Royal Bank of Canada Has $251.11 Million Position in Motorola Solutions, Inc. $MSI

Key Points

• The Royal Bank of Canada reduced its stake in Motorola Solutions by 21.7%, selling 159,426 shares and now owns approximately 0.34% of the company worth $251 million.
• Motorola Solutions reported a quarterly EPS of $3.57, exceeding analysts' expectations of $3.36, and its year-over-year revenue increased by 5.2%.
• Motorola's COO and CEO both sold shares recently, with the COO selling 37,514 shares valued at over $17 million and the CEO selling 17,600 shares valued at approximately $8 million.

Royal Bank of Canada lessened its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 21.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 573,569 shares of the communications equipment provider's stock after selling 159,426 shares during the quarter. Royal Bank of Canada owned 0.34% of Motorola Solutions worth $251,114,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Alamea Verwaltungs GmbH acquired a new stake in shares of Motorola Solutions during the 1st quarter valued at about $710,000. Quarry LP boosted its holdings in Motorola Solutions by 273.1% during the first quarter. Quarry LP now owns 1,832 shares of the communications equipment provider's stock valued at $802,000 after purchasing an additional 1,341 shares in the last quarter. Nomura Holdings Inc. grew its stake in shares of Motorola Solutions by 44.0% in the 1st quarter. Nomura Holdings Inc. now owns 9,010 shares of the communications equipment provider's stock valued at $3,945,000 after purchasing an additional 2,752 shares during the period. Saudi Central Bank acquired a new position in shares of Motorola Solutions in the 1st quarter worth approximately $29,000. Finally, Second Line Capital LLC lifted its position in shares of Motorola Solutions by 68.6% during the 1st quarter. Second Line Capital LLC now owns 823 shares of the communications equipment provider's stock worth $361,000 after buying an additional 335 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Barclays dropped their price objective on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Wolfe Research assumed coverage on shares of Motorola Solutions in a report on Monday, July 7th. They issued a "peer perform" rating on the stock. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. UBS Group boosted 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. Finally, Evercore ISI raised their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $516.13.

Insider Transactions at Motorola Solutions

In related news, CEO Gregory Q. Brown sold 25,000 shares of the stock in a transaction that occurred 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 sale, the chief executive officer directly owned 46,936 shares in the company, valued at $22,167,872.80. This trade represents a 34.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO John P. Molloy sold 37,514 shares of the business's stock in a transaction that occurred 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 transaction, the chief operating officer owned 59,328 shares of the company's stock, valued at approximately $27,432,080.64. This 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 in the last quarter. 1.44% of the stock is currently owned by corporate insiders.

Motorola Solutions Trading Up 0.9%

Shares of MSI traded up $4.36 during trading hours on Thursday, hitting $478.52. 608,171 shares of the stock traded hands, compared to its average volume of 1,046,473. The business has a fifty day moving average of $441.66 and a 200-day moving average of $427.55. The firm has a market capitalization of $79.72 billion, a PE ratio of 38.53, a price-to-earnings-growth ratio of 3.80 and a beta of 0.96. Motorola Solutions, Inc. has a 1-year low of $388.90 and a 1-year high of $507.82. 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 (NYSE:MSI - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share 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 firm had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. During the same period in the previous year, the business posted $3.24 EPS. The company'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. Analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be issued a $0.0109 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date is Monday, September 15th. 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.