Congress Asset Management Co. Increases Holdings in Motorola Solutions, Inc. $MSI

Congress Asset Management Co. increased its stake in Motorola Solutions, Inc. (NYSE:MSI - Free Report) by 20.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 249,733 shares of the communications equipment provider's stock after buying an additional 42,431 shares during the quarter. Congress Asset Management Co. owned 0.15% of Motorola Solutions worth $114,200,000 at the end of the most recent quarter.Get Motorola Solutions alerts:These 3 Tech Companies Are Suddenly Paying Bigger DividendsSeveral other institutional investors also recently added to or reduced their stakes in MSI. Signature Resources Capital Management LLC bought a new stake in Motorola Solutions in the second quarter worth about $25,000. Saudi Central Bank purchased a new stake in shares of Motorola Solutions during the 1st quarter worth approximately $29,000. Whipplewood Advisors LLC raised its holdings in shares of Motorola Solutions by 289.5% in the 2nd quarter. Whipplewood Advisors LLC now owns 74 shares of the communications equipment provider's stock worth $31,000 after purchasing an additional 55 shares during the period. Rossby Financial LCC lifted its stake in Motorola Solutions by 148.6% in the second quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider's stock valued at $37,000 after purchasing an additional 52 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in Motorola Solutions in the second quarter valued at approximately $39,000. Institutional investors own 84.17% of the company's stock. Analysts Set New Price TargetsSeveral analysts have issued reports on MSI shares. Piper Sandler restated a "neutral" rating and issued a $465.00 target price (down from $495.00) on shares of Motorola Solutions in a research note on Friday, October 31st. Weiss Ratings reissued a "hold (c+)" rating on shares of Motorola Solutions in a report on Monday, December 15th. Evercore ISI upped their price objective on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an "outperform" rating in a report on Friday, August 29th. Barclays reduced their target price on shares of Motorola Solutions from $509.00 to $495.00 and set an "overweight" rating for the company in a research note on Friday, October 31st. Finally, Northcoast Research upgraded shares of Motorola Solutions from a "neutral" rating to a "buy" rating and set a $450.00 price target on the stock in a research note on Monday, December 1st. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $495.00.AXON: Competition Intensifies as Motorola Makes $4.4B AcquisitionView Our Latest Research Report on MSIMotorola Solutions Trading Down 1.0%Shares of MSI opened at $369.97 on Friday. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The stock has a market cap of $61.62 billion, a PE ratio of 29.69, a P/E/G ratio of 2.95 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. The business's 50-day moving average price is $395.74 and its 200-day moving average price is $426.69. Top Dividend Stocks Analysts Recommend for 2025Motorola Solutions (NYSE:MSI - Get Free Report) last issued its quarterly earnings data on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.85 by $0.21. The company had revenue of $3.01 billion during the quarter, compared to analysts' expectations of $2.99 billion. Motorola Solutions had a net margin of 18.71% and a return on equity of 118.48%. Motorola Solutions's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.74 earnings per share. On average, equities analysts forecast that Motorola Solutions, Inc. will post 13.55 EPS for the current fiscal year. Motorola Solutions Increases DividendThe firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be given a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.3%. This is a boost from Motorola Solutions's previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. Motorola Solutions's dividend payout ratio (DPR) is 38.84%. About Motorola Solutions (Free Report)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.Read MoreFive stocks we like better than Motorola SolutionsConference Calls and Individual InvestorsThese 3 Banks Are Rallying Into Year-End, But Will It Continue?What Are Dividend Achievers? An Introduction3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500Why Invest in High-Yield Dividend Stocks?This ETF Caught a Major Tailwind After the Fed’s Rate CutWant to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Motorola Solutions Right Now?Before you consider Motorola Solutions, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Motorola Solutions wasn't on the list.While Motorola Solutions currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here