Capital International Inc. CA Raises Stock Position in Motorola Solutions, Inc. $MSI

Capital International Inc. CA lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 34.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,710 shares of the communications equipment provider’s stock after acquiring an additional 28,314 shares during the period. Capital International Inc. CA’s holdings in Motorola Solutions were worth $50,627,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in Motorola Solutions by 1.3% in the third quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider’s stock worth $10,139,015,000 after buying an additional 286,366 shares during the last quarter. State Street Corp boosted its position in Motorola Solutions by 1.3% in the 2nd quarter. State Street Corp now owns 7,681,622 shares of the communications equipment provider’s stock valued at $3,237,985,000 after buying an additional 101,408 shares during the period. Geode Capital Management LLC grew its stake in Motorola Solutions by 1.2% in the second quarter. Geode Capital Management LLC now owns 4,386,899 shares of the communications equipment provider’s stock worth $1,839,569,000 after purchasing an additional 51,474 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of Motorola Solutions by 0.8% in the second quarter. Raymond James Financial Inc. now owns 3,401,738 shares of the communications equipment provider’s stock valued at $1,430,295,000 after acquiring an additional 27,206 shares in the last quarter. Finally, Norges Bank purchased a new stake in Motorola Solutions during the second quarter worth $872,307,000. 84.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on MSI. Morgan Stanley reiterated an “overweight” rating and issued a $470.00 target price on shares of Motorola Solutions in a research note on Thursday, February 12th. Barclays lifted their price target on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Piper Sandler restated an “overweight” rating and set a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. upped their price objective on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. One 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $497.14.

Motorola Solutions Stock Down 0.7%

Shares of MSI opened at $457.75 on Tuesday. The stock has a fifty day simple moving average of $422.57 and a two-hundred day simple moving average of $422.62. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. The company has a market capitalization of $75.83 billion, a PE ratio of 35.87, a price-to-earnings-growth 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 announced its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. The business had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter last year, the firm earned $4.04 EPS. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th will be paid a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio (DPR) is 37.93%.

Insider Activity

In other Motorola Solutions news, CEO Gregory Q. Brown sold 28,435 shares of Motorola Solutions stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total value of $13,590,508.25. Following the completion of the transaction, the chief executive officer directly owned 90,721 shares of the company’s stock, valued at $43,360,101.95. The trade was a 23.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kenneth D. Denman sold 434 shares of Motorola Solutions stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total value of $204,032.08. Following the completion of the transaction, the director owned 7,153 shares of the company’s stock, valued at approximately $3,362,768.36. This trade represents a 5.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 129,069 shares of company stock valued at $60,779,964. Company insiders own 1.44% of the company’s stock.

Motorola Solutions Company Profile

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.