Whittier Trust Co. Purchases 2,819 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Whittier Trust Co. increased its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 4.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,295 shares of the communications equipment provider's stock after acquiring an additional 2,819 shares during the quarter. Whittier Trust Co.'s holdings in Motorola Solutions were worth $29,899,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Lord & Richards Wealth Management LLC acquired a new stake in shares of Motorola Solutions during the first quarter valued at approximately $290,000. Dakota Wealth Management grew its position in Motorola Solutions by 4.0% during the first quarter. Dakota Wealth Management now owns 3,286 shares of the communications equipment provider's stock valued at $1,439,000 after purchasing an additional 126 shares in the last quarter. Sumitomo Life Insurance Co. purchased a new position in Motorola Solutions during the first quarter valued at approximately $1,235,000. Asahi Life Asset Management CO. LTD. grew its position in Motorola Solutions by 6.0% during the first quarter. Asahi Life Asset Management CO. LTD. now owns 1,076 shares of the communications equipment provider's stock valued at $471,000 after purchasing an additional 61 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its position in Motorola Solutions by 391.2% during the first quarter. Apollon Wealth Management LLC now owns 18,097 shares of the communications equipment provider's stock valued at $7,923,000 after purchasing an additional 14,413 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company's stock.

Motorola Solutions Stock Up 1.8%

MSI stock traded up $7.44 during trading hours on Wednesday, hitting $416.17. The company's stock had a trading volume of 973,516 shares, compared to its average volume of 829,334. The company has a quick ratio of 1.03, a current ratio of 1.20 and a debt-to-equity ratio of 3.42. The company has a market capitalization of $69.47 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 3.52 and a beta of 0.95. Motorola Solutions, Inc. has a 12 month low of $385.17 and a 12 month high of $507.82. The stock has a 50 day moving average price of $416.44 and a two-hundred day moving average price of $431.27.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 EPS for the quarter, topping the consensus estimate of $3.01 by $0.17. The company had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. The company's revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.81 earnings per share. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Friday, June 13th were issued a dividend of $1.09 per share. This represents a $4.36 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Friday, June 13th. Motorola Solutions's dividend payout ratio is currently 36.39%.

Analyst Ratings Changes

MSI has been the topic of a number of research analyst reports. Barclays lowered their price objective on shares of Motorola Solutions from $527.00 to $511.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. William Blair reaffirmed an "outperform" rating on shares of Motorola Solutions in a research report on Wednesday, May 28th. Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Wolfe Research initiated coverage on shares of Motorola Solutions in a research report on Monday, July 7th. They set a "peer perform" rating on the stock. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $510.67.

Insider Activity

In related news, CAO Katherine A. Maher sold 1,073 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $418.68, for a total transaction of $449,243.64. Following the completion of the sale, the chief accounting officer directly owned 804 shares of the company's stock, valued at approximately $336,618.72. This represents a 57.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.44% of the company's stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.