PDT Partners LLC Takes $1.23 Million Position in Motorola Solutions, Inc. $MSI

Key Points

• PDT Partners LLC acquired a new stake in Motorola Solutions, purchasing 2,801 shares valued at approximately $1.23 million during the first quarter.
• Motorola Solutions reported earnings per share (EPS) of $3.57 for the last quarter, exceeding analysts’ expectations of $3.36.
• CEO Gregory Q. Brown sold 25,000 shares worth over $11.8 million, marking a significant reduction of 34.75% in his ownership stake.

PDT Partners LLC purchased a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 2,801 shares of the communications equipment provider's stock, valued at approximately $1,226,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MSI. Deseret Mutual Benefit Administrators grew its stake in shares of Motorola Solutions by 5.4% during the first quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider's stock worth $206,000 after buying an additional 24 shares during the last quarter. Clark Capital Management Group Inc. boosted its holdings in shares of Motorola Solutions by 4.3% during the 4th quarter. Clark Capital Management Group Inc. now owns 636 shares of the communications equipment provider's stock valued at $294,000 after acquiring an additional 26 shares in the last quarter. Wesbanco Bank Inc. increased its holdings in Motorola Solutions by 2.0% in the 1st quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock worth $576,000 after purchasing an additional 26 shares in the last quarter. Hemington Wealth Management raised its position in Motorola Solutions by 17.1% in the first quarter. Hemington Wealth Management now owns 185 shares of the communications equipment provider's stock valued at $80,000 after purchasing an additional 27 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in shares of Motorola Solutions by 2.7% during the first quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider's stock valued at $473,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 84.17% of the company's stock.

Insiders Place Their Bets

In related news, CEO Gregory Q. Brown sold 25,000 shares of Motorola Solutions stock in a transaction on Friday, August 29th. The shares were sold at an average price of $472.30, for a total value of $11,807,500.00. Following the completion of the sale, the chief executive officer owned 46,936 shares of the company's stock, valued at approximately $22,167,872.80. This trade represents a 34.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO John P. Molloy sold 37,514 shares of the business's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $462.38, for a total transaction of $17,345,723.32. Following the sale, the chief operating officer owned 59,328 shares of the company's stock, valued at $27,432,080.64. This trade represents a 38.74% decrease in their position. The disclosure for this sale can be found here. Insiders sold 162,879 shares of company stock valued at $75,569,861 over the last 90 days. Corporate insiders own 1.44% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MSI shares. Wolfe Research began coverage on Motorola Solutions in a research note on Monday, July 7th. They issued a "peer perform" rating for the company. Wall Street Zen lowered shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. William Blair restated an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. UBS Group lifted their price target 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. Finally, Barclays reduced their price objective on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a research note on Friday, August 8th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $516.13.

Motorola Solutions Stock Down 1.0%

Shares of NYSE:MSI opened at $474.16 on Thursday. Motorola Solutions, Inc. has a 1 year low of $388.90 and a 1 year high of $507.82. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. The business's 50-day moving average is $440.42 and its 200-day moving average is $427.27. The company has a market capitalization of $78.99 billion, a price-to-earnings ratio of 38.18, a P/E/G ratio of 3.79 and a beta of 0.96.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, topping the consensus estimate of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The business had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. During the same quarter last year, the firm posted $3.24 earnings per share. The firm's revenue was up 5.2% on a year-over-year basis. 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 predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors 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%.

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.

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