Motorola Solutions, Inc. $MSI Shares Sold by Dakota Wealth Management

Key Points

• Dakota Wealth Management reduced its stake in Motorola Solutions by 79.4% in Q2 2023, selling 2,609 shares and leaving them with 677 shares valued at $285,000.
• Several hedge funds have increased their investments in Motorola Solutions, with Nuveen LLC acquiring a new stake valued at approximately $650 million and Vanguard Group increasing its holdings by 1.5% to over $9.4 billion.
• Motorola Solutions reported Q2 earnings per share of $3.57, exceeding estimates, with a revenue of $2.77 billion, indicating a year-over-year increase of 5.2%.

Dakota Wealth Management lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 79.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 677 shares of the communications equipment provider's stock after selling 2,609 shares during the quarter. Dakota Wealth Management's holdings in Motorola Solutions were worth $285,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Nuveen LLC acquired a new stake in Motorola Solutions in the first quarter valued at approximately $650,426,000. Vanguard Group Inc. raised its holdings in Motorola Solutions by 1.5% in the first quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock valued at $9,413,403,000 after acquiring an additional 321,280 shares in the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in Motorola Solutions by 541.2% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 331,910 shares of the communications equipment provider's stock valued at $145,312,000 after acquiring an additional 280,145 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Motorola Solutions by 49.1% in the first quarter. Hsbc Holdings PLC now owns 746,011 shares of the communications equipment provider's stock valued at $325,558,000 after acquiring an additional 245,739 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Motorola Solutions by 14.1% in the first quarter. Goldman Sachs Group Inc. now owns 1,520,116 shares of the communications equipment provider's stock valued at $665,522,000 after acquiring an additional 187,400 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Piper Sandler assumed coverage on shares of Motorola Solutions in a report on Tuesday, September 23rd. They issued a "neutral" rating and a $495.00 target price on the stock. Barclays reduced their target price on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Evercore ISI raised their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a report on Friday, August 29th. Wolfe Research started coverage on shares of Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. Finally, UBS Group raised their price objective 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. Eight analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $513.78.

Motorola Solutions Stock Up 0.2%

MSI stock opened at $456.82 on Monday. 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, Inc. has a twelve month low of $388.90 and a twelve month high of $507.82. The company's 50 day moving average is $459.24 and its two-hundred day moving average is $433.18. The stock has a market cap of $76.11 billion, a P/E ratio of 36.78, a PEG ratio of 3.65 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results 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 analyst estimates of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The company's revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period last 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. Research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a dividend of $0.0109 per share. The ex-dividend date is Monday, September 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. Motorola Solutions's dividend payout ratio (DPR) is 35.10%.

Insider Buying and Selling at Motorola Solutions

In other news, SVP James A. Niewiara sold 1,700 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $485.43, for a total transaction of $825,231.00. Following the transaction, the senior vice president directly owned 14,542 shares in the company, valued at approximately $7,059,123.06. This trade represents a 10.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 transaction of $17,345,723.32. Following the transaction, the chief operating officer owned 59,328 shares in the company, valued at approximately $27,432,080.64. This trade represents a 38.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 248,493 shares of company stock valued at $116,848,278. 1.44% of the stock is currently owned by insiders.

Motorola Solutions Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.