Mutual Advisors LLC increased its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 10.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 591 shares of the communications equipment provider’s stock after buying an additional 55 shares during the quarter. Mutual Advisors LLC’s holdings in Motorola Solutions were worth $253,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the business. Deseret Mutual Benefit Administrators lifted its position in Motorola Solutions by 5.4% during the first quarter. Deseret Mutual Benefit Administrators now owns 471 shares of the communications equipment provider’s stock worth $206,000 after buying an additional 24 shares during the period. IFC Advisors LLC lifted its position in Motorola Solutions by 0.6% during the second quarter. IFC Advisors LLC now owns 4,043 shares of the communications equipment provider’s stock worth $1,700,000 after buying an additional 25 shares during the period. Trust Point Inc. lifted its position in Motorola Solutions by 3.9% during the second quarter. Trust Point Inc. now owns 692 shares of the communications equipment provider’s stock worth $291,000 after buying an additional 26 shares during the period. Hemington Wealth Management lifted its position in Motorola Solutions by 17.1% during the first quarter. Hemington Wealth Management now owns 185 shares of the communications equipment provider’s stock worth $80,000 after buying an additional 27 shares during the period. Finally, D.A. Davidson & CO. lifted its position in Motorola Solutions by 2.7% during the first quarter. D.A. Davidson & CO. now owns 1,079 shares of the communications equipment provider’s stock worth $473,000 after buying an additional 28 shares during the period. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Motorola Solutions Price Performance
MSI stock opened at $448.04 on Wednesday. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73. Motorola Solutions, Inc. has a 1 year low of $388.90 and a 1 year high of $507.82. The firm has a market cap of $74.64 billion, a P/E ratio of 36.07, a price-to-earnings-growth ratio of 3.59 and a beta of 0.97. The stock has a 50-day simple moving average of $464.26 and a 200-day simple moving average of $436.14.
Motorola Solutions Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Monday, September 15th were issued a $0.0109 dividend. The ex-dividend date of this dividend was Monday, September 15th. This represents a $0.04 annualized dividend and a yield of 0.0%. Motorola Solutions’s dividend payout ratio is currently 35.10%.
Insider Activity at Motorola Solutions
In other news, SVP James A. Niewiara sold 1,700 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $485.43, for a total transaction of $825,231.00. Following the transaction, the senior vice president owned 14,542 shares of the company’s stock, valued at approximately $7,059,123.06. This trade represents a 10.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Gregory Q. Brown sold 82,765 shares of the business’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $463.05, for a total value of $38,324,333.25. Following the completion of the sale, the chief executive officer directly owned 57,836 shares of the company’s stock, valued at approximately $26,780,959.80. This represents a 58.87% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 248,493 shares of company stock valued at $116,848,278. 1.44% of the stock is owned by insiders.
Wall Street Analyst Weigh In
A number of research firms have recently commented on MSI. Barclays cut their price objective on Motorola Solutions from $511.00 to $509.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. UBS Group raised their price objective on Motorola Solutions from $490.00 to $510.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Weiss Ratings restated a “buy (b)” rating on shares of Motorola Solutions in a report on Wednesday, October 8th. Wolfe Research began coverage on Motorola Solutions in a report on Monday, July 7th. They issued a “peer perform” rating on the stock. Finally, Piper Sandler began coverage on Motorola Solutions in a report on Tuesday, September 23rd. They issued a “neutral” rating and a $495.00 price objective on the stock. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $513.78.
View Our Latest Analysis on MSI
Motorola Solutions Company Profile
Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
Featured Stories
- Five stocks we like better than Motorola Solutions
- Trading Halts Explained
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
- Industrial Products Stocks Investing
- Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
- 2 Rising CRM Platform Stocks That Can Surge Higher in 2025
- Got 1K to Invest? These 3 Stocks Are Still Attractive Buys
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.