6,254 Shares in Motorola Solutions, Inc. $MSI Purchased by Berman McAleer LLC

Berman McAleer LLC bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,254 shares of the communications equipment provider’s stock, valued at approximately $2,866,000.

A number of other institutional investors also recently made changes to their positions in the stock. National Pension Service boosted its holdings in shares of Motorola Solutions by 2.3% in the third quarter. National Pension Service now owns 412,344 shares of the communications equipment provider’s stock valued at $188,561,000 after acquiring an additional 9,129 shares in the last quarter. Searle & CO. lifted its position in Motorola Solutions by 1.7% in the third quarter. Searle & CO. now owns 2,582 shares of the communications equipment provider’s stock worth $1,181,000 after purchasing an additional 42 shares during the period. AlphaQuest LLC boosted its stake in Motorola Solutions by 180.5% during the 3rd quarter. AlphaQuest LLC now owns 5,116 shares of the communications equipment provider’s stock valued at $2,339,000 after purchasing an additional 3,292 shares in the last quarter. Knights of Columbus Asset Advisors LLC boosted its stake in Motorola Solutions by 66.0% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 20,225 shares of the communications equipment provider’s stock valued at $9,249,000 after purchasing an additional 8,041 shares in the last quarter. Finally, Pittenger & Anderson Inc. increased its position in shares of Motorola Solutions by 0.6% during the 3rd quarter. Pittenger & Anderson Inc. now owns 6,180 shares of the communications equipment provider’s stock valued at $2,826,000 after purchasing an additional 35 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on MSI. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. Piper Sandler upgraded shares of Motorola Solutions from a “neutral” rating to an “overweight” rating and reduced their price objective for the company from $465.00 to $443.00 in a research report on Monday, January 5th. Northcoast Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Monday, December 1st. Finally, Barclays cut their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research note on Friday, October 31st. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $491.86.

Motorola Solutions Price Performance

NYSE MSI opened at $402.58 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.86 and a debt-to-equity ratio of 3.59. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22. The company has a market cap of $67.05 billion, a PE ratio of 32.31, a PEG ratio of 3.01 and a beta of 1.00. The stock’s 50-day moving average price is $381.46 and its two-hundred day moving average price is $421.09.

Motorola Solutions (NYSE:MSI) last released its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share for the quarter, topping the consensus estimate of $3.85 by $0.21. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The business had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the firm posted $3.74 earnings per share. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. On average, analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Monday, December 15th were given a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, December 15th. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.01. Motorola Solutions’s dividend payout ratio is presently 38.84%.

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.