Brokerages predict that Motorola Solutions Inc (NYSE:MSI) will post sales of $2.23 billion for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Motorola Solutions’ earnings, with the highest sales estimate coming in at $2.29 billion and the lowest estimate coming in at $2.21 billion. Motorola Solutions reported sales of $1.96 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 13.8%. The company is expected to issue its next earnings results on Thursday, February 7th.

On average, analysts expect that Motorola Solutions will report full-year sales of $7.36 billion for the current year, with estimates ranging from $7.31 billion to $7.63 billion. For the next financial year, analysts anticipate that the business will report sales of $7.78 billion, with estimates ranging from $7.64 billion to $7.98 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Motorola Solutions.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 1st. The communications equipment provider reported $1.94 EPS for the quarter, beating the Zacks’ consensus estimate of $1.72 by $0.22. The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Motorola Solutions had a negative net margin of 0.44% and a negative return on equity of 68.88%. Motorola Solutions’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.53 earnings per share.

MSI has been the topic of several research reports. Jefferies Financial Group increased their price target on shares of Motorola Solutions to $140.00 and gave the stock a “buy” rating in a research report on Monday, July 23rd. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $137.00 price target on the stock in a research report on Tuesday, July 24th. JPMorgan Chase & Co. cut shares of Motorola Solutions from a “neutral” rating to an “underweight” rating in a research report on Friday, August 3rd. Northcoast Research set a $128.00 price target on shares of Motorola Solutions and gave the stock a “buy” rating in a research report on Monday, August 6th. Finally, Argus increased their price target on shares of Motorola Solutions to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, August 7th. One analyst has rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. Motorola Solutions has an average rating of “Buy” and a consensus target price of $134.77.

Shares of MSI opened at $130.02 on Friday. The stock has a market cap of $20.75 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 1.94 and a beta of 0.46. Motorola Solutions has a 1 year low of $89.18 and a 1 year high of $131.48.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Investors of record on Friday, December 14th will be paid a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.75%. This is a positive change from Motorola Solutions’s previous quarterly dividend of $0.52. The ex-dividend date is Thursday, December 13th. Motorola Solutions’s dividend payout ratio is presently 40.00%.

In related news, CEO Cynthia Yazdi sold 735 shares of the company’s stock in a transaction that occurred on Tuesday, November 6th. The shares were sold at an average price of $124.70, for a total transaction of $91,654.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Gregory Q. Brown sold 204,953 shares of the company’s stock in a transaction that occurred on Friday, September 14th. The stock was sold at an average price of $126.47, for a total transaction of $25,920,405.91. The disclosure for this sale can be found here. Insiders have sold 937,924 shares of company stock worth $118,291,554 over the last 90 days. Insiders own 2.20% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Nordea Investment Management AB increased its stake in shares of Motorola Solutions by 1,775.1% during the third quarter. Nordea Investment Management AB now owns 285,200 shares of the communications equipment provider’s stock worth $37,114,000 after buying an additional 269,990 shares during the period. TIAA CREF Investment Management LLC increased its stake in shares of Motorola Solutions by 19.6% during the third quarter. TIAA CREF Investment Management LLC now owns 2,283,035 shares of the communications equipment provider’s stock worth $297,114,000 after buying an additional 374,328 shares during the period. Teachers Advisors LLC increased its stake in shares of Motorola Solutions by 21.9% during the third quarter. Teachers Advisors LLC now owns 1,012,288 shares of the communications equipment provider’s stock worth $131,739,000 after buying an additional 182,109 shares during the period. Kentucky Retirement Systems purchased a new stake in shares of Motorola Solutions during the third quarter worth approximately $1,283,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its stake in shares of Motorola Solutions by 14.1% during the third quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 467,800 shares of the communications equipment provider’s stock worth $60,879,000 after buying an additional 57,900 shares during the period. Hedge funds and other institutional investors own 85.83% of the company’s stock.

About Motorola Solutions

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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Earnings History and Estimates for Motorola Solutions (NYSE:MSI)

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