UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 39,160 Shares of Motorola Solutions, Inc. $MSI

Key Points

• UBS Asset Management Americas LLC increased its stake in Motorola Solutions by 2.7% during Q1 2023, holding a total of 1,471,635 shares valued at approximately $644 million.
• Wall Street analysts have shown positive sentiment, with Evercore ISI raising Motorola's price target from $500 to $525 and UBS Group adjusting theirs from $490 to $510, maintaining a "buy" rating.
• Motorola Solutions recently announced a $0.0109 per share quarterly dividend, reflecting a significant reduction compared to previous payments, with a 0.0% dividend yield for the annualized basis.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 2.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,471,635 shares of the communications equipment provider's stock after purchasing an additional 39,160 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.88% of Motorola Solutions worth $644,297,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. ORG Wealth Partners LLC raised its stake in Motorola Solutions by 346.2% during the first quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock valued at $25,000 after buying an additional 45 shares during the last quarter. Saudi Central Bank purchased a new position in shares of Motorola Solutions in the 1st quarter worth about $29,000. Fourth Dimension Wealth LLC purchased a new position in shares of Motorola Solutions in the 4th quarter worth about $34,000. Community Bank N.A. bought a new position in Motorola Solutions in the 1st quarter worth about $32,000. Finally, Fort Vancouver Investment Management LLC purchased a new stake in Motorola Solutions during the 1st quarter valued at about $37,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Stock Performance

Shares of MSI stock traded down $8.39 on Friday, reaching $481.91. The stock had a trading volume of 793,131 shares, compared to its average volume of 881,179. 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, Inc. has a 1 year low of $388.90 and a 1 year high of $507.82. The stock has a market cap of $80.29 billion, a P/E ratio of 38.80, a price-to-earnings-growth ratio of 3.92 and a beta of 0.96. The company has a 50 day simple moving average of $448.80 and a 200 day simple moving average of $429.79.

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, beating analysts' consensus estimates of $3.36 by $0.21. The company had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.Motorola Solutions's revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company 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. Equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders 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 currently 35.10%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on MSI shares. UBS Group lifted their target price 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. Wolfe Research began coverage on shares of Motorola Solutions in a report on Monday, July 7th. They issued a "peer perform" rating for the company. Evercore ISI upped their price objective on Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a research report on Friday, August 29th. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Finally, Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $516.13.

Insider Buying and Selling at Motorola Solutions

In other news, COO John P. Molloy sold 37,514 shares of Motorola Solutions 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 transaction, the chief operating officer owned 59,328 shares in the company, valued at $27,432,080.64. This trade represents a 38.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Gregory Q. Brown sold 82,765 shares of the company's stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $463.05, for a total value of $38,324,333.25. Following the completion of the sale, the chief executive officer owned 57,836 shares of the company's stock, valued at $26,780,959.80. This trade represents a 58.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 198,493 shares of company stock valued at $92,673,278 over the last three months. Insiders own 1.44% of the company's stock.

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.