Motorola Solutions, Inc. $MSI Shares Acquired by Brookstone Capital Management

Brookstone Capital Management boosted its position in shares of Motorola Solutions, Inc. (NYSE:MSI) by 28.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,846 shares of the communications equipment provider’s stock after acquiring an additional 3,323 shares during the period. Brookstone Capital Management’s holdings in Motorola Solutions were worth $6,789,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $208,000. CreativeOne Wealth LLC lifted its position in Motorola Solutions by 42.0% in the first quarter. CreativeOne Wealth LLC now owns 1,514 shares of the communications equipment provider’s stock valued at $663,000 after acquiring an additional 448 shares during the last quarter. OMERS ADMINISTRATION Corp boosted its position in shares of Motorola Solutions by 6.6% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 10,701 shares of the communications equipment provider’s stock valued at $4,685,000 after purchasing an additional 662 shares during the period. Landscape Capital Management L.L.C. grew its position in shares of Motorola Solutions by 19.4% during the first quarter. Landscape Capital Management L.L.C. now owns 5,352 shares of the communications equipment provider’s stock worth $2,343,000 after acquiring an additional 871 shares during the last quarter. Finally, WPG Advisers LLC acquired a new position in Motorola Solutions in the first quarter valued at $181,000. Hedge funds and other institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Up 0.1%

MSI stock opened at $376.98 on Friday. The business has a fifty day simple moving average of $388.59 and a 200-day simple moving average of $425.24. The company has a market cap of $62.79 billion, a price-to-earnings ratio of 30.26, a PEG ratio of 3.00 and a beta of 0.99. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 3.59. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22.

Motorola Solutions (NYSE:MSI) last released its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.85 by $0.21. The company had revenue of $3.01 billion during the quarter, compared to analyst estimates of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.74 earnings per share. On average, equities research analysts expect that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be issued a $1.21 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.01. This represents a $4.84 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, December 15th. Motorola Solutions’s dividend payout ratio (DPR) is currently 38.84%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MSI. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 price objective for the company in a research report on Monday, December 1st. Barclays decreased their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Motorola Solutions in a report on Monday. Piper Sandler restated a “neutral” rating and set a $465.00 target price (down from $495.00) on shares of Motorola Solutions in a report on Friday, October 31st. Finally, Evercore ISI lifted their target price on shares of Motorola Solutions from $500.00 to $525.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $495.00.

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.