Summit Global Investments trimmed its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 26.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,027 shares of the communications equipment provider’s stock after selling 1,833 shares during the quarter. Summit Global Investments’ holdings in Motorola Solutions were worth $2,242,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in MSI. State Street Corp lifted its position in shares of Motorola Solutions by 4.3% in 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 in the last quarter. Aristotle Capital Management LLC purchased a new stake in Motorola Solutions during the 1st quarter worth about $983,432,000. Amundi increased its position 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 purchasing an additional 30,264 shares in the last quarter. Bank of America Corp DE increased its position 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 purchasing an additional 352,679 shares in the last quarter. Finally, Janus Henderson Group PLC raised its stake in Motorola Solutions by 5.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock valued at $539,958,000 after purchasing an additional 59,294 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Motorola Solutions
In other Motorola Solutions news, SVP Kathryn Moore sold 1,004 shares of Motorola Solutions stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the completion of the sale, the senior vice president owned 1,282 shares in the company, valued at $611,462.72. The trade was a 43.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory Q. Brown sold 14,220 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the transaction, the chief executive officer directly owned 66,648 shares of the company’s stock, valued at approximately $32,338,942.56. This represents a 17.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.28% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on MSI. Northcoast Research boosted their target price on shares of Motorola Solutions from $510.00 to $525.00 in a research note on Thursday, August 27th. Barclays raised their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Bank of America reiterated a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. Zacks Research lowered shares of Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. Finally, Evercore boosted their price objective on shares of Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and an average price target of $530.10.
View Our Latest Stock Analysis on MSI
Motorola Solutions Price Performance
MSI stock opened at $491.23 on Friday. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $499.00. The stock’s fifty day simple moving average is $466.30 and its 200-day simple moving average is $439.19. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13. The stock has a market capitalization of $81.29 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 2.94 and a beta of 0.88.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, beating analysts’ consensus estimates of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.57 earnings per share. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Equities research analysts expect that Motorola Solutions, Inc. will post 15.87 EPS for the current year.
Motorola Solutions Dividend Announcement
The firm also recently declared 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 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions’s dividend payout ratio (DPR) is presently 38.11%.
Motorola Solutions Profile
Motorola Solutions, Inc provides mission-critical communications, public safety, and enterprise security technologies. The company develops products and services that help governments, law enforcement agencies, emergency responders, commercial organizations, and other institutions coordinate operations, protect people, and manage critical events.
Its portfolio includes two-way radios and broadband communication systems, command center software, computer-aided dispatch and records management solutions, video security and analytics, access control, and cybersecurity services.
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