Wellington Management Group LLP Sells 221,841 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Wellington Management cut its Motorola Solutions stake by 91.1%, selling 221,841 shares in the second quarter and retaining 21,682 shares valued at approximately $9 million. Institutional investors collectively own 84.17% of MSI.
• Motorola Solutions reported stronger-than-expected quarterly results, with EPS of $4.41 versus the $3.85 consensus and revenue of $3.13 billion, up 13.3% year over year. The company also declared a quarterly dividend of $1.21, equivalent to a 1.0% yield.
• MSI shares opened at $463.38, while analysts maintained a “Moderate Buy” consensus rating with an average price target of $519.44. CEO Gregory Brown and SVP Kathryn Moore also sold shares in recent insider transactions.

Wellington Management Group LLP lessened its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 91.1% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,682 shares of the communications equipment provider's stock after selling 221,841 shares during the quarter. Wellington Management Group LLP's holdings in Motorola Solutions were worth $9,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in MSI. Evelyn Partners Asset Management Ltd purchased a new position in Motorola Solutions during the first quarter valued at $1,052,000. Crestmont Private Wealth LLC purchased a new position in Motorola Solutions during the 4th quarter valued at about $1,907,000. Janney Montgomery Scott LLC boosted its stake in Motorola Solutions by 11.4% during the first quarter. Janney Montgomery Scott LLC now owns 63,931 shares of the communications equipment provider's stock worth $27,744,000 after acquiring an additional 6,564 shares in the last quarter. Hsbc Holdings PLC boosted its stake in Motorola Solutions by 12.9% during the fourth quarter. Hsbc Holdings PLC now owns 591,086 shares of the communications equipment provider's stock worth $226,642,000 after acquiring an additional 67,467 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Motorola Solutions by 15.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 706,588 shares of the communications equipment provider's stock worth $270,849,000 after purchasing an additional 96,751 shares during the period. Institutional investors own 84.17% of the company's stock.

Insider Buying and Selling

In other news, CEO Gregory Brown sold 14,220 shares of the firm's stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total value of $6,899,828.40. Following the transaction, the chief executive officer directly owned 66,648 shares in the company, valued at $32,338,942.56. This trade represents a 17.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Kathryn A. Moore sold 1,004 shares of Motorola Solutions stock in a transaction on Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the completion of the sale, the senior vice president directly owned 1,282 shares of the company's stock, valued at $611,462.72. The trade was a 43.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.28% of the company's stock.

Motorola Solutions Trading Down 1.0%

Motorola Solutions stock opened at $463.38 on Wednesday. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $494.85. The business's fifty day moving average is $447.17 and its 200 day moving average is $437.21. The stock has a market capitalization of $76.68 billion, a PE ratio of 36.49, a price-to-earnings-growth ratio of 2.80 and a beta of 0.88. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.10 and a quick ratio of 0.86.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping analysts' consensus estimates of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.Motorola Solutions's revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.57 EPS. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 15.87 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 16th will be issued a $1.21 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.84 annualized dividend and a yield of 1.0%. Motorola Solutions's dividend payout ratio (DPR) is currently 38.11%.

Analyst Ratings Changes

MSI has been the subject of several recent research reports. Evercore reiterated an "outperform" rating and set a $550.00 target price on shares of Motorola Solutions in a report on Wednesday, August 26th. UBS Group upped their price target on Motorola Solutions from $510.00 to $520.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Weiss Ratings lowered Motorola Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, August 21st. Truist Financial lifted their price objective on Motorola Solutions from $525.00 to $545.00 and gave the company a "buy" rating in a research note on Friday, August 7th. Finally, Piper Sandler increased their target price on Motorola Solutions from $503.00 to $530.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $519.44.

Motorola Solutions Company Profile

Motorola Solutions, Inc develops mission-critical communications and technology solutions for public safety organizations, government agencies and commercial enterprises. Its offerings include land mobile radio systems, broadband communications, command-center software, computer-aided dispatch, records management, evidence management and emergency call-handling technologies.

The company also provides video security and access-control solutions, including body-worn cameras, in-car video systems, fixed video surveillance and related analytics.

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