Motorola Solutions, Inc. $MSI Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments increased its stake in Motorola Solutions by 2.4%, owning 28,918 shares valued at approximately $12.16 million as of the end of the last quarter.
• Multiple institutional investors have made significant increases in their holdings, leading to 84.17% of Motorola Solutions stock being owned by institutional investors and hedge funds.
• Motorola Solutions recently reported earnings exceeding estimates, posting $3.57 EPS compared to a consensus estimate of $3.36, alongside a revenue of $2.77 billion for the quarter.

Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,918 shares of the communications equipment provider's stock after purchasing an additional 687 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Motorola Solutions were worth $12,159,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Motorola Solutions by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock worth $9,413,403,000 after acquiring an additional 321,280 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Motorola Solutions by 2.0% during the 1st quarter. Raymond James Financial Inc. now owns 3,374,532 shares of the communications equipment provider's stock worth $1,477,404,000 after acquiring an additional 66,766 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Motorola Solutions by 1.6% during the 1st quarter. Alliancebernstein L.P. now owns 2,921,004 shares of the communications equipment provider's stock worth $1,278,845,000 after acquiring an additional 47,368 shares in the last quarter. Invesco Ltd. boosted its position in shares of Motorola Solutions by 2.6% during the 1st quarter. Invesco Ltd. now owns 2,043,914 shares of the communications equipment provider's stock worth $894,846,000 after acquiring an additional 50,891 shares in the last quarter. Finally, Northern Trust Corp boosted its position in shares of Motorola Solutions by 5.4% during the 1st quarter. Northern Trust Corp now owns 1,969,450 shares of the communications equipment provider's stock worth $862,245,000 after acquiring an additional 100,891 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on MSI. Barclays lowered their price objective on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. Wolfe Research began coverage on Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating for the company. Weiss Ratings reissued a "buy (b)" rating on shares of Motorola Solutions in a research report on Saturday, September 27th. Evercore ISI upped their target price on Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. Finally, UBS Group upped their target price on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $513.78.

Insider Buying and Selling

In other Motorola Solutions news, COO John P. Molloy sold 37,514 shares of the company'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 transaction of $17,345,723.32. Following the completion of the sale, the chief operating officer directly owned 59,328 shares of the company's stock, valued at $27,432,080.64. This represents a 38.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Rajan Naik sold 8,014 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $474.45, for a total value of $3,802,242.30. Following the sale, the senior vice president directly owned 10,244 shares of the company's stock, valued at approximately $4,860,265.80. This represents a 43.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 248,493 shares of company stock valued at $116,848,278 in the last quarter. 1.44% of the stock is currently owned by insiders.

Motorola Solutions Stock Up 1.2%

Shares of NYSE MSI opened at $453.47 on Friday. The business has a 50-day moving average price of $462.30 and a 200 day moving average price of $434.24. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. The stock has a market cap of $75.55 billion, a PE ratio of 36.51, a price-to-earnings-growth ratio of 3.62 and a beta of 0.97. Motorola Solutions, Inc. has a 52-week low of $388.90 and a 52-week high of $507.82.

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

Motorola Solutions Cuts Dividend

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

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