Motorola Solutions, Inc. $MSI Stock: Assenagon Asset Management S.A. Lowers Holdings

Assenagon Asset Management S.A. lowered its stake in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 40.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 148,383 shares of the communications equipment provider's stock after selling 102,241 shares during the quarter. Assenagon Asset Management S.A. owned about 0.09% of Motorola Solutions worth $66,174,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. PFG Private Wealth Management LLC bought a new stake in shares of Motorola Solutions in the third quarter valued at about $429,000. Turtle Creek Wealth Advisors LLC increased its position in shares of Motorola Solutions by 3,172.6% during the third quarter. Turtle Creek Wealth Advisors LLC now owns 19,472 shares of the communications equipment provider's stock valued at $8,684,000 after purchasing an additional 18,877 shares during the period. Triangle Securities Wealth Management bought a new stake in shares of Motorola Solutions during the third quarter valued at approximately $449,000. Mather Group LLC. raised its stake in shares of Motorola Solutions by 2.1% in the third quarter. Mather Group LLC. now owns 2,166 shares of the communications equipment provider's stock valued at $966,000 after purchasing an additional 45 shares in the last quarter. Finally, Fortitude Family Office LLC raised its stake in shares of Motorola Solutions by 36.8% in the third quarter. Fortitude Family Office LLC now owns 253 shares of the communications equipment provider's stock valued at $113,000 after purchasing an additional 68 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors and hedge funds.

Motorola Solutions Price Performance

Shares of MSI stock opened at $463.82 on Friday. The firm's 50 day moving average price is $464.12 and its two-hundred day moving average price is $435.70. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.86 and a current ratio of 1.10. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $494.85. The stock has a market cap of $76.76 billion, a PE ratio of 31.15, a PEG ratio of 2.73 and a beta of 0.88.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results 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. 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 quarter in the previous year, the company posted $3.57 EPS. The business's revenue for the quarter 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, analysts forecast that Motorola Solutions, Inc. will post 15.87 EPS for the current year.

Motorola Solutions Dividend Announcement

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

Insider Buying and Selling

In other Motorola Solutions news, CEO Gregory Brown sold 14,220 shares of the stock in a transaction 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 sale, the chief executive officer directly owned 66,648 shares in the company, valued at approximately $32,338,942.56. This trade represents a 17.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction of $478,867.84. Following the completion of the sale, the senior vice president owned 1,282 shares in the company, valued at approximately $611,462.72. This trade represents a 43.92% 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 insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barclays lifted their price target on shares of Motorola Solutions from $509.00 to $529.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Bank of America restated a "buy" rating on shares of Motorola Solutions in a research note on Thursday, August 6th. Morgan Stanley reaffirmed an "overweight" rating and set a $476.00 price objective (up from $470.00) on shares of Motorola Solutions in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their target price on shares of Motorola Solutions from $525.00 to $545.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Finally, Zacks Research cut shares of Motorola Solutions from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 18th. One equities 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. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target 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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