Cullinan Associates Inc. grew its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 167.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,741 shares of the communications equipment provider’s stock after buying an additional 1,091 shares during the quarter. Cullinan Associates Inc.’s holdings in Motorola Solutions were worth $776,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of MSI. Whipplewood Advisors LLC lifted its stake in shares of Motorola Solutions by 1,966.7% during the 1st quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider’s stock worth $27,000 after acquiring an additional 59 shares during the last quarter. Western Wealth Management LLC purchased a new position in Motorola Solutions during the 1st quarter valued at $27,000. Field & Main Bank purchased a new position in Motorola Solutions during the 2nd quarter valued at $31,000. Lodestone Wealth Management LLC boosted its holdings in Motorola Solutions by 53.7% during the 3rd quarter. Lodestone Wealth Management LLC now owns 83 shares of the communications equipment provider’s stock valued at $37,000 after acquiring an additional 29 shares during the period. Finally, Essential Partners LLC grew its position in Motorola Solutions by 633.3% in the 1st quarter. Essential Partners LLC now owns 88 shares of the communications equipment provider’s stock valued at $38,000 after acquiring an additional 76 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.
Motorola Solutions Stock Down 0.6%
Shares of Motorola Solutions stock opened at $513.91 on Friday. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.10 and a quick ratio of 0.86. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $548.28. The firm’s 50-day moving average is $467.94 and its two-hundred day moving average is $441.87. The stock has a market cap of $84.96 billion, a price-to-earnings ratio of 41.34, a PEG ratio of 3.07 and a beta of 0.86.
Motorola Solutions (NYSE:MSI – Get Free Report) last posted its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 EPS for the quarter, beating analysts’ consensus estimates of $4.42 by $0.27. Motorola Solutions had a net margin of 16.54% and a return on equity of 94.49%. The business had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter last year, the firm posted $4.06 EPS. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. As a group, research analysts expect that Motorola Solutions, Inc. will post 15.91 earnings per share for the current fiscal year.
Motorola Solutions Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th were paid a dividend of $1.21 per share. The ex-dividend date was Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 0.9%. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.94%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on MSI shares. Barclays increased their target price on Motorola Solutions from $529.00 to $598.00 and gave the stock an “overweight” rating in a research note on Thursday. Raymond James Financial lifted their target price on Motorola Solutions from $530.00 to $550.00 in a research report on Thursday, August 6th. Morgan Stanley reissued an “overweight” rating and set a $476.00 target price (up from $470.00) on shares of Motorola Solutions in a research note on Thursday, August 6th. Truist Financial raised their price target on shares of Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Motorola Solutions from $545.00 to $570.00 and gave the company an “overweight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $545.70.
Get Our Latest Research Report on Motorola Solutions
Insider Activity at Motorola Solutions
In other Motorola Solutions news, CEO Gregory Brown sold 14,220 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the completion of the sale, the chief executive officer owned 66,648 shares in the company, valued at $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 available at the SEC website. Also, SVP Kathryn A. Moore sold 1,004 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the sale, the senior vice president owned 1,282 shares of the company’s stock, valued at approximately $611,462.72. This represents a 43.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.28% of the company’s stock.
Trending Headlines about Motorola Solutions
Here are the key news stories impacting Motorola Solutions this week:
- Positive Sentiment: Motorola beat third-quarter expectations, reporting adjusted EPS of $4.69 and revenue of $3.38 billion, with revenue up 12.2% year over year. Record orders and a $16.6 billion backlog supported the results, and the company raised its full-year 2026 guidance. Motorola Beats Q3 Earnings Estimates on Strong Demand, Record Orders
- Positive Sentiment: Several firms raised price targets after the results: Barclays to $598, and UBS and JPMorgan to $570, while maintaining favorable ratings. The revisions signal confidence in MSI’s earnings prospects. Analysts Offer Insights on Technology Companies
- Positive Sentiment: Recent coverage also points to growth potential and expanded AI features in Motorola’s devices, which could support demand for its communications and public-safety products. 3 Reasons Why Motorola Is a Great Growth Stock
- Neutral Sentiment: Despite the strong quarter and higher full-year outlook, reported quarterly revenue guidance came in slightly below expectations, a potential near-term restraint on sentiment. Motorola Solutions posts better-than-expected sales but quarterly guidance slightly misses
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.
Motorola Solutions serves customers around the world.
Read More
- Five stocks we like better than Motorola Solutions
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
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.
