Natixis Advisors LLC Has $129.34 Million Holdings in Motorola Solutions, Inc. $MSI

Natixis Advisors LLC grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 282,834 shares of the communications equipment provider’s stock after buying an additional 11,269 shares during the quarter. Natixis Advisors LLC owned approximately 0.17% of Motorola Solutions worth $129,338,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Orion Capital Management LLC acquired a new stake in shares of Motorola Solutions during the third quarter valued at approximately $25,000. United Community Bank boosted its stake in Motorola Solutions by 81.3% in the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 26 shares during the period. Halbert Hargrove Global Advisors LLC acquired a new position in Motorola Solutions in the 3rd quarter worth approximately $33,000. Field & Main Bank purchased a new position in Motorola Solutions during the 3rd quarter worth approximately $35,000. Finally, Salomon & Ludwin LLC acquired a new stake in Motorola Solutions during the 3rd quarter valued at $38,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Barclays raised their target price on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. JPMorgan Chase & Co. increased their price objective on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Piper Sandler restated an “overweight” rating and set a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research report on Thursday, February 12th. Finally, Argus raised Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and a consensus target price of $497.14.

Motorola Solutions Trading Down 1.3%

Shares of NYSE:MSI opened at $461.11 on Monday. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The stock’s 50-day moving average is $420.96 and its 200-day moving average is $422.65. The company has a market cap of $76.39 billion, a P/E ratio of 36.14, a P/E/G ratio of 3.23 and a beta of 0.96. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping the consensus estimate of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same quarter in the previous year, the firm earned $4.04 EPS. The firm’s revenue was up 12.3% compared to the same quarter last year. Equities research analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be issued a dividend of $1.21 per share. The ex-dividend date is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions’s payout ratio is 37.93%.

Insider Activity

In other news, CEO Gregory Q. Brown sold 28,435 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $477.95, for a total value of $13,590,508.25. Following the sale, the chief executive officer owned 90,721 shares in the company, valued at approximately $43,360,101.95. This trade represents a 23.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Cynthia Yazdi sold 7,000 shares of the business’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the transaction, the chief executive officer directly owned 9,529 shares in the company, valued at $4,488,254.29. This trade represents a 42.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 129,069 shares of company stock valued at $60,779,964. 1.44% of the stock is owned by company insiders.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.