Cidel Asset Management Inc. Takes $7.88 Million Position in Motorola Solutions, Inc. $MSI

Cidel Asset Management Inc. bought a new stake in Motorola Solutions, Inc. (NYSE:MSI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 18,749 shares of the communications equipment provider’s stock, valued at approximately $7,883,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Chicago Partners Investment Group LLC increased its holdings in shares of Motorola Solutions by 2.0% in the second quarter. Chicago Partners Investment Group LLC now owns 3,199 shares of the communications equipment provider’s stock valued at $1,350,000 after purchasing an additional 63 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in shares of Motorola Solutions by 12.2% in the second quarter. Koshinski Asset Management Inc. now owns 1,352 shares of the communications equipment provider’s stock valued at $569,000 after purchasing an additional 147 shares in the last quarter. Citizens Business Bank increased its holdings in shares of Motorola Solutions by 0.8% in the second quarter. Citizens Business Bank now owns 12,763 shares of the communications equipment provider’s stock valued at $5,366,000 after purchasing an additional 102 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its holdings in shares of Motorola Solutions by 0.6% in the second quarter. Chevy Chase Trust Holdings LLC now owns 88,977 shares of the communications equipment provider’s stock valued at $37,411,000 after purchasing an additional 515 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Motorola Solutions by 13.1% in the second quarter. Stratos Wealth Partners LTD. now owns 12,209 shares of the communications equipment provider’s stock valued at $5,134,000 after purchasing an additional 1,415 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on MSI. 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. Piper Sandler started coverage on shares of Motorola Solutions in a report on Tuesday, September 23rd. They issued a “neutral” rating and a $495.00 price target for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Motorola Solutions in a report on Wednesday, October 8th. Barclays lowered their target price on shares of Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Finally, 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. Nine research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of “Moderate Buy” and a consensus target price of $513.78.

Insider Activity

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

Motorola Solutions Price Performance

MSI opened at $445.45 on Friday. Motorola Solutions, Inc. has a 52 week low of $388.90 and a 52 week high of $507.82. The firm has a market capitalization of $74.21 billion, a PE ratio of 35.87, a P/E/G ratio of 3.56 and a beta of 0.97. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. The company has a fifty day moving average price of $465.00 and a two-hundred day moving average price of $435.73.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the previous year, the business earned $3.24 EPS. The firm’s revenue 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. As a group, analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Monday, September 15th were issued a $0.0109 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. 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.