Motorola Solutions, Inc. $MSI Stock Position Increased by Vestor Capital LLC

Vestor Capital LLC increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 208.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,080 shares of the communications equipment provider’s stock after buying an additional 2,080 shares during the period. Vestor Capital LLC’s holdings in Motorola Solutions were worth $1,374,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MSI. Western Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at about $27,000. Field & Main Bank acquired a new stake in Motorola Solutions in the 2nd quarter valued at approximately $31,000. Lodestone Wealth Management LLC increased its position in Motorola Solutions by 53.7% in the 3rd quarter. Lodestone Wealth Management LLC now owns 83 shares of the communications equipment provider’s stock worth $37,000 after buying an additional 29 shares during the period. Essential Partners LLC increased its position in Motorola Solutions by 633.3% in the 1st quarter. Essential Partners LLC now owns 88 shares of the communications equipment provider’s stock worth $38,000 after buying an additional 76 shares during the period. Finally, GK Wealth Management LLC bought a new position in Motorola Solutions in the 3rd quarter worth approximately $45,000. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on MSI shares. UBS Group upped their price target on Motorola Solutions from $520.00 to $570.00 and gave the stock a “buy” rating in a report on Thursday, November 5th. JPMorgan Chase & Co. upped their price objective on shares of Motorola Solutions from $545.00 to $570.00 and gave the company an “overweight” rating in a research report on Thursday, November 5th. Zacks Research cut shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 18th. Piper Sandler reissued an “overweight” rating and set a $533.00 target price (up from $531.00) on shares of Motorola Solutions in a research report on Thursday, November 5th. Finally, Truist Financial boosted their price target on Motorola Solutions from $550.00 to $555.00 and gave the company a “buy” rating in a research note on Thursday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and a consensus price target of $545.70.

Motorola Solutions Stock Up 2.8%

NYSE MSI opened at $528.82 on Tuesday. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $548.28. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. The stock’s 50 day moving average is $468.79 and its two-hundred day moving average is $442.54. The company has a market capitalization of $87.51 billion, a price-to-earnings ratio of 42.54, a PEG ratio of 2.97 and a beta of 0.86.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.42 by $0.27. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.26 billion. Motorola Solutions had a net margin of 16.54% and a return on equity of 99.35%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.06 EPS. Equities analysts forecast that Motorola Solutions, Inc. will post 15.91 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were paid a dividend of $1.21 per share. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 0.9%. Motorola Solutions’s payout ratio is 38.94%.

Insider Activity

In other Motorola Solutions news, CEO Gregory Q. Brown sold 14,220 shares of the firm’s 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 transaction, the chief executive officer owned 66,648 shares in the company, valued at approximately $32,338,942.56. This trade represents a 17.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kathryn Moore sold 1,004 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $476.96, for a total transaction of $478,867.84. Following the completion of the transaction, the senior vice president directly owned 1,282 shares of the company’s stock, valued at $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. Corporate insiders own 1.28% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology.

The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.

Motorola Solutions serves customers around the world.