Kestra Investment Management LLC Trims Stock Position in Motorola Solutions, Inc. $MSI

Key Points

• Kestra Investment Management LLC reduced its stake in Motorola Solutions, Inc. by 31.1% in Q1, holding 2,722 shares valued at $1.19 million as per their latest SEC filing.
• Motorola Solutions reported earnings of $3.57 per share for Q2, surpassing expectations, with revenue also exceeding forecasts at $2.77 billion.
• Insiders at Motorola sold a combined 170,893 shares valued at approximately $79.4 million in the last quarter, indicating significant insider trading activity.

Kestra Investment Management LLC lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 31.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,722 shares of the communications equipment provider's stock after selling 1,231 shares during the period. Kestra Investment Management LLC's holdings in Motorola Solutions were worth $1,192,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MSI. ORG Wealth Partners LLC increased its position in shares of Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after acquiring an additional 45 shares during the period. Saudi Central Bank acquired a new position in shares of Motorola Solutions in the 1st quarter valued at about $29,000. Community Bank N.A. acquired a new position in shares of Motorola Solutions in the 1st quarter valued at about $32,000. Fourth Dimension Wealth LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at about $34,000. Finally, Fort Vancouver Investment Management LLC acquired a new position in shares of Motorola Solutions in the 1st quarter valued at about $37,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Down 1.7%

Shares of NYSE:MSI traded down $8.39 during trading on Friday, hitting $481.91. The company's stock had a trading volume of 793,131 shares, compared to its average volume of 881,179. The business has a 50 day moving average price of $448.80 and a two-hundred day moving average price of $429.82. The company has a market capitalization of $80.29 billion, a PE ratio of 38.80, a P/E/G ratio of 3.92 and a beta of 0.96. 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.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, topping the consensus estimate of $3.36 by $0.21. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The company's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. As a group, research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Cuts Dividend

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

Wall Street Analyst Weigh In

MSI has been the topic of a number of analyst reports. Wolfe Research initiated coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. UBS Group raised their target price on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Evercore ISI raised their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Barclays reduced their price target on shares of 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, Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $516.13.

Insider Buying and Selling at Motorola Solutions

In related news, COO John P. Molloy sold 37,514 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $462.38, for a total transaction of $17,345,723.32. Following the completion of the transaction, the chief operating officer owned 59,328 shares in the company, valued at approximately $27,432,080.64. The trade was a 38.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Rajan Naik sold 8,014 shares of the business's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total transaction of $3,802,242.30. Following the transaction, the senior vice president owned 10,244 shares of the company's stock, valued at approximately $4,860,265.80. The trade was a 43.89% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 198,493 shares of company stock worth $92,673,278. 1.44% of the stock is currently owned by insiders.

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.