Peapack Gladstone Financial Corp Decreases Stake in Motorola Solutions, Inc. $MSI

Peapack Gladstone Financial Corp lowered its position in Motorola Solutions, Inc. (NYSE:MSI) by 95.8% in the fourth quarter, Holdings Channel reports. The fund owned 690 shares of the communications equipment provider’s stock after selling 15,744 shares during the period. Peapack Gladstone Financial Corp’s holdings in Motorola Solutions were worth $264,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in MSI. Norges Bank purchased a new position in Motorola Solutions in the fourth quarter worth approximately $942,542,000. Northwestern Mutual Wealth Management Co. lifted its stake in Motorola Solutions by 11,507.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,192,196 shares of the communications equipment provider’s stock worth $456,993,000 after acquiring an additional 1,181,925 shares during the last quarter. Ninety One UK Ltd lifted its stake in Motorola Solutions by 74.3% in the fourth quarter. Ninety One UK Ltd now owns 1,338,589 shares of the communications equipment provider’s stock worth $513,108,000 after acquiring an additional 570,712 shares during the last quarter. Capital World Investors lifted its stake in Motorola Solutions by 5.5% in the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock worth $4,292,310,000 after acquiring an additional 490,354 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in Motorola Solutions by 56.6% in the third quarter. Victory Capital Management Inc. now owns 1,203,661 shares of the communications equipment provider’s stock worth $550,422,000 after acquiring an additional 435,178 shares during the last quarter. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Piper Sandler boosted their price objective on shares of Motorola Solutions from $499.00 to $503.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Barclays boosted their price objective on shares of Motorola Solutions from $506.00 to $509.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Raymond James Financial restated an “outperform” rating and set a $530.00 price objective on shares of Motorola Solutions in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $504.67.

Motorola Solutions Stock Up 0.8%

Shares of NYSE:MSI opened at $411.81 on Friday. The company has a market capitalization of $68.36 billion, a PE ratio of 33.18, a P/E/G ratio of 2.84 and a beta of 0.89. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The firm has a 50 day simple moving average of $424.71 and a 200-day simple moving average of $415.38.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, May 7th. The communications equipment provider reported $3.37 earnings per share for the quarter, topping the consensus estimate of $3.24 by $0.13. Motorola Solutions had a net margin of 17.61% and a return on equity of 100.13%. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the firm earned $3.18 EPS. The company’s revenue was up 7.4% compared to the same quarter last year. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. On average, equities analysts predict that Motorola Solutions, Inc. will post 15.17 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th will be given a $1.21 dividend. The ex-dividend date is Wednesday, June 17th. This represents a $4.84 annualized dividend and a yield of 1.2%. Motorola Solutions’s dividend payout ratio is 39.00%.

About Motorola Solutions

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.