Motorola Solutions (NYSE:MSI) Announces Quarterly Earnings Results

Motorola Solutions (NYSE:MSIGet Free Report) posted its quarterly earnings data on Thursday. The communications equipment provider reported $3.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.63 by $0.27, Briefing.com reports. The business had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.82 billion. Motorola Solutions had a return on equity of 582.04% and a net margin of 17.12%. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period last year, the company earned $3.38 EPS.

Motorola Solutions Price Performance

Shares of MSI stock opened at $330.89 on Friday. The company has a debt-to-equity ratio of 12.51, a quick ratio of 0.77 and a current ratio of 0.95. The stock has a 50 day moving average price of $319.31 and a 200 day moving average price of $299.64. The firm has a market capitalization of $54.93 billion, a P/E ratio of 33.32, a P/E/G ratio of 2.76 and a beta of 0.92. Motorola Solutions has a 52-week low of $255.85 and a 52-week high of $333.00.

Motorola Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 15th were paid a dividend of $0.98 per share. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.88. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend was Thursday, December 14th. Motorola Solutions’s dividend payout ratio (DPR) is currently 39.48%.

Institutional Investors Weigh In On Motorola Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of MSI. Cornerstone Planning Group LLC bought a new stake in Motorola Solutions during the 2nd quarter valued at $33,000. Eagle Bay Advisors LLC bought a new stake in Motorola Solutions during the 2nd quarter valued at $35,000. Strategic Investment Solutions Inc. IL bought a new stake in Motorola Solutions during the 1st quarter valued at $35,000. Almanack Investment Partners LLC. bought a new stake in Motorola Solutions during the 3rd quarter valued at $38,000. Finally, PCA Investment Advisory Services Inc. bought a new stake in Motorola Solutions during the 2nd quarter valued at $39,000. 82.37% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft assumed coverage on Motorola Solutions in a research note on Friday, January 19th. They issued a “buy” rating and a $350.00 price objective for the company. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research note on Friday. Barclays raised their price target on Motorola Solutions from $333.00 to $352.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Finally, StockNews.com lowered Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, November 11th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Motorola Solutions currently has an average rating of “Moderate Buy” and an average price target of $328.29.

View Our Latest Report on MSI

Motorola Solutions Company Profile

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Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.

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Earnings History for Motorola Solutions (NYSE:MSI)

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