TD Asset Management Inc Has $354.16 Million Stock Position in Motorola Solutions, Inc. $MSI

Key Points

• TD Asset Management Inc reduced its holdings in Motorola Solutions by 12.9% in Q2, now owning 842,311 shares worth approximately $354.16 million.
• Motorola Solutions reported earnings of $3.57 per share for the last quarter, exceeding analyst estimates, with a revenue of $2.77 billion representing a 5.2% year-over-year increase.
• The company announced a quarterly dividend of $0.0109 per share, reflecting a minimal annual yield of 0.0% and indicating a dividend payout ratio of 35.10%.

TD Asset Management Inc reduced its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 12.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 842,311 shares of the communications equipment provider's stock after selling 124,852 shares during the quarter. TD Asset Management Inc owned 0.50% of Motorola Solutions worth $354,158,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MSI. Revolve Wealth Partners LLC acquired a new position in shares of Motorola Solutions during the fourth quarter valued at about $208,000. Dynamic Advisor Solutions LLC grew its holdings in shares of Motorola Solutions by 1.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 2,927 shares of the communications equipment provider's stock valued at $1,281,000 after buying an additional 29 shares during the last quarter. Ritholtz Wealth Management grew its holdings in shares of Motorola Solutions by 12.3% during the first quarter. Ritholtz Wealth Management now owns 5,383 shares of the communications equipment provider's stock valued at $2,357,000 after buying an additional 588 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Motorola Solutions by 56.8% during the first quarter. Exchange Traded Concepts LLC now owns 12,024 shares of the communications equipment provider's stock valued at $5,264,000 after buying an additional 4,355 shares during the last quarter. Finally, Brighton Jones LLC boosted its holdings in Motorola Solutions by 44.5% during the first quarter. Brighton Jones LLC now owns 1,134 shares of the communications equipment provider's stock worth $496,000 after purchasing an additional 349 shares during the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

NYSE MSI opened at $456.01 on Tuesday. The company's 50 day moving average is $464.91 and its 200-day moving average is $435.49. Motorola Solutions, Inc. has a 12-month low of $388.90 and a 12-month high of $507.82. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. The firm has a market cap of $75.97 billion, a P/E ratio of 36.72, a price-to-earnings-growth ratio of 3.65 and a beta of 0.97.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results 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 business 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%. Motorola Solutions's revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.24 EPS. 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 predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

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

Insider Activity

In related news, SVP James A. Niewiara sold 1,700 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The shares were 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. This represents a 10.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Rajan Naik sold 8,014 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The stock was 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 in the company, valued at $4,860,265.80. This trade represents a 43.89% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 248,493 shares of company stock worth $116,848,278. Insiders own 1.44% of the company's stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Barclays cut their price target on shares of Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Evercore ISI lifted their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. 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 report on Friday, August 8th. Wolfe Research assumed coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They issued a "peer perform" rating on the stock. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Motorola Solutions in a research report on Wednesday, October 8th. Nine equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $513.78.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.