Motorola Solutions, Inc. $MSI Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp cut its position in Motorola Solutions, Inc. (NYSE:MSI) by 8.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,429 shares of the communications equipment provider’s stock after selling 4,442 shares during the quarter. Fifth Third Bancorp’s holdings in Motorola Solutions were worth $22,490,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Maryland State Retirement & Pension System lifted its stake in Motorola Solutions by 15.5% during the third quarter. Maryland State Retirement & Pension System now owns 10,289 shares of the communications equipment provider’s stock worth $4,589,000 after purchasing an additional 1,379 shares during the last quarter. Ritholtz Wealth Management increased its stake in Motorola Solutions by 1.9% during the third quarter. Ritholtz Wealth Management now owns 4,060 shares of the communications equipment provider’s stock valued at $1,810,000 after purchasing an additional 74 shares during the last quarter. First Command Advisory Services Inc. increased its stake in Motorola Solutions by 253.2% during the third quarter. First Command Advisory Services Inc. now owns 1,049 shares of the communications equipment provider’s stock valued at $469,000 after purchasing an additional 752 shares during the last quarter. Machina Capital S.A.S. increased its stake in Motorola Solutions by 108.9% during the third quarter. Machina Capital S.A.S. now owns 12,579 shares of the communications equipment provider’s stock valued at $5,610,000 after purchasing an additional 6,557 shares during the last quarter. Finally, Bahl & Gaynor LLC raised its holdings in shares of Motorola Solutions by 9.6% during the third quarter. Bahl & Gaynor LLC now owns 398,125 shares of the communications equipment provider’s stock worth $177,552,000 after purchasing an additional 34,851 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Recent Motorola Solutions Headlines

Investors following MSI have been watching these headlines:

• Positive Sentiment: A recent analysis points to strong cash-flow growth, a supportive fundamental signal for Motorola Solutions. Motorola Solutions stock valuation and cash flow analysis
• Negative Sentiment: The same analysis argues MSI still looks overvalued despite that cash-flow growth, suggesting its valuation may limit upside. Motorola Solutions stock valuation and cash flow analysis
• Negative Sentiment: CEO Gregory Brown sold 40,000 shares on Nov. 9 and another 25,000 on Nov. 10, leaving him with 66,769 shares directly owned. The sales—alongside separate reports of multimillion-dollar stock sales by other senior executives—could raise investor concerns, though insider sales alone do not establish a negative outlook. Motorola Solutions insider trading report CFO stock sale report COO stock sale report SVP stock sale report

Insider Activity

In related news, CFO Jason Winkler sold 7,552 shares of the stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $529.12, for a total transaction of $3,995,914.24. Following the completion of the sale, the chief financial officer directly owned 11,319 shares of the company’s stock, valued at approximately $5,989,109.28. This represents a 40.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Rajan Naik sold 10,005 shares of the stock in a transaction on Friday, November 6th. The stock was sold at an average price of $512.43, for a total transaction of $5,126,862.15. Following the transaction, the senior vice president owned 12,563 shares of the company’s stock, valued at $6,437,658.09. The trade was a 44.33% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 221,418 shares of company stock worth $114,247,736. Corporate insiders own 1.28% of the company’s stock.

Analyst Ratings Changes

MSI has been the topic of a number of analyst reports. Bank of America reaffirmed a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 6th. Northcoast Research boosted their target price on shares of Motorola Solutions from $510.00 to $525.00 in a research note on Thursday, August 27th. Piper Sandler restated an “overweight” rating and issued a $533.00 target price (up from $531.00) on shares of Motorola Solutions in a research report on Thursday, November 5th. Morgan Stanley restated an “overweight” rating and issued a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a research note on Thursday, August 6th. Finally, Zacks Research downgraded Motorola Solutions from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $545.70.

Motorola Solutions Stock Performance

Shares of NYSE MSI opened at $531.50 on Friday. The business’s 50-day simple moving average is $472.72 and its 200-day simple moving average is $445.13. The company has a debt-to-equity ratio of 3.03, a quick ratio of 0.85 and a current ratio of 1.10. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $548.28. The firm has a market cap of $87.87 billion, a price-to-earnings ratio of 34.96, a P/E/G ratio of 2.85 and a beta of 0.86.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.42 by $0.27. The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.26 billion. Motorola Solutions had a net margin of 16.54% and a return on equity of 94.49%. Motorola Solutions’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.06 earnings per share. As a group, equities research analysts expect that Motorola Solutions, Inc. will post 16.08 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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 yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions’s payout ratio is currently 38.94%.

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.