Swedbank AB Purchases 144,518 Shares of Motorola Solutions, Inc. $MSI

Swedbank AB lifted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 10.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,490,010 shares of the communications equipment provider’s stock after acquiring an additional 144,518 shares during the quarter. Swedbank AB’s holdings in Motorola Solutions were worth $571,151,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MSI. Ninety One UK Ltd lifted its holdings in shares of Motorola Solutions by 74.3% during the 4th quarter. Ninety One UK Ltd now owns 1,338,589 shares of the communications equipment provider’s stock worth $513,108,000 after acquiring an additional 570,712 shares during the last quarter. Capital World Investors raised its stake in shares of Motorola Solutions by 5.5% during the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock valued at $4,292,310,000 after acquiring an additional 490,354 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Motorola Solutions by 56.6% in the third quarter. Victory Capital Management Inc. now owns 1,203,661 shares of the communications equipment provider’s stock worth $550,422,000 after purchasing an additional 435,178 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Motorola Solutions by 35.2% during the second quarter. Ameriprise Financial Inc. now owns 1,355,159 shares of the communications equipment provider’s stock valued at $568,930,000 after purchasing an additional 353,113 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Motorola Solutions by 3,126.7% during the fourth quarter. SG Americas Securities LLC now owns 297,925 shares of the communications equipment provider’s stock valued at $114,201,000 after purchasing an additional 288,692 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

Motorola Solutions stock opened at $438.00 on Wednesday. The firm has a 50-day moving average of $451.94 and a two-hundred day moving average of $417.08. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22. The stock has a market cap of $72.80 billion, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 3.05 and a beta of 0.93. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same quarter in the prior year, the business posted $4.04 EPS. Motorola Solutions’s revenue for the quarter was up 12.3% compared to the same quarter last year. On average, research analysts forecast that Motorola Solutions, Inc. will post 15.25 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Friday, March 20th were given a dividend of $1.21 per share. This represents a $4.84 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, March 20th. Motorola Solutions’s dividend payout ratio (DPR) is currently 37.93%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on MSI shares. Piper Sandler restated an “overweight” rating and issued a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Truist Financial began coverage on shares of Motorola Solutions in a research report on Tuesday, March 31st. They set a “buy” rating and a $540.00 price objective on the stock. Barclays lifted their price target on shares of Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $502.50.

Insider Activity at Motorola Solutions

In related news, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the sale, the chief executive officer owned 9,529 shares in the company, valued at approximately $4,488,254.29. This trade represents a 42.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kenneth D. Denman sold 434 shares of the firm’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $470.12, for a total transaction of $204,032.08. Following the sale, the director owned 7,153 shares in the company, valued at approximately $3,362,768.36. This represents a 5.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 129,069 shares of company stock worth $60,779,964. 1.28% of the stock is owned by company insiders.

About Motorola Solutions

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.