Summit Global Investments trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 26.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,027 shares of the communications equipment provider’s stock after selling 1,833 shares during the period. Summit Global Investments’ holdings in Motorola Solutions were worth $2,242,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Invera Wealth Advisors LLC increased its stake in Motorola Solutions by 6.2% during the third quarter. Invera Wealth Advisors LLC now owns 2,398 shares of the communications equipment provider’s stock worth $1,069,000 after acquiring an additional 141 shares during the last quarter. Modera Wealth Management LLC lifted its stake in shares of Motorola Solutions by 5.8% in the 3rd quarter. Modera Wealth Management LLC now owns 706 shares of the communications equipment provider’s stock valued at $315,000 after purchasing an additional 39 shares in the last quarter. State of Wyoming lifted its stake in shares of Motorola Solutions by 59.7% in the 3rd quarter. State of Wyoming now owns 289 shares of the communications equipment provider’s stock valued at $129,000 after purchasing an additional 108 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of Motorola Solutions by 1,066.2% in the 3rd quarter. International Assets Investment Management LLC now owns 20,000 shares of the communications equipment provider’s stock valued at $8,919,000 after purchasing an additional 18,285 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Motorola Solutions by 37.4% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 72,653 shares of the communications equipment provider’s stock worth $32,401,000 after purchasing an additional 19,763 shares during the period. 84.17% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Motorola Solutions
In other news, CEO Gregory Q. Brown sold 14,220 shares of Motorola Solutions stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the sale, the chief executive officer directly owned 66,648 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Kathryn Moore sold 1,004 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the completion of the transaction, the senior vice president owned 1,282 shares in the company, valued at approximately $611,462.72. This trade represents a 43.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on MSI shares. Morgan Stanley reissued an “overweight” rating and set a $476.00 target price (up from $470.00) on shares of Motorola Solutions in a research report 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 research report on Friday, August 7th. Piper Sandler lifted their price target on shares of Motorola Solutions from $530.00 to $531.00 and gave the company an “overweight” rating in a research report on Tuesday, September 22nd. Evercore boosted their price objective on shares of Motorola Solutions from $525.00 to $550.00 in a research note on Thursday, October 8th. Finally, Raymond James Financial increased their price objective on shares of Motorola Solutions from $530.00 to $550.00 in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $530.10.
Motorola Solutions Price Performance
Shares of MSI stock opened at $491.23 on Friday. The firm has a fifty day simple moving average of $466.30 and a 200-day simple moving average of $439.19. The company has a market capitalization of $81.29 billion, a PE ratio of 38.68, a price-to-earnings-growth ratio of 2.94 and a beta of 0.88. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $499.00. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13.
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. During the same quarter in the previous year, the firm posted $3.57 EPS. The firm’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. Equities research analysts anticipate that Motorola Solutions, Inc. will post 15.87 earnings per share for the current fiscal year.
Motorola Solutions Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th were paid a dividend of $1.21 per share. The ex-dividend date was Wednesday, September 16th. This represents a $4.84 annualized dividend and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.11%.
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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