Knights of Columbus Asset Advisors LLC lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 25.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,036 shares of the communications equipment provider’s stock after selling 5,189 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Motorola Solutions were worth $5,764,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in MSI. Capital World Investors increased its position in Motorola Solutions by 5.5% in the 3rd quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock valued at $4,292,310,000 after acquiring an additional 490,354 shares during the period. Varma Mutual Pension Insurance Co increased its position in Motorola Solutions by 8.4% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 29,701 shares of the communications equipment provider’s stock valued at $13,582,000 after acquiring an additional 2,300 shares during the period. Barden Capital Management Inc. acquired a new position in Motorola Solutions in the 3rd quarter valued at about $1,462,000. Alps Advisors Inc. increased its position in Motorola Solutions by 180.3% in the 3rd quarter. Alps Advisors Inc. now owns 19,899 shares of the communications equipment provider’s stock valued at $9,100,000 after acquiring an additional 12,799 shares during the period. Finally, Wealthfront Advisers LLC increased its position in Motorola Solutions by 28.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 15,802 shares of the communications equipment provider’s stock valued at $7,226,000 after acquiring an additional 3,459 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on MSI. Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. Wall Street Zen cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Morgan Stanley restated an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a research report on Thursday, February 12th. Raymond James Financial restated an “outperform” rating and issued a $530.00 price target on shares of Motorola Solutions in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. One equities research 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’s stock. Based on data from MarketBeat, Motorola Solutions currently has a consensus rating of “Buy” and a consensus price target of $504.67.
Motorola Solutions Price Performance
Shares of MSI opened at $408.95 on Thursday. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The stock’s 50 day moving average is $430.64 and its two-hundred day moving average is $414.45. The firm has a market capitalization of $67.88 billion, a PE ratio of 32.95, a P/E/G ratio of 2.84 and a beta of 0.93. 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 (NYSE:MSI – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The communications equipment provider reported $3.37 earnings per share for the quarter, beating analysts’ consensus estimates of $3.24 by $0.13. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.The company had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter in the previous year, the company earned $3.18 EPS. The firm’s revenue for the quarter 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. Research analysts anticipate that Motorola Solutions, Inc. will post 15.25 earnings per share for the current year.
Motorola Solutions Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 17th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, June 17th. Motorola Solutions’s payout ratio is currently 39.00%.
Insiders Place Their Bets
In other Motorola Solutions news, CEO Gregory Q. Brown sold 28,435 shares of Motorola Solutions stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total value of $13,590,508.25. Following the sale, the chief executive officer owned 90,721 shares of the company’s stock, valued at approximately $43,360,101.95. The trade was a 23.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.28% of the company’s stock.
Motorola Solutions Profile
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.
Recommended Stories
- Five stocks we like better than Motorola Solutions
- Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
- TeraWulf Bets on Power Infrastructure to Lead AI Build-Out
- Amazon’s Alexa for Shopping Strengthens an Already Strong Bull Case
- Keysight: The AI and Defense Stock Seeing Big Price Target Boosts
Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Free Report).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
