State of Alaska Department of Revenue Acquires 4,165 Shares of Motorola Solutions, Inc. $MSI

Key Points

• The State of Alaska Department of Revenue increased its stake in Motorola Solutions, Inc. by 21.3%, now owning 23,746 shares valued at approximately $9.98 million.
• Motorola Solutions reported quarterly earnings of $3.57 per share, exceeding analysts' expectations, with a revenue of $2.77 billion—a 5.2% year-over-year increase.
• The company's stock has recently been rated as a "Moderate Buy" by analysts, with an average price target of $513.78.

State of Alaska Department of Revenue grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 21.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,746 shares of the communications equipment provider's stock after buying an additional 4,165 shares during the quarter. State of Alaska Department of Revenue's holdings in Motorola Solutions were worth $9,983,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. ORG Wealth Partners LLC increased its stake in Motorola Solutions by 346.2% in the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after purchasing an additional 45 shares during the period. Saudi Central Bank purchased a new stake in shares of Motorola Solutions during the first quarter worth about $29,000. Community Bank N.A. bought a new stake in shares of Motorola Solutions in the first quarter worth about $32,000. Fort Vancouver Investment Management LLC bought a new stake in shares of Motorola Solutions in the first quarter worth about $37,000. Finally, Alpine Bank Wealth Management purchased a new position in Motorola Solutions during the 1st quarter valued at about $40,000. Institutional investors own 84.17% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on MSI shares. Piper Sandler started coverage on Motorola Solutions in a report on Tuesday. They issued a "neutral" rating and a $495.00 price objective for the company. Barclays lowered their target price on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Wolfe Research assumed coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They issued a "peer perform" rating for the company. Evercore ISI upped their price target on Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Finally, UBS Group lifted their price objective on shares of Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and an average price target of $513.78.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $456.82 on Friday. The stock has a market capitalization of $76.11 billion, a PE ratio of 36.78, a price-to-earnings-growth ratio of 3.65 and a beta of 0.96. Motorola Solutions, Inc. has a 12 month low of $388.90 and a 12 month high of $507.82. The business has a 50 day simple moving average of $459.24 and a 200-day simple moving average of $433.05. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $2.74 billion. During the same quarter last year, the business earned $3.24 EPS. Motorola Solutions's revenue for the quarter 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 analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th will be given a dividend of $0.0109 per share. The ex-dividend date is Monday, September 15th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. Motorola Solutions's payout ratio is currently 35.10%.

Insiders Place Their Bets

In other Motorola Solutions news, CEO Gregory Q. Brown sold 82,765 shares of the business's stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $463.05, for a total transaction of $38,324,333.25. Following the completion of the transaction, the chief executive officer directly owned 57,836 shares in the company, valued at $26,780,959.80. The trade was a 58.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO John P. Molloy sold 37,514 shares of Motorola Solutions stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $462.38, for a total value of $17,345,723.32. Following the completion of the transaction, the chief operating officer directly owned 59,328 shares of the company's stock, valued at approximately $27,432,080.64. This trade represents a 38.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 248,493 shares of company stock valued at $116,848,278 over the last quarter. 1.44% of the stock is owned by insiders.

About Motorola Solutions

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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