Brown Brothers Harriman & Co. significantly increased its stake in Motorola Solutions, Inc. (NYSE:MSI), expanding its holdings by a notable 130.8% during the fourth quarter, according to the latest 13F filing with the Securities and Exchange Commission. The firm now owns 1,013 shares, having acquired an additional 574 shares during the period, bringing the total value of its holdings to $468,000 by the end of the reporting period.
Other institutional investors have also made adjustments to their positions in Motorola Solutions. D.A. Davidson & Co. raised its stake by 13.0% in the third quarter, bringing its total shares to 1,245, valued at $560,000 after purchasing an additional 143 shares. Meanwhile, the Public Sector Pension Investment Board increased its holdings by 14.1%, now owning 7,292 shares worth approximately $3.28 million. Other institutional moves include Rockefeller Capital Management L.P.’s new position valued at $6.17 million, and Verition Fund Management LLC’s 136.3% increase, adding 6,289 shares to its portfolio, which now totals 10,904 shares worth $4.9 million. Tradition Wealth Management LLC also slightly raised its stake by 3.3%, acquiring 21 additional shares.
As of the latest reports, hedge funds and other institutional investors own a staggering 84.17% of Motorola Solutions’ stock.
Analysts’ ratings for Motorola Solutions have seen some significant movement as well. StockNews.com upgraded the company from a "hold" to a "buy" rating in February. Meanwhile, Barclays adjusted its price target slightly down from $529 to $527 but maintained an “overweight” rating, while Morgan Stanley raised its target price from $495 to $505, keeping an “equal weight” rating. Currently, there is one analyst with a “hold” rating and eight with a “buy” recommendation, giving the stock an average rating of "Moderate Buy" and a target price of $505.88.
Motorola Solutions’ stock opened at $438.07 on a recent Tuesday, showing a steady increase over the past year, with its twelve-month low at $332.98 and a high of $507.82. The company’s market cap stands at an impressive $73.13 billion, with a PE ratio of 47.51. Its revenue for the quarter was $3.01 billion, surpassing analyst expectations of $3 billion, though it reported a slight miss on earnings per share with $3.75, falling short of the expected $3.85.
Motorola Solutions also declared a quarterly dividend of $1.09 per share, to be paid on April 15th, representing a 1.00% yield, with an ex-dividend date set for March 14th. This dividend represents a payout ratio of 47.29%, showcasing the company’s ongoing commitment to returning value to shareholders.
In its latest quarterly earnings report, Motorola Solutions revealed a strong performance, with a return on equity of 197.59% and a net margin of 14.58%. Analysts are projecting that the company will achieve an earnings per share of 13.55 for the current year.
Motorola Solutions continues to play a vital role in providing critical public safety and enterprise security solutions in various markets including the United States, United Kingdom, and Canada. The company operates through two segments: Products and Systems Integration, and Software and Services, offering a wide range of communication infrastructure, devices, and video security solutions tailored to government and commercial clients managing mobile workforces.