SteelPeak Wealth LLC Sells 3,762 Shares of Motorola Solutions, Inc. $MSI

SteelPeak Wealth LLC lowered its position in Motorola Solutions, Inc. (NYSE:MSI) by 87.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 526 shares of the communications equipment provider’s stock after selling 3,762 shares during the period. SteelPeak Wealth LLC’s holdings in Motorola Solutions were worth $235,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. State Street Corp lifted its position in shares of Motorola Solutions by 4.3% during the second quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock valued at $3,269,332,000 after purchasing an additional 323,725 shares in the last quarter. Aristotle Capital Management LLC bought a new stake in Motorola Solutions in the 1st quarter worth about $983,432,000. Amundi grew its position in Motorola Solutions by 1.9% in the 1st quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock worth $694,565,000 after purchasing an additional 30,264 shares in the last quarter. Bank of America Corp DE grew its position in Motorola Solutions by 34.3% in 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. Finally, Janus Henderson Group PLC increased its stake in Motorola Solutions by 5.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock valued at $539,958,000 after buying an additional 59,294 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $463.22 on Wednesday. The company’s 50-day moving average is $464.01 and its 200 day moving average is $436.14. 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 company has a market capitalization of $76.66 billion, a P/E ratio of 36.47, a price-to-earnings-growth ratio of 2.74 and a beta of 0.88. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $494.85.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. During the same quarter last year, the company posted $3.57 earnings per share. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. 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. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th were given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions’s dividend payout ratio is currently 38.11%.

Insider Buying and Selling

In other news, CEO Gregory Q. 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 transaction of $6,899,828.40. Following the completion of the sale, the chief executive officer owned 66,648 shares in the company, valued at $32,338,942.56. This trade represents a 17.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Kathryn Moore sold 1,004 shares of Motorola Solutions stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the completion of the sale, the senior vice president directly owned 1,282 shares in the company, valued at $611,462.72. This trade represents a 43.92% decrease in their position. The SEC filing for this sale provides additional information. 1.28% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have commented on MSI shares. Weiss Ratings raised shares of Motorola Solutions from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. UBS Group boosted their target price on Motorola Solutions from $510.00 to $520.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Truist Financial upped their target price on Motorola Solutions from $525.00 to $545.00 and gave the company a “buy” rating in a report on Friday, August 7th. Evercore increased their price target on Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. Finally, JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $530.10.

Motorola Solutions Company Profile

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.