902,061 Shares in Motorola Solutions, Inc. $MSI Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 902,061 shares of the communications equipment provider's stock, valued at approximately $374,617,000. Bank of New York Mellon Corp owned about 0.54% of Motorola Solutions at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Whipplewood Advisors LLC raised its position in shares of Motorola Solutions by 1,966.7% during the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider's stock valued at $27,000 after buying an additional 59 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Motorola Solutions during the first quarter worth $27,000. Physician Wealth Advisors Inc. increased its stake in shares of 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 in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Motorola Solutions in the 3rd quarter valued at $31,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Motorola Solutions during the fourth quarter worth $27,000. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $480.66 on Friday. The company's fifty day moving average is $428.52 and its 200 day moving average is $433.21. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $493.57. The stock has a market cap of $79.55 billion, a price-to-earnings ratio of 37.85, a P/E/G ratio of 2.83 and a beta of 0.87. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13.

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 (EPS) 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 period last year, the company earned $3.57 earnings per share. The firm's 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. Sell-side analysts forecast that Motorola Solutions, Inc. will post 15.87 EPS for the current year.

Motorola Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 16th will be paid a dividend of $1.21 per share. The ex-dividend date of this dividend is Wednesday, September 16th. This represents a $4.84 annualized dividend and a yield of 1.0%. Motorola Solutions's dividend payout ratio (DPR) is currently 38.11%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MSI. UBS Group boosted their price target on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Barclays raised their price objective on Motorola Solutions from $509.00 to $529.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. JPMorgan Chase & Co. increased their price objective on Motorola Solutions from $525.00 to $545.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. Zacks Research cut shares of Motorola Solutions from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Finally, Bank of America reiterated a "buy" rating on shares of Motorola Solutions in a research note on Thursday, August 6th. One equities 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 stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $516.67.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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