Motorola Solutions (MSI) in Wedgewood Partners Q2 2024

Steady Execution and Critical Communication Solutions

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Apr 15, 2025
Summary
  • Sales growth of 10% and operating earnings growth of 20%.
  • Strong backlog growth in land mobile radio (LMR) business.
  • Robust technology implementation for emergency services.
  • Risks include technological obsolescence and competitive pressures.

Motorola Solutions (MSI, Financial) was a notable contributor to Wedgewood Partners' Q2 2024 performance. The fund, led by David Rolfe (Trades, Portfolio), highlighted Motorola's steady execution and its critical role in emergency communication solutions as key drivers of its success.

"Motorola Solutions was a contributor to performance as the Company continued its steady execution with +10% sales growth and +20% operating earnings growth. Motorola also continues to grow its backlog due to its competitively advantaged core land mobile radio (LMR) business." — David Rolfe (Trades, Portfolio), Wedgewood Partners, Q2 2024 Fund Letter

Read full letter at gurufocus David Rolfe's Wedgewood Partners 2nd-Quarter Letter: 'Apple of Our AI' 2024 Q2 page.