Motorola Solutions (NYSE:MSI) Stock: Insider James Niewiara Sells 180 Shares

Motorola Solutions, Inc. (NYSE:MSI) SVP James Niewiara sold 180 shares of the stock in a transaction that occurred on Friday, November 6th. The stock was sold at an average price of $515.16, for a total value of $92,728.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Motorola Solutions Stock Performance

Shares of NYSE MSI traded down $1.08 during trading on Tuesday, reaching $526.89. The stock had a trading volume of 1,248,996 shares, compared to its average volume of 1,067,217. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $548.28. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.86 and a current ratio of 1.10. The stock has a market cap of $87.20 billion, a PE ratio of 42.39, a P/E/G ratio of 2.97 and a beta of 0.86. The firm’s 50 day moving average price is $468.79 and its two-hundred day moving average price is $442.54.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.42 by $0.27. Motorola Solutions had a return on equity of 99.35% and a net margin of 16.54%. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.26 billion. During the same period in the prior year, the company posted $4.06 EPS. The business’s revenue was up 12.2% compared to the same quarter last year. On average, research analysts forecast that Motorola Solutions, Inc. will post 15.91 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th were issued a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions’s dividend payout ratio is 38.94%.

Hedge Funds Weigh In On Motorola Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp increased its holdings in shares of Motorola Solutions by 4.3% in the 2nd quarter. State Street Corp now owns 7,849,952 shares of the communications equipment provider’s stock worth $3,269,332,000 after acquiring an additional 323,725 shares during the period. Aristotle Capital Management LLC acquired a new position in Motorola Solutions during the 1st quarter valued at about $983,432,000. Amundi boosted its position in shares of Motorola Solutions by 1.9% during the first quarter. Amundi now owns 1,600,491 shares of the communications equipment provider’s stock worth $694,565,000 after buying an additional 30,264 shares during the period. Bank of America Corp DE increased its holdings in shares of Motorola Solutions by 34.3% during the first 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 during the period. Finally, Janus Henderson Group PLC raised its position in shares of Motorola Solutions by 5.0% during the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider’s stock worth $539,958,000 after buying an additional 59,294 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on MSI. Morgan Stanley reaffirmed an “overweight” rating and issued a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a report on Thursday, August 6th. Truist Financial raised their target price on shares of Motorola Solutions from $550.00 to $555.00 and gave the stock a “buy” rating in a report on Thursday, November 5th. Evercore lifted their target price on Motorola Solutions from $525.00 to $550.00 in a research note on Thursday, October 8th. Northcoast Research upped their target price on Motorola Solutions from $510.00 to $525.00 in a report on Thursday, August 27th. Finally, Zacks Research lowered Motorola Solutions from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Motorola Solutions has a consensus rating of “Buy” and a consensus target price of $545.70.

Trending Headlines about Motorola Solutions

Here are the key news stories impacting Motorola Solutions this week:

• Positive Sentiment: Motorola Solutions beat Q3 earnings and revenue expectations, raised its outlook, and reported a record backlog. The company’s shares gained roughly 7% following results, while rival Axon fell after missing earnings and giving cautious guidance. Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
• Negative Sentiment: Several senior leaders disclosed substantial share sales executed November 6–9. CEO Gregory Q. Brown sold 70,780 shares—about 51% of his reported stake—and the CFO and COO also made sizable sales. The clustered insider selling could raise concerns about executive confidence, although sales alone do not establish the executives’ motives. CEO SEC filing

Motorola Solutions Company Profile

Motorola Solutions, Inc. provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology. The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.