Evercore Issues Positive Forecast for Motorola Solutions (NYSE:MSI) Stock Price

Key Points

• Evercore raised Motorola Solutions’ price target to $550 from $525, implying 23.85% upside from the previous close. Analysts overall maintain a “Buy” consensus with an average target of $530.10.
• Motorola Solutions exceeded quarterly expectations, reporting $4.41 in EPS versus the $3.85 estimate and $3.13 billion in revenue, up 13.3% year over year.
• Company insiders sold shares, including CEO Gregory Q. Brown’s $6.9 million transaction, while institutional investors own a substantial 84.17% of the outstanding stock.

Motorola Solutions (NYSE:MSI - Get Free Report) had its price target increased by equities research analysts at Evercore from $525.00 to $550.00 in a research report issued to clients and investors on Thursday. Evercore's price objective points to a potential upside of 23.85% from the stock's previous close.

Several other equities analysts also recently weighed in on the company. Piper Sandler raised their price target on Motorola Solutions from $530.00 to $531.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 22nd. Morgan Stanley restated an "overweight" rating and issued a $476.00 price objective (up from $470.00) on shares of Motorola Solutions in a research report on Thursday, August 6th. Barclays lifted their price objective on Motorola Solutions from $509.00 to $529.00 and gave the stock an "overweight" rating in a research report on Thursday, August 6th. UBS Group boosted their target price on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Finally, Weiss Ratings raised shares of Motorola Solutions from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $530.10.

Motorola Solutions Stock Down 0.7%

Shares of NYSE MSI opened at $444.08 on Thursday. Motorola Solutions has a 12-month low of $359.36 and a 12-month high of $494.85. The company has a market capitalization of $73.49 billion, a PE ratio of 34.97, a price-to-earnings-growth ratio of 2.67 and a beta of 0.88. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.10 and a quick ratio of 0.86. The firm's 50-day moving average is $464.03 and its two-hundred day moving average is $435.59.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data 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 net margin of 17.44% and a return on equity of 98.22%. The business had revenue of $3.13 billion during the quarter, compared to analysts' expectations of $3 billion. During the same period last year, the company posted $3.57 EPS. The company's revenue was up 13.3% on a year-over-year basis. 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 analysts anticipate that Motorola Solutions will post 15.87 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Kathryn Moore sold 1,004 shares of the company's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $476.96, for a total value of $478,867.84. Following the completion of the transaction, the senior vice president directly owned 1,282 shares in the company, 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 the SEC website. Also, CEO Gregory Q. Brown sold 14,220 shares of the company's stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total value of $6,899,828.40. Following the completion of the transaction, the chief executive officer owned 66,648 shares of the company's stock, valued at $32,338,942.56. The trade was a 17.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.28% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of MSI. Whipplewood Advisors LLC lifted its stake in shares of Motorola Solutions by 1,966.7% in the 1st quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider's stock valued at $27,000 after purchasing an additional 59 shares in the last quarter. Western Wealth Management LLC purchased a new position in Motorola Solutions in the first quarter valued at approximately $27,000. Physician Wealth Advisors Inc. raised its holdings in Motorola Solutions by 540.0% in the first quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider's stock valued at $28,000 after buying an additional 54 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Motorola Solutions during the fourth quarter valued at approximately $27,000. Finally, HHM Wealth Advisors LLC grew its stake in Motorola Solutions by 217.4% during the first quarter. HHM Wealth Advisors LLC now owns 73 shares of the communications equipment provider's stock worth $32,000 after buying an additional 50 shares during the period. Institutional investors and hedge funds own 84.17% of the company's stock.

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.

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