Motorola Solutions, Inc. $MSI Stock Sold by Fragasso Financial Advisors Inc

Key Points

• Fragasso Financial Advisors reduced its Motorola Solutions stake by 28.5% in the third quarter, selling 2,398 shares and retaining 6,026 shares valued at approximately $2.68 million. Institutional investors and hedge funds collectively own 84.17% of the company.
• Analysts remain broadly bullish on Motorola Solutions, with a consensus “Buy” rating and an average price target of $530.10, while several firms recently raised their targets to as high as $550.
• Motorola Solutions reported quarterly EPS of $4.41, exceeding estimates by $0.56, on revenue of $3.13 billion, up 13.3% year over year. The company also declared a quarterly dividend of $1.21 per share, equivalent to a 1.1% annualized yield.

Fragasso Financial Advisors Inc lessened its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 28.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,026 shares of the communications equipment provider's stock after selling 2,398 shares during the quarter. Fragasso Financial Advisors Inc's holdings in Motorola Solutions were worth $2,677,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC lifted its holdings in shares of Motorola Solutions by 3.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 33,538 shares of the communications equipment provider's stock worth $14,996,000 after buying an additional 1,151 shares during the last quarter. Perpetual Ltd acquired a new position in Motorola Solutions during the 3rd quarter valued at about $211,000. Marquette Asset Management LLC boosted its position in shares of Motorola Solutions by 114.6% in the 3rd quarter. Marquette Asset Management LLC now owns 734 shares of the communications equipment provider's stock worth $327,000 after purchasing an additional 392 shares during the last quarter. Argus Investors Counsel Inc. acquired a new position in Motorola Solutions during the third quarter valued at approximately $255,000. Finally, GK Wealth Management LLC acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at approximately $45,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on MSI shares. Evercore upped their price objective on Motorola Solutions from $525.00 to $550.00 in a research note on Thursday, October 8th. UBS Group raised their price objective on Motorola Solutions from $510.00 to $520.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Barclays lifted their price objective on shares of Motorola Solutions from $509.00 to $529.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Piper Sandler upped their price objective on Motorola Solutions from $530.00 to $531.00 and gave the company an "overweight" rating in a research note on Tuesday, September 22nd. Finally, Raymond James Financial increased their price objective on Motorola Solutions from $530.00 to $550.00 in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $530.10.

Insider Activity at Motorola Solutions

In other news, CEO Gregory Brown sold 14,220 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total value of $6,899,828.40. Following the completion of the transaction, the chief executive officer owned 66,648 shares in the company, valued at approximately $32,338,942.56. This represents a 17.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Kathryn A. Moore sold 1,004 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the transaction, the senior vice president directly owned 1,282 shares of the company's stock, valued at approximately $611,462.72. This trade represents a 43.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.28% of the stock is currently owned by insiders.

Motorola Solutions Stock Performance

NYSE:MSI traded up $3.14 on Tuesday, hitting $449.47. The stock had a trading volume of 237,836 shares, compared to its average volume of 1,051,056. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $494.85. The stock has a market cap of $74.39 billion, a price-to-earnings ratio of 35.36, a price-to-earnings-growth ratio of 2.65 and a beta of 0.88. The business's 50-day simple moving average is $464.20 and its two-hundred day simple moving average is $435.38. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.85 by $0.56. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. Motorola Solutions's revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.57 earnings per share. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. As a group, research analysts predict that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th will be given a dividend of $1.21 per share. The ex-dividend date is Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. Motorola Solutions's dividend payout ratio is currently 38.11%.

About Motorola Solutions

Motorola Solutions, Inc is a technology company that provides communications, command center, video security and analytical solutions for public safety and commercial organizations. Its offerings are designed to help government agencies, first responders, enterprises and other organizations coordinate operations, manage incidents and improve security.

The company's products and services include land mobile radio communications, broadband and software-based communications, computer-aided dispatch and records-management systems, video security and access-control technologies, and command center software.

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