Norris Perne & French LLP MI Purchases 33,284 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Norris Perne & French LLP MI increased its Motorola Solutions stake by 134.5% in the third quarter, purchasing 33,284 shares to bring its holdings to 58,031 shares valued at $25.88 million. Institutional investors collectively own 84.17% of the company.
• Motorola Solutions reported quarterly EPS of $4.41, exceeding estimates of $3.85, while revenue rose 13.3% year over year to $3.13 billion. The company also declared a quarterly dividend of $1.21 per share, representing a 1.0% annualized yield.
• Analysts maintain a favorable outlook, with the stock carrying a consensus “Buy” rating and an average price target of $530.10. Meanwhile, CEO Gregory Q. Brown and SVP Kathryn Moore reported selling shares, and insiders own 1.28% of the company.

Norris Perne & French LLP MI lifted its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 134.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 58,031 shares of the communications equipment provider's stock after purchasing an additional 33,284 shares during the period. Motorola Solutions comprises approximately 1.2% of Norris Perne & French LLP MI's portfolio, making the stock its 26th largest position. Norris Perne & French LLP MI's holdings in Motorola Solutions were worth $25,880,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the company. Evelyn Partners Asset Management Ltd acquired a new stake in Motorola Solutions during the 1st quarter worth $1,052,000. Janney Montgomery Scott LLC lifted its position in Motorola Solutions by 11.4% in the first quarter. Janney Montgomery Scott LLC now owns 63,931 shares of the communications equipment provider's stock valued at $27,744,000 after acquiring an additional 6,564 shares during the last quarter. Mattern Capital Management LLC acquired a new position in Motorola Solutions in the first quarter valued at $10,657,000. BNP Paribas boosted its stake in Motorola Solutions by 10.8% in the second quarter. BNP Paribas now owns 29,636 shares of the communications equipment provider's stock valued at $12,307,000 after acquiring an additional 2,884 shares in the last quarter. Finally, First Nebraska Trust Co acquired a new position in Motorola Solutions in the first quarter valued at $11,361,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, SVP Kathryn Moore sold 1,004 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 1,282 shares in the company, valued at $611,462.72. This trade represents a 43.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gregory Q. Brown sold 14,220 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The shares were 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 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 1.28% of the company's stock.

Motorola Solutions Stock Up 0.8%

Motorola Solutions stock opened at $481.56 on Friday. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $494.85. The stock has a 50 day moving average of $464.56 and a two-hundred day moving average of $436.95. 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 stock has a market capitalization of $79.70 billion, a price-to-earnings ratio of 37.92, a PEG ratio of 2.88 and a beta of 0.88.

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. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a net margin of 17.44% and a return on equity of 98.22%. Motorola Solutions's quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm posted $3.57 EPS. 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, research analysts expect that Motorola Solutions, Inc. will post 15.87 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions's dividend payout ratio is 38.11%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. UBS Group raised their price objective on Motorola Solutions from $510.00 to $520.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. Northcoast Research boosted their target price on Motorola Solutions from $510.00 to $525.00 in a report on Thursday, August 27th. Barclays raised their price target on Motorola Solutions from $509.00 to $529.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. Evercore lifted their price target on Motorola Solutions from $525.00 to $550.00 in a research report on Thursday, October 8th. Finally, Piper Sandler lifted their price target on Motorola Solutions from $530.00 to $531.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Motorola Solutions currently has a consensus rating of "Buy" and a consensus price target of $530.10.

Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communications, public safety, and enterprise security technologies. The company develops products and services that help governments, law enforcement agencies, emergency responders, commercial organizations, and other institutions coordinate operations, protect people, and manage critical events.

Its portfolio includes two-way radios and broadband communication systems, command center software, computer-aided dispatch and records management solutions, video security and analytics, access control, and cybersecurity services.

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