Geode Capital Management LLC Decreases Position in Motorola Solutions, Inc. $MSI

Key Points

• Geode Capital Management reduced its Motorola Solutions stake by 9.9% in the fourth quarter, selling 437,419 shares and ending with about 3.99 million shares worth roughly $1.53 billion.
• Motorola Solutions reported better-than-expected quarterly results, with EPS of $3.37 versus estimates of $3.24 and revenue of $2.71 billion, up 7.4% year over year.
• The company also announced a quarterly dividend of $1.21 per share, while analysts remain mostly positive with an average rating of Buy and a price target of $504.67.

Geode Capital Management LLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 9.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,987,958 shares of the communications equipment provider's stock after selling 437,419 shares during the quarter. Geode Capital Management LLC owned approximately 2.39% of Motorola Solutions worth $1,525,188,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Motorola Solutions by 1.3% during the third quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider's stock worth $10,139,015,000 after purchasing an additional 286,366 shares in the last quarter. Capital World Investors boosted its position in Motorola Solutions by 5.5% during the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider's stock worth $4,292,310,000 after purchasing an additional 490,354 shares in the last quarter. Raymond James Financial Inc. boosted its position in Motorola Solutions by 0.9% during the third quarter. Raymond James Financial Inc. now owns 3,433,482 shares of the communications equipment provider's stock worth $1,570,096,000 after purchasing an additional 31,744 shares in the last quarter. Swedbank AB raised its holdings in shares of Motorola Solutions by 10.7% in the fourth quarter. Swedbank AB now owns 1,490,010 shares of the communications equipment provider's stock worth $571,151,000 after acquiring an additional 144,518 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Motorola Solutions by 35.2% in the second quarter. Ameriprise Financial Inc. now owns 1,355,159 shares of the communications equipment provider's stock worth $568,930,000 after acquiring an additional 353,113 shares during the last quarter. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Gregory Q. Brown sold 28,435 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $477.95, for a total value of $13,590,508.25. Following the completion of the transaction, the chief executive officer owned 90,721 shares of the company's stock, valued at approximately $43,360,101.95. This represents a 23.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.28% of the company's stock.

Analyst Ratings Changes

MSI has been the subject of a number of analyst reports. Raymond James Financial reissued an "outperform" rating and issued a $530.00 price target on shares of Motorola Solutions in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on Motorola Solutions from $515.00 to $520.00 and gave the stock an "overweight" rating in a report on Thursday, February 12th. Barclays boosted their price target on Motorola Solutions from $506.00 to $509.00 and gave the stock an "overweight" rating in a report on Monday, May 11th. Argus raised Motorola Solutions to a "strong-buy" rating in a report on Friday, February 13th. Finally, Wall Street Zen cut Motorola Solutions from a "buy" rating to a "hold" rating in a report on Sunday, April 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $504.67.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $410.92 on Friday. The company has a market capitalization of $68.21 billion, a price-to-earnings ratio of 33.11, a PEG ratio of 2.85 and a beta of 0.93. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $492.22. The company has a debt-to-equity ratio of 3.28, a current ratio of 1.07 and a quick ratio of 0.86. The business has a 50-day moving average of $429.48 and a 200-day moving average of $414.59.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The communications equipment provider reported $3.37 EPS for the quarter, beating analysts' consensus estimates of $3.24 by $0.13. The firm had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.70 billion. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.Motorola Solutions's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.18 earnings per share. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 15.17 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th will be issued a $1.21 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $4.84 dividend on an annualized basis and a yield of 1.2%. Motorola Solutions's dividend payout ratio is currently 39.00%.

About Motorola Solutions

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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