Thurston Springer Miller Herd & Titak Inc. Sells 1,148 Shares of Motorola Solutions, Inc. $MSI

Thurston Springer Miller Herd & Titak Inc. lowered its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 75.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 374 shares of the communications equipment provider’s stock after selling 1,148 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Motorola Solutions were worth $167,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Aristotle Capital Management LLC bought a new stake in Motorola Solutions during the 1st quarter worth approximately $983,432,000. Bank of New York Mellon Corp bought a new position in Motorola Solutions in the 2nd quarter valued at $374,617,000. Balyasny Asset Management L.P. boosted its holdings in Motorola Solutions by 9,067.3% in the 4th quarter. Balyasny Asset Management L.P. now owns 575,159 shares of the communications equipment provider’s stock valued at $220,470,000 after purchasing an additional 568,885 shares during the period. Bank of America Corp DE grew its position in shares of Motorola Solutions by 34.3% during the 1st quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock valued at $599,532,000 after purchasing an additional 352,679 shares in the last quarter. Finally, Man Group plc increased its holdings in shares of Motorola Solutions by 900.4% in the fourth quarter. Man Group plc now owns 389,373 shares of the communications equipment provider’s stock worth $149,254,000 after purchasing an additional 350,453 shares during the period. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Insider Activity at Motorola Solutions

In other news, SVP Kathryn Moore sold 1,004 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory Q. Brown sold 14,220 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the sale, the chief executive officer directly owned 66,648 shares of the company’s stock, valued at $32,338,942.56. The trade was a 17.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.28% of the company’s stock.

Motorola Solutions Price Performance

MSI traded up $2.24 during trading on Wednesday, reaching $451.25. The stock had a trading volume of 259,146 shares, compared to its average volume of 1,050,241. The stock has a market cap of $74.68 billion, a PE ratio of 35.49, a PEG ratio of 2.67 and a beta of 0.88. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.86 and a current ratio of 1.10. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $494.85. The business has a 50-day moving average of $464.31 and a 200-day moving average of $435.36.

Motorola Solutions (NYSE:MSI) last released its earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%. The company had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. During the same quarter in the previous year, the company posted $3.57 EPS. Motorola Solutions’s quarterly revenue was up 13.3% compared to the same quarter last year. 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. As a group, equities research analysts anticipate that Motorola Solutions, Inc. will post 15.87 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th will be paid a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, September 16th. Motorola Solutions’s payout ratio is 38.11%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSI. Raymond James Financial increased their price objective on Motorola Solutions from $530.00 to $550.00 in a research report on Thursday, August 6th. Northcoast Research lifted their price objective on Motorola Solutions from $510.00 to $525.00 in a research note on Thursday, August 27th. UBS Group boosted their target price on Motorola Solutions from $510.00 to $520.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their target price on Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Piper Sandler upped their target price on Motorola Solutions from $530.00 to $531.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions has an average rating of “Buy” and an average target price of $530.10.

About Motorola Solutions

Motorola Solutions, Inc is a technology company that provides communications, command center, video security and analytical solutions for public safety and commercial organizations. Its offerings are designed to help government agencies, first responders, enterprises and other organizations coordinate operations, manage incidents and improve security.

The company’s products and services include land mobile radio communications, broadband and software-based communications, computer-aided dispatch and records-management systems, video security and access-control technologies, and command center software.