Harvest Portfolios Group Inc. Lowers Stake in Motorola Solutions, Inc. $MSI

Key Points

• Harvest Portfolios Group Inc. reduced its stake in Motorola Solutions, Inc. by 2.6% during the first quarter, owning 53,173 shares now worth approximately $23.28 million.
• Recent analyst actions include a downgrade from a "buy" to a "hold" rating by Wall Street Zen and a raised price target from UBS Group, showing diverse market perspectives on the stock.
• Motorola Solutions recently reported earnings of $3.57 per share, surpassing expectations, along with a revenue of $2.77 billion, illustrating a year-over-year growth of 5.2%.

Harvest Portfolios Group Inc. decreased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,173 shares of the communications equipment provider's stock after selling 1,419 shares during the period. Harvest Portfolios Group Inc.'s holdings in Motorola Solutions were worth $23,280,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MSI. ORG Wealth Partners LLC increased its holdings in Motorola Solutions by 346.2% during 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. Fourth Dimension Wealth LLC bought a new stake in Motorola Solutions during the fourth quarter valued at about $34,000. Community Bank N.A. bought a new stake in Motorola Solutions during the first quarter valued at about $32,000. Fort Vancouver Investment Management LLC bought a new stake in shares of Motorola Solutions in the first quarter worth about $37,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of Motorola Solutions in the first quarter worth about $40,000. Institutional investors own 84.17% of the company's stock.

Insiders Place Their Bets

In other Motorola Solutions news, COO John P. Molloy sold 37,514 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $462.38, for a total value of $17,345,723.32. Following the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory Q. Brown sold 17,600 shares of the company's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $459.79, for a total transaction of $8,092,304.00. Following the completion of the sale, the chief executive officer directly owned 24,046 shares in the company, valued at approximately $11,056,110.34. The trade was a 42.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 137,879 shares of company stock worth $63,762,361 over the last three months. Corporate insiders own 1.44% of the company's stock.

Motorola Solutions Stock Up 1.3%

Shares of MSI stock traded up $5.92 during trading hours on Thursday, reaching $470.33. 972,706 shares of the company's stock were exchanged, compared to its average volume of 1,106,025. The stock's 50 day moving average is $435.53 and its 200-day moving average is $426.89. The company has a market cap of $78.36 billion, a price-to-earnings ratio of 37.87, a P/E/G ratio of 3.72 and a beta of 0.97. 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, Inc. has a fifty-two week low of $388.90 and a fifty-two week high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating analysts' consensus estimates of $3.36 by $0.21. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The business's quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company 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. Analysts predict 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. Stockholders 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 payout ratio is 35.10%.

Analysts Set New Price Targets

Several research analysts have issued reports on MSI shares. Wolfe Research started coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating for the company. Barclays decreased their price target on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. UBS Group lifted their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research note on Friday, August 8th. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Finally, Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $512.67.

Motorola Solutions Company 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.