Equities research analysts predict that Motorola Solutions Inc (NYSE:MSI) will announce sales of $1.63 billion for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Motorola Solutions’ earnings. The lowest sales estimate is $1.62 billion and the highest is $1.63 billion. Motorola Solutions reported sales of $1.47 billion during the same quarter last year, which indicates a positive year over year growth rate of 10.9%. The business is scheduled to issue its next earnings report on Thursday, May 2nd.

According to Zacks, analysts expect that Motorola Solutions will report full year sales of $7.86 billion for the current financial year, with estimates ranging from $7.82 billion to $7.95 billion. For the next fiscal year, analysts anticipate that the business will report sales of $8.21 billion, with estimates ranging from $8.14 billion to $8.39 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Motorola Solutions.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings results on Thursday, February 7th. The communications equipment provider reported $2.63 earnings per share for the quarter, topping the consensus estimate of $2.41 by $0.22. The company had revenue of $2.25 billion during the quarter, compared to analysts’ expectations of $2.22 billion. Motorola Solutions had a net margin of 13.17% and a negative return on equity of 82.33%. The business’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the business earned $2.10 EPS.

Several equities analysts have recently weighed in on MSI shares. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $142.00 price target for the company in a research note on Monday, December 17th. Laurentian reissued a “hold” rating and issued a $28.50 target price on shares of Motorola Solutions in a research note on Monday, November 26th. Deutsche Bank raised their target price on shares of Motorola Solutions to $150.00 and gave the company a “buy” rating in a research note on Friday, February 8th. Credit Suisse Group decreased their target price on shares of Motorola Solutions from $137.00 to $134.00 and set an “outperform” rating for the company in a research note on Tuesday, January 8th. Finally, Raymond James set a $139.00 target price on shares of Motorola Solutions and gave the company a “buy” rating in a research note on Friday, February 8th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twelve have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $131.50.

In other Motorola Solutions news, EVP Kelly S. Mark sold 13,600 shares of the firm’s stock in a transaction on Wednesday, February 27th. The stock was sold at an average price of $142.71, for a total transaction of $1,940,856.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John P. Molloy sold 79,995 shares of the firm’s stock in a transaction on Thursday, February 21st. The shares were sold at an average price of $139.42, for a total value of $11,152,902.90. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

A number of institutional investors have recently made changes to their positions in MSI. Exane Asset Management acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $35,000. Oregon Public Employees Retirement Fund lifted its holdings in shares of Motorola Solutions by 10,544.5% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,378,307 shares of the communications equipment provider’s stock worth $38,000 after buying an additional 4,337,175 shares in the last quarter. Sontag Advisory LLC acquired a new stake in shares of Motorola Solutions during the fourth quarter worth $38,000. Global Retirement Partners LLC lifted its holdings in shares of Motorola Solutions by 296.7% during the fourth quarter. Global Retirement Partners LLC now owns 357 shares of the communications equipment provider’s stock worth $41,000 after buying an additional 267 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Motorola Solutions by 36.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 365 shares of the communications equipment provider’s stock worth $42,000 after buying an additional 98 shares in the last quarter. 86.45% of the stock is owned by institutional investors and hedge funds.

Shares of MSI opened at $140.09 on Tuesday. The company has a market cap of $22.97 billion, a PE ratio of 20.51, a price-to-earnings-growth ratio of 2.38 and a beta of 0.60. Motorola Solutions has a twelve month low of $103.18 and a twelve month high of $144.94.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 15th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.63%. The ex-dividend date of this dividend is Thursday, March 14th. Motorola Solutions’s dividend payout ratio is 33.38%.

Motorola Solutions Company Profile

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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