Norges Bank acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the 4th quarter, Holdings Channel reports. The firm acquired 2,458,890 shares of the communications equipment provider’s stock, valued at approximately $942,542,000.
A number of other hedge funds also recently modified their holdings of the stock. Eurizon Capital SGR S.p.A. bought a new position in shares of Motorola Solutions in the fourth quarter worth $109,033,000. Fideuram Asset Management Ireland dac bought a new position in shares of Motorola Solutions in the fourth quarter worth $4,581,000. National Pension Service increased its position in shares of Motorola Solutions by 13.6% in the fourth quarter. National Pension Service now owns 468,255 shares of the communications equipment provider’s stock worth $179,492,000 after purchasing an additional 55,911 shares during the period. Rothschild Investment LLC increased its position in shares of Motorola Solutions by 4.5% in the fourth quarter. Rothschild Investment LLC now owns 1,963 shares of the communications equipment provider’s stock worth $752,000 after purchasing an additional 85 shares during the period. Finally, SBI Okasan Asset Management Co.Ltd. bought a new position in shares of Motorola Solutions in the fourth quarter worth $943,000. Institutional investors own 84.17% of the company’s stock.
Insider Activity
In other news, CEO Gregory Q. Brown sold 28,435 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total transaction of $13,590,508.25. Following the completion of the transaction, the chief executive officer directly owned 90,721 shares in the company, valued at $43,360,101.95. This trade represents a 23.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.28% of the stock is owned by company insiders.
Motorola Solutions Stock Performance
Motorola Solutions (NYSE:MSI – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The communications equipment provider reported $3.37 EPS 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 firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the firm posted $3.18 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. 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. Equities research analysts forecast that Motorola Solutions, Inc. will post 15.17 EPS for the current year.
Motorola Solutions Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, June 17th will be given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, June 17th. Motorola Solutions’s dividend payout ratio (DPR) is 39.00%.
Analysts Set New Price Targets
MSI has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised their price target on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Weiss Ratings lowered Motorola Solutions from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Raymond James Financial reaffirmed an “outperform” rating and issued a $530.00 price objective on shares of Motorola Solutions in a research note on Friday, May 8th. Argus raised Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of “Buy” and an average target price of $504.67.
Read Our Latest Stock Analysis on MSI
About Motorola Solutions
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.
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