Hennion & Walsh Asset Management Inc. Sells 2,411 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Hennion & Walsh Asset Management cut its Motorola Solutions stake by 58.3% in the second quarter, selling 2,411 shares and retaining 1,728 shares valued at approximately $718,000. Institutional investors and hedge funds collectively own 84.17% of MSI.
• Wall Street remains bullish: analysts maintain a consensus “Buy” rating with an average price target of $516.67, while several firms recently raised their targets to between $520 and $530.
• Motorola Solutions reported quarterly EPS of $4.41, beating estimates of $3.85, while revenue rose 13.3% year over year to $3.13 billion. The company also pays a quarterly dividend of $1.21 per share, representing a 1.0% annualized yield.

Hennion & Walsh Asset Management Inc. trimmed its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 58.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,728 shares of the communications equipment provider's stock after selling 2,411 shares during the period. Hennion & Walsh Asset Management Inc.'s holdings in Motorola Solutions were worth $718,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Revolve Wealth Partners LLC bought a new stake in Motorola Solutions during the 4th quarter worth approximately $208,000. Sivia Capital Partners LLC acquired a new position in shares of Motorola Solutions in the second quarter valued at approximately $210,000. HUB Investment Partners LLC increased its position in shares of Motorola Solutions by 38.7% during the second quarter. HUB Investment Partners LLC now owns 2,540 shares of the communications equipment provider's stock worth $1,068,000 after acquiring an additional 709 shares in the last quarter. Peapack Gladstone Financial Corp increased its position in shares of Motorola Solutions by 17.7% during the second quarter. Peapack Gladstone Financial Corp now owns 16,279 shares of the communications equipment provider's stock worth $6,845,000 after acquiring an additional 2,450 shares in the last quarter. Finally, Diversify Advisory Services LLC acquired a new stake in shares of Motorola Solutions during the second quarter worth $891,000. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MSI. UBS Group upped their target price on shares of Motorola Solutions from $510.00 to $520.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Piper Sandler boosted their price target on Motorola Solutions from $503.00 to $530.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Zacks Research raised Motorola Solutions from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Barclays lifted their target price on Motorola Solutions from $509.00 to $529.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Finally, Raymond James Financial reaffirmed an "outperform" rating and set a $530.00 price target on shares of Motorola Solutions in a research report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating and eleven have given a Buy rating to the company's stock. According to data from MarketBeat, Motorola Solutions has a consensus rating of "Buy" and an average price target of $516.67.

Motorola Solutions Stock Down 1.0%

Shares of MSI stock opened at $465.25 on Friday. The firm's fifty day moving average price is $421.28 and its two-hundred day moving average price is $430.54. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $493.57. The firm has a market capitalization of $76.99 billion, a P/E ratio of 36.63, a PEG ratio of 2.91 and a beta of 0.87.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, topping analysts' consensus estimates of $3.85 by $0.56. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $3.57 EPS. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. On average, equities analysts predict that Motorola Solutions, Inc. will post 15.31 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th were given a dividend of $1.21 per share. The ex-dividend date of this dividend was Wednesday, June 17th. This represents a $4.84 annualized dividend and a yield of 1.0%. Motorola Solutions's dividend payout ratio is 38.11%.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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