Hartford Funds Management Co LLC significantly reduced its stake in Motorola Solutions, Inc. by 85.9% during the second quarter of the year, according to its latest filing with the SEC. The institutional investor now holds only 361 shares of Motorola Solutions, down from 2,191 shares previously owned. At the close of the quarter, this reduced position was valued at $152,000, making Motorola Solutions the 24th largest holding in Hartford's portfolio.
Other institutional investors also made notable adjustments to their Motorola Solutions stakes during the same period. ProShare Advisors LLC increased its position by 8.4%, acquiring 4,088 additional shares, bringing its total to 52,821 shares valued at $22.21 million. Profund Advisors LLC raised its stake by 5.5%, now owning 3,035 shares worth $1.28 million. Meanwhile, Pinnacle Wealth Management Advisory Group LLC grew its holdings by 3.7%, bringing their total to 701 shares valued at $295,000. Rathbones Group PLC, on the other hand, saw a dramatic increase of 294%, adding 115,036 shares to its portfolio, totaling 154,166 shares worth $64.82 million. Lastly, Campbell & CO Investment Adviser LLC raised its stake by an impressive 702.2%, now owning 6,065 shares valued at $2.55 million.
As of the latest data, institutional investors and hedge funds own 84.17% of Motorola Solutions’ outstanding shares.
Several research firms have also been active in updating their recommendations for Motorola Solutions. Evercore ISI raised its price target from $500 to $525, maintaining an "outperform" rating. UBS Group also increased its target from $490 to $510, continuing to recommend a "buy" on the stock. In contrast, Barclays lowered its price target to $495, while Piper Sandler revised its estimate downward to $465, reaffirming a "neutral" rating.
Motorola Solutions continues to perform well in the market. The company's shares opened at $391.44 recently, with a 50-day moving average of $452.66 and a 200-day moving average of $436.70. Over the past year, the stock has ranged between a low of $387.77 and a high of $507.82, with a market capitalization of $65.2 billion.
On the earnings front, Motorola Solutions reported impressive results for Q3, with earnings per share (EPS) of $4.06, exceeding expectations by $0.21. Quarterly revenue reached $3.01 billion, surpassing the consensus estimate of $2.99 billion. The company's net margin was 19.08%, and its return on equity stood at an exceptional 134.30%. The firm’s quarterly revenue grew by 7.8% compared to the same period last year.
The company also declared a quarterly dividend of $0.0109, paid on October 15, 2025. Despite a slight dip in dividend yield, Motorola Solutions continues to offer a stable payout ratio of 34.99%.
In terms of insider activity, senior vice president Rajan Naik sold 8,014 shares at an average price of $474.45 per share, totaling $3.8 million. CEO Gregory Q. Brown also made a significant transaction, selling 50,000 shares for $24.2 million. These sales were disclosed in SEC filings.
Motorola Solutions operates in two main segments: Products and Systems Integration, and Software and Services. It is a leading provider of communications equipment and services, including video security infrastructure, private communication networks, and mobile workforce management solutions.