Motorola Solutions Inc (MSI) Receives $139.39 Average PT from Analysts

Motorola Solutions Inc (NYSE:MSI) has earned an average rating of “Buy” from the seventeen brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $139.39.

Several analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. ValuEngine upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Friday, February 8th. Raymond James set a $139.00 price objective on shares of Motorola Solutions and gave the company a “buy” rating in a research report on Friday, February 8th. TheStreet upgraded shares of Motorola Solutions from a “c+” rating to a “b-” rating in a research report on Tuesday, February 26th. Finally, MKM Partners raised their target price on shares of Motorola Solutions to $143.00 and gave the company a “neutral” rating in a research note on Monday, May 6th.

In other Motorola Solutions news, CAO Daniel G. Pekofske sold 4,785 shares of Motorola Solutions stock in a transaction on Monday, April 15th. The shares were sold at an average price of $143.03, for a total value of $684,398.55. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Gino A. Bonanotte sold 49,554 shares of Motorola Solutions stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $156.86, for a total transaction of $7,773,040.44. The disclosure for this sale can be found here. Insiders have sold 132,359 shares of company stock valued at $19,589,459 over the last ninety days. 2.99% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the business. Thrivent Financial for Lutherans grew its stake in shares of Motorola Solutions by 358.0% in the 4th quarter. Thrivent Financial for Lutherans now owns 31,885 shares of the communications equipment provider’s stock worth $3,668,000 after buying an additional 24,923 shares in the last quarter. Advisor Partners LLC grew its stake in shares of Motorola Solutions by 3.1% in the 4th quarter. Advisor Partners LLC now owns 5,436 shares of the communications equipment provider’s stock worth $625,000 after buying an additional 166 shares in the last quarter. Great West Life Assurance Co. Can grew its stake in shares of Motorola Solutions by 0.3% in the 4th quarter. Great West Life Assurance Co. Can now owns 258,370 shares of the communications equipment provider’s stock worth $28,834,000 after buying an additional 850 shares in the last quarter. Norinchukin Bank The grew its stake in shares of Motorola Solutions by 42.0% in the 4th quarter. Norinchukin Bank The now owns 30,726 shares of the communications equipment provider’s stock worth $3,535,000 after buying an additional 9,086 shares in the last quarter. Finally, Neuburgh Advisers LLC grew its stake in shares of Motorola Solutions by 2.9% in the 4th quarter. Neuburgh Advisers LLC now owns 73,264 shares of the communications equipment provider’s stock worth $8,428,000 after buying an additional 2,080 shares in the last quarter. 85.87% of the stock is owned by institutional investors and hedge funds.

Shares of MSI stock traded up $0.35 on Thursday, hitting $160.98. 835,566 shares of the stock traded hands, compared to its average volume of 1,017,753. The company has a market capitalization of $25.86 billion, a price-to-earnings ratio of 23.57, a PEG ratio of 2.77 and a beta of 0.52. Motorola Solutions has a 52 week low of $108.25 and a 52 week high of $161.35.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, May 2nd. The communications equipment provider reported $1.28 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.20. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.62 billion. Motorola Solutions had a net margin of 13.29% and a negative return on equity of 91.61%. The company’s revenue was up 12.9% on a year-over-year basis. During the same period last year, the firm earned $1.10 EPS. As a group, equities analysts expect that Motorola Solutions will post 7.41 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be paid a dividend of $0.57 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $2.28 annualized dividend and a yield of 1.42%. Motorola Solutions’s payout ratio is 33.38%.

About Motorola Solutions

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

Featured Article: Trading Options- What is a Strangle?

Analyst Recommendations for Motorola Solutions (NYSE:MSI)

Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.