Motorola Solutions, Inc. (NYSE:MSI) Shares Purchased by Whittier Trust Co.

Whittier Trust Co. boosted its stake in Motorola Solutions, Inc. (NYSE:MSI) by 3.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,991 shares of the communications equipment provider’s stock after buying an additional 2,000 shares during the period. Whittier Trust Co.’s holdings in Motorola Solutions were worth $28,772,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. MFA Wealth Advisors LLC purchased a new stake in Motorola Solutions in the 2nd quarter worth about $25,000. Beacon Capital Management LLC raised its stake in shares of Motorola Solutions by 71.8% in the 2nd quarter. Beacon Capital Management LLC now owns 67 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 28 shares in the last quarter. LRI Investments LLC raised its stake in shares of Motorola Solutions by 871.4% in the 2nd quarter. LRI Investments LLC now owns 68 shares of the communications equipment provider’s stock valued at $26,000 after acquiring an additional 61 shares in the last quarter. Crewe Advisors LLC acquired a new stake in Motorola Solutions in the 1st quarter valued at approximately $28,000. Finally, Triad Wealth Partners LLC acquired a new stake in Motorola Solutions in the 2nd quarter valued at approximately $29,000. Institutional investors own 84.17% of the company’s stock.

Insider Activity

In related news, COO John P. Molloy sold 23,985 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $407.50, for a total transaction of $9,773,887.50. Following the completion of the transaction, the chief operating officer now directly owns 46,821 shares of the company’s stock, valued at $19,079,557.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.

Motorola Solutions Price Performance

NYSE:MSI traded up $1.37 during trading hours on Monday, reaching $476.57. 293,018 shares of the company were exchanged, compared to its average volume of 662,983. The company has a market capitalization of $79.49 billion, a P/E ratio of 58.74, a P/E/G ratio of 4.07 and a beta of 0.97. Motorola Solutions, Inc. has a 1-year low of $271.73 and a 1-year high of $480.28. The company has a debt-to-equity ratio of 7.03, a current ratio of 1.20 and a quick ratio of 1.03. The business has a 50 day moving average of $442.98 and a 200 day moving average of $397.30.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, August 1st. The communications equipment provider reported $3.24 earnings per share for the quarter, beating analysts’ consensus estimates of $3.01 by $0.23. The firm had revenue of $2.63 billion for the quarter, compared to the consensus estimate of $2.59 billion. Motorola Solutions had a return on equity of 337.36% and a net margin of 14.04%. The company’s revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.41 EPS. Research analysts forecast that Motorola Solutions, Inc. will post 12.22 EPS for the current year.

Motorola Solutions Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Friday, September 13th were paid a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend was Friday, September 13th. Motorola Solutions’s payout ratio is 48.45%.

Analyst Upgrades and Downgrades

MSI has been the topic of several recent research reports. Barclays lifted their price objective on Motorola Solutions from $372.00 to $467.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Jefferies Financial Group raised their target price on Motorola Solutions from $460.00 to $510.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Evercore ISI raised their target price on Motorola Solutions from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Friday, August 30th. Deutsche Bank Aktiengesellschaft lifted their price objective on Motorola Solutions from $385.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, August 6th. Finally, JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $436.00 to $440.00 and gave the company an “overweight” rating in a research report on Friday, August 2nd. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $466.17.

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.