Flputnam Investment Management Co. lifted its holdings in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 22.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 30,841 shares of the communications equipment provider’s stock after purchasing an additional 5,564 shares during the quarter. Flputnam Investment Management Co.’s holdings in Motorola Solutions were worth $12,808,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of MSI. Ausdal Financial Partners Inc. raised its holdings in shares of Motorola Solutions by 3.0% during the second quarter. Ausdal Financial Partners Inc. now owns 780 shares of the communications equipment provider’s stock worth $324,000 after acquiring an additional 23 shares during the period. CYBER HORNET ETFs LLC increased its holdings in Motorola Solutions by 5.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 482 shares of the communications equipment provider’s stock worth $185,000 after purchasing an additional 24 shares in the last quarter. Orion Capital Management LLC raised its stake in shares of Motorola Solutions by 46.3% in the 4th quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock valued at $30,000 after purchasing an additional 25 shares during the period. Lord & Richards Wealth Management LLC raised its stake in shares of Motorola Solutions by 2.0% in the 1st quarter. Lord & Richards Wealth Management LLC now owns 1,285 shares of the communications equipment provider’s stock valued at $558,000 after purchasing an additional 25 shares during the period. Finally, Mill Capital Management LLC lifted its holdings in shares of Motorola Solutions by 0.9% in the fourth quarter. Mill Capital Management LLC now owns 2,935 shares of the communications equipment provider’s stock valued at $1,125,000 after purchasing an additional 25 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.
Motorola Solutions Price Performance
Shares of MSI opened at $486.43 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. The company’s fifty day simple moving average is $436.90 and its 200 day simple moving average is $435.71. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $493.57. The company has a market cap of $80.50 billion, a price-to-earnings ratio of 38.30, a PEG ratio of 2.90 and a beta of 0.87.
Motorola Solutions Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 16th will be paid a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, September 16th. Motorola Solutions’s dividend payout ratio (DPR) is 38.11%.
Insider Transactions at Motorola Solutions
In related news, SVP Kathryn A. Moore sold 1,004 shares of Motorola Solutions stock in a transaction dated 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 transaction, the senior vice president owned 1,282 shares in the company, valued at approximately $611,462.72. This trade represents a 43.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on MSI shares. Morgan Stanley reaffirmed an “overweight” rating and set a $476.00 price objective on shares of Motorola Solutions in a research report on Thursday, August 6th. Barclays lifted their target price on Motorola Solutions from $509.00 to $529.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Piper Sandler upped their price target on Motorola Solutions from $503.00 to $530.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. raised their price target 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. Finally, Evercore reiterated an “outperform” rating and issued a $550.00 price objective on shares of Motorola Solutions in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Motorola Solutions has an average rating of “Moderate Buy” and an average price target of $519.44.
Check Out Our Latest Stock Report on Motorola Solutions
Motorola Solutions 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.
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