ICICI Prudential Asset Management Co Ltd Acquires New Stake in Motorola Solutions, Inc. $MSI

ICICI Prudential Asset Management Co Ltd acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 11,050 shares of the communications equipment provider’s stock, valued at approximately $4,236,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Strategic Advocates LLC purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at $28,000. JPL Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the 3rd quarter valued at $31,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of Motorola Solutions in the 4th quarter valued at $28,000. Orion Capital Management LLC increased its holdings in Motorola Solutions by 46.3% during the 4th quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 25 shares during the period. Finally, Harbor Investment Advisory LLC increased its holdings in Motorola Solutions by 45.8% during the 4th quarter. Harbor Investment Advisory LLC now owns 86 shares of the communications equipment provider’s stock worth $33,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on MSI. JPMorgan Chase & Co. upped their price target on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley restated an “overweight” rating and set a $470.00 price target on shares of Motorola Solutions in a report on Thursday, February 12th. Truist Financial cut their price target on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Evercore restated an “outperform” rating on shares of Motorola Solutions in a report on Monday, June 1st. Finally, Raymond James Financial restated an “outperform” rating and set a $530.00 price target on shares of Motorola Solutions in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $504.67.

Motorola Solutions Trading Down 0.2%

NYSE:MSI opened at $410.80 on Friday. The stock has a 50-day simple moving average of $421.81 and a 200-day simple moving average of $416.78. The stock has a market cap of $68.19 billion, a P/E ratio of 33.10, a P/E/G ratio of 2.87 and a beta of 0.89. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22. The company has a debt-to-equity ratio of 3.28, a quick ratio of 0.86 and a current ratio of 1.07.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Thursday, May 7th. The communications equipment provider reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.24 by $0.13. The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.18 EPS. 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. As a group, analysts anticipate that Motorola Solutions, Inc. will post 15.17 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm 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 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, June 17th. Motorola Solutions’s dividend payout ratio is currently 39.00%.

Motorola Solutions Profile

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.