Mattern Capital Management LLC Invests $10.66 Million in Motorola Solutions, Inc. $MSI

Mattern Capital Management LLC acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSIFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 24,556 shares of the communications equipment provider’s stock, valued at approximately $10,657,000. Motorola Solutions accounts for about 1.3% of Mattern Capital Management LLC’s holdings, making the stock its 21st largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSI. Norges Bank acquired a new position in Motorola Solutions during the 4th quarter worth $942,542,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Motorola Solutions by 11,507.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,192,196 shares of the communications equipment provider’s stock valued at $456,993,000 after purchasing an additional 1,181,925 shares during the last quarter. Orbis Allan Gray Ltd grew its position in shares of Motorola Solutions by 95.6% in the fourth quarter. Orbis Allan Gray Ltd now owns 1,283,065 shares of the communications equipment provider’s stock valued at $491,824,000 after purchasing an additional 627,066 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Motorola Solutions by 576.0% in the fourth quarter. Stifel Financial Corp now owns 708,083 shares of the communications equipment provider’s stock worth $271,429,000 after purchasing an additional 603,330 shares during the period. Finally, Ninety One UK Ltd increased its stake in shares of Motorola Solutions by 74.3% in the fourth quarter. Ninety One UK Ltd now owns 1,338,589 shares of the communications equipment provider’s stock worth $513,108,000 after purchasing an additional 570,712 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on MSI. Weiss Ratings downgraded Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Truist Financial dropped their price target on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Wall Street Zen lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Barclays increased their price objective on Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Finally, Raymond James Financial restated an “outperform” rating and issued a $530.00 price objective on shares of Motorola Solutions in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $504.67.

Read Our Latest Analysis on Motorola Solutions

Motorola Solutions Stock Performance

Shares of NYSE:MSI opened at $418.11 on Tuesday. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.07 and a quick ratio of 0.86. The business’s fifty day moving average price is $408.79 and its two-hundred day moving average price is $422.85. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The stock has a market capitalization of $69.41 billion, a price-to-earnings ratio of 33.69, a price-to-earnings-growth ratio of 2.95 and a beta of 0.88.

Motorola Solutions (NYSE:MSIGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The communications equipment provider reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $3.24 by $0.13. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period in the prior year, the company earned $3.18 EPS. Motorola Solutions’s revenue for the quarter was up 7.4% on a year-over-year basis. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. As a group, analysts predict that Motorola Solutions, Inc. will post 15.17 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, June 17th will be paid a $1.21 dividend. The ex-dividend date is Wednesday, June 17th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.2%. Motorola Solutions’s dividend payout ratio (DPR) is 39.00%.

Motorola Solutions Company Profile

(Free Report)

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.

Further Reading

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

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