Motorola Solutions, Inc. $MSI Stock: Danske Bank A S Grows Position

Danske Bank A S raised its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 16.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 180,641 shares of the communications equipment provider’s stock after purchasing an additional 25,278 shares during the period. Danske Bank A S owned 0.11% of Motorola Solutions worth $80,560,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Aristotle Capital Management LLC purchased a new stake in shares of Motorola Solutions during the 1st quarter valued at $983,432,000. Bank of New York Mellon Corp acquired a new position in Motorola Solutions in the second quarter valued at $374,617,000. Bank of America Corp DE grew its position in Motorola Solutions by 34.3% during the first quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock valued at $599,532,000 after acquiring an additional 352,679 shares during the period. State Street Corp grew its position 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 acquiring an additional 323,725 shares during the period. Finally, SEB Asset Management AB acquired a new stake in Motorola Solutions during the first quarter worth about $112,734,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP James Niewiara sold 2,086 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $522.35, for a total value of $1,089,622.10. Following the transaction, the senior vice president directly owned 18,398 shares of the company’s stock, valued at $9,610,195.30. This represents a 10.18% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Rajan Naik sold 10,005 shares of the company’s stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $512.43, for a total value of $5,126,862.15. Following the completion of the transaction, the senior vice president directly owned 12,563 shares in the company, valued at approximately $6,437,658.09. The trade was a 44.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 221,418 shares of company stock worth $114,247,736 over the last ninety days. Company insiders own 1.28% of the company’s stock.

Motorola Solutions Stock Up 0.2%

Motorola Solutions stock traded up $1.10 during midday trading on Friday, hitting $531.50. 662,143 shares of the stock were exchanged, compared to its average volume of 1,201,803. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $548.28. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.10 and a quick ratio of 0.85. The firm has a market cap of $87.87 billion, a P/E ratio of 42.76, a P/E/G ratio of 2.85 and a beta of 0.86. The company has a 50 day moving average price of $472.72 and a two-hundred day moving average price of $445.13.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, beating the consensus estimate of $4.42 by $0.27. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same period last year, the firm earned $4.06 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. On average, sell-side analysts predict that Motorola Solutions, Inc. will post 16.08 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

MSI has been the topic of a number of research reports. Truist Financial raised their price objective on Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a report on Thursday, November 5th. Raymond James Financial boosted their target price on Motorola Solutions from $530.00 to $550.00 in a report on Thursday, August 6th. Evercore increased their target price on shares of Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. JPMorgan Chase & Co. raised their price target on shares of Motorola Solutions from $545.00 to $570.00 and gave the company an “overweight” rating in a report on Thursday, November 5th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $533.00 price target (up from $531.00) on shares of Motorola Solutions in a research report on Thursday, November 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $545.70.

Key Stories Impacting Motorola Solutions

Investors following MSI have been watching these stories:

• Positive Sentiment: A recent analysis points to strong cash-flow growth, a supportive fundamental signal for Motorola Solutions. Motorola Solutions stock valuation and cash flow analysis
• Negative Sentiment: The same analysis argues MSI still looks overvalued despite that cash-flow growth, suggesting its valuation may limit upside. Motorola Solutions stock valuation and cash flow analysis
• Negative Sentiment: CEO Gregory Brown sold 40,000 shares on Nov. 9 and another 25,000 on Nov. 10, leaving him with 66,769 shares directly owned. The sales—alongside separate reports of multimillion-dollar stock sales by other senior executives—could raise investor concerns, though insider sales alone do not establish a negative outlook. Motorola Solutions insider trading report CFO stock sale report COO stock sale report SVP stock sale report

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.