Bank of America Corp DE Lowers Stake in Motorola Solutions, Inc. $MSI

Bank of America Corp DE decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 7.8% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,274,231 shares of the communications equipment provider's stock after selling 107,275 shares during the period. Bank of America Corp DE owned 0.77% of Motorola Solutions worth $529,175,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Aristotle Capital Management LLC purchased a new stake in shares of Motorola Solutions during the 1st quarter valued at about $983,432,000. Norges Bank bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $942,542,000. Amundi grew its stake 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 purchasing an additional 30,264 shares in the last quarter. Deutsche Bank AG grew its position in shares of Motorola Solutions by 23.9% during the 4th quarter. Deutsche Bank AG now owns 1,461,363 shares of the communications equipment provider's stock worth $560,170,000 after buying an additional 281,496 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in 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 acquiring an additional 59,294 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Price Performance

MSI stock opened at $468.50 on Wednesday. The stock has a market cap of $77.53 billion, a price-to-earnings ratio of 36.89, a price-to-earnings-growth ratio of 2.83 and a beta of 0.88. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $494.85. The business has a fifty day moving average of $451.61 and a two-hundred day moving average of $437.29. 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 released its quarterly earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 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 for the quarter, compared to analysts' expectations of $3 billion. During the same period in the prior year, the firm 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. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared 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 is Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions's dividend payout ratio is currently 38.11%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an "overweight" rating in a report on Thursday, August 6th. Zacks Research lowered Motorola Solutions from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 18th. Morgan Stanley reaffirmed an "overweight" rating and issued a $476.00 price objective on shares of Motorola Solutions in a report on Thursday, August 6th. UBS Group upped their target price on Motorola Solutions from $510.00 to $520.00 and gave the stock a "buy" rating in a research note on Thursday, August 6th. Finally, Barclays lifted their price objective on shares of Motorola Solutions from $509.00 to $529.00 and gave the company an "overweight" rating in a report on Thursday, August 6th. One equities research 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's stock. Based on data from MarketBeat.com, Motorola Solutions presently has an average rating of "Buy" and an average price target of $519.44.

Insider Activity

In other Motorola Solutions news, SVP Kathryn A. Moore sold 1,004 shares of the 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 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 legal filing with the SEC, which can be accessed through this link. Also, CEO Gregory Brown sold 14,220 shares of Motorola Solutions stock in a transaction that occurred 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 owned 66,648 shares of the company's stock, valued at approximately $32,338,942.56. The trade was a 17.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.28% of the stock is currently owned by corporate insiders.

Motorola Solutions Profile

Motorola Solutions, Inc develops mission-critical communications and technology solutions for public safety organizations, government agencies and commercial enterprises. Its offerings include land mobile radio systems, broadband communications, command-center software, computer-aided dispatch, records management, evidence management and emergency call-handling technologies.

The company also provides video security and access-control solutions, including body-worn cameras, in-car video systems, fixed video surveillance and related analytics.

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