Swedbank AB Buys 144,518 Shares of Motorola Solutions, Inc. $MSI

Key Points

• Swedbank AB increased its stake in Motorola Solutions by 10.7%, buying 144,518 shares in Q4 to hold 1,490,010 shares (about 0.89% of the company) valued at roughly $571.15 million.
• Motorola Solutions beat Q4 expectations with EPS $4.59 vs. $4.35 and revenue of $3.38 billion (up 12.3% year‑over‑year), and analysts maintain a consensus "Buy" rating with a $502.50 target.
• Corporate insiders have been net sellers recently — CEO Gregory Q. Brown sold 50,000 shares (and other insiders sold a total of 129,069 shares worth about $60.78 million) in the last 90 days.

Swedbank AB lifted its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,490,010 shares of the communications equipment provider's stock after buying an additional 144,518 shares during the period. Swedbank AB owned approximately 0.89% of Motorola Solutions worth $571,151,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Orion Capital Management LLC bought a new stake in shares of Motorola Solutions in the third quarter valued at approximately $25,000. United Community Bank lifted its stake in Motorola Solutions by 81.3% during the third quarter. United Community Bank now owns 58 shares of the communications equipment provider's stock worth $27,000 after purchasing an additional 26 shares during the last quarter. Strategic Advocates LLC bought a new stake in Motorola Solutions during the third quarter worth $28,000. JPL Wealth Management LLC bought a new stake in Motorola Solutions during the third quarter worth $31,000. Finally, Field & Main Bank bought a new stake in Motorola Solutions during the third quarter worth $35,000. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Price Performance

Shares of NYSE MSI opened at $438.00 on Wednesday. Motorola Solutions, Inc. has a fifty-two week low of $359.36 and a fifty-two week high of $492.22. The stock has a market cap of $72.80 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 3.05 and a beta of 0.93. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The firm's 50-day simple moving average is $451.94 and its 200 day simple moving average is $417.08.

Motorola Solutions (NYSE:MSI - Get Free Report) last posted its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping the consensus estimate of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The firm had revenue of $3.38 billion for the quarter, compared to analysts' expectations of $3.34 billion. During the same quarter last year, the firm earned $4.04 EPS. The company's quarterly revenue was up 12.3% compared to the same quarter last year. As a group, research analysts anticipate that Motorola Solutions, Inc. will post 15.25 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th were paid a dividend of $1.21 per share. The ex-dividend date was Friday, March 20th. This represents a $4.84 annualized dividend and a dividend yield of 1.1%. Motorola Solutions's dividend payout ratio (DPR) is presently 37.93%.

Insider Activity at Motorola Solutions

In related news, CEO Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total value of $23,404,500.00. Following the completion of the transaction, the chief executive officer directly owned 47,167 shares in the company, valued at approximately $22,078,401.03. The trade was a 51.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Cynthia Yazdi sold 7,000 shares of Motorola Solutions stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the completion of the transaction, the chief executive officer owned 9,529 shares of the company's stock, valued at $4,488,254.29. This represents a 42.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 129,069 shares of company stock worth $60,779,964. Corporate insiders own 1.28% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on MSI shares. Argus upgraded Motorola Solutions to a "strong-buy" rating in a research note on Friday, February 13th. Barclays upped their price target on shares of Motorola Solutions from $495.00 to $506.00 and gave the stock an "overweight" rating in a report on Thursday, February 12th. JPMorgan Chase & Co. upped their price target on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an "overweight" rating in a report on Thursday, February 12th. Piper Sandler reiterated an "overweight" rating and set a $499.00 price target (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Finally, Wall Street Zen downgraded shares of Motorola Solutions from a "buy" rating to a "hold" rating in a report on Sunday, April 26th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $502.50.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.

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