RWA Wealth Partners LLC Has $5.32 Million Holdings in Motorola Solutions, Inc. $MSI

RWA Wealth Partners LLC trimmed its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 14.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,639 shares of the communications equipment provider’s stock after selling 1,941 shares during the quarter. RWA Wealth Partners LLC’s holdings in Motorola Solutions were worth $5,322,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in Motorola Solutions during the 2nd quarter worth about $872,307,000. Marshall Wace LLP acquired a new stake in shares of Motorola Solutions during the 2nd quarter worth approximately $230,743,000. Voya Investment Management LLC raised its stake in shares of Motorola Solutions by 116.5% during the third quarter. Voya Investment Management LLC now owns 841,463 shares of the communications equipment provider’s stock worth $384,793,000 after buying an additional 452,822 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in shares of Motorola Solutions by 54.5% during the second quarter. Qube Research & Technologies Ltd now owns 1,195,796 shares of the communications equipment provider’s stock worth $502,784,000 after buying an additional 422,039 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Motorola Solutions by 1.8% in the second quarter. Vanguard Group Inc. now owns 21,885,593 shares of the communications equipment provider’s stock valued at $9,202,016,000 after buying an additional 384,479 shares during the period. Institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on MSI shares. Weiss Ratings lowered shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 11th. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Barclays increased their target price on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and issued a $499.00 price target (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $470.00 price target on shares of Motorola Solutions in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $497.14.

Motorola Solutions Price Performance

Shares of MSI opened at $469.90 on Thursday. The stock has a 50 day simple moving average of $406.94 and a 200 day simple moving average of $422.39. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22. 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 has a market capitalization of $77.84 billion, a PE ratio of 36.83, a P/E/G ratio of 3.30 and a beta of 1.00.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The business’s revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.04 earnings per share. Sell-side analysts predict that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year.

Motorola Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Friday, March 20th will be paid a $1.21 dividend. The ex-dividend date of this dividend is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a yield of 1.0%. Motorola Solutions’s dividend payout ratio is presently 37.93%.

About Motorola Solutions

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.