VIRGINIA RETIREMENT SYSTEMS ET Al lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 37.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 72,653 shares of the communications equipment provider’s stock after purchasing an additional 19,763 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Motorola Solutions were worth $32,401,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also recently bought and sold shares of MSI. State Street Corp raised its holdings in Motorola Solutions by 4.3% in 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 buying an additional 323,725 shares during the period. Aristotle Capital Management LLC purchased a new stake in Motorola Solutions during the first quarter worth approximately $983,432,000. Amundi grew its stake in Motorola Solutions by 1.9% during the first quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock worth $694,565,000 after buying an additional 30,264 shares during the period. Bank of America Corp DE grew its stake in Motorola Solutions by 34.3% during the first quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock worth $599,532,000 after buying an additional 352,679 shares during the period. Finally, Janus Henderson Group PLC increased its position in shares of Motorola Solutions by 5.0% in the first quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock worth $539,958,000 after acquiring an additional 59,294 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.
Motorola Solutions Stock Down 0.2%
NYSE MSI opened at $491.23 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $499.00. The business has a 50 day moving average price of $466.30 and a two-hundred day moving average price of $439.19. The stock has a market cap of $81.29 billion, a PE ratio of 33.59, a P/E/G ratio of 2.94 and a beta of 0.88.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. During the same quarter last year, the firm posted $3.57 earnings per share. The business’s quarterly revenue 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. As a group, sell-side analysts predict that Motorola Solutions, Inc. will post 15.87 EPS for the current fiscal year.
Motorola Solutions Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were issued a $1.21 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions’s dividend payout ratio is currently 38.11%.
Insider Buying and Selling
In other news, SVP Kathryn A. Moore sold 1,004 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $476.96, for a total value of $478,867.84. Following the sale, the senior vice president owned 1,282 shares in the company, valued at approximately $611,462.72. This represents a 43.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory Brown sold 14,220 shares of the company’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 sale, the chief executive officer owned 66,648 shares in the company, valued at $32,338,942.56. The trade was a 17.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is owned by company insiders.
Analysts Set New Price Targets
A number of equities analysts have recently commented on MSI shares. JPMorgan Chase & Co. raised their target price on shares of Motorola Solutions from $525.00 to $545.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Barclays upped their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Northcoast Research increased their price target on Motorola Solutions from $510.00 to $525.00 in a report on Thursday, August 27th. Evercore raised their price objective on Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. Finally, Piper Sandler boosted their price objective on Motorola Solutions from $530.00 to $531.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $530.10.
Check Out Our Latest Report on Motorola Solutions
Motorola Solutions 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.
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