Rathbones Group PLC Invests $17.13 Million in Motorola Solutions, Inc. (NYSE:MSI)

Key Points

• Rathbones Group PLC has invested approximately $17.13 million in Motorola Solutions by purchasing 39,130 shares, indicating strong institutional interest in the company.
• Motorola Solutions reported **earnings per share (EPS)** of **$3.57**, exceeding analyst estimates and reflecting a **5.2% revenue increase** year-over-year.
• Analysts generally hold a **positive outlook**, with a **"Moderate Buy"** average rating and a target price of around **$512.67** following several reports of increased price targets by various brokerages.

Rathbones Group PLC purchased a new position in Motorola Solutions, Inc. (NYSE:MSI - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 39,130 shares of the communications equipment provider's stock, valued at approximately $17,132,000.

A number of other large investors also recently added to or reduced their stakes in the business. ORG Wealth Partners LLC raised its holdings in shares of Motorola Solutions by 346.2% during the 1st quarter. ORG Wealth Partners LLC now owns 58 shares of the communications equipment provider's stock worth $25,000 after acquiring an additional 45 shares in the last quarter. Fourth Dimension Wealth LLC purchased a new stake in shares of Motorola Solutions during the 4th quarter worth approximately $34,000. Community Bank N.A. purchased a new stake in shares of Motorola Solutions during the 1st quarter worth approximately $32,000. Fort Vancouver Investment Management LLC purchased a new stake in shares of Motorola Solutions during the 1st quarter worth approximately $37,000. Finally, Alpine Bank Wealth Management purchased a new stake in shares of Motorola Solutions during the 1st quarter worth approximately $40,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions Stock Down 0.3%

MSI stock traded down $1.20 during trading on Friday, reaching $460.41. 1,274,699 shares of the company traded hands, compared to its average volume of 999,855. Motorola Solutions, Inc. has a 12 month low of $388.90 and a 12 month high of $507.82. The business has a 50 day simple moving average of $425.87 and a 200 day simple moving average of $427.43. The company has a market capitalization of $76.70 billion, a price-to-earnings ratio of 37.07, a price-to-earnings-growth ratio of 3.74 and a beta of 0.97. The company has a debt-to-equity ratio of 3.86, a quick ratio of 1.54 and a current ratio of 1.73.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The communications equipment provider reported $3.57 earnings per share for the quarter, beating analysts' consensus estimates of $3.36 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%. The company had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the company earned $3.24 earnings per share. The firm's revenue for the quarter was up 5.2% compared to the same quarter last year. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Katherine A. Maher sold 1,073 shares of the firm's stock in a transaction dated Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the sale, the chief accounting officer owned 804 shares of the company's stock, valued at $336,618.72. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on MSI shares. Wolfe Research started coverage on Motorola Solutions in a report on Monday, July 7th. They set a "peer perform" rating on the stock. Barclays decreased their price target on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. UBS Group increased their price target on Motorola Solutions from $490.00 to $510.00 and gave the company a "buy" rating in a report on Friday, August 8th. William Blair restated an "outperform" rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Finally, Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Motorola Solutions presently has a consensus rating of "Moderate Buy" and a consensus target price of $512.67.

Motorola Solutions 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.