Zacks Research cut shares of Motorola Solutions (NYSE:MSI – Free Report) from a strong-buy rating to a hold rating in a research note released on Tuesday morning,Zacks.com reports.
Several other brokerages have also commented on MSI. Raymond James Financial reaffirmed an “outperform” rating and issued a $530.00 price objective on shares of Motorola Solutions in a research report on Friday, May 8th. Evercore reaffirmed an “outperform” rating on shares of Motorola Solutions in a report on Monday, June 1st. Truist Financial lifted their price objective on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Bank of America reissued a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. Finally, Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $516.67.
Read Our Latest Research Report on Motorola Solutions
Motorola Solutions Stock Up 2.3%
Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, beating analysts’ consensus estimates of $3.85 by $0.56. The company had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same period last year, the business posted $3.57 earnings per share. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Equities research analysts forecast that Motorola Solutions will post 15.87 EPS for the current fiscal year.
Motorola Solutions Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th will be given a $1.21 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio is 38.11%.
Institutional Investors Weigh In On Motorola Solutions
A number of institutional investors have recently modified their holdings of the business. Norges Bank acquired a new stake in Motorola Solutions in the fourth quarter valued at approximately $942,542,000. Aristotle Capital Management LLC acquired a new position in shares of Motorola Solutions during the 1st quarter worth approximately $983,432,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Motorola Solutions by 11,507.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,192,196 shares of the communications equipment provider’s stock valued at $456,993,000 after buying an additional 1,181,925 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Motorola Solutions during the 2nd quarter valued at approximately $374,617,000. Finally, Orbis Allan Gray Ltd grew its stake in Motorola Solutions by 95.6% in the 4th quarter. Orbis Allan Gray Ltd now owns 1,283,065 shares of the communications equipment provider’s stock valued at $491,824,000 after acquiring an additional 627,066 shares during the period. 84.17% of the stock is currently owned by institutional investors and hedge funds.
Motorola Solutions Company 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.
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