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

M Holdings Securities Inc. acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 1,252 shares of the communications equipment provider’s stock, valued at approximately $605,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. State Street Corp grew its position in Motorola Solutions by 4.3% in 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 purchasing an additional 323,725 shares during the last quarter. Aristotle Capital Management LLC acquired a new stake in shares of Motorola Solutions in the first quarter valued at approximately $983,432,000. Amundi increased its stake in shares of Motorola Solutions by 1.9% in the first quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock valued at $694,565,000 after purchasing an additional 30,264 shares during the period. Bank of America Corp DE raised its holdings in shares of 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 buying an additional 352,679 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings 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 valued at $539,958,000 after buying an additional 59,294 shares during the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Rajan Naik sold 10,005 shares of the firm’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $512.43, for a total transaction of $5,126,862.15. Following the completion of the transaction, the senior vice president owned 12,563 shares of the company’s stock, valued at $6,437,658.09. This trade represents a 44.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO John P. Molloy sold 40,982 shares of Motorola Solutions stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $514.45, for a total value of $21,083,189.90. Following the transaction, the chief operating officer directly owned 69,330 shares in the company, valued at approximately $35,666,818.50. The trade was a 37.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 156,418 shares of company stock worth $80,087,836. 1.28% of the stock is owned by corporate insiders.

Motorola Solutions Price Performance

Shares of NYSE:MSI opened at $526.89 on Wednesday. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $548.28. The stock has a market cap of $87.11 billion, a price-to-earnings ratio of 42.39, a PEG ratio of 2.87 and a beta of 0.86. The stock’s 50 day moving average price is $469.63 and its 200 day moving average price is $443.19. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.10 and a quick ratio of 0.85.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.42 by $0.27. The firm had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.26 billion. Motorola Solutions had a return on equity of 94.49% and a net margin of 16.54%. The firm’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the company posted $4.06 EPS. Equities research analysts anticipate that Motorola Solutions, Inc. will post 15.91 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Truist Financial boosted their price objective on Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a research report on Thursday, November 5th. Bank of America reissued a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. UBS Group raised their target price on Motorola Solutions from $520.00 to $570.00 and gave the company a “buy” rating in a research report on Thursday, November 5th. JPMorgan Chase & Co. lifted their target price on Motorola Solutions from $545.00 to $570.00 and gave the company an “overweight” rating in a research note on Thursday, November 5th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $533.00 target price (up from $531.00) on shares of Motorola Solutions in a research note on Thursday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and a consensus target price of $545.70.

Key Motorola Solutions News

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

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.