Kestra Advisory Services LLC Sells 1,036 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Kestra Advisory Services LLC reduced its stake in Motorola Solutions by 7.1%, owning 13,478 shares worth approximately $5.90 million after selling 1,036 shares in the first quarter.
• Motorola Solutions' recent earnings report showed an earnings per share (EPS) of $3.57, surpassing analysts' estimates and a revenue increase of 5.2% year-over-year.
• The company's quarterly dividend has been announced at $0.0109 per share, translating to an annualized yield of 0.0%, with a current dividend payout ratio of 35.10%.

Kestra Advisory Services LLC cut its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 7.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,478 shares of the communications equipment provider's stock after selling 1,036 shares during the quarter. Kestra Advisory Services LLC's holdings in Motorola Solutions were worth $5,901,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC raised its position in Motorola Solutions by 346.2% in the first 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 last quarter. Community Bank N.A. bought a new position in Motorola Solutions in the first quarter valued at about $32,000. Fourth Dimension Wealth LLC acquired a new stake in shares of Motorola Solutions in the fourth quarter valued at about $34,000. Fort Vancouver Investment Management LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at about $37,000. Finally, Alpine Bank Wealth Management acquired a new stake in shares of Motorola Solutions in the first quarter valued at about $40,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MSI has been the subject of several recent research reports. Wolfe Research initiated coverage on Motorola Solutions in a research note on Monday, July 7th. They issued a "peer perform" rating for the company. UBS Group increased their price target on 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. Barclays decreased their price target on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Finally, Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Nine research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $512.67.

Insider Buying and Selling

In other news, COO John P. Molloy sold 37,514 shares of the firm's stock in a transaction that occurred 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 transaction, the chief operating officer owned 59,328 shares in the company, valued at $27,432,080.64. This trade 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 is available through this hyperlink. Also, CEO Gregory Q. Brown sold 82,765 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 57,836 shares in the company, valued at $26,780,959.80. This represents a 58.87% decrease in their position. The disclosure for this sale can be found here. Insiders sold 137,879 shares of company stock worth $63,762,361 in the last 90 days. Corporate insiders own 1.44% of the company's stock.

Motorola Solutions Stock Up 1.3%

Motorola Solutions stock traded up $5.92 during mid-day trading on Thursday, reaching $470.33. The stock had a trading volume of 972,706 shares, compared to its average volume of 1,106,025. 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, Inc. has a fifty-two week low of $388.90 and a fifty-two week high of $507.82. The stock's 50-day simple moving average is $435.53 and its 200-day simple moving average is $426.89. The firm has a market capitalization of $78.36 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 3.72 and a beta of 0.97.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 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 firm had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. During the same quarter last year, the firm posted $3.24 earnings per share. The company's revenue for the quarter was up 5.2% compared to the same quarter last year. 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, sell-side analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be issued 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 is Monday, September 15th. Motorola Solutions's dividend payout ratio (DPR) is currently 35.10%.

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.