Ninety One North America Inc. Buys 13,475 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Ninety One North America Inc. increased its stake in Motorola Solutions, Inc. by 42.9% during the second quarter, purchasing an additional 13,475 shares, now holding 44,915 shares valued at approximately $18.9 million.
• Wall Street reports indicate optimistic growth forecasts for Motorola Solutions, with price targets raised by multiple analysts, including Evercore ISI's new target of $525.
• In a noteworthy insider transaction, SVP Rajan Naik sold 8,014 shares for over $3.8 million, reducing his position by nearly 44%, as the company reports substantial insider sales in the past 90 days.

Ninety One North America Inc. lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 42.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,915 shares of the communications equipment provider's stock after purchasing an additional 13,475 shares during the quarter. Ninety One North America Inc.'s holdings in Motorola Solutions were worth $18,885,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MSI. Nuveen LLC bought a new position in shares of Motorola Solutions during the 1st quarter worth about $650,426,000. Vanguard Group Inc. lifted its position in Motorola Solutions by 1.5% in the 1st 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. lifted its position in Motorola Solutions by 541.2% in the 1st 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 lifted its position in Motorola Solutions by 49.1% in the 1st 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, Congress Asset Management Co. bought a new position in Motorola Solutions in the 2nd quarter valued at about $87,162,000. Institutional investors own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

MSI has been the topic of several recent research reports. Evercore ISI raised their price target on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. UBS Group raised their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research report on Friday, August 8th. Barclays dropped their price target on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Piper Sandler initiated coverage on shares of Motorola Solutions in a research report on Tuesday, September 23rd. They issued a "neutral" rating and a $495.00 price target on the stock. Finally, Wolfe Research initiated coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $513.78.

Insider Activity at Motorola Solutions

In other news, SVP Rajan Naik sold 8,014 shares of the firm'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 transaction of $3,802,242.30. Following the completion of the sale, the senior vice president owned 10,244 shares in the company, valued at $4,860,265.80. This trade represents a 43.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP James A. Niewiara sold 1,700 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $485.43, for a total transaction of $825,231.00. Following the sale, the senior vice president owned 14,542 shares of the company's stock, valued at approximately $7,059,123.06. The trade was a 10.47% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 248,493 shares of company stock worth $116,848,278. 1.44% of the stock is currently owned by company insiders.

Motorola Solutions Trading Up 0.8%

Shares of MSI stock opened at $457.70 on Wednesday. The company has a 50 day moving average of $460.63 and a 200-day moving average of $433.60. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The firm has a market cap of $76.25 billion, a P/E ratio of 36.85, a PEG ratio of 3.63 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.36 by $0.21. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter last year, the business posted $3.24 EPS. Motorola Solutions's quarterly 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. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

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

Motorola Solutions 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.

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