Motorola Solutions, Inc. $MSI Stock: TD Waterhouse Canada Inc. Grows Stake

Key Points

• TD Waterhouse Canada increased its Motorola Solutions stake by 92.8% in the third quarter, bringing its holdings to 23,673 shares valued at approximately $10.7 million. Institutional investors collectively own 84.17% of MSI.
• Analyst sentiment remains positive, with an overall “Buy” rating and a consensus price target of $530.10, above the stock’s reported opening price of $463.82.
• Motorola Solutions exceeded quarterly earnings and revenue expectations, reporting $4.41 in EPS and $3.13 billion in revenue, while maintaining a quarterly dividend of $1.21 per share, or $4.84 annualized.

TD Waterhouse Canada Inc. boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 92.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,673 shares of the communications equipment provider's stock after buying an additional 11,395 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Motorola Solutions were worth $10,655,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MSI. Whipplewood Advisors LLC raised its position in shares of Motorola Solutions by 1,966.7% in the 1st quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider's stock worth $27,000 after acquiring an additional 59 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of Motorola Solutions in the 1st quarter valued at about $27,000. Physician Wealth Advisors Inc. grew its position in shares of Motorola Solutions by 540.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider's stock worth $28,000 after buying an additional 54 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Motorola Solutions in the 4th quarter worth approximately $27,000. Finally, HHM Wealth Advisors LLC raised its stake in shares of Motorola Solutions by 217.4% during the 1st quarter. HHM Wealth Advisors LLC now owns 73 shares of the communications equipment provider's stock worth $32,000 after acquiring an additional 50 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on MSI shares. Northcoast Research increased their target price on shares of Motorola Solutions from $510.00 to $525.00 in a research report on Thursday, August 27th. UBS Group increased their price target on Motorola Solutions from $510.00 to $520.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Weiss Ratings raised Motorola Solutions from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th. Evercore raised their price target on Motorola Solutions from $525.00 to $550.00 in a report on Thursday, October 8th. Finally, Piper Sandler boosted their price target on Motorola Solutions from $530.00 to $531.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $530.10.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. 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 sale, the chief executive officer directly owned 66,648 shares of the company's stock, valued at approximately $32,338,942.56. This represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Kathryn Moore sold 1,004 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the sale, the senior vice president directly owned 1,282 shares in the company, valued at $611,462.72. This represents a 43.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is currently owned by corporate insiders.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $463.82 on Monday. The company has a 50 day simple moving average of $464.12 and a two-hundred day simple moving average of $435.76. The stock has a market cap of $76.76 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 2.77 and a beta of 0.88. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $494.85.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping analysts' consensus estimates of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. During the same quarter in the prior year, the business earned $3.57 earnings per share. The business's quarterly revenue was up 13.3% compared to the same quarter last year. 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, analysts predict that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th were issued a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions's dividend payout ratio is presently 38.11%.

About Motorola Solutions

Motorola Solutions, Inc provides mission-critical communications, public safety, and enterprise security technologies. The company develops products and services that help governments, law enforcement agencies, emergency responders, commercial organizations, and other institutions coordinate operations, protect people, and manage critical events.

Its portfolio includes two-way radios and broadband communication systems, command center software, computer-aided dispatch and records management solutions, video security and analytics, access control, and cybersecurity services.

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