Stance Capital LLC Purchases New Holdings in Motorola Solutions, Inc. $MSI

Stance Capital LLC bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,190 shares of the communications equipment provider’s stock, valued at approximately $2,603,000. Motorola Solutions comprises about 1.0% of Stance Capital LLC’s portfolio, making the stock its 15th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new position in Motorola Solutions in the 4th quarter valued at $208,000. Vestmark Advisory Solutions Inc. grew its holdings in shares of Motorola Solutions by 119.6% during the first quarter. Vestmark Advisory Solutions Inc. now owns 4,713 shares of the communications equipment provider’s stock worth $2,063,000 after buying an additional 2,567 shares in the last quarter. Horizon Investments LLC raised its position in shares of Motorola Solutions by 3.8% in the first quarter. Horizon Investments LLC now owns 3,435 shares of the communications equipment provider’s stock valued at $1,504,000 after buying an additional 125 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Motorola Solutions by 3.4% in the first quarter. Dimensional Fund Advisors LP now owns 812,456 shares of the communications equipment provider’s stock worth $355,660,000 after buying an additional 26,483 shares in the last quarter. Finally, Aberdeen Group plc boosted its position in Motorola Solutions by 69.3% during the first quarter. Aberdeen Group plc now owns 138,180 shares of the communications equipment provider’s stock worth $60,007,000 after acquiring an additional 56,547 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on MSI shares. Evercore ISI increased their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Weiss Ratings cut Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, December 8th. Piper Sandler reissued a “neutral” rating and set a $465.00 price objective (down previously from $495.00) on shares of Motorola Solutions in a research note on Friday, October 31st. Barclays dropped their target price on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Monday, December 1st. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and an average target price of $495.00.

Motorola Solutions Stock Performance

NYSE MSI opened at $364.46 on Friday. The stock has a fifty day simple moving average of $404.63 and a 200-day simple moving average of $428.44. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. The stock has a market cap of $60.70 billion, a PE ratio of 29.25, a P/E/G ratio of 2.91 and a beta of 0.99. Motorola Solutions, Inc. has a twelve month low of $363.37 and a twelve month high of $492.22.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating analysts’ consensus estimates of $3.85 by $0.21. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the prior year, the company posted $3.74 earnings per share. Motorola Solutions’s revenue for the quarter was up 7.8% compared to the same quarter last year. Equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be issued a $1.21 dividend. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. This represents a $4.84 annualized dividend and a yield of 1.3%. Motorola Solutions’s payout ratio is 34.99%.

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.