
Motorola Solutions, Inc. (NYSE:MSI – Free Report) – Research analysts at Zacks Research increased their FY2027 earnings per share (EPS) estimates for shares of Motorola Solutions in a research note issued to investors on Tuesday, December 16th. Zacks Research analyst Team now expects that the communications equipment provider will post earnings per share of $16.27 for the year, up from their prior forecast of $16.25. The consensus estimate for Motorola Solutions’ current full-year earnings is $13.55 per share.
Several other analysts have also recently commented on MSI. Evercore ISI increased their price target on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Piper Sandler reiterated a “neutral” rating and issued a $465.00 price objective (down from $495.00) on shares of Motorola Solutions in a research report on Friday, October 31st. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a research note on Monday, December 1st. Barclays cut their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Motorola Solutions in a report on Monday. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $495.00.
Motorola Solutions Stock Up 2.9%
Shares of NYSE MSI opened at $374.23 on Thursday. Motorola Solutions has a 12-month low of $359.36 and a 12-month high of $492.22. The firm’s 50-day simple moving average is $399.14 and its 200 day simple moving average is $427.38. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59. The company has a market cap of $62.33 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 2.90 and a beta of 0.99.
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, topping the consensus estimate of $3.85 by $0.21. Motorola Solutions had a return on equity of 118.48% and a net margin of 18.71%.The company had revenue of $3.01 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the prior year, the business earned $3.74 earnings per share. The business’s revenue for the quarter was up 7.8% on a year-over-year basis.
Hedge Funds Weigh In On Motorola Solutions
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Motorola Solutions by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider’s stock worth $10,139,015,000 after buying an additional 286,366 shares during the period. Capital World Investors grew 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 valued at $4,292,310,000 after acquiring an additional 490,354 shares during the period. State Street Corp increased its holdings in shares of Motorola Solutions by 1.3% in the second quarter. State Street Corp now owns 7,681,622 shares of the communications equipment provider’s stock worth $3,237,985,000 after acquiring an additional 101,408 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Motorola Solutions by 1.2% during the second quarter. Geode Capital Management LLC now owns 4,386,899 shares of the communications equipment provider’s stock worth $1,839,569,000 after purchasing an additional 51,474 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of Motorola Solutions by 0.9% during the 3rd quarter. Raymond James Financial Inc. now owns 3,433,482 shares of the communications equipment provider’s stock valued at $1,570,096,000 after purchasing an additional 31,744 shares in the last quarter. 84.17% of the stock is owned by institutional investors.
Motorola Solutions Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 15th will be paid a $1.21 dividend. The ex-dividend date of this dividend is Monday, December 15th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 annualized dividend and a yield of 1.3%. Motorola Solutions’s payout ratio is currently 38.84%.
About Motorola Solutions
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.
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