Motorola Solutions, Inc. $MSI Shares Acquired by Machina Capital S.A.S.

Machina Capital S.A.S. increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 108.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,579 shares of the communications equipment provider’s stock after purchasing an additional 6,557 shares during the period. Motorola Solutions accounts for 0.7% of Machina Capital S.A.S.’s portfolio, making the stock its 16th largest holding. Machina Capital S.A.S.’s holdings in Motorola Solutions were worth $5,610,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of MSI. State Street Corp lifted its holdings in Motorola Solutions by 4.3% during the 2nd quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock worth $3,269,332,000 after buying an additional 323,725 shares in the last quarter. Aristotle Capital Management LLC acquired a new stake in shares of Motorola Solutions in the 1st quarter valued at $983,432,000. Amundi increased its stake in shares of Motorola Solutions by 1.9% in the 1st quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock valued at $694,565,000 after buying an additional 30,264 shares during the period. Bank of America Corp DE increased its stake in shares of Motorola Solutions by 34.3% in the 1st 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 buying an additional 352,679 shares during the period. Finally, Janus Henderson Group PLC raised its position in shares of Motorola Solutions by 5.0% during the first quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock worth $539,958,000 after acquiring an additional 59,294 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Key Headlines Impacting Motorola Solutions

These are some of the MSI headlines that stood out recently:

• Positive Sentiment: Motorola Solutions beat third-quarter earnings and revenue estimates, raised its guidance and reported a record backlog. Shares rose about 7% after the results, supporting the recent move to a 52-week high. Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings? Motorola Solutions Reaches a Fresh 52-Week High
• Negative Sentiment: Multiple senior executives sold shares in transactions on November 6 and 9. CEO Gregory Brown sold about 70,800 shares; the CFO and COO also made sizable sales, alongside SVP sales including a roughly $1.1 million transaction. The scale of these sales could weigh on sentiment, although the filings do not explain the reasons. Motorola Solutions Insider Trades Motorola Solutions Insider Sells $1.1 Million in Stock

Motorola Solutions Price Performance

Motorola Solutions stock opened at $535.30 on Thursday. The company has a current ratio of 1.10, a quick ratio of 0.85 and a debt-to-equity ratio of 3.03. The firm has a market capitalization of $88.50 billion, a P/E ratio of 34.76, a PEG ratio of 2.87 and a beta of 0.86. The business has a 50-day moving average of $470.50 and a 200-day moving average of $443.85. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $548.28.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share for the quarter, beating analysts’ consensus estimates of $4.42 by $0.27. Motorola Solutions had a net margin of 16.54% and a return on equity of 94.49%. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same period last year, the company posted $4.06 EPS. Motorola Solutions’s revenue for the quarter was up 12.2% on a year-over-year basis. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 15.90 EPS for the current year.

Motorola Solutions Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Evercore upped their price target on Motorola Solutions from $525.00 to $550.00 in a research note on Thursday, October 8th. Zacks Research cut Motorola Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $545.00 to $570.00 and gave the stock an “overweight” rating in a research report on Thursday, November 5th. Weiss Ratings cut Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Finally, Piper Sandler reissued an “overweight” rating and set a $533.00 price objective (up from $531.00) on shares of Motorola Solutions in a report on Thursday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $545.70.

Insider Transactions at Motorola Solutions

In other news, CFO Jason J. Winkler sold 7,552 shares of Motorola Solutions stock in a transaction on Monday, November 9th. The shares were sold at an average price of $529.12, for a total transaction of $3,995,914.24. Following the transaction, the chief financial officer directly owned 11,319 shares of the company’s stock, valued at $5,989,109.28. This trade represents a 40.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP James A. Niewiara sold 2,086 shares of the business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $522.35, for a total transaction of $1,089,622.10. Following the completion of the transaction, the senior vice president directly owned 18,398 shares of the company’s stock, valued at $9,610,195.30. This trade represents a 10.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 156,418 shares of company stock valued at $80,087,836. 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.