1,252 Shares of Motorola Solutions, Inc. $MSI Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. purchased a new position in Motorola Solutions, Inc. (NYSE:MSI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,252 shares of the communications equipment provider’s stock, valued at approximately $605,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp raised its stake in Motorola Solutions by 4.3% during the second quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock valued at $3,269,332,000 after buying an additional 323,725 shares in the last quarter. Aristotle Capital Management LLC bought a new position in Motorola Solutions during the 1st quarter worth approximately $983,432,000. Amundi lifted its holdings in Motorola Solutions by 1.9% during the 1st quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock worth $694,565,000 after buying an additional 30,264 shares during the last quarter. Bank of America Corp DE lifted its holdings in Motorola Solutions by 34.3% during the 1st quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock worth $599,532,000 after buying an additional 352,679 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Motorola Solutions by 5.0% during the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock worth $539,958,000 after buying an additional 59,294 shares during the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $526.89 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 3.03. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $548.28. The firm has a 50-day simple moving average of $469.63 and a 200 day simple moving average of $443.19. The company has a market cap of $87.11 billion, a PE ratio of 42.39, a P/E/G ratio of 2.87 and a beta of 0.86.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, topping the consensus estimate of $4.42 by $0.27. Motorola Solutions had a net margin of 16.54% and a return on equity of 94.49%. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.26 billion. During the same quarter in the prior year, the business earned $4.06 earnings per share. Motorola Solutions’s quarterly revenue was up 12.2% on a year-over-year basis. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 15.91 EPS for the current year.

Motorola Solutions Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently commented on MSI shares. Weiss Ratings lowered Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. Barclays upped their price target on Motorola Solutions from $529.00 to $598.00 and gave the company an “overweight” rating in a research report on Thursday, November 5th. Northcoast Research upped their price target on Motorola Solutions from $510.00 to $525.00 in a research report on Thursday, August 27th. Truist Financial raised their price objective on Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a research note on Thursday, November 5th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $476.00 price objective (up from $470.00) on shares of Motorola Solutions in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $545.70.

Insider Activity at Motorola Solutions

In other news, CFO Jason Winkler sold 9,609 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $513.06, for a total transaction of $4,929,993.54. Following the sale, the chief financial officer directly owned 11,319 shares in the company, valued at approximately $5,807,326.14. This represents a 45.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Rajan Naik sold 10,005 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $512.43, for a total value of $5,126,862.15. Following the sale, the senior vice president owned 12,563 shares in the company, valued at $6,437,658.09. The trade was a 44.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 156,418 shares of company stock valued at $80,087,836. 1.28% of the stock is owned by insiders.

Motorola Solutions News Summary

Here are the key news stories impacting Motorola Solutions this week:

• Positive Sentiment: Motorola Solutions beat Q3 earnings expectations, raised its guidance and reported a record backlog. Its shares gained roughly 7% following the results, contrasting with a sharp post-earnings decline for competitor Axon. Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
• Negative Sentiment: Several senior leaders reported selling shares in transactions on November 6 and 9. CEO Gregory Brown sold about 70,800 shares, while the CFO, COO and multiple senior vice presidents also reported sales—about 141,000 shares combined. Such sizable insider selling can concern investors, though the filings alone do not establish the reason for the sales. CEO Form 4 filing CFO Form 4 filing COO Form 4 filing

Motorola Solutions Company Profile

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.