6,602 Motorola Solutions, Inc. $MSI Shares Sold by Ninety One North America Inc.

Key Points

• Ninety One North America reduced its Motorola Solutions stake by 6.2% in the third quarter, selling 6,602 shares and retaining 99,898 shares valued at approximately $44.6 million. Institutional investors collectively own 84.17% of the company.
• Motorola Solutions reported quarterly EPS of $4.41, beating estimates of $3.85, while revenue rose 13.3% year over year to $3.13 billion. The company also declared a quarterly dividend of $1.21 per share, or $4.84 annualized.
• Analysts remain broadly bullish, with the stock carrying an average “Buy” rating and a consensus price target of $530.10, compared with a recent price of $457.25.

Ninety One North America Inc. lessened its position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 6.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,898 shares of the communications equipment provider's stock after selling 6,602 shares during the period. Motorola Solutions makes up 2.3% of Ninety One North America Inc.'s holdings, making the stock its 12th largest position. Ninety One North America Inc. owned about 0.06% of Motorola Solutions worth $44,552,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. State Street Corp grew its holdings in Motorola Solutions by 4.3% during the second 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 bought a new stake in Motorola Solutions in the first quarter worth about $983,432,000. Amundi raised its position in Motorola Solutions by 1.9% in the first quarter. Amundi now owns 1,600,491 shares of the communications equipment provider's stock worth $694,565,000 after acquiring an additional 30,264 shares in the last quarter. Bank of America Corp DE lifted its holdings in Motorola Solutions by 34.3% in 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 acquiring an additional 352,679 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Motorola Solutions by 5.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,244,326 shares of the communications equipment provider's stock valued at $539,958,000 after acquiring an additional 59,294 shares during the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Insider Buying and Selling

In other Motorola Solutions news, SVP Kathryn A. Moore sold 1,004 shares of the business's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $476.96, for a total transaction of $478,867.84. Following the sale, the senior vice president directly owned 1,282 shares of the company's stock, valued at $611,462.72. The trade was a 43.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory Brown sold 14,220 shares of the business's 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 in the company, valued at approximately $32,338,942.56. This trade represents a 17.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.28% of the company's stock.

Motorola Solutions Trading Up 1.2%

Shares of Motorola Solutions stock traded up $5.52 on Thursday, reaching $457.25. 311,397 shares of the company were exchanged, compared to its average volume of 1,049,039. The stock has a fifty day moving average price of $464.57 and a 200-day moving average price of $435.37. The firm has a market capitalization of $75.67 billion, a price-to-earnings ratio of 36.00, a price-to-earnings-growth ratio of 2.68 and a beta of 0.88. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $494.85.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.85 by $0.56. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%. The firm had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. During the same quarter in the previous year, the company earned $3.57 EPS. The business's revenue for the quarter 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. On average, analysts expect that Motorola Solutions, Inc. will post 15.87 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 16th will be paid a $1.21 dividend. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 1.1%. Motorola Solutions's dividend payout ratio (DPR) is currently 38.11%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MSI shares. Weiss Ratings upgraded shares of Motorola Solutions from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Piper Sandler boosted their target price on shares of Motorola Solutions from $530.00 to $531.00 and gave the stock an "overweight" rating in a report on Tuesday, September 22nd. Bank of America reiterated a "buy" rating on shares of Motorola Solutions in a report on Thursday, August 6th. Zacks Research lowered shares of Motorola Solutions from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 18th. Finally, Truist Financial raised their target price on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock a "buy" rating in a report on Friday, August 7th. 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $530.10.

Motorola Solutions Profile

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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