The Manufacturers Life Insurance Company boosted its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 0.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 284,829 shares of the communications equipment provider’s stock after buying an additional 2,047 shares during the period. The Manufacturers Life Insurance Company’s holdings in Motorola Solutions were worth $118,287,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. California State Teachers Retirement System boosted its stake in Motorola Solutions by 41,102.0% during the second quarter. California State Teachers Retirement System now owns 106,656,854 shares of the communications equipment provider’s stock worth $44,293,525,000 after buying an additional 106,397,991 shares during the period. Norges Bank purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at approximately $942,542,000. Aristotle Capital Management LLC acquired a new position in shares of Motorola Solutions in the 1st quarter worth approximately $983,432,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Motorola Solutions by 11,507.4% in the 4th 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. Finally, Bank of New York Mellon Corp purchased a new position in shares of Motorola Solutions during the 2nd quarter worth approximately $374,617,000. Institutional investors and hedge funds own 84.17% of the company’s stock.
Insider Transactions at Motorola Solutions
In related news, CEO Gregory Brown sold 14,220 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 66,648 shares in the company, valued at approximately $32,338,942.56. This represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Kathryn A. Moore sold 1,004 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $476.96, for a total transaction of $478,867.84. Following the completion of the sale, the senior vice president directly owned 1,282 shares in the company, valued at approximately $611,462.72. This trade represents a 43.92% decrease in their position. The SEC filing for this sale provides additional information. 1.28% of the stock is owned by company insiders.
Motorola Solutions Stock Performance
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. The business had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.The company’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 15.87 earnings per share for the current fiscal year.
Motorola Solutions Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th will be given a $1.21 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.11%.
Analysts Set New Price Targets
MSI has been the subject of several research reports. JPMorgan Chase & Co. lifted their target price on shares of Motorola Solutions from $525.00 to $545.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Bank of America restated a “buy” rating on shares of Motorola Solutions in a research note on Thursday, August 6th. Truist Financial raised their price target on Motorola Solutions from $525.00 to $545.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. UBS Group lifted their price objective on Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Piper Sandler boosted their price objective on Motorola Solutions from $503.00 to $530.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $519.44.
Check Out Our Latest Stock Report on MSI
Motorola Solutions Company Profile
Motorola Solutions, Inc develops mission-critical communications and technology solutions for public safety organizations, government agencies and commercial enterprises. Its offerings include land mobile radio systems, broadband communications, command-center software, computer-aided dispatch, records management, evidence management and emergency call-handling technologies.
The company also provides video security and access-control solutions, including body-worn cameras, in-car video systems, fixed video surveillance and related analytics.
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