Nebula Research & Development LLC Buys New Shares in Motorola Solutions, Inc. $MSI

Nebula Research & Development LLC purchased a new position in shares of Motorola Solutions, Inc. (NYSE:MSI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,834 shares of the communications equipment provider’s stock, valued at approximately $2,453,000.

Other large investors have also added to or reduced their stakes in the company. Signature Resources Capital Management LLC purchased a new position in shares of Motorola Solutions in the second quarter worth about $25,000. Saudi Central Bank acquired a new position in Motorola Solutions in the 1st quarter worth approximately $29,000. Whipplewood Advisors LLC raised its position in Motorola Solutions by 289.5% during the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider’s stock worth $31,000 after buying an additional 55 shares during the last quarter. Rossby Financial LCC raised its position in Motorola Solutions by 148.6% during the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock worth $37,000 after buying an additional 52 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in Motorola Solutions during the 2nd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.7%

Shares of NYSE:MSI opened at $368.12 on Friday. The business’s 50 day moving average price is $406.41 and its 200-day moving average price is $428.76. Motorola Solutions, Inc. has a 1 year low of $365.40 and a 1 year high of $492.22. The firm has a market capitalization of $61.31 billion, a price-to-earnings ratio of 29.54, a price-to-earnings-growth ratio of 2.96 and a beta of 0.99. The company has a debt-to-equity ratio of 3.59, a current ratio of 1.03 and a quick ratio of 0.86.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share for the quarter, topping analysts’ consensus estimates of $3.85 by $0.21. The company had revenue of $3.01 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the business posted $3.74 earnings per share. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be given a dividend of $1.21 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. This represents a $4.84 annualized dividend and a dividend yield of 1.3%. Motorola Solutions’s payout ratio is currently 34.99%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of research reports. Piper Sandler reiterated a “neutral” rating and issued a $465.00 price objective (down previously from $495.00) on shares of Motorola Solutions in a research note on Friday, October 31st. Northcoast Research raised shares of Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price target on the stock in a report on Monday, December 1st. Weiss Ratings lowered Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Barclays decreased their price objective on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Evercore ISI raised their target price on Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $495.00.

Motorola Solutions Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.