Synovus Financial Corp Has $2.56 Million Holdings in Motorola Solutions, Inc. $MSI

Key Points

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Synovus Financial Corp raised its position in shares of Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 33.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,851 shares of the communications equipment provider's stock after purchasing an additional 1,476 shares during the quarter. Synovus Financial Corp's holdings in Motorola Solutions were worth $2,562,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MSI. Nuveen LLC bought a new position in Motorola Solutions during the 1st quarter valued at $650,426,000. GAMMA Investing LLC boosted its stake in Motorola Solutions by 43,787.3% during the 1st quarter. GAMMA Investing LLC now owns 1,084,455 shares of the communications equipment provider's stock valued at $474,785,000 after purchasing an additional 1,081,984 shares in the last quarter. Vanguard Group Inc. boosted its stake in Motorola Solutions by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 21,501,114 shares of the communications equipment provider's stock valued at $9,413,403,000 after purchasing an additional 321,280 shares in the last quarter. Vaughan Nelson Investment Management L.P. boosted its stake in Motorola Solutions by 541.2% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 331,910 shares of the communications equipment provider's stock valued at $145,312,000 after purchasing an additional 280,145 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in Motorola Solutions by 66.7% during the 4th quarter. Janus Henderson Group PLC now owns 698,816 shares of the communications equipment provider's stock valued at $323,020,000 after purchasing an additional 279,655 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wolfe Research assumed coverage on Motorola Solutions in a research note on Monday, July 7th. They set a "peer perform" rating for the company. UBS Group raised their price objective on Motorola Solutions from $490.00 to $510.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Wall Street Zen lowered Motorola Solutions from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. William Blair reissued an "outperform" rating on shares of Motorola Solutions in a research note on Wednesday, May 28th. Finally, Barclays reduced their price objective on Motorola Solutions from $511.00 to $509.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Nine investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Motorola Solutions has an average rating of "Moderate Buy" and a consensus target price of $512.67.

Insiders Place Their Bets

In related news, COO John P. Molloy sold 37,514 shares of Motorola Solutions stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $462.38, for a total transaction of $17,345,723.32. Following the completion of the sale, the chief operating officer owned 59,328 shares of the company's stock, valued at approximately $27,432,080.64. This trade represents a 38.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gregory Q. Brown sold 17,600 shares of Motorola Solutions stock in a transaction on Friday, August 15th. The shares were sold at an average price of $459.79, for a total value of $8,092,304.00. Following the sale, the chief executive officer directly owned 24,046 shares of the company's stock, valued at approximately $11,056,110.34. The trade was a 42.26% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 137,879 shares of company stock valued at $63,762,361. Insiders own 1.44% of the company's stock.

Motorola Solutions Stock Up 1.3%

Shares of Motorola Solutions stock traded up $5.92 during midday trading on Thursday, hitting $470.33. The company's stock had a trading volume of 972,706 shares, compared to its average volume of 1,106,025. The firm has a market capitalization of $78.36 billion, a P/E ratio of 37.87, a PEG ratio of 3.72 and a beta of 0.97. The stock has a 50-day simple moving average of $435.53 and a 200-day simple moving average of $426.89. The company has a quick ratio of 1.54, a current ratio of 1.73 and a debt-to-equity ratio of 3.86. Motorola Solutions, Inc. has a 1-year low of $388.90 and a 1-year high of $507.82.

Motorola Solutions (NYSE:MSI - Get Free Report) last issued its earnings results on Thursday, August 7th. The communications equipment provider reported $3.57 EPS for the quarter, topping the consensus estimate of $3.36 by $0.21. The business had revenue of $2.77 billion during the quarter, compared to analysts' expectations of $2.74 billion. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.Motorola Solutions's revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.24 earnings per share. Motorola Solutions has set its Q3 2025 guidance at 3.820-3.870 EPS. FY 2025 guidance at 14.880-14.980 EPS. As a group, sell-side analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Monday, September 15th will be given a dividend of $0.0109 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. Motorola Solutions's dividend payout ratio (DPR) is presently 35.10%.

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.