Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,086 shares of the communications equipment provider’s stock after acquiring an additional 3,994 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Motorola Solutions were worth $22,783,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aristotle Capital Management LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at $983,432,000. Bank of New York Mellon Corp bought a new stake in shares of Motorola Solutions in the 2nd quarter worth about $374,617,000. Bank of America Corp DE increased its position in shares of Motorola Solutions by 34.3% during the 1st quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock worth $599,532,000 after purchasing an additional 352,679 shares in the last quarter. State Street Corp increased its position in shares of Motorola Solutions by 4.3% during the 2nd quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock worth $3,269,332,000 after purchasing an additional 323,725 shares in the last quarter. Finally, SEB Asset Management AB acquired a new stake in shares of Motorola Solutions during the 1st quarter worth about $112,734,000. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Price Performance
Motorola Solutions stock opened at $463.22 on Wednesday. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.86 and a current ratio of 1.10. The firm has a market cap of $76.66 billion, a P/E ratio of 36.47, a P/E/G ratio of 2.74 and a beta of 0.88. The business’s fifty day moving average is $464.01 and its two-hundred day moving average is $436.14. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $494.85.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, topping the consensus estimate of $3.85 by $0.56. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%. The company had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3 billion. During the same quarter in the prior year, the business earned $3.57 earnings per share. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Equities research analysts forecast that Motorola Solutions, Inc. will post 15.87 earnings per share for the current fiscal year.
Motorola Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were given a dividend of $1.21 per share. The ex-dividend date was Wednesday, September 16th. This represents a $4.84 annualized dividend and a yield of 1.0%. Motorola Solutions’s dividend payout ratio is 38.11%.
Insider Activity
In related news, CEO Gregory Brown sold 14,220 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total value of $6,899,828.40. Following the completion of the sale, the chief executive officer owned 66,648 shares of the company’s stock, valued at $32,338,942.56. This trade represents a 17.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Kathryn A. Moore sold 1,004 shares of Motorola Solutions stock in a transaction on Friday, August 21st. The shares were sold at an average price of $476.96, for a total value of $478,867.84. Following the completion of the sale, the senior vice president directly owned 1,282 shares of the company’s stock, valued at $611,462.72. This trade represents a 43.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.28% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
MSI has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Piper Sandler raised their price objective on shares of Motorola Solutions from $530.00 to $531.00 and gave the stock an “overweight” rating in a report on Tuesday, September 22nd. Zacks Research lowered shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. Finally, Bank of America reiterated a “buy” rating on shares of Motorola Solutions in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $530.10.
Check Out Our Latest Report on Motorola Solutions
About Motorola Solutions
Motorola Solutions, Inc provides mission-critical communications, public safety, and enterprise security technologies. The company develops products and services that help governments, law enforcement agencies, emergency responders, commercial organizations, and other institutions coordinate operations, protect people, and manage critical events.
Its portfolio includes two-way radios and broadband communication systems, command center software, computer-aided dispatch and records management solutions, video security and analytics, access control, and cybersecurity services.
Read More
- Five stocks we like better than Motorola Solutions
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
