International Assets Investment Management LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 1,066.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,000 shares of the communications equipment provider’s stock after purchasing an additional 18,285 shares during the period. International Assets Investment Management LLC’s holdings in Motorola Solutions were worth $8,919,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in MSI. Aristotle Capital Management LLC bought a new position in shares of Motorola Solutions in the 1st quarter valued at $983,432,000. Bank of New York Mellon Corp acquired a new position in shares of Motorola Solutions during the 2nd quarter worth $374,617,000. Bank of America Corp DE raised its holdings in shares of Motorola Solutions by 34.3% during 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 buying an additional 352,679 shares in the last quarter. State Street Corp lifted its position in shares of Motorola Solutions by 4.3% during the 2nd quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock worth $3,269,332,000 after buying an additional 323,725 shares during the last quarter. Finally, SEB Asset Management AB bought a new stake in shares of Motorola Solutions during the 1st quarter worth $112,734,000. 84.17% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on MSI. Barclays raised their price objective on Motorola Solutions from $509.00 to $529.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Piper Sandler boosted their target price on Motorola Solutions from $530.00 to $531.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 22nd. Morgan Stanley restated an “overweight” rating and issued a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a research note on Thursday, August 6th. Truist Financial lifted 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. Finally, Weiss Ratings upgraded shares of Motorola Solutions from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $530.10.
Check Out Our Latest Report on Motorola Solutions
Motorola Solutions Price Performance
Shares of 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. The stock has a market cap of $81.29 billion, a PE ratio of 38.68, a PEG ratio of 2.94 and a beta of 0.88. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $499.00. The business has a 50-day simple moving average of $466.30 and a two-hundred day simple moving average of $439.19.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, beating 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 for the quarter, compared to analyst estimates of $3 billion. During the same period last year, the firm posted $3.57 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that Motorola Solutions, Inc. will post 15.87 earnings per share for the current fiscal year.
Motorola Solutions Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders 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 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 Activity at Motorola Solutions
In other Motorola Solutions news, CEO Gregory Brown sold 14,220 shares of Motorola Solutions stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total value of $6,899,828.40. Following the completion of the sale, the chief executive officer directly owned 66,648 shares in the company, valued at approximately $32,338,942.56. The trade was a 17.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kathryn A. Moore sold 1,004 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the transaction, the senior vice president owned 1,282 shares in the company, valued at $611,462.72. The trade was a 43.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.28% of the stock is currently owned by company insiders.
About Motorola Solutions
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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