Motorola Solutions (NYSE:MSI) Stock: Insider James Niewiara Sells 2,086 Shares

Motorola Solutions, Inc. (NYSE:MSI) SVP James Niewiara sold 2,086 shares of Motorola Solutions stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $522.35, for a total transaction of $1,089,622.10. Following the completion of the sale, the senior vice president owned 18,398 shares in the company, valued at $9,610,195.30. This trade represents a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Motorola Solutions Stock Down 0.2%

Shares of MSI stock traded down $1.08 during trading on Tuesday, reaching $526.89. The company’s stock had a trading volume of 1,248,994 shares, compared to its average volume of 1,067,217. Motorola Solutions, Inc. has a one year low of $359.36 and a one year high of $548.28. The business has a fifty day moving average price of $468.79 and a 200-day moving average price of $442.54. The company has a market cap of $87.20 billion, a price-to-earnings ratio of 42.39, a price-to-earnings-growth ratio of 2.97 and a beta of 0.86. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Wednesday, November 4th. The communications equipment provider reported $4.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.42 by $0.27. Motorola Solutions had a net margin of 16.54% and a return on equity of 99.35%. The firm had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.26 billion. During the same period in the previous year, the business earned $4.06 EPS. The company’s revenue was up 12.2% compared to the same quarter last year. Analysts anticipate that Motorola Solutions, Inc. will post 15.91 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 16th were given a $1.21 dividend. The ex-dividend date of this dividend was Wednesday, September 16th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 0.9%. Motorola Solutions’s payout ratio is currently 38.94%.

Hedge Funds Weigh In On Motorola Solutions

A number of institutional investors have recently bought and sold shares of the business. Evelyn Partners Asset Management Ltd bought a new stake in shares of Motorola Solutions during the 1st quarter valued at approximately $1,052,000. ProShare Advisors LLC raised its holdings in Motorola Solutions by 8.5% in the 3rd quarter. ProShare Advisors LLC now owns 49,900 shares of the communications equipment provider’s stock valued at $22,254,000 after buying an additional 3,911 shares during the last quarter. Mattern Capital Management LLC acquired a new stake in Motorola Solutions during the 1st quarter worth approximately $10,657,000. BNP Paribas boosted its position in Motorola Solutions by 10.8% during the 2nd quarter. BNP Paribas now owns 29,636 shares of the communications equipment provider’s stock worth $12,307,000 after buying an additional 2,884 shares during the period. Finally, Lombard Odier Asset Management Switzerland SA bought a new stake in Motorola Solutions during the 1st quarter worth approximately $2,204,000. Institutional investors and hedge funds own 84.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Truist Financial raised their price target on Motorola Solutions from $550.00 to $555.00 and gave the company a “buy” rating in a research note on Thursday, November 5th. Piper Sandler reiterated an “overweight” rating and set a $533.00 price objective (up from $531.00) on shares of Motorola Solutions in a research note on Thursday, November 5th. Northcoast Research raised their target price on shares of Motorola Solutions from $510.00 to $525.00 in a research note on Thursday, August 27th. JPMorgan Chase & Co. boosted their target price on shares of Motorola Solutions from $545.00 to $570.00 and gave the stock an “overweight” rating in a report on Thursday, November 5th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $476.00 price target (up from $470.00) on shares of Motorola Solutions in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Motorola Solutions has an average rating of “Buy” and an average target price of $545.70.

About Motorola Solutions

Motorola Solutions, Inc. provides communications, software, video security and related services for public safety agencies and commercial and industrial organizations. Its products include two-way radios and land mobile radio systems, dispatch consoles, command center software, video surveillance systems and access control technology. The company’s offerings are designed to help customers coordinate communications, manage incidents and support security operations. Motorola Solutions also provides services such as system integration, maintenance and technical support.