Dimensional Fund Advisors LP Reduces Stake in Motorola Solutions Following Strong Q3 Performance and Analyst Ratings - Best Stocks

Motorola Solutions Inc

A report dated September 7, 2023 revealed that Dimensional Fund Advisors LP lessened its stake in Motorola Solutions, Inc. (NYSE:MSI) by 2.8% in the first quarter of this year. As per the documents submitted to the Securities and Exchange Commission (SEC), the fund currently possess 420,160 shares of Motorola Solutions Inc.'s stock, following the sale of 12,231 shares within the quarter. This accounts for roughly 0.25% of Motorola Solutions Inc.'s entire value, which of the most recent SEC filing is $120,208,000.

Motorola Solutions Inc - Figure 1
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Motorola Solutions just shared its financial performance report for the quarter that ended on August 3rd, 2023. The company that offers communication equipment revealed that it made $2.65 per share (EPS), which is $0.14 more than what financial analysts had predicted ($2.51 EPS). Additionally, during this period, the company generated $2.40 billion in revenue, a higher value than the expected $2.36 billion. Moreover, Motorola Solutions witnessed an increase of revenue of 12.3% in comparison to the same quarter in the preceding year, where it made an EPS of $1.87.

Regarding the analysis of Motorola Solutions, Raymond James has increased its price target from $315.00 to $320.00 and has continued to rate the company as "outperform" on August 4th. On August 17th, StockNews.com rated Motorola Solutions as "buy" when they initiated coverage. However, Barclays has lowered its price target from $329.00 to $322.00 and has assigned an "overweight" rating on August 4th. Additionally, JPMorgan Chase & Co has assigned an "overweight" rating and decreased its target price from $320 to $311 on August 7th.

On August 4th, Morgan Stanley upped their price target for Motorola Solutions from $290 to $300 and gave it an "equal weight" rating. Three investment analysts have recommended holding onto the stock, while four have suggested buying it. Bloomberg reports that the overall rating for Motorola Solutions is a "Moderate Buy" with an average target price of $309.67.

Investors can analyze the decrease in Dimensional Fund Advisors LP's holdings in Motorola Solutions and the impressive quarterly performance of the company to evaluate the situation. The thoughts of different analysts can also provide helpful perspective on the present prospects of the stock. It is crucial for investors to perform in-depth research and to take various factors into account before making any investment portfolio choices, as always.

"MSI: Empowering Connectivity."

The ratio of debt to equity is recommended as a solid investment.

The strong buy recommendation is given for the price to earnings ratio.

When it comes to evaluating stocks, price to book ratio is a valuable metric to consider. In this case, the stock in question has a strong buy recommendation based on this analysis. It's always important to do your research and consider multiple factors before making any investment decisions.

Motorola Solutions: Ownership Shifts & Analyst Review For Future Forecast

Exciting new developments have emerged concerning the ownership of stakes and the analysis of reports related to Motorola Solutions.

On September 7, 2023, it was unexpected to see that Alliancebernstein L.P. has gained a larger share in Motorola Solutions. In fact, they have increased their stake by 15.3% during the fourth quarter by acquiring an additional 464,771 shares, which were valued at $903,721,000. Furthermore, Geode Capital Management LLC has also experienced a slight increase of 2.4% in their possession of Motorola Solutions stock within that same period.

During the first quarter, Raymond James & Associates observed a slight increase of 0.9% in their holdings of Motorola Solutions stock. Additionally, Norges Bank is now a significant player in the game, having bought an extensive amount of shares worth $470,994,000 in the fourth quarter of last year.

In addition to the many changes happening, it was noted that Morgan Stanley increased their ownership of Motorola Solutions by 19.8% in the last quarter. This shows they have faith in the company as they now have 1,443,617 shares.

Looking at only the alterations in the ownership of Motorola Solutions, it can be seen that around 82.37% of the company's shares are in the possession of institutional investors.

On Thursday, the starting price of Motorola Solutions was $280.95. The current ratio is 1.23, which shows the company's ability to pay off its short-term obligations. Additionally, the quick ratio of 0.96 demonstrates that Motorola Solutions can handle its immediate liabilities with ease. Despite the high debt-to-equity ratio of 17.14, the company has shown exceptional management skills.

Motorola Solutions' stock could be an interesting investment opportunity for those who are willing to do more research into the company. Its market capitalization is worth $46.92 billion and its P/E ratio is 31.85. The beta value, which is almost close to 1, is 0.92.

It's worth noting that analysts have been closely examining and analyzing various factors that could affect Motorola Solutions' future success. On August 4th, Raymond James increased their price target to $320.00 and gave the company an "outperform" rating, which has resulted in investors feeling positive about the company's future prospects.

Moreover, StockNews.com just reported that Motorola Solutions got a "buy" rating. Nevertheless, Barclays adjusted their price prediction from $329.00 to $322.00, giving a less enthusiastic viewpoint.

On August 7th, JPMorgan Chase & Co. made a decision similar to Barclays by taking a careful approach. They lowered their target price from $320.00 to $311.00, however, they still rated the company as "overweight".

On the 4th of August, Morgan Stanley decided to increase its price target slightly, changing it from $290.00 to $300.00. Additionally, they gave Motorola Solutions a rating of "equal weight".

In general, the stock has received a neutral outlook from three investment analysts, while four analysts hold a positive outlook on its potential. According to Bloomberg, this results in a rating of "Moderate Buy," which corresponds with the average target price of $309.67.

In addition, there was an announcement made by Motorola Solutions that they will be distributing a quarterly dividend on October 13th this year. Those who are shareholders on September 15th will receive a dividend payment of $0.88 per share which is equivalent to an annual dividend of approximately $3.52, resulting in a yield of about 1.25%. It should be noted that the ex-dividend date is on September 14th.

Apart from the dealings that take place on Wall Street, it is important to mention that Director Kenneth D. Denman traded 1,000 shares of Motorola Solutions stock on August 11th at an average rate of $284.58 per share, resulting in a total selling price of $284,580. Mr. Denman has reported this transaction in compliance with SEC regulations, and it has been confirmed that he maintains possession of 8,101 shares which are presently valued at approximately $2,305,382.58.

To summarize, Motorola Solutions' shares have caught the interest of both institutional investors and analysts, thanks to the company's recent deals and general achievements. As stakeholders deliberately up or lower their investments in this telecommunications gear provider, it'll be exciting to observe how this affects the direction of the firm's stock in the time to come.

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