Motorola Solutions, Inc. $MSI Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Key Points

• Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Motorola Solutions by 4.2%, owning a total of 25,957 shares worth approximately $10.9 million.
• Motorola Solutions reported earnings of $3.57 per share and revenue of $2.77 billion for the last quarter, exceeding analyst estimates, with a year-over-year revenue growth of 5.2%.
• The company announced a quarterly dividend of $0.0109, reflecting a 0.0% dividend yield, and has a payout ratio of 35.10%.

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 25,957 shares of the communications equipment provider's stock after purchasing an additional 1,056 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Motorola Solutions were worth $10,914,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Deseret Mutual Benefit Administrators lifted its holdings in Motorola Solutions by 5.4% in 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 period. Wesbanco Bank Inc. increased its position in shares of Motorola Solutions by 2.0% during the first quarter. Wesbanco Bank Inc. now owns 1,315 shares of the communications equipment provider's stock valued at $576,000 after acquiring an additional 26 shares in the last quarter. Hemington Wealth Management grew its position in Motorola Solutions by 17.1% in the 1st quarter. Hemington Wealth Management now owns 185 shares of the communications equipment provider's stock worth $80,000 after purchasing an additional 27 shares during the period. D.A. Davidson & CO. grew its position in Motorola Solutions by 2.7% in the 1st quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider's stock worth $473,000 after purchasing an additional 28 shares during the period. Finally, Rainier Family Wealth Inc. grew its position in shares of Motorola Solutions by 1.5% during the 1st quarter. Rainier Family Wealth Inc. now owns 1,913 shares of the communications equipment provider's stock valued at $838,000 after acquiring an additional 28 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In related news, SVP Rajan Naik sold 8,014 shares of the company'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 sale, the senior vice president directly owned 10,244 shares of the company's stock, valued at $4,860,265.80. This represents a 43.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory Q. Brown sold 50,000 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $483.50, for a total transaction of $24,175,000.00. Following the sale, the chief executive officer directly owned 46,936 shares in the company, valued at approximately $22,693,556. The trade was a 51.58% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 248,493 shares of company stock valued at $116,848,278 over the last 90 days. Insiders own 1.44% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on MSI. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. UBS Group lifted their target price on shares of Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Evercore ISI lifted their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Barclays lowered their target price 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. Finally, Wolfe Research initiated coverage on shares of Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating on the stock. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Motorola Solutions currently has a consensus rating of "Moderate Buy" and an average target price of $516.13.

Motorola Solutions Stock Up 0.4%

NYSE:MSI traded up $1.76 during midday trading on Friday, reaching $476.31. 1,676,624 shares of the stock traded hands, compared to its average volume of 853,146. The business has a 50-day moving average of $454.65 and a two-hundred day moving average of $431.46. The stock has a market capitalization of $79.35 billion, a PE ratio of 38.35, a price-to-earnings-growth ratio of 3.79 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 company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73.

Motorola Solutions (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, topping analysts' consensus estimates of $3.36 by $0.21. The firm had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.74 billion. Motorola Solutions had a net margin of 19.08% and a return on equity of 134.30%. The business's quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.24 earnings per share. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. On average, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal 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 $0.0109 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend is Monday, September 15th. Motorola Solutions's payout ratio is 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.