Swedbank AB has significantly increased its investment in Motorola Solutions, Inc. (NYSE: MSI) by 20.3% during the third quarter, as detailed in the most recent filing with the Securities and Exchange Commission (SEC). The Swedish banking group now holds 1,345,492 shares of the communications equipment giant, after purchasing an additional 227,062 shares. As of the latest reporting period, this stake is valued at $615.3 million, accounting for approximately 0.81% of the company’s total stock.
Other institutional investors have also adjusted their positions in Motorola Solutions. Signature Resources Capital Management LLC acquired a new stake during the second quarter, valued at $25,000, while the Saudi Central Bank made a similar move in the first quarter, purchasing shares worth about $29,000. Meanwhile, Whipplewood Advisors LLC raised its stake by an impressive 289.5%, acquiring 55 additional shares to reach a total of 74 shares, now valued at $31,000. Rossby Financial LLC also boosted its holdings by 148.6%, purchasing an additional 52 shares to bring its total to 87 shares, valued at $37,000. Twin Peaks Wealth Advisors LLC similarly bought into the company, securing shares worth around $39,000. Collectively, hedge funds and institutional investors now own 84.17% of Motorola Solutions.
Motorola Solutions’ stock opened at $378.60 on Wednesday. Over the past year, the stock has fluctuated between a low of $359.36 and a high of $492.22. With a market capitalization of $63.06 billion, the company maintains a price-to-earnings (P/E) ratio of 30.39 and a price-to-earnings-growth (PEG) ratio of 2.97, indicating stable growth potential. The company has also demonstrated solid financial health, evidenced by a debt-to-equity ratio of 3.59 and a return on equity of 118.48%.
For the third quarter, Motorola Solutions reported earnings per share (EPS) of $4.06, surpassing analysts' expectations of $3.85 by $0.21. The company’s revenue for the quarter was $3.01 billion, exceeding the $2.99 billion expected by analysts, marking a 7.8% increase year-over-year. The solid performance was backed by a net margin of 18.71%. With a robust performance in the third quarter, analysts are forecasting Motorola Solutions to achieve an EPS of 13.55 for the current fiscal year.
In terms of dividends, Motorola Solutions has recently declared a quarterly dividend of $1.21 per share, payable on January 15th, to investors who held shares as of December 15th. This is a notable increase from the company’s previous dividend of just $0.01 per share. The annualized dividend yield stands at 1.3%, reflecting a payout ratio of 38.84%.
Motorola Solutions continues to be a leader in mission-critical communications and analytics solutions. The company specializes in providing secure and reliable communication systems for public safety and commercial sectors, including land mobile radios (LMR), LTE-based push-to-talk systems, command-and-control software, and video security solutions. Motorola's products are essential for first responders and organizations that depend on high-performance, resilient communications in critical situations.