California State Teachers Retirement System Sells 2,038 Shares of Motorola Solutions, Inc. $MSI

California State Teachers Retirement System decreased its holdings in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 0.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 256,825 shares of the communications equipment provider's stock after selling 2,038 shares during the quarter. California State Teachers Retirement System owned about 0.16% of Motorola Solutions worth $106,656,854 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Greenland Capital Management LP purchased a new stake in shares of Motorola Solutions in the 2nd quarter worth about $1,620,000. Ameritas Advisory Services LLC grew its stake in shares of Motorola Solutions by 5.6% in the second quarter. Ameritas Advisory Services LLC now owns 2,318 shares of the communications equipment provider's stock worth $963,000 after acquiring an additional 122 shares during the last quarter. Kintra Wealth LLC boosted its position in Motorola Solutions by 22.2% in the second quarter. Kintra Wealth LLC now owns 732 shares of the communications equipment provider's stock valued at $304,000 after buying an additional 133 shares in the last quarter. Saudi Central Bank grew its stake in shares of Motorola Solutions by 89.2% during the second quarter. Saudi Central Bank now owns 11,634 shares of the communications equipment provider's stock worth $4,831,000 after purchasing an additional 5,486 shares during the period. Finally, Hutchens & Kramer Investment Management Group LLC lifted its position in shares of Motorola Solutions by 42.5% in the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,673 shares of the communications equipment provider's stock worth $695,000 after purchasing an additional 499 shares in the last quarter. Hedge funds and other institutional investors own 84.17% of the company's stock.

Motorola Solutions Trading Down 1.4%

NYSE MSI traded down $6.48 during trading on Tuesday, hitting $467.65. The company had a trading volume of 355,052 shares, compared to its average volume of 1,075,504. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $494.85. The company has a market cap of $77.39 billion, a price-to-earnings ratio of 36.80, a price-to-earnings-growth ratio of 2.78 and a beta of 0.88. The company's fifty day moving average is $450.73 and its 200-day moving average is $437.30. 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 (NYSE:MSI - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 EPS for the quarter, beating the consensus estimate of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. Motorola Solutions's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business earned $3.57 earnings per share. 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, sell-side analysts predict 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 given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 16th. Motorola Solutions's dividend payout ratio is 38.11%.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Brown sold 14,220 shares of the business's stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the completion of the sale, the chief executive officer directly 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Kathryn A. Moore sold 1,004 shares of the business's stock in a transaction that occurred 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 transaction, the senior vice president directly owned 1,282 shares in the company, valued at $611,462.72. The trade was a 43.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.28% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on MSI. Truist Financial lifted their target price on Motorola Solutions from $525.00 to $545.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Piper Sandler increased their price target on Motorola Solutions from $503.00 to $530.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Weiss Ratings raised shares of Motorola Solutions from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, September 8th. JPMorgan Chase & Co. raised 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. Finally, Bank of America reissued a "buy" rating on shares of Motorola Solutions in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Motorola Solutions currently has a consensus rating of "Buy" and an average price target of $519.44.

About Motorola Solutions

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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