the communications equipment provider's stock worth $4,469,000 after purchasing an additional 143 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Motorola Solutions by 43,787.3% in the 1st quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after purchasing an additional 1,081,984 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity

In other Motorola Solutions news, COO John P. Molloy sold 37,514 shares of the business's stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $462.38, for a total value of $17,345,723.32. Following the completion of the transaction, the chief operating officer directly owned 59,328 shares in the company, valued at approximately $27,432,080.64. The trade was a 38.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Rajan Naik sold 8,014 shares of the firm's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total value of $3,802,242.30. Following the sale, the senior vice president owned 10,244 shares in the company, valued at $4,860,265.80. This trade represents a 43.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 248,493 shares of company stock worth $116,848,278. Corporate insiders own 1.44% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Wolfe Research initiated coverage on shares of Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. UBS Group raised their price objective on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Barclays decreased 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. Finally, Piper Sandler started coverage on Motorola Solutions in a research report on Tuesday. They issued a "neutral" rating and a $495.00 price target for the company. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $513.78.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $455.44 on Thursday. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. The business's fifty day moving average price is $457.82 and its two-hundred day moving average price is $432.32. The stock has a market cap of $75.88 billion, a PE ratio of 36.67, a price-to-earnings-growth ratio of 3.76 and a beta of 0.96. Motorola Solutions, Inc. has a one year low of $388.90 and a one year high of $507.82.

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 the consensus estimate of $3.36 by $0.21. The business had revenue of $2.77 billion for 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 business's revenue was up 5.2% on a year-over-year basis. During the same period in the prior 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. On average, analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a $0.0109 dividend. 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 payout ratio is currently 35.10%.

Motorola Solutions Profile

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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