Motorola Solutions, Inc. $MSI Shares Newly Purchased by Sanders Morris Harris LLC

Key Points

• Sanders Morris Harris LLC acquired 4,735 Motorola Solutions shares worth approximately $2.1 million in the third quarter. Institutional investors collectively own 84.17% of MSI.
• Motorola Solutions reported quarterly revenue of $3.13 billion and EPS of $4.41, exceeding analyst expectations, while revenue rose 13.3% year over year.
• Analysts maintain a broadly positive outlook, with an average “Buy” rating and a $530.10 price target. The company also declared a quarterly dividend of $1.21 per share, representing a 1.1% yield.

Sanders Morris Harris LLC bought a new position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,735 shares of the communications equipment provider's stock, valued at approximately $2,113,000.

Several other hedge funds have also recently bought and sold shares of MSI. Lodestone Wealth Management LLC lifted its holdings in shares of Motorola Solutions by 53.7% during the 3rd quarter. Lodestone Wealth Management LLC now owns 83 shares of the communications equipment provider's stock valued at $37,000 after acquiring an additional 29 shares in the last quarter. ABLE Financial Group LLC increased its holdings in Motorola Solutions by 2.2% in the 3rd quarter. ABLE Financial Group LLC now owns 2,175 shares of the communications equipment provider's stock valued at $970,000 after purchasing an additional 46 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in Motorola Solutions by 26.0% in the third quarter. First Citizens Bank & Trust Co. now owns 668 shares of the communications equipment provider's stock valued at $298,000 after purchasing an additional 138 shares during the period. Signal Advisors Wealth LLC raised its position in Motorola Solutions by 0.6% in the third quarter. Signal Advisors Wealth LLC now owns 11,254 shares of the communications equipment provider's stock valued at $5,019,000 after purchasing an additional 63 shares during the period. Finally, Foster Group Inc. purchased a new position in Motorola Solutions in the third quarter valued at about $208,000. Hedge funds and other institutional investors own 84.17% of the company's stock.

Insider Activity at Motorola Solutions

In other Motorola Solutions news, SVP Kathryn Moore sold 1,004 shares of the company'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 of the company's stock, valued at $611,462.72. This represents a 43.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 14,220 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total value of $6,899,828.40. Following the completion of the transaction, the chief executive officer directly owned 66,648 shares in the company, 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 owned by insiders.

Motorola Solutions Stock Up 0.4%

MSI stock traded up $1.94 during trading on Wednesday, reaching $450.95. The stock had a trading volume of 769,242 shares, compared to its average volume of 1,052,924. Motorola Solutions, Inc. has a 1-year low of $359.36 and a 1-year high of $494.85. The company has a current ratio of 1.10, a quick ratio of 0.86 and a debt-to-equity ratio of 3.13. The company has a market capitalization of $74.63 billion, a P/E ratio of 35.51, a PEG ratio of 2.67 and a beta of 0.88. The firm has a fifty day moving average price of $464.31 and a 200 day moving average price of $435.36.

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 for the quarter, beating analysts' consensus estimates of $3.85 by $0.56. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. The company had revenue of $3.13 billion during the quarter, compared to analysts' expectations of $3 billion. During the same period in the prior year, the company posted $3.57 EPS. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. 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, equities analysts anticipate that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. increased their target price on Motorola Solutions from $525.00 to $545.00 and gave the company an "overweight" rating in a research note on Thursday, August 6th. Zacks Research downgraded Motorola Solutions from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 18th. Evercore boosted their price target on Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. Piper Sandler upped their price target on Motorola Solutions from $530.00 to $531.00 and gave the stock an "overweight" rating in a report on Tuesday, September 22nd. Finally, Morgan Stanley restated an "overweight" rating and issued a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $530.10.

About Motorola Solutions

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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