MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Increases Holdings in Motorola Solutions, Inc. $MSI

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Motorola Solutions by 45.6% in Q1, now owning 35,382 shares valued at approximately $15.49 million.
• Insiders, including CEO Gregory Q. Brown, significantly reduced their positions, selling 171,793 shares for a total of about $79.8 million in the past three months.
• Several research firms have set new price targets for Motorola Solutions, with an average consensus price target of $516.13 and an overall rating of "Moderate Buy".

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 45.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,382 shares of the communications equipment provider's stock after buying an additional 11,082 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Motorola Solutions were worth $15,488,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Motorola Solutions by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock valued at $9,413,403,000 after purchasing an additional 321,280 shares during the period. Raymond James Financial Inc. grew its stake in Motorola Solutions by 2.0% in the 1st quarter. Raymond James Financial Inc. now owns 3,374,532 shares of the communications equipment provider's stock valued at $1,477,404,000 after purchasing an additional 66,766 shares during the period. Alliancebernstein L.P. grew its stake in Motorola Solutions by 1.6% in the 1st quarter. Alliancebernstein L.P. now owns 2,921,004 shares of the communications equipment provider's stock valued at $1,278,845,000 after purchasing an additional 47,368 shares during the period. Invesco Ltd. grew its stake in Motorola Solutions by 2.6% in the 1st quarter. Invesco Ltd. now owns 2,043,914 shares of the communications equipment provider's stock valued at $894,846,000 after purchasing an additional 50,891 shares during the period. Finally, Northern Trust Corp grew its stake in Motorola Solutions by 5.4% in the 1st quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider's stock valued at $862,245,000 after purchasing an additional 100,891 shares during the period. Institutional investors own 84.17% of the company's stock.

Insiders Place Their Bets

In other Motorola Solutions news, SVP Rajan Naik sold 8,014 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $4,860,265.80. This trade represents a 43.89% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP James A. Niewiara sold 1,700 shares of the firm's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $485.43, for a total value of $825,231.00. Following the completion of the sale, the senior vice president directly owned 14,542 shares in the company, valued at approximately $7,059,123.06. The trade was a 10.47% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 198,493 shares of company stock worth $92,673,278. 1.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

MSI has been the subject of a number of recent analyst reports. UBS Group upped 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 reduced their price objective 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. Wall Street Zen downgraded Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Evercore ISI upped their price objective on Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Finally, William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $516.13.

Motorola Solutions Price Performance

MSI traded down $8.39 during trading on Friday, reaching $481.91. 793,131 shares of the company were exchanged, compared to its average volume of 881,179. The company's 50-day moving average is $448.80 and its two-hundred day moving average is $429.79. The company has a market cap of $80.29 billion, a price-to-earnings ratio of 38.80, a P/E/G ratio of 3.92 and a beta of 0.96. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month 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, topping analysts' consensus estimates of $3.36 by $0.21. The business had revenue of $2.77 billion for the quarter, compared to analysts' expectations of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The firm's quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.24 EPS. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share 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 issued a $0.0109 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. Motorola Solutions's dividend payout ratio (DPR) is presently 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.