Motorola Solutions, Inc. $MSI Stock Bought by Fenimore Asset Management Inc

Fenimore Asset Management Inc boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 14.4% during the 3rd quarter, Holdings Channel reports. The fund owned 47,150 shares of the communications equipment provider’s stock after buying an additional 5,940 shares during the period. Fenimore Asset Management Inc’s holdings in Motorola Solutions were worth $21,027,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Motorola Solutions during the fourth quarter valued at approximately $27,000. Whipplewood Advisors LLC raised its stake in Motorola Solutions by 1,966.7% in the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 59 shares in the last quarter. Western Wealth Management LLC purchased a new stake in Motorola Solutions during the first quarter worth $27,000. Physician Wealth Advisors Inc. lifted its holdings in Motorola Solutions by 540.0% during the first quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider’s stock worth $28,000 after buying an additional 54 shares during the period. Finally, Field & Main Bank bought a new stake in Motorola Solutions during the 2nd quarter valued at $31,000. Institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MSI shares. Zacks Research lowered Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Evercore reaffirmed an “outperform” rating and set a $550.00 price objective on shares of Motorola Solutions in a research report on Wednesday, August 26th. Weiss Ratings upgraded shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 8th. Barclays increased 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. Finally, Truist Financial raised their price target on shares of Motorola Solutions from $525.00 to $545.00 and gave the company a “buy” rating in a report on Friday, August 7th. One research 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. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $519.56.

Read Our Latest Research Report on MSI

Motorola Solutions Stock Down 0.3%

Shares of MSI traded down $1.18 during midday trading on Thursday, hitting $447.15. 722,148 shares of the company’s stock traded hands, compared to its average volume of 1,058,226. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $494.85. The firm’s fifty day moving average is $463.55 and its 200-day moving average is $435.57. 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 stock has a market capitalization of $74.00 billion, a price-to-earnings ratio of 35.21, a price-to-earnings-growth ratio of 2.73 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 for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3 billion. During the same quarter last year, the firm earned $3.57 EPS. 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 anticipate that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th will be paid a dividend of $1.21 per share. The ex-dividend date is Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. Motorola Solutions’s payout ratio is presently 38.11%.

Insider Activity

In other news, CEO Gregory Q. Brown sold 14,220 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 66,648 shares in the company, valued at $32,338,942.56. This represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through 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 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. Corporate insiders own 1.28% of the company’s stock.

About Motorola Solutions

(Free Report)

Motorola Solutions, Inc is a technology company that provides communications, command center, video security and analytical solutions for public safety and commercial organizations. Its offerings are designed to help government agencies, first responders, enterprises and other organizations coordinate operations, manage incidents and improve security.

The company’s products and services include land mobile radio communications, broadband and software-based communications, computer-aided dispatch and records-management systems, video security and access-control technologies, and command center software.

See Also

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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