Cullen Investment Group LTD. Acquires 1,862 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Cullen Investment Group LTD. increased its stake in Motorola Solutions by 7.9% during the second quarter, holding 25,322 shares valued at approximately $10.65 million.
• Motorola Solutions reported $3.57 earnings per share (EPS) for its last quarter, surpassing analyst estimates and reflecting a 5.2% year-over-year revenue growth.
• Despite a strong performance, Motorola Solutions announced a dividend cut with a quarterly payment of only $0.0109 per share, reflecting a yield of 0.0%.

Cullen Investment Group LTD. raised its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 7.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,322 shares of the communications equipment provider's stock after purchasing an additional 1,862 shares during the period. Motorola Solutions accounts for 1.5% of Cullen Investment Group LTD.'s holdings, making the stock its 15th biggest holding. Cullen Investment Group LTD.'s holdings in Motorola Solutions were worth $10,647,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in MSI. Revolve Wealth Partners LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter valued at approximately $208,000. Millennium Management LLC boosted its position in Motorola Solutions by 5.8% during the 4th quarter. Millennium Management LLC now owns 142,841 shares of the communications equipment provider's stock valued at $66,025,000 after buying an additional 7,841 shares during the period. Nomura Holdings Inc. purchased a new stake in shares of Motorola Solutions in the 4th quarter worth about $2,893,000. Pathstone Holdings LLC increased its stake in shares of Motorola Solutions by 4.7% in the 4th quarter. Pathstone Holdings LLC now owns 22,844 shares of the communications equipment provider's stock worth $10,562,000 after acquiring an additional 1,029 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in shares of Motorola Solutions by 15.0% in the 4th quarter. Royal Bank of Canada now owns 732,995 shares of the communications equipment provider's stock worth $338,812,000 after acquiring an additional 95,489 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Stock Up 0.4%

MSI stock traded up $1.70 during trading on Monday, hitting $483.41. 885,268 shares of the company's stock were exchanged, compared to its average volume of 857,100. The business has a 50-day moving average price of $449.95 and a two-hundred day moving average price of $430.11. The stock has a market capitalization of $80.54 billion, a price-to-earnings ratio of 38.92, a PEG ratio of 3.85 and a beta of 0.96. Motorola Solutions, Inc. has a 52-week low of $388.90 and a 52-week high of $507.82. 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 (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the prior year, the company earned $3.24 earnings per share. The company's revenue 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. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

The company 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 $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 35.10%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MSI. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Evercore ISI boosted their price target on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. William Blair reiterated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. UBS Group upped their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Finally, 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 report on Friday, August 8th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $516.13.

Insider Buying and Selling

In other Motorola Solutions news, COO John P. Molloy sold 37,514 shares of the business's stock in a transaction on Thursday, August 21st. The stock was 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Gregory Q. Brown sold 25,000 shares of the business's stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $481.86, for a total value of $12,046,500.00. Following the completion of the sale, the chief executive officer directly owned 46,936 shares in the company, valued at $22,616,580.96. This represents a 34.75% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 198,493 shares of company stock valued at $92,673,278. Corporate insiders own 1.44% of the company's stock.

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.