Motorola Solutions, Inc. $MSI Stock Holdings Increased by Vestor Capital LLC

Key Points

• Vestor Capital increased its Motorola Solutions stake by 208% in the third quarter, buying 2,080 additional shares to hold 3,080 shares valued at about $1.37 million. Institutional investors collectively own 84.17% of the company.
• Motorola Solutions beat quarterly estimates, reporting EPS of $4.69 versus $4.42 expected and revenue of $3.38 billion versus $3.26 billion; revenue rose 12.2% year over year.
• Analysts broadly remain positive, with a consensus “Buy” rating and a $545.70 price target. The company’s quarterly dividend was $1.21 per share, or $4.84 annualized.

Vestor Capital LLC increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 208.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,080 shares of the communications equipment provider's stock after purchasing an additional 2,080 shares during the period. Vestor Capital LLC's holdings in Motorola Solutions were worth $1,374,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Western Wealth Management LLC acquired a new stake in Motorola Solutions in the first quarter worth $27,000. Field & Main Bank acquired a new position in shares of Motorola Solutions during the second quarter valued at $31,000. Lodestone Wealth Management LLC boosted its holdings in shares of Motorola Solutions by 53.7% during the third 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 during the period. Essential Partners LLC boosted its holdings in shares of Motorola Solutions by 633.3% during the first quarter. Essential Partners LLC now owns 88 shares of the communications equipment provider's stock valued at $38,000 after acquiring an additional 76 shares during the period. Finally, GK Wealth Management LLC bought a new position in shares of Motorola Solutions during the third quarter worth about $45,000. Institutional investors own 84.17% of the company's stock.

Motorola Solutions Price Performance

NYSE MSI opened at $528.82 on Tuesday. The business's fifty day moving average is $468.79 and its two-hundred day moving average is $442.54. The stock has a market capitalization of $87.51 billion, a P/E ratio of 42.54, a P/E/G ratio of 2.97 and a beta of 0.86. 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 1 year low of $359.36 and a 1 year high of $548.28.

Motorola Solutions (NYSE:MSI - Get Free Report) last announced its earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.42 by $0.27. Motorola Solutions had a net margin of 16.54% and a return on equity of 99.35%. The company had revenue of $3.38 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same period in the previous year, the business earned $4.06 EPS. The company's revenue was up 12.2% on a year-over-year basis. On average, research analysts forecast that Motorola Solutions, Inc. will post 15.91 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 16th were given a $1.21 dividend. This represents a $4.84 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, September 16th. Motorola Solutions's dividend payout ratio is presently 38.94%.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of analyst reports. Weiss Ratings raised shares of Motorola Solutions from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th. Truist Financial boosted their target price on shares of Motorola Solutions from $550.00 to $555.00 and gave the company a "buy" rating in a research note on Thursday, November 5th. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $545.00 to $570.00 and gave the company an "overweight" rating in a research note on Thursday, November 5th. Morgan Stanley restated an "overweight" rating and issued a $476.00 target price (up from $470.00) on shares of Motorola Solutions in a research report on Thursday, August 6th. Finally, Bank of America reaffirmed a "buy" rating on shares of Motorola Solutions in a report on Thursday, August 6th. One equities research 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 company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $545.70.

Insider Transactions at Motorola Solutions

In other news, CEO Gregory Q. Brown sold 14,220 shares of the firm'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 $32,338,942.56. This trade represents a 17.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Kathryn Moore sold 1,004 shares of the business's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $476.96, for a total value of $478,867.84. Following the completion of the sale, the senior vice president directly owned 1,282 shares of the company's stock, valued at approximately $611,462.72. The trade was a 43.92% decrease in their position. The SEC filing for this sale provides additional information. 1.28% of the stock is owned by company insiders.

Motorola Solutions Profile

Motorola Solutions, Inc provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology.

The company's offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.

Motorola Solutions serves customers around the world.

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