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CHICAGO--(BUSINESS WIRE)--Motorola Solutions (NYSE: MSI), a global leader in mission-critical safety and security solutions, today announced that Mahesh Saptharishi, Executive Vice President and CTO, will participate at the upcoming Piper Sandler Growth Frontiers Conference on Wednesday, September 16, 2026 at 09:00 a.m. CT.A live webcast and replay of the session will be featured on Motorola Solutions' Investor Relations website at www.motorolasolutions.com/investor.About Motorola Solutions | So.

Greenland Capital Management LP purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,900 shares of the communications equipment provider’s stock, valued at approximately $1,620,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Whipplewood Advisors LLC lifted its stake in Motorola Solutions by 1,966.7% in the 1st quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider’s stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of Motorola Solutions during the first quarter worth $27,000. Physician Wealth Advisors Inc. grew its stake in shares of Motorola Solutions by 540.0% during the first quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider’s stock worth $28,000 after buying an additional 54 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Motorola Solutions during the third quarter worth $31,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Motorola Solutions in the 4th quarter valued at $27,000. 84.17% of the stock is owned by institutional investors.

Insider Buying and Selling In other Motorola Solutions news, CEO Gregory Brown sold 14,220 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $485.22, for a total transaction of $6,899,828.40. Following the completion of the sale, the chief executive officer owned 66,648 shares of the company’s stock, valued at approximately $32,338,942.56. This represents a 17.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kathryn A. Moore sold 1,004 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the transaction, the senior vice president owned 1,282 shares of the company’s stock, valued at approximately $611,462.72. The trade was a 43.92% decrease in their position. The SEC filing for this sale provides additional information. 1.28% of the stock is owned by insiders.

Motorola Solutions Stock Performance Shares of Motorola Solutions stock opened at $468.28 on Monday. The stock has a market cap of $77.50 billion, a price-to-earnings ratio of 36.87, a P/E/G ratio of 2.80 and a beta of 0.88. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $494.85. The company’s fifty day moving average is $445.12 and its 200 day moving average is $437.05. The company has a quick ratio of 0.86, a current ratio of 1.10 and a debt-to-equity ratio of 3.13. Motorola Solutions (NYSE:MSI – Get Free Report) last announced its earnings results on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to analyst estimates of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.Motorola Solutions’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $3.57 EPS. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Sell-side analysts forecast that Motorola Solutions, Inc. will post 15.87 EPS for the current year.

Motorola Solutions Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th will be given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 16th. Motorola Solutions’s dividend payout ratio (DPR) is 38.11%.

Analyst Ratings Changes Several equities research analysts recently weighed in on the company. Evercore reissued an “outperform” rating and set a $550.00 price objective on shares of Motorola Solutions in a report on Wednesday, August 26th. Bank of America reiterated a “buy” rating on shares of Motorola Solutions in a research report on Thursday, August 6th. UBS Group lifted their price target on Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Piper Sandler boosted their price target on Motorola Solutions from $503.00 to $530.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Finally, Weiss Ratings downgraded Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $519.44.

Read Our Latest Stock Report on MSI

Motorola Solutions Profile (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.

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MSI Defense Solutions Selects Polar Power’s DC Power System to Support Its Advanced AI-Powered Anti-Drone and Anti-Missile Systems.

GARDENA, Calif., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a designer and manufacturer of advanced direct-current (DC) power systems, today announced that its ongoing customer diversification strategy is driving increased sales and development activity in military applications, including drone defense, robotics, unmanned surface vessels (USVs), communications, and battery charging.

Polar Power’s DC generator has been integrated into MSI Defense Solutions’ Electronic Advanced Ground Launcher System, EAGLS™, an advanced system designed for automatic threat detection, classification, and interception. EAGLS™ is currently deployed in the Middle East.

Recent conflicts have highlighted the growing limitations of traditional defense technologies when confronting agile, fast-moving, and difficult-to-intercept threats such as autonomous drones. As the modern battlespace evolves, the integration of advanced artificial intelligence with the speed and precision required for counter-unmanned aircraft systems (C-UAS) is increasingly important to achieving operational effectiveness.

EAGLS™ is designed to operate independently or as part of a broader defense network. The system incorporates proven technologies, including 360-degree radar, laser-guided rockets, and remote weapon stations.

Expanding Polar Power’s Military and Advanced-Mobility Strategy

Polar Power’s military and advanced-mobility strategy builds on its established DC generator technology and its ability to configure power systems for demanding applications where reliability, low weight, compact size, fuel efficiency, and low maintenance are critical.

Building the Power Infrastructure for Unmanned Systems

Polar Power intends to position itself as a supplier of field power infrastructure designed to keep unmanned systems operational in remote, off-grid, and mission-critical environments.

Drones and other unmanned systems are increasingly being deployed across defense and commercial applications, including intelligence and reconnaissance, logistics, infrastructure inspection, agriculture, public safety, and autonomous defense operations. As these systems become more capable and remain deployed for longer periods, reliable field power, propulsion, and battery-charging infrastructure become increasingly important.

About Polar Power

Gardena, California-based Polar Power, Inc. (NASDAQ: POLA), is a technology company that designs, manufactures and sells direct current, or DC, power systems, lithium battery powered hybrid solar systems for applications in the telecommunications market and, in other markets, including military, EV charging, cogeneration, distributed power and uninterruptable power supply. Within the telecommunications market, Polar Power’s systems provide reliable and low-cost energy for applications for off-grid and bad-grid applications with critical power needs that cannot be without power in the event of utility grid failure.

For more information, please visit www.polarpower.com. or follow Polar Power on www.linkedin.com/company/polar-power-inc/.

About MSI Defense Solutions

MSI Defense Solutions is a U.S. defense technology and systems integration company specializing in tactical ground platforms, counter-UAS solutions, expeditionary air defense systems, and maritime weapons integration. MSI Defense Solutions designs, tests, and manufactures advanced mobility and weapons integration platforms supporting U.S. and allied forces worldwide. The company’s maritime integration capabilities span weapons systems, electronics, structural modification, and C2 development — delivering modernized lethality to legacy and transferred naval platforms under DoD and allied FMS programs.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws, including statements regarding Polar Power’s strategy and expected expansion into the drone, robotics, and unmanned-systems power markets; anticipated growth and adoption of unmanned systems; the Company’s ability to apply its existing technology and manufacturing capabilities to these markets; and the potential for future products, programs, customer engagements, and production orders.

These statements are based on current expectations and are subject to risks and uncertainties, including market adoption, competition, product development, qualification and testing requirements, production and supply-chain risks, customer concentration, the Company’s capital position and Nasdaq listing compliance status, and other risks described in the Company’s filings with the Securities and Exchange Commission. Actual results could differ materially from those expressed or implied by these forward-looking statements. There can be no assurance that Polar Power’s expansion into these markets will be successful or result in additional revenue or production contracts. Polar Power undertakes no obligation to update forward-looking statements except as required by law.

Learn more at www.msidefense.com

Media and Investor Relations
Polar Power, Inc.
249 E. Gardena Blvd.
Gardena, CA 90248
Tel: 310-830-9153
Email: [email protected]
www.polarpower.com

Polar Power, Inc.

Polar Power, Inc. Polar Power Announces MSI Defense Solutions’ Adoption of Its DC Generator for EAGLS™

Key Takeaways MSI connected teams across venues with WAVE PTX and TLK radios for reliable communication.AI-enabled video analytics detected unusual activity and unauthorized access, sending automated alerts.Halo Smart Sensors detected acoustic anomalies in private spaces where video surveillance was unsuitable. Motorola Solutions, Inc. (MSI - Free Report) provided an integrated communications and security technology ecosystem for the 2026 Central American and Caribbean Games in the Dominican Republic. Its solutions supported the safety and coordination of approximately 6,000 athletes and a vast number of spectators across 46 venues.

Motorola’s WAVE PTX broadband push-to-talk service was used to connect personnel equipped with TLK radios across different venues and devices, addressing communication gaps within complex stadium environments. The platform enabled security and medical teams to communicate effectively and maintain reliable connectivity across multiple locations.

The company also used its cloud-native video security platform with artificial intelligence (AI)-enabled analytics to monitor venues and detect unusual activity and unauthorized access, providing security teams with automated alerts and greater situational awareness. Motorola’s Halo Smart Sensors further strengthened security by detecting acoustic anomalies in areas where video surveillance was unsuitable, including private spaces like bathrooms.

With these deployments, Motorola demonstrated the value of real-time communication and automated security monitoring in managing a large, multi-venue sporting event. By improving situational awareness and enabling faster coordination, the company strengthened its operational efficiency and risk management capabilities.

How Are Competitors Performing in the Security Domain?Motorola faces competition from Axon Enterprise, Inc. (AXON - Free Report) and Cloudastructure Inc. (CSAI - Free Report) . Axon has expanded its AI-powered security capabilities through Axon Vision, which helps detect incidents such as unauthorized access and physical altercations from live camera feeds. The company is expanding AI tools to help public-safety personnel access and analyze information more efficiently. Axon is expanding its 911 platform to strengthen cloud-based emergency response services.

Cloudastructure provides AI-powered video surveillance and remote guarding services for commercial and residential properties. The company was selected to deploy its AI surveillance and remote guarding platform across multifamily communities in Arizona. Cloudastructure’s platform uses AI to detect unusual activity and send real-time alerts for faster security response.

MSI’s Price Performance, Valuation & EstimatesMotorola shares have gained 3.5% over the past year compared with the industry’s 28.8% growth.

Image Source: Zacks Investment Research

From a valuation standpoint, Motorola trades at a forward price-to-sales ratio of 5.93, above the industry tally of 5.

Image Source: Zacks Investment Research

Earnings estimates for 2026 have increased 4.4% to $17.7 over the past 60 days, while the same for 2027 have increased 3% to $18.98.

Image Source: Zacks Investment Research

Motorola currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

BNP Paribas raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 10.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,636 shares of the communications equipment provider’s stock after purchasing an additional 2,884 shares during the period. BNP Paribas’ holdings in Motorola Solutions were worth $12,307,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MSI. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Motorola Solutions in the 4th quarter valued at $27,000. Whipplewood Advisors LLC grew its holdings in Motorola Solutions by 1,966.7% during the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider’s stock valued at $27,000 after purchasing an additional 59 shares during the last quarter. Western Wealth Management LLC bought a new stake in Motorola Solutions during the first quarter valued at about $27,000. MidAtlantic Capital Management Inc. bought a new position in Motorola Solutions in the 4th quarter worth approximately $28,000. Finally, Physician Wealth Advisors Inc. increased its stake in Motorola Solutions by 540.0% during the first quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider’s stock valued at $28,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analysts Set New Price Targets Several equities research analysts have weighed in on MSI shares. Bank of America restated a “buy” rating on shares of Motorola Solutions in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price target on shares of Motorola Solutions from $525.00 to $545.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. UBS Group raised their price objective on shares of Motorola Solutions from $510.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Morgan Stanley restated an “overweight” rating and issued a $476.00 price target on shares of Motorola Solutions in a research report on Thursday, August 6th. Finally, Piper Sandler upped their price objective on Motorola Solutions from $503.00 to $530.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $519.44.

Read Our Latest Research Report on MSI Insider Buying and Selling at Motorola Solutions In other Motorola Solutions news, SVP Kathryn A. Moore sold 1,004 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $476.96, for a total transaction of $478,867.84. Following the transaction, the senior vice president owned 1,282 shares of the company’s stock, valued at $611,462.72. The trade was a 43.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.28% of the stock is owned by insiders.

Motorola Solutions Stock Performance MSI opened at $486.43 on Friday. The business’s 50-day moving average price is $436.90 and its two-hundred day moving average price is $435.71. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $493.57. The company has a market capitalization of $80.50 billion, a price-to-earnings ratio of 38.30, a P/E/G ratio of 2.91 and a beta of 0.87. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.10 and a quick ratio of 0.86.

Motorola Solutions (NYSE:MSI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The communications equipment provider reported $4.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.85 by $0.56. The business had revenue of $3.13 billion during the quarter, compared to the consensus estimate of $3 billion. Motorola Solutions had a return on equity of 98.22% and a net margin of 17.44%.Motorola Solutions’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the company earned $3.57 earnings per share. Motorola Solutions has set its Q3 2026 guidance at 4.390-4.440 EPS and its FY 2026 guidance at 17.620-17.720 EPS. Equities analysts expect that Motorola Solutions, Inc. will post 15.87 EPS for the current fiscal year.

Motorola Solutions Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 16th will be issued a $1.21 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $4.84 annualized dividend and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio (DPR) is presently 38.11%.

Motorola Solutions Profile (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.

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Key Takeaways MSI's D-Fend acquisition expands its public-safety portfolio with counter-drone technology.D-Fend's technology can safely take control of rogue drones and direct them to designated landing areas.D-Fend's strong presence across 30 countries gives MSI cross-selling opportunities. Motorola Solutions, Inc. (MSI - Free Report) is strengthening its public-safety portfolio by acquiring D-Fend Solutions. The deal is valued at $1.5 billion. The acquisition extends MSI’s capabilities in counter-drone technology. This can open up new opportunities for the company in the airspace security market.

D-Fend specializes in counter-unmanned aerial systems (C-UAS). The integration of these capabilities will give MSI access to the technology designed to detect and safely neutralize unauthorized drones. D-Fend’s unique technology also provides critical differentiation. Unlike conventional counter-drone approaches that may rely on jamming, D-Fend’s technology can take control of a rogue drone and direct it to a designated landing area.

D-Fend already boasts a strong customer base. Its technology has been deployed across airports, critical infrastructure, stadiums, military bases and borders in more than 30 countries. This is significant because such a vast presence will give Motorola an opportunity to scale up using D-Fend’s existing customer relationships. Hence, the integration has created a major cross-selling opportunity for MSI.

Owing to these factors, the acquisition is strategically positive and will accelerate growth. However, the financial gains in the long run will depend on integration and MSI’s ability to scale the leading-edge technology across its customer base.

How Are Competitors Faring?Motorola faces competition from Axon Enterprise (AXON - Free Report) and RTX Corporation (RTX - Free Report) in this domain. RTX boasts a robust portfolio of sensors, effectors and command-and-control capabilities. Its KuRFS radar provides 360-degree detection, identification and tracking of airborne threats, including drones. RTX’s Coyote systems are designed to bring drones down and disable them.

Axon is also becoming a leading player in counter-drone tech. The acquisition of Dedrone’s advanced airspace technology (including radar, radio frequency (RF) and acoustic sensors) boosted Axon's capability to enable customers to protect their communities against drone threats and improve response to critical incidents. Axon is strengthening its position in the counter-drone space with the growing capabilities of its Dedrone offerings and Artificial Intelligence (AI)-powered command-and-control platform.

MSI’s Price Performance, Valuation & EstimatesMSI stock has declined 2.4% over the past year against the Wireless Equipment industry’s growth of 38.2%.

Image Source: Zacks Investment Research

Going by the forward price-to-earnings ratio, the company’s shares currently trade at 25.58 forward earnings, lower than the industry’s 31.44.

Image Source: Zacks Investment Research

Earnings estimates for MSI for 2026 and 2027 have moved upward in the past 60 days.

Image Source: Zacks Investment Research

MSI currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

CHICAGO--(BUSINESS WIRE)--Motorola Solutions, Inc. (NYSE: MSI) today announced that its board of directors has approved a regular quarterly dividend of one dollar and twenty-one cents ($1.21) per share. The next quarterly dividend will be payable in cash on October 15, 2026, to shareholders of record at the close of business on September 16, 2026. About Motorola Solutions | Solving for safer Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect tec.

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.

By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.

However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the traditional growth attributes to analyze a company's real growth prospects, makes it pretty easy to find cutting-edge growth stocks.

Our proprietary system currently recommends Motorola (MSI - Free Report) as one such stock. This company not only has a favorable Growth Score, but also carries a top Zacks Rank.

Research shows that stocks carrying the best growth features consistently beat the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better.

Here are three of the most important factors that make the stock of this communications equipment maker a great growth pick right now.

Earnings GrowthArguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration.

While the historical EPS growth rate for Motorola is 13.6%, investors should actually focus on the projected growth. The company's EPS is expected to grow 11.8% this year, crushing the industry average, which calls for EPS growth of 0.8%.

Impressive Asset Utilization RatioAsset utilization ratio -- also known as sales-to-total-assets (S/TA) ratio -- is often overlooked by investors, but it is an important indicator in growth investing. This metric exhibits how efficiently a firm is utilizing its assets to generate sales.

Right now, Motorola has an S/TA ratio of 0.64, which means that the company gets $0.64 in sales for each dollar in assets. Comparing this to the industry average of 0.59, it can be said that the company is more efficient.

While the level of efficiency in generating sales matters a lot, so does the sales growth of a company. And Motorola is well positioned from a sales growth perspective too. The company's sales are expected to grow 11.1% this year versus the industry average of 0%.

Promising Earnings Estimate RevisionsSuperiority of a stock in terms of the metrics outlined above can be further validated by looking at the trend in earnings estimate revisions. A positive trend is of course favorable here. Empirical research shows that there is a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

The current-year earnings estimates for Motorola have been revising upward. The Zacks Consensus Estimate for the current year has surged 1% over the past month.

Bottom LineMotorola has not only earned a Growth Score of B based on a number of factors, including the ones discussed above, but it also carries a Zacks Rank #2 because of the positive earnings estimate revisions.

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

This combination positions Motorola well for outperformance, so growth investors may want to bet on it.

Motorola's $1.5B Bet to Own the SkiesMotorola Solutions NYSE: MSI reported record second-quarter sales and earnings for 2026, with revenue rising 13% as demand increased across its Products and Systems Integration and Software and Services segments. The company raised its full-year revenue and earnings outlook, citing continued strength in land mobile radio, or LMR, systems, the Silvus business and its broader safety and security portfolio.

Chairman and CEO Greg Brown called the quarter “exceptional,” saying growth was supported by double-digit increases in both operating segments and across the company’s three technologies. He said mission-critical network sales exceeded expectations in public-safety LMR, while Silvus continued to perform strongly.

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Second-Quarter Results and Margins These 3 Tech Companies Are Suddenly Paying Bigger DividendsSecond-quarter revenue increased 13%, with acquisitions contributing $243 million and favorable foreign exchange contributing $35 million. GAAP operating earnings were $809 million, or 25.8% of sales, compared with 25% in the prior-year period.

Non-GAAP operating earnings totaled just over $1 billion, rising 26% from a year earlier. Non-GAAP operating margin was 32.9%, an increase of 330 basis points. The result included a $60 million benefit from refunds related to the International Emergency Economic Powers Act, or IEEPA. Excluding that benefit, non-GAAP operating margin expanded 140 basis points.

AXON: Competition Intensifies as Motorola Makes $4.4B AcquisitionGAAP earnings per share rose to $3.33 from $3.04 a year earlier. Non-GAAP EPS increased 24% to $4.41, up from $3.57. CFO Jason Winkler said the increase reflected higher operating earnings and a $0.25-per-share benefit from the IEEPA refunds, partly offset by higher interest expense.

Operating cash flow was $469 million, up $197 million from the prior year, while free cash flow increased $190 million to $414 million. The company attributed the gains primarily to higher earnings, partly offset by increased inventory investment.

Segment Growth and Major Orders Products and Systems Integration revenue grew 15% year over year, led by mission-critical networks and video. Segment operating earnings reached $599 million, or 31.4% of sales, compared with 26.7% a year earlier. Excluding the IEEPA refunds, segment operating margin expanded 150 basis points.

The company highlighted several major Products and Systems Integration awards, including:

A $36 million P25 device and SVX order from a U.S. federal customer. A $20 million P25 device order from Atlanta and a $17 million device order from Miami-Dade Corrections. Next-generation P25 infrastructure awards valued at $52 million, $34 million and $22 million for a U.S. federal customer, a Southeastern state and local customer, and St. Louis County, Missouri, respectively. Software and Services revenue increased 10%, with growth across all three technologies. Segment operating earnings were $433 million, or 35.3% of revenue, compared with 33.8% in the prior-year quarter. Notable wins included a $24 million P25 services order from a North American energy company, a $20 million command center order from the Montana Department of Justice, and mobile video orders valued at $25 million from the Florida Highway Patrol and $24 million from the Kansas City Police Department.

Brown said the Florida Highway Patrol and Kansas City Police Department were first-time users of Motorola Solutions’ body-worn camera and in-car video products. The awards included the company’s responder AI Assist capabilities.

Backlog, Silvus and Infrastructure Demand Ending backlog reached a record $15.6 billion, up 11% or $1.5 billion from a year earlier. Backlog declined $71 million sequentially, primarily due to revenue recognition for the U.K. Home Office program. Software and Services backlog rose $1.2 billion from the prior year, driven by demand for multiyear contracts across the company’s technologies.

Winkler said Silvus generated approximately $210 million of revenue in the first quarter and $230 million in the second quarter. Motorola Solutions now expects Silvus to generate about $850 million of revenue for the full year. COO Jack Molloy said the company has expanded capacity at Silvus’ Los Angeles site and is constructing a manufacturing facility in Salt Lake City, with benefits expected in 2027. Motorola Solutions has also doubled the Silvus sales force, executives said.

The company expects its D-Series P25 infrastructure platform to contribute to second-half growth. Molloy said UHF products are expected to begin shipping in the fourth quarter. Executives described the D-Series upgrade cycle as a multiyear opportunity, noting that infrastructure upgrades and associated long-term software and services agreements could continue into the 2030s.

Raised Outlook and Cost Considerations Motorola Solutions raised its full-year revenue outlook to approximately $12.975 billion from $12.8 billion previously. It now expects non-GAAP EPS of $17.62 to $17.72, compared with prior guidance of $16.87 to $16.99.

The company expects third-quarter sales growth of approximately 8% and non-GAAP EPS of $4.39 to $4.44. For the full year, it expects Products and Systems Integration revenue to grow 11% and Software and Services revenue to grow 11%. By technology, management forecasts mission-critical networks growth of 10% to 11%, video growth of 11%, and command center growth of about 15%.

Winkler said the $175 million increase in full-year revenue guidance is expected to come from mission-critical networks, including about $100 million from Silvus and the remaining amount from public-safety LMR demand. The company expects tariff impacts to be neutral for the year, as the second-quarter IEEPA refunds offset its previously anticipated $60 million of tariff headwinds.

Motorola Solutions now expects direct memory spending of roughly $150 million in 2026, compared with $50 million in 2025. The company has increased inventory and worked with suppliers to secure supply continuity. Despite higher memory costs, management expects full-year gross margin to be comparable with last year and operating margin to expand by approximately 170 basis points.

The company also said it expects to close its $1.5 billion acquisition of counter-drone company D-Fend Solutions during the second half, subject to regulatory approvals. Motorola Solutions plans to finance the acquisition with approximately $1 billion of incremental debt and expects year-end net debt to EBITDA leverage of about two times.

About Motorola Solutions (NYSE:MSI)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.

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 [email protected].

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Motorola Solutions, Inc. (MSI - Free Report) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, MSI's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross."

A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common moving averages being the 50-day and the 200-day, since bigger time periods tend to form stronger breakouts.

A successful golden cross event has three stages. It first begins when a stock's price on the decline bottoms out. Then, its shorter moving average crosses above its longer moving average, triggering a positive trend reversal. The third and final phase occurs when the stock maintains its upward momentum.

A golden cross contrasts with a death cross, another widely-followed chart pattern that suggests bearish momentum could be on the horizon.

MSI could be on the verge of a breakout after moving 13.6% higher over the last four weeks. Plus, the company is currently a #2 (Buy) on the Zacks Rank.

Once investors consider MSI's positive earnings outlook for the current quarter, the bullish case only solidifies. No earnings estimate has gone lower in the past two months compared to 1 revision higher, and the Zacks Consensus Estimate has increased as well.

Investors may want to watch MSI for more gains in the near future given the company's key technical level and positive earnings estimate revisions.

Key Takeaways Motorola Solutions posted 13% sales growth and 24% higher non-GAAP earnings in the second quarter.MSI ended Q2 with a record $15.6 billion backlog and raised its full-year 2026 revenue outlook.Acquisition costs, higher memory expenses and elevated inventory could pressure margins and cash flow. Motorola Solutions, Inc. (MSI - Free Report) has posted a sharp three-month gain as investors assess whether improving operating results can support further appreciation. The company’s second-quarter results and raised full-year outlook point to continued demand across mission-critical communications, video and command center solutions.

The near-term case rests on broad-based revenue growth, record backlog and higher earnings guidance. At the same time, acquisition-related costs, higher memory and component expenses and an elevated inventory position could limit margin and cash-flow gains.

Image Source: Zacks Investment Research

MSI’s Recent Gains Reflect Stronger FundamentalsMotorola reported second-quarter sales of $3.13 billion, up 13% year over year, while non-GAAP earnings rose 24% to $4.41 per share. Products and Systems Integration sales increased 15%, while Software and Services sales rose 10%, giving the quarter growth across both segments.

Operating performance also improved. Non-GAAP operating margin reached 32.9%, up 330 basis points year over year, although the figure included a $60 million benefit from International Economic Emergency Powers Act refunds. Excluding that benefit, margin expanded 140 basis points.

Motorola Expands Its Growth DriversGrowth was broad across the company’s three technologies. Mission Critical Networks revenues increased 14%, Video revenues rose 12% and Command Center revenues advanced 14% in the second quarter. Management also cited demand for APX NEXT devices, next-generation D-Series infrastructure and AI-enabled workflows.

The broader public-safety technology market includes Axon Enterprise, Inc. AXON, which provides body cameras, cloud software and other connected public-safety technologies. L3Harris Technologies, Inc. LHX also serves public-safety communications with P25, dispatch and managed-services solutions. These businesses highlight the wider shift toward connected communications, software and data-driven public-safety tools.

MSI’s Backlog Supports Revenue VisibilityMotorola ended the second quarter with a record $15.6 billion backlog, up 11% from a year ago. Software and Services backlog increased $1.2 billion, while Products and Systems Integration backlog rose $329 million. Record orders across all three technologies helped lift the backlog.

The company expects third-quarter revenues to grow approximately 8% year over year. It also raised its full-year 2026 outlook to approximately $12.975 billion in revenue and non-GAAP earnings of $17.62-$17.72 per share. The higher outlook provides a clearer earnings framework for the second half of the year.

Motorola Still Faces Execution RisksAcquisitions are expanding Motorola’s portfolio but also add financial and integration demands. The company agreed to acquire D-Fend Solutions for $1.5 billion and expects to close the Bell Canada LMR networks services transaction in late fourth-quarter 2026. Higher interest expense, acquisition-related operating costs and amortization can weigh on earnings as the company integrates these businesses.

Supply-chain pressures remain another variable. Motorola said memory costs have risen as AI-related demand has increased, while tariffs, import and export regulations and higher inventory levels are adding uncertainty. The company is working with suppliers and taking mitigation actions, but elevated material and component costs could continue to pressure margins.

MSI’s Zacks Rank Signals Favorable Near-Term MomentumMotorola Solutions currently carries a Zacks Rank #2 (Buy), which indicates favorable earnings estimate-revision trends in the short term. The Zacks Rank is designed for a one to three-month horizon, making it relevant when assessing whether recent stock-price momentum may persist. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Its Style Scores are less supportive across the board. MSI has a Value Score of D, Growth Score of C, Momentum Score of D and VGM Score of D. Style Scores complement the Zacks Rank by assessing value, growth and momentum characteristics, with A and B representing the stronger grades. The combination suggests that while the current Rank is favorable, the stock does not have the broad Style Score support typically associated with the strongest short-term setups.

Motorola Solutions (MSI), the public-safety communications and security technology leader, blasted about 8.2% higher in Thursday morning trading after deliverin

CHICAGO--(BUSINESS WIRE)--Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the second quarter of 2026.

“Q2 was exceptional across the board,” said Greg Brown, chairman and CEO, Motorola Solutions. “This performance, along with record Q2 orders, is driving very strong momentum into the second half of this year.”

KEY FINANCIAL RESULTS (presented in millions, except per share data and percentages)

Q2 2026

Q2 2025

% Change

Sales

$3,133

$2,765

13 %

GAAP

Operating Earnings2

$809

$692

17 %

% of Sales2

25.8 %

25.0 %

EPS2

$3.33

$3.04

10 %

Non-GAAP1

Operating Earnings2

$1,032

$818

26 %

% of Sales2

32.9 %

29.6 %

EPS2

$4.41

$3.57

24 %

Products and Systems Integration Segment

Sales

$1,908

$1,653

15 %

GAAP Operating Earnings2

$453

$363

25 %

% of Sales2

23.7 %

22.0 %

Non-GAAP1 Operating Earnings2

$599

$442

36 %

% of Sales

31.4 %

26.7 %

Software and Services Segment

Sales

$1,225

$1,112

10 %

GAAP Operating Earnings

$356

$329

8 %

% of Sales

29.1 %

29.6 %

Non-GAAP1 Operating Earnings

$433

$376

15 %

% of Sales

35.3 %

33.8 %

OTHER SELECTED FINANCIAL RESULTS

Revenue - Sales were $3.1 billion, up 13% from the year-ago quarter driven by growth in North America and International. Revenue from acquisitions was $243 million and foreign currency tailwinds were $35 million in the quarter. The Products and Systems Integration segment grew 15% driven by growth in Mission Critical Networks ("MCN") and Video Security and Access Control ("Video"). The Software and Services segment grew 10% driven by growth in MCN, Command Center and Video. Operating margin - GAAP operating margin was 25.8% of sales, up from 25.0% in the year-ago quarter and Non-GAAP operating margin was 32.9% of sales, up 330 basis points from 29.6% a year ago. The increase in both GAAP and non-GAAP operating margin was driven by higher sales and improved operating leverage, inclusive of higher direct material costs and a $60 million benefit, or 190 bps, from IEEPA refunds recorded during the quarter. Taxes - The GAAP effective tax rate during the quarter was 24.8%, versus 24.3% in the year-ago quarter and the non-GAAP effective tax rate was 22.6%, versus 23.5% in the year-ago quarter. The decrease in the non-GAAP effective tax rate was primarily driven by a higher deduction for income generated from export sales recognized in the current quarter. Cash flow - Operating cash flow was $469 million, compared to $272 million in the year-ago quarter, and free cash flow was $414 million, compared to $224 million in the year-ago quarter. Both the operating cash flow and free cash flow for the quarter increased primarily due to higher earnings, net of non-cash charges and lower tax payments, partially offset by higher investments in inventory. Capital allocation - During the quarter, the company repurchased $326 million of common stock at an average price of $413.53 per share, paid $201 million in cash dividends and invested $55 million in capital expenditures. The company also entered into a definitive agreement to acquire D-Fend Solutions ("D-Fend"), an industry leader in counter-drone technology, for $1.5 billion. Backlog - The company ended the quarter with record Q2 backlog of $15.6 billion, up 11% or $1.5 billion from the year-ago quarter driven by record Q2 orders. Products and Systems Integration segment backlog was up $329 million, or 10%, driven primarily by strong demand in MCN and Video. Software and Services segment backlog was up $1.2 billion, or 11%, driven by strong demand across all three technologies. NOTABLE WINS AND ACHIEVEMENTS

Products and Systems Integration

$52 million P25 systems order for a U.S. federal customer $36 million P25 device and SVX order for a U.S. federal customer $34 million P25 system upgrade for a U.S. state and local customer $22 million P25 system upgrade for St. Louis County, MO $20 million P25 device order for Atlanta, GA $17 million P25 device order for Miami-Dade Corrections, FL Software and Services

$25 million mobile video order for the Florida Highway Patrol $24 million mobile video order for Kansas City Police Dept, MO $24 million P25 services order for a North American energy company $20 million Command Center order for the State of Montana Dept of Justice $16 million P25 services order for Fulton County, GA $14 million Command Center order for Hillsborough County, FL BUSINESS OUTLOOK

Third quarter 2026 - The company expects revenue growth of approximately 8% compared to the third quarter of 2025 and non-GAAP EPS between $4.39 and $4.44 per share. This assumes approximately 168 million of fully diluted shares and a non-GAAP effective tax rate of approximately 23%. Full-year 2026 - The company now expects revenue of approximately $12.975 billion, up from its prior guidance of $12.8 billion and non-GAAP EPS between $17.62 and $17.72 per share, up from the prior guidance of between $16.87 and $16.99 per share. This outlook assumes approximately 168 million of fully diluted shares and a non-GAAP effective tax rate between 22% and 22.5%. The company has not quantitatively reconciled its guidance for forward-looking non-GAAP measurements in this news release to their most comparable GAAP measurements because the company does not provide specific guidance for the various reconciling items as certain items that impact these measurements have not occurred, are out of the company’s control, or cannot be reasonably predicted. Accordingly, a reconciliation to the most comparable GAAP financial measurement is not available without unreasonable effort. Please note that the unavailable reconciling items could significantly impact the company’s results.

RECENT EVENTS

MACROECONOMIC ENVIRONMENT UPDATE

The global trade landscape continues to shift rapidly, including evolving tariffs and import/export regulations, such as restrictions around rare earth minerals, trade barriers and trade disputes.

On February 20, 2026, a U.S. Supreme Court ruling invalidated tariffs imposed under the International Emergency Economic Powers Act (“IEEPA”). On April 20, 2026, the U.S. Customs and Border Protection launched a system to process IEEPA tariff refund claims. Following the implementation of this system, the company determined that the recovery of a portion of these refunds is now probable. Accordingly, during the quarter ended July 4, 2026, the company recognized a favorable adjustment of $60 million recorded within Cost of sales in its Condensed Consolidated Statements of Operations.

In addition, the company is experiencing higher costs for memory in its products which is a result of substantial demand in the market driven by AI. As a result, the company continues to observe elevated volatility and uncertainty around the global supply chain. The company engages with global suppliers across a diverse network of locations around the world. The company is actively managing its inventory and continues to work with its global supply base to mitigate its exposure to elevated volatility and uncertainty from these rising memory costs, as well as global tariffs and import/export regulations that have developed, and which may continue to develop, to ensure supply continues at levels necessary to meet its current customer demand. The company expects inventory levels to remain elevated as it mitigates this dynamic supply chain environment. The current environment has led to increased costs on materials and components, for which the company continues to develop mitigation actions going forward.

CONFERENCE CALL AND WEBCAST Motorola Solutions will host its quarterly conference call beginning at 4 p.m. U.S. Central Time (5 p.m. U.S. Eastern Time) on Wednesday, August 5. The conference call will be webcast live at www.motorolasolutions.com/investors. An archive of the webcast will be available for a limited period of time thereafter.

CONSOLIDATED GAAP RESULTS (presented in millions, except per share data)

A comparison of results from operations is as follows:

Q2 2026

Q2 2025

Net sales

$3,133

$2,765

Gross margin

$1,678

$1,413

Operating earnings

$809

$692

Amounts attributable to Motorola Solutions, Inc. common stockholders

Net earnings

$557

$513

Diluted EPS

$3.33

$3.04

Weighted average diluted common shares outstanding

167.2

168.8

USE OF NON-GAAP FINANCIAL INFORMATION

In addition to the results presented in accordance with accounting principles generally accepted in the U.S. ("GAAP") included in this news release, Motorola Solutions also has included non-GAAP measurements of results, including free cash flow, non-GAAP operating earnings, non-GAAP EPS, non-GAAP operating margin, non-GAAP net earnings attributable to MSI, non-GAAP tax rate, and organic revenue. The company has provided these non-GAAP measurements to help investors better understand its core operating performance, enhance comparisons of core operating performance from period-to-period and allow better comparisons of its operating performance to that of its competitors. Among other things, management uses these operating results, excluding the identified items, to evaluate the performance of its businesses and to evaluate results relative to certain incentive compensation targets. Management uses operating results excluding these items because it believes these measurements enable it to make better period-to-period evaluations of the financial performance of its core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and the company compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, GAAP measurements.

Reconciliations: Details and reconciliations of such non-GAAP measurements to the corresponding GAAP measurements can be found at the end of this news release.

Free cash flow: Free cash flow represents net cash provided by operating activities less capital expenditures. The company believes that free cash flow is useful to investors as the basis for comparing its performance and coverage ratios with other companies in the company's industries, although the company's measure of free cash flow may not be directly comparable to similar measures used by other companies. This measure is also used as a component of incentive compensation.

Organic Revenue: Organic revenue reflects net sales calculated under GAAP excluding net sales from acquired business owned for less than four full quarters. The company believes organic revenue provides useful information for evaluating the periodic growth of the business on a consistent basis and provides for a meaningful period-to-period comparison and analysis of trends in the business.

Non-GAAP operating earnings, non-GAAP EPS, non-GAAP operating margin and non-GAAP net earnings attributable to MSI each excludes highlighted items, including share-based compensation expenses and intangible assets amortization expense, as follows:

Highlighted items: The company has excluded the effects of highlighted items including, but not limited to, acquisition-related transaction fees, tangible and intangible asset impairments, reorganization of business charges, certain non-cash pension adjustments, legal settlements and other contingencies, gains and losses on investments and businesses, Hytera-related legal expenses, gains and losses on the extinguishment of debt, adjustments to contingent earnout, and the income tax effects of significant tax matters, from its non-GAAP operating expenses and net income measurements because the company believes that these historical items do not reflect expected future operating earnings or expenses and do not contribute to a meaningful evaluation of the company's current operating performance or comparisons to the company's past operating performance. For the purposes of management's internal analysis over operating performance, the company uses financial statements that exclude highlighted items, as these charges do not contribute to a meaningful evaluation of the company's current operating performance or comparisons to the company's past operating performance.

Hytera-Related Legal Expenses: In 2017, the company filed a complaint against Hytera Communications Corporation Limited of Shenzhen, China; Hytera America, Inc.; and Hytera Communications America (West), Inc. (collectively, "Hytera"), in the U.S. District Court for the Northern District of Illinois (the "District Court"), alleging trade secret theft and copyright infringement, and seeking injunctive relief. In 2020, a jury decided in the company's favor, ultimately resulting in an award to the company of $543.7 million, plus $51.1 million in pre-judgment interest and $2.6 million in costs, as well as $34.2 million in attorneys' fees.

In 2024, after both parties appealed to the U.S. Court of Appeals for the Seventh Circuit (the "Court of Appeals"), the Court of Appeals, among other items, affirmed the District Court's award of $407.4 million in damages under the Defend Trade Secrets Act, and directed the District Court to recalculate and reduce its award of $136.3 million in copyright infringement damages, which remains subject to ruling by the District Court. As of July 4, 2026, as a result of this civil litigation and 2020 bankruptcy proceedings by Hytera America, Inc. and Hytera Communications America (West), Inc., Hytera had paid $232 million against this award, $60 million of which was paid in the first half of 2026. These payments were recorded as a gain within Other charges within the Consolidated Statement of Operations.

Further, in 2022, the District Court ordered Hytera to pay the company a forward-looking reasonable royalty on Hytera’s products (“I-Series”) that use the company’s stolen trade secrets, applicable to I-Series products sold from July 1, 2019 forward. In 2024, the company received royalties of $61 million related to the I-Series products, which was recorded as a gain within Other charges within the Consolidated Statement of Operations. Beginning in 2025, a favorable ruling in a related legal proceeding in the District Court (which Hytera has subsequently appealed to the Court of Appeals) also ordered Hytera to pay the company for Hytera’s continued use of the company’s trade secrets and copyrighted source code in Hytera’s currently shipping products (“H-Series”), and Hytera has subsequently reported to the company approximately $116 million in royalties subject to the Court's order. While several aspects of the court proceedings related to the H-Series are subject to appeal, the company continues to seek collection of the amounts owed by Hytera through the ongoing legal process.

Management typically considers legal expenses associated with defending the company's intellectual property as “normal and recurring.” Since 2020, the company has believed that Hytera-related legal expenses have not been part of its “normal and recurring” legal expenses incurred to operate its business and has accordingly excluded such expenses from its GAAP operating Income. In addition, as any contingent or actual gains associated with the Hytera litigation are recognized, they will be similarly excluded from the company's non-GAAP operating income, consistent with the company's treatment of the approximately $15 million realized in 2022, $61 million realized in 2024, $157 million realized in 2025, and $60 million realized in the first half of 2026. The company believes after the jury award, the presentation of excluding both Hytera-related legal expenses and gains related to awards better aligns with how management evaluates the company's ongoing underlying business performance.

Share-based compensation expenses: The company has excluded share-based compensation expense from its non-GAAP operating expenses and net income measurements. Although share-based compensation is a key incentive offered to the company’s employees and the company believes such compensation contributed to the revenue earned during the periods presented and also believes it will contribute to the generation of future period revenues, the company continues to evaluate its performance excluding share-based compensation expense primarily because it represents a significant non-cash expense. Share-based compensation expense will recur in future periods.

Intangible assets amortization expense: The company has excluded intangible assets amortization expense from its non-GAAP operating expenses and net earnings measurements primarily because it represents a non-cash expense and because the company evaluates its performance excluding intangible assets amortization expense. Amortization of intangible assets is consistent in amount and frequency but is significantly affected by the timing and size of the company’s acquisitions. Investors should note that the use of intangible assets contributed to the company’s revenues earned during the periods presented and will contribute to the company’s future period revenues as well. Intangible assets amortization expense will recur in future periods.

FORWARD LOOKING STATEMENTS

This news release contains "forward-looking statements" within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as “believes,” “expects,” “intends,” “anticipates,” “estimates” and similar expressions. The company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent the company’s views only as of today and should not be relied upon as representing the company’s views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, Motorola Solutions’ financial outlook for the third quarter and full-year of 2026; and the impact of changes in the global trade environment, the dynamic supply chain environment and the memory market on Motorola Solutions' business, and Motorola Solutions' actions in response thereto (including with respect to inventory levels). Motorola Solutions cautions the reader that the risks and uncertainties below, as well as those in Part I Item 1A of Motorola Solutions’ 2025 Annual Report on Form 10-K and in its other SEC filings available for free on the SEC’s website at www.sec.gov and on Motorola Solutions’ website at www.motorolasolutions.com/investors, could cause Motorola Solutions’ actual results to differ materially from those estimated or predicted in the forward-looking statements. Many of these risks and uncertainties cannot be controlled by Motorola Solutions, and factors that may impact forward-looking statements include, but are not limited to: (i) impact of current global economic and political conditions in the markets in which the company operates; (ii) increased areas of risk, increased competition and additional compliance obligations associated with the introduction of new or enhanced products and services in our segments; (iii) challenges relating to the use of artificial intelligence ("AI") in our products and services; (iv) impact of catastrophic events on our business or our customers' or suppliers' business; (v) the effectiveness of our strategic acquisitions, including the integrations of such acquired businesses; (vi) the inability of our products to meet our customers’ expectations or regulatory or industry standards, or actual or perceived systems or service failures of our products and services; (vii) our inability to purchase a sufficient amount of materials, parts, and components, as well as software and services, at acceptable prices to meet the demands of our customers, and any disruption to our suppliers or significant increase in the price of supplies; (viii) risks related to our large, multi-year system and services contracts; (ix) the global nature of our employees, customers, suppliers and outsource partners; (x) our use of third-parties to develop, design and/or manufacture many of our components and some of our products, and to perform portions of our business operations; (xi) the inability of our subcontractors to perform in a timely and compliant manner or adhere to our Human Rights Policy; (xii) inability to attract and retain senior management and key employees; (xiii) evolving and sometimes conflicting expectations from investors, customers, lawmakers, regulators and other stakeholders regarding social and sustainability considerations and disclosures; (xiv) challenges relating to existing or future legislation and regulations pertaining to AI, AI-enabled products and the use of biometrics and other video analytics; (xv) the impact, including increased costs and potential liabilities, associated with changes in laws and regulations regarding cybersecurity, privacy, data protection, data sovereignty and information security; (xvi) the impact of government regulation of radio frequencies; (xvii) regulations, laws and other compliance requirements and risks applicable to our U.S. government customer contracts and grants; (xviii) the impact, including increased costs and additional compliance obligations, associated with existing or future telecommunications-related laws and regulations; (xix) impact of product regulatory and safety, consumer, worker safety and environmental product compliance and remediation laws; (xx) impact of tax matters; (xxi) increased cybersecurity threats, a security breach or other significant disruption of our IT systems or those of our outsource partners, suppliers or customers; (xxii) our inability to protect our intellectual property or potential infringement of intellectual property rights of third parties; (xxiii) risks relating to intellectual property licenses and intellectual property indemnities in our customer and supplier contracts; (xxiv) our license of the MOTOROLA, MOTO, MOTOROLA SOLUTIONS and the Stylized M logo and all derivatives and formatives thereof from Motorola Trademark Holdings, LLC; (xxv) inability to access the capital markets for financing on acceptable terms and conditions; (xxvi) exposure to exchange rate fluctuations on cross-border transactions and the translation of local currency results into U.S. dollars; (xxvii) impact of returns on pension and retirement plan assets and interest rate changes; and (xxviii) the return of capital to shareholders through dividends and/or repurchasing shares. Motorola Solutions undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

The company uses its website as a means of disclosing material, non-public information and for complying with the company's disclosure obligations under Regulation FD. Therefore, the company encourages investors to monitor the Investor Relations page of the company's website at www.motorolasolutions.com/investors, and review the information the company posts on that page.

About Motorola Solutions | Solving for safer

Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect technologies to help protect people, property and places. Our solutions foster the collaboration that’s critical for safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations. Learn more about our commitment to innovating for a safer future for us all at www.motorolasolutions.com.

GAAP-1 Motorola Solutions, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (In millions, except per share amounts)   Three Months Ended July 4, 2026 June 28, 2025 Net sales from products $

1,818

$

1,533

Net sales from services 1,315

1,232

Net sales 3,133

2,765

Costs of products sales 702

646

Costs of services sales 753

706

Costs of sales 1,455

1,352

Gross margin 1,678

1,413

Selling, general and administrative expenses 496

450

Research and development expenditures 260

231

Other charges 18

1

Intangibles amortization 95

39

Operating earnings 809

692

Other income (expense): Interest expense, net (103

)

(55

)

Other, net 36

43

Total other expense (67

)

(12

)

Net earnings before income taxes 742

680

Income tax expense 184

165

Net earnings 558

515

Less: Earnings attributable to non-controlling interests 1

2

Net earnings attributable to Motorola Solutions, Inc. $

557

$

513

Earnings per common share: Basic $

3.36

$

3.08

Diluted $

3.33

$

3.04

Weighted average common shares outstanding: Basic 165.8

166.8

Diluted 167.2

168.8

  Percentage of Net Sales* Net sales from products 58.0

%

55.4

%

Net sales from services 42.0

%

44.6

%

Net sales 100.0

%

100.0

%

Costs of products sales 38.6

%

42.1

%

Costs of services sales 57.3

%

57.3

%

Costs of sales 46.4

%

48.9

%

Gross margin 53.6

%

51.1

%

Selling, general and administrative expenses 15.8

%

16.3

%

Research and development expenditures 8.3

%

8.4

%

Other charges 0.6

%

—

%

Intangibles amortization 3.0

%

1.4

%

Operating earnings 25.8

%

25.0

%

Other income (expense): Interest expense, net (3.3

)%

(2.0

)%

Other, net 1.1

%

1.6

%

Total other expense (2.1

)%

(0.4

)%

Net earnings before income taxes 23.7

%

24.6

%

Income tax expense 5.9

%

6.0

%

Net earnings 17.8

%

18.6

%

Less: Earnings attributable to non-controlling interests —

%

0.1

%

Net earnings attributable to Motorola Solutions, Inc. 17.8

%

18.6

%

* Percentages may not add up due to rounding GAAP-2 Motorola Solutions, Inc. and Subsidiaries Condensed Consolidated Statements of Operations (In millions, except per share amounts)   Six Months Ended July 4, 2026 June 28, 2025 Net sales from products $

3,300

$

2,980

Net sales from services 2,548

2,313

Net sales 5,848

5,293

Costs of products sales 1,332

1,220

Costs of services sales 1,476

1,360

Costs of sales 2,808

2,580

Gross margin 3,040

2,713

Selling, general and administrative expenses 935

886

Research and development expenditures 512

464

Other charges 74

13

Intangibles amortization 185

76

Operating earnings 1,334

1,274

Other income (expense): Interest expense, net (208

)

(106

)

Other, net 56

59

Total other expense (152

)

(47

)

Net earnings before income taxes 1,182

1,227

Income tax expense 256

280

Net earnings 926

947

Less: Earnings attributable to non-controlling interests 3

4

Net earnings attributable to Motorola Solutions, Inc. $

923

$

943

Earnings per common share: Basic $

5.57

$

5.65

Diluted $

5.51

$

5.57

Weighted average common shares outstanding: Basic 165.8

166.8

Diluted 167.6

169.4

  Percentage of Net Sales* Net sales from products 56.4

%

56.3

%

Net sales from services 43.6

%

43.7

%

Net sales 100.0

%

100.0

%

Costs of products sales 40.4

%

40.9

%

Costs of services sales 57.9

%

58.8

%

Costs of sales 48.0

%

48.7

%

Gross margin 52.0

%

51.3

%

Selling, general and administrative expenses 16.0

%

16.7

%

Research and development expenditures 8.8

%

8.8

%

Other charges 1.3

%

0.2

%

Intangibles amortization 3.2

%

1.4

%

Operating earnings 22.8

%

24.1

%

Other income (expense): Interest expense, net (3.6

)%

(2.0

)%

Other, net 1.0

%

1.1

%

Total other expense (2.6

)%

(0.9

)%

Net earnings before income taxes 20.2

%

23.2

%

Income tax expense 4.4

%

5.3

%

Net earnings 15.8

%

17.9

%

Less: Earnings attributable to non-controlling interests 0.1

%

0.1

%

Net earnings attributable to Motorola Solutions, Inc. 15.8

%

17.8

%

* Percentages may not add up due to rounding GAAP-3 Motorola Solutions, Inc. and Subsidiaries Condensed Consolidated Balance Sheets (In millions)   July 4, 2026 December 31, 2025 Assets Cash and cash equivalents $

710

$

1,165

Accounts receivable, net 2,160

2,200

Contract assets 1,455

1,574

Inventories, net 1,333

983

Other current assets 474

378

Total current assets 6,132

6,300

Property, plant and equipment, net 1,167

1,165

Operating lease assets 571

581

Investments 300

187

Deferred income taxes 733

761

Goodwill 6,883

6,800

Intangible assets, net 2,951

3,104

Other assets 505

491

Total assets $

19,242

$

19,389

Liabilities and Stockholders' Equity Short-term borrowings $

615

$

749

Accounts payable 957

1,134

Contract liabilities 2,341

2,265

Accrued liabilities 1,666

1,930

Total current liabilities 5,579

6,078

Long-term debt 8,417

8,413

Operating lease liabilities 442

471

Other liabilities 2,116

2,000

Total Motorola Solutions, Inc. stockholders’ equity 2,672

2,410

Non-controlling interests 16

17

Total liabilities and stockholders’ equity $

19,242

$

19,389

GAAP-4 Motorola Solutions, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In millions)   Three Months Ended July 4, 2026 June 28, 2025 Operating Net earnings $

558

$

515

Adjustments to reconcile Net earnings to Net cash provided by operating activities: Depreciation and amortization 148

86

Contingent earnout adjustment 16

—

Non-cash other income (8

)

(12

)

Share-based compensation expenses 104

74

Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments: Accounts receivable (119

)

(68

)

Inventories (156

)

(22

)

Other current assets and contract assets (94

)

(44

)

Accounts payable, accrued liabilities and contract liabilities 82

(281

)

Other assets and liabilities (72

)

24

Deferred income taxes 10

—

Net cash provided by operating activities 469

272

Investing Acquisitions and investments, net (100

)

(14

)

Proceeds from sales of investments and businesses, net 4

2

Capital expenditures (55

)

(48

)

Net cash used for investing activities (151

)

(60

)

Financing Net proceeds from issuance of debt —

1,983

Net proceeds from short-term borrowings 65

—

Repayments of short-term debt —

(252

)

Revolving credit facility renewal fees —

(5

)

Issuances of common stock, net of tax (3

)

54

Purchases of common stock (331

)

(218

)

Payments of dividends (201

)

(182

)

Payments of dividends to non-controlling interests (4

)

(4

)

Net cash provided by (used for) financing activities (474

)

1,376

Effect of exchange rate changes on total cash and cash equivalents (20

)

54

Net increase (decrease) in total cash and cash equivalents (176

)

1,642

Cash and cash equivalents, beginning of period 886

1,564

Cash and cash equivalents, end of period $

710

$

3,206

GAAP-5 Motorola Solutions, Inc. and Subsidiaries Condensed Consolidated Statements of Cash Flows (In millions)   Six Months Ended July 4, 2026 June 28, 2025 Operating Net earnings $

926

$

947

Adjustments to reconcile Net earnings to Net cash provided by operating activities: Depreciation and amortization 291

167

Contingent earnout adjustment 91

—

Non-cash other income —

(5

)

Share-based compensation expenses 204

140

Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments: Accounts receivable 36

129

Inventories (355

)

(84

)

Other current assets and contract assets 9

(122

)

Accounts payable, accrued liabilities and contract liabilities (208

)

(455

)

Other assets and liabilities (84

)

49

Deferred income taxes 10

17

Net cash provided by operating activities 920

783

Investing Acquisitions and investments, net (224

)

(464

)

Proceeds from sales of investments and businesses, net 6

12

Capital expenditures (117

)

(85

)

Proceeds from sales of property, plant and equipment 1

—

Net cash used for investing activities (334

)

(537

)

Financing Net proceeds from issuance of debt —

1,983

Net proceeds from short-term borrowings 65

—

Repayments of short-term debt (200

)

(252

)

Revolving credit facility renewal fees —

(5

)

Issuances of common stock, net of tax (9

)

(37

)

Purchases of common stock (449

)

(543

)

Payments of dividends (402

)

(364

)

Payments of dividends to non-controlling interests (4

)

(4

)

Net cash provided by (used for) financing activities (999

)

778

Effect of exchange rate changes on total cash and cash equivalents (42

)

80

Net increase (decrease) in total cash and cash equivalents (455

)

1,104

Cash and cash equivalents, beginning of period 1,165

2,102

Cash and cash equivalents, end of period $

710

$

3,206

Non-GAAP-1 Motorola Solutions, Inc. and Subsidiaries Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow (In millions)     Three Months Ended Six Months Ended July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025 Net cash provided by operating activities $

469

$

272

$

920

$

783

Capital expenditures (55

)

(48

)

(117

)

(85

)

Free cash flow $

414

$

224

$

803

$

698

Non-GAAP-2 Motorola Solutions, Inc. and Subsidiaries Reconciliation of Net Earnings Attributable to MSI to Non-GAAP Net Earnings Attributable to MSI (In millions)   Three Months Ended Six Months Ended Statement Line July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025 Net earnings attributable to MSI $

557

$

513

$

923

$

943

Non-GAAP adjustments before income taxes: Share-based compensation expenses Cost of sales, SG&A and R&D 104

74

204

140

Intangible assets amortization expense Intangibles amortization 95

39

185

76

Contingent earnout adjustment Other charges (income) 16

—

91

—

Reorganization of business charges Cost of sales and Other charges (income) 15

14

30

31

Acquisition-related transaction fees Other charges (income) 5

2

13

8

Operating lease asset impairments Other charges (income) 3

—

5

—

Legal settlements Other charges (income) 3

1

4

5

Hytera-related legal expenses SG&A 1

6

6

20

Assessments of uncertain tax positions Interest income, net, Other (income) expense 1

—

1

1

Fixed asset impairments Other charges (income) 1

—

1

—

Loss on financing issuance costs Other (income) expense —

2

—

2

Fair value adjustments to equity investments Other (income) expense (13

)

(18

)

(8

)

(13

)

Gain on Hytera litigation Other charges (income) (20

)

(10

)

(60

)

(20

)

Total Non-GAAP adjustments before income taxes $

211

$

110

$

472

$

250

Income tax expense on Non-GAAP adjustments 31

21

92

51

Total Non-GAAP adjustments after income taxes 180

89

380

199

Non-GAAP Net earnings attributable to MSI $

737

$

602

$

1,303

$

1,142

  Calculation of Non-GAAP Tax Rate (In millions)   Three Months Ended Six Months Ended July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025 Net earnings before income taxes $

742

$

680

$

1,182

$

1,227

Total Non-GAAP adjustments before income taxes* 211

110

472

250

Non-GAAP Net earnings before income taxes 953

790

1,654

1,477

Income tax expense 184

165

256

280

Income tax expense on Non-GAAP adjustments** 31

21

92

51

Total Non-GAAP Income tax expense $

215

$

186

$

348

$

331

Non-GAAP Tax rate 22.6

%

23.5

%

21.0

%

22.4

%

  *See reconciliation on Non-GAAP-2 table above for detail on Non-GAAP adjustments before income taxes **Income tax impact of highlighted items     Reconciliation of Earnings Per Share to Non-GAAP Earnings Per Share*   Three Months Ended Six Months Ended Statement Line July 4, 2026 June 28, 2025 July 4, 2026 June 28, 2025 Net earnings attributable to MSI $

3.33

$

3.04

$

5.51

$

5.57

Non-GAAP adjustments before income taxes: Share-based compensation expenses Cost of sales, SG&A and R&D $

0.61

$

0.44

$

1.22

$

0.83

Intangible assets amortization expense Intangibles amortization 0.56

0.23

1.10

0.45

Contingent earnout adjustment Other charges (income) 0.10

—

0.54

—

Reorganization of business charges Cost of sales and Other charges (income) 0.09

0.08

0.18

0.18

Acquisition-related transaction fees Other charges (income) 0.03

0.01

0.08

0.05

Operating lease asset impairments Other charges (income) 0.02

—

0.03

—

Legal settlements Other charges (income) 0.02

0.01

0.02

0.03

Hytera-related legal expenses SG&A 0.01

0.04

0.04

0.12

Assessments of uncertain tax positions Interest income, net, Other (income) expense 0.01

—

0.01

0.01

Fixed asset impairments Other charges (income) 0.01

—

0.01

—

Loss on financing issuance costs Other (income) expense —

0.01

—

0.01

Fair value adjustments to equity investments Other (income) expense (0.08

)

(0.11

)

(0.05

)

(0.08

)

Gain on Hytera litigation Other charges (income) (0.12

)

(0.06

)

(0.36

)

(0.12

)

Total Non-GAAP adjustments before income taxes $

1.26

$

0.65

$

2.82

$

1.48

Income tax expense on Non-GAAP adjustments 0.18

0.12

0.55

0.31

Total Non-GAAP adjustments after income taxes 1.08

0.53

2.27

1.17

Non-GAAP Net earnings attributable to MSI $

4.41

$

3.57

$

7.78

$

6.74

  Diluted Weighted Average Common Shares 167.2

168.8

167.6

169.4

Adjusted for dilutive shares outstanding** —

—

—

—

Non-GAAP Diluted Weighted Average Common Shares 167.2

168.8

167.6

169.4

*Indicates Non-GAAP Diluted EPS Non-GAAP-3 Motorola Solutions, Inc. and Subsidiaries Reconciliations of Operating Earnings to Non-GAAP Operating Earnings and Operating Margin to Non-GAAP Operating Margin (In millions)   Three Months Ended July 4, 2026 June 28, 2025 Products and
Systems Integration Software and
Services Total Products and
Systems Integration Software and
Services Total Net sales $

1,908

$

1,225

$

3,133

$

1,653

$

1,112

$

2,765

Operating earnings ("OE") 453

356

809

363

329

692

Above OE non-GAAP adjustments: Share-based compensation expenses 68

36

104

54

20

74

Intangible assets amortization expense 65

30

95

16

23

39

Contingent earnout adjustment 15

1

16

—

—

—

Reorganization of business charges 10

5

15

10

4

14

Acquisition-related transaction fees 2

3

5

2

—

2

Operating lease asset impairments 2

1

3

—

—

—

Legal settlements 2

1

3

1

—

1

Hytera-related legal expenses 1

—

1

6

—

6

Fixed asset impairments 1

—

1

—

—

—

Gain on Hytera litigation (20

)

—

(20

)

(10

)

—

(10

)

Total above-OE non-GAAP adjustments 146

77

223

79

47

126

Operating earnings after non-GAAP adjustments $

599

$

433

$

1,032

$

442

$

376

$

818

  Operating earnings as a percentage of net sales - GAAP 23.7

%

29.1

%

25.8

%

22.0

%

29.6

%

25.0

%

Operating earnings as a percentage of net sales - after non-GAAP adjustments 31.4

%

35.3

%

32.9

%

26.7

%

33.8

%

29.6

%

Non-GAAP-4 Motorola Solutions, Inc. and Subsidiaries Reconciliations of Operating Earnings to Non-GAAP Operating Earnings and Operating Margin to Non-GAAP Operating Margin (In millions)   Six Months Ended July 4, 2026 June 28, 2025 Products and Systems Integration Software and Services Total Products and Systems Integration Software and Services Total Net sales $

3,468

$

2,380

$

5,848

$

3,199

$

2,094

$

5,293

Operating earnings ("OE") 666

668

1,334

715

559

1,274

Above-OE non-GAAP adjustments: Share-based compensation expenses 134

70

204

102

38

140

Intangible assets amortization expense 127

58

185

32

44

76

Contingent earnout adjustment 82

9

91

—

—

—

Reorganization of business charges 21

9

30

22

9

31

Acquisition-related transaction fees 2

11

13

2

6

8

Hytera-related legal expenses 6

—

6

20

—

20

Operating lease asset impairments 3

2

5

—

—

—

Legal settlements 3

1

4

3

2

5

Fixed asset impairments 1

—

1

—

—

—

Gain on Hytera litigation (60

)

—

(60

)

(20

)

—

(20

)

Total above-OE non-GAAP adjustments 319

160

479

161

99

260

Operating earnings after non-GAAP adjustments $

985

$

828

$

1,813

$

876

$

658

$

1,534

  Operating earnings as a percentage of net sales - GAAP 19.2

%

28.1

%

22.8

%

22.4

%

26.7

%

24.1

%

Operating earnings as a percentage of net sales - after non-GAAP adjustments 28.4

%

34.8

%

31.0

%

27.4

%

31.4

%

29.0

%

  Non-GAAP-5 Motorola Solutions, Inc. and Subsidiaries Reconciliation of Revenue to Non-GAAP Organic Revenue (In millions)   Three Months Ended July 4, 2026 June 28, 2025 % Change Net sales $

3,133

$

2,765

13

%

Non-GAAP adjustments: Sales from acquisitions 243

—

Organic revenue $

2,890

$

2,765

5

%

  Six Months Ended July 4, 2026 June 28, 2025 % Change Net sales $

5,848

$

5,293

10

%

Non-GAAP adjustments: Sales from acquisitions 466

3

Organic revenue $

5,382

$

5,290

2

%

More News From Motorola Solutions, Inc.

Motorola (MSI - Free Report) reported $3.13 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 13.3%. EPS of $4.41 for the same period compares to $3.57 a year ago.

The reported revenue represents a surprise of +4.36% over the Zacks Consensus Estimate of $3 billion. With the consensus EPS estimate being $3.86, the EPS surprise was +14.25%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Motorola performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net Sales- Products and Systems Integration: $1.91 billion compared to the $1.76 billion average estimate based on four analysts. The reported number represents a change of +15.4% year over year.Net Sales- Software and Services: $1.23 billion versus $1.24 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +10.2% change.Sales- Mission Critical Networks (MCN)- Total: $2.28 billion compared to the $2.15 billion average estimate based on three analysts.Sales- Mission Critical Networks (MCN)- Software and Services: $713 million versus $708.67 million estimated by three analysts on average.Sales- Mission Critical Networks (MCN)- Products and Systems Integration: $1.57 billion versus the three-analyst average estimate of $1.42 billion.Sales- Video- Products and Systems Integration: $341 million compared to the $321.48 million average estimate based on three analysts.Sales- Command Center- Software and Services: $269 million versus the three-analyst average estimate of $275.12 million.Sales- Video- Software and Services: $243 million versus $255.56 million estimated by three analysts on average.Sales- Video- Total: $584 million compared to the $577.03 million average estimate based on three analysts.Net sales from products: $1.82 billion versus the two-analyst average estimate of $1.69 billion. The reported number represents a year-over-year change of +18.6%.Net sales from services: $1.32 billion versus the two-analyst average estimate of $1.31 billion. The reported number represents a year-over-year change of +6.7%.View all Key Company Metrics for Motorola here>>>

Shares of Motorola have returned +4.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Motorola (MSI - Free Report) came out with quarterly earnings of $4.41 per share, beating the Zacks Consensus Estimate of $3.86 per share. This compares to earnings of $3.57 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +14.25%. A quarter ago, it was expected that this communications equipment maker would post earnings of $3.25 per share when it actually produced earnings of $3.37, delivering a surprise of +3.69%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Motorola, which belongs to the Zacks Wireless Equipment industry, posted revenues of $3.13 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.36%. This compares to year-ago revenues of $2.77 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Motorola shares have added about 15.5% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for Motorola?While Motorola has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Motorola was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $4.43 on $3.32 billion in revenues for the coming quarter and $16.98 on $12.81 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Wireless Equipment is currently in the top 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Unusual Machines, Inc. (UMAC - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This company is expected to post quarterly loss of $0.10 per share in its upcoming report, which represents a year-over-year change of +68.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Unusual Machines, Inc.'s revenues are expected to be $9.58 million, up 351.9% from the year-ago quarter.

HomeDividends AnalysisDividend IdeasTech 

SummaryMotorola provides a range of safety and security products and services, such as surveillance equipment and command and control systems, largely used by enterprises and public safety agencies.Its 10-year dividend growth rate of 12.4% shows what a prolific dividend grower it’s been, and even more recent dividend raises have still been well over 10%.Motorola has a good financial position. Its long-term debt/equity ratio is 3.5, while the interest coverage ratio is over 8. hapabapa/iStock Editorial via Getty Images

Motorola Solutions, Inc. (MSI) is an American technology company. Founded in 1928, Motorola is now a $69 billion (by market cap) tech leader employing more than 20,000 people. Motorola provides a range of safety and security products and services, such

4.25K Followers

Posted by Defense World Staff on Aug 1st, 2026

Argent Capital Management LLC lifted its stake in Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 305.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,565 shares of the communications equipment provider’s stock after purchasing an additional 25,290 shares during the period. Argent Capital Management LLC’s holdings in Motorola Solutions were worth $14,566,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Essential Partners LLC lifted its holdings in shares of Motorola Solutions by 633.3% in the 1st quarter. Essential Partners LLC now owns 88 shares of the communications equipment provider’s stock worth $38,000 after buying an additional 76 shares during the period. Arete Wealth Advisors LLC purchased a new position in shares of Motorola Solutions during the first quarter valued at $6,325,000. Western Wealth Management LLC bought a new stake in shares of Motorola Solutions in the first quarter valued at about $27,000. Bank of America Corp DE raised its holdings in shares of Motorola Solutions by 34.3% in the first quarter. Bank of America Corp DE now owns 1,381,506 shares of the communications equipment provider’s stock valued at $599,532,000 after acquiring an additional 352,679 shares in the last quarter. Finally, Kentucky Retirement Systems lifted its stake in Motorola Solutions by 81.7% in the first quarter. Kentucky Retirement Systems now owns 19,010 shares of the communications equipment provider’s stock worth $8,250,000 after acquiring an additional 8,549 shares during the period. Institutional investors own 84.17% of the company’s stock.

Wall Street Analysts Forecast Growth MSI has been the topic of several recent research reports. Weiss Ratings cut shares of Motorola Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 23rd. Wall Street Zen cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Raymond James Financial reiterated an “outperform” rating and set a $530.00 price objective on shares of Motorola Solutions in a research note on Friday, May 8th. Barclays lifted their price objective on shares of Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Finally, Zacks Research raised shares of Motorola Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $504.67.

Read Our Latest Research Report on MSI

Motorola Solutions Stock Performance Shares of MSI opened at $436.49 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28. The firm has a market cap of $72.46 billion, a PE ratio of 35.17, a P/E/G ratio of 3.00 and a beta of 0.88. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The stock has a fifty day moving average price of $412.58 and a 200-day moving average price of $426.31.

Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The communications equipment provider reported $3.37 EPS for the quarter, beating analysts’ consensus estimates of $3.24 by $0.13. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period last year, the business posted $3.18 earnings per share. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. Equities research analysts predict that Motorola Solutions, Inc. will post 15.19 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th were given a $1.21 dividend. This represents a $4.84 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, June 17th. Motorola Solutions’s dividend payout ratio (DPR) is presently 39.00%.

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.

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Key Takeaways MSI's Q2 revenue estimate is $3 billion, up from $2.76 billion a year earlier.New Assist AI features and live 911 audio aim to speed response and improve situational awareness.SafetyCam and demand for video security, radios, software and services are expected to support results. Motorola Solutions, Inc. (MSI - Free Report) is scheduled to report second-quarter 2026 results after the closing bell on Aug. 5. In the last reported quarter, the company delivered an earnings surprise of 3.7%. It pulled off a trailing four-quarter earnings surprise of 5.2%, on average.

The Chicago, IL-based company is expected to have recorded year-over-year higher revenues on the back of growth in both segments – Products and Systems Integration and Services and Software. It benefits from the increasing demand for its mission-critical technologies in North America and globally.

Factors at PlayDuring the to-be-reported quarter, Motorola enhanced its Assist AI agent platform with new features that enable faster response times and better situational awareness for emergency teams. It introduced the Interpreter Agent to help overcome language barriers during 911 calls. The tool can detect a caller’s language in seconds and provide real-time two-way translation and live transcription. This helps dispatchers communicate faster and more clearly, reducing delays and improving communication during emergencies. The company also added live 911 audio streaming, allowing first responders to access call audio directly in the field for timely, more informed decisions before arriving at the scene. This is likely to have generated incremental revenues during the quarter.

In the quarter, Motorola launched SafetyCam, a wearable AI assistant for the protection and active assistance of retail and other front-line enterprise teams. Integrating enterprise-grade video security, two-way voice communications, a dedicated panic button and the company's conversational Assist AI, the SafetyCam is a single, intuitive device that helps in proactive threat detection and deterrence. It transforms first-person, floor-level data into connected intelligence for greater operational clarity across a store to help local management verify compliance, protect assets and rapidly resolve operational claims. These are likely to be reflected in the upcoming quarterly results.

Riding on such state-of-the-art products, Motorola expects to record strong demand across video security and services, land mobile radio products and related software while benefiting from a solid foundation. These systems drive the demand for additional device sales and promote software upgrades and infrastructure expansion. The comprehensive suite of services ensures continuity and reduces risks related to critical communications operations. These developments are expected to have positively impacted MSI’s performance in the second quarter.

The Zacks Consensus Estimate for the Products and Systems Integration segment’s revenues is pegged at $1.76 billion. The figure indicates a rise from $1.65 billion recorded in the year-ago quarter. The Zacks Consensus Estimate for the Services and Software segment’s revenues is pegged at $1.24 billion, up from $1.11 billion recorded in the year-earlier quarter.

For the June quarter, the Zacks Consensus Estimate for revenues is pegged at $3 billion, which indicates growth from the year-ago quarter’s reported figure of $2.76 billion. The consensus estimate for adjusted earnings per share is $3.86, which suggests an increase from $3.57 a year ago, driven by top-line growth.

Earnings WhispersOur proven model predicts an earnings beat for Motorola for the second quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is perfectly the case here.

Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is +0.52% with the former pegged at $3.88 per share and the latter at $3.86. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Motorola carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks to ConsiderHere are some other companies you may want to consider, as our model shows that these too have the right combination of elements to post an earnings beat this season:

Sandisk Corporation (SNDK - Free Report) is set to release quarterly numbers on Aug. 5. It has an Earnings ESP of +4.13% and sports a Zacks Rank #1.

The Earnings ESP for Arista Networks, Inc. (ANET - Free Report) is +3.08% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 4.

The Earnings ESP for Advanced Micro Devices, Inc. (AMD - Free Report) is +7.68% and it carries a Zacks Rank of 2. The company is scheduled to report quarterly numbers on Aug. 4.

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Posted by Defense World Staff on Jul 25th, 2026

Aristotle Capital Management LLC acquired a new position in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,266,047 shares of the communications equipment provider’s stock, valued at approximately $983,432,000. Motorola Solutions comprises approximately 2.1% of Aristotle Capital Management LLC’s holdings, making the stock its 11th biggest position. Aristotle Capital Management LLC owned 1.37% of Motorola Solutions at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Norges Bank acquired a new position in Motorola Solutions during the 4th quarter worth about $942,542,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Motorola Solutions by 11,507.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,192,196 shares of the communications equipment provider’s stock worth $456,993,000 after purchasing an additional 1,181,925 shares during the period. Orbis Allan Gray Ltd boosted its stake in shares of Motorola Solutions by 95.6% in the 4th quarter. Orbis Allan Gray Ltd now owns 1,283,065 shares of the communications equipment provider’s stock valued at $491,824,000 after purchasing an additional 627,066 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Motorola Solutions by 576.0% in the 4th quarter. Stifel Financial Corp now owns 708,083 shares of the communications equipment provider’s stock valued at $271,429,000 after purchasing an additional 603,330 shares during the last quarter. Finally, Ninety One UK Ltd increased its position in shares of Motorola Solutions by 74.3% during the fourth quarter. Ninety One UK Ltd now owns 1,338,589 shares of the communications equipment provider’s stock worth $513,108,000 after buying an additional 570,712 shares during the period. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Stock Up 2.8% MSI opened at $418.44 on Friday. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The company has a market cap of $69.46 billion, a PE ratio of 33.72, a price-to-earnings-growth ratio of 2.83 and a beta of 0.88. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28. The company has a 50 day moving average of $409.42 and a 200 day moving average of $424.49.

Motorola Solutions (NYSE:MSI – Get Free Report) last issued its earnings results on Thursday, May 7th. The communications equipment provider reported $3.37 EPS for the quarter, topping the consensus estimate of $3.24 by $0.13. Motorola Solutions had a return on equity of 100.13% and a net margin of 17.61%.The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the company earned $3.18 EPS. The firm’s revenue was up 7.4% compared to the same quarter last year. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. On average, sell-side analysts expect that Motorola Solutions, Inc. will post 15.19 EPS for the current year.

Motorola Solutions Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, June 17th were given a dividend of $1.21 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, June 17th. Motorola Solutions’s payout ratio is 39.00%.

Wall Street Analyst Weigh In Several analysts have recently weighed in on the stock. Zacks Research upgraded shares of Motorola Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Piper Sandler boosted their price objective on Motorola Solutions from $499.00 to $503.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Barclays upped their target price on Motorola Solutions from $506.00 to $509.00 and gave the stock an “overweight” rating in a research report on Monday, May 11th. Wall Street Zen downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $530.00 price target on shares of Motorola Solutions in a research report on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $504.67.

Get Our Latest Report on Motorola Solutions

Motorola Solutions Profile (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.

Further Reading Five stocks we like better than Motorola Solutions AMD and Cerbras Create A New Blueprint For Hardware Intel Earnings Reveal Whether the Chip Selloff Created a Buy CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test Plugging In: How Kinder Morgan Powers Up Profits Want 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).

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Shares of Motorola (MSI - Free Report) have gained 0.9% over the past four weeks to close the last trading session at $404.33, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $506.83 indicates a potential upside of 25.4%.

The mean estimate comprises 12 short-term price targets with a standard deviation of $21.17. While the lowest estimate of $465.00 indicates a 15% increase from the current price level, the most optimistic analyst expects the stock to surge 31.1% to reach $530.00. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts.

While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable.

However, an impressive consensus price target is not the only factor that indicates a potential upside in MSI. This view is strengthened by the agreement among analysts that the company will report better earnings than what they estimated earlier. Though a positive trend in earnings estimate revisions doesn't give any idea as to how much the stock could surge, it has proven effective in predicting an upside.

Price, Consensus and EPS Surprise

Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading.

While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why?

They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts.

However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces.

That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism.

Here's Why There Could be Plenty of Upside Left in MSIThere has been increasing optimism among analysts lately about the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher. And that could be a legitimate reason to expect an upside in the stock. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 0.1%, as one estimate has moved higher compared to no negative revision.

Moreover, MSI currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Therefore, while the consensus price target may not be a reliable indicator of how much MSI could gain, the direction of price movement it implies does appear to be a good guide.

-

Webcast presentation by executives to follow earnings release

CHICAGO--(BUSINESS WIRE)--Motorola Solutions, Inc. (NYSE: MSI) will issue its second-quarter 2026 earnings results after the close of the market on Wednesday, August 5.

Motorola Solutions will host its quarterly conference call with financial analysts at 4 p.m. Central (5 p.m. Eastern) on August 5. The conference call will be webcast live at www.motorolasolutions.com/investors.

About Motorola Solutions | Solving for safer
Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect technologies to help protect people, property and places. Our solutions foster the collaboration that’s critical for safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations. Learn more about our commitment to innovating for a safer future for us all at www.motorolasolutions.com.

More News From Motorola Solutions, Inc.

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Posted by Defense World Staff on Jul 22nd, 2026

Arvest Bank Trust Division trimmed its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 42.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,000 shares of the communications equipment provider’s stock after selling 5,236 shares during the period. Arvest Bank Trust Division’s holdings in Motorola Solutions were worth $3,038,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. lifted its stake in Motorola Solutions by 0.9% in the third quarter. Raymond James Financial Inc. now owns 3,433,482 shares of the communications equipment provider’s stock valued at $1,570,096,000 after buying an additional 31,744 shares during the last quarter. Norges Bank bought a new position in shares of Motorola Solutions in the fourth quarter valued at approximately $942,542,000. Morgan Stanley raised its stake in shares of Motorola Solutions by 2.0% in the 4th quarter. Morgan Stanley now owns 1,754,052 shares of the communications equipment provider’s stock worth $672,364,000 after buying an additional 34,715 shares in the last quarter. Amundi lifted its holdings in Motorola Solutions by 19.6% in the 4th quarter. Amundi now owns 1,570,227 shares of the communications equipment provider’s stock valued at $601,899,000 after acquiring an additional 257,483 shares during the last quarter. Finally, Swedbank AB boosted its holdings in Motorola Solutions by 10.7% during the fourth quarter. Swedbank AB now owns 1,490,010 shares of the communications equipment provider’s stock worth $571,151,000 after buying an additional 144,518 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Price Performance Motorola Solutions stock opened at $405.71 on Wednesday. The business has a 50-day moving average of $408.62 and a 200-day moving average of $424.19. The company has a current ratio of 1.07, a quick ratio of 0.86 and a debt-to-equity ratio of 3.28. The firm has a market capitalization of $67.35 billion, a P/E ratio of 32.69, a PEG ratio of 2.86 and a beta of 0.88. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22.

Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The communications equipment provider reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.24 by $0.13. Motorola Solutions had a net margin of 17.61% and a return on equity of 100.13%. The company had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the company earned $3.18 earnings per share. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. On average, equities analysts anticipate that Motorola Solutions, Inc. will post 15.19 EPS for the current year.

Motorola Solutions Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, June 17th were given a dividend of $1.21 per share. The ex-dividend date was Wednesday, June 17th. This represents a $4.84 annualized dividend and a yield of 1.2%. Motorola Solutions’s dividend payout ratio (DPR) is 39.00%.

Wall Street Analysts Forecast Growth MSI has been the topic of several recent analyst reports. Barclays upped their price target on Motorola Solutions from $506.00 to $509.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Truist Financial reduced their price target on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Piper Sandler raised their target price on shares of Motorola Solutions from $499.00 to $503.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Raymond James Financial reiterated an “outperform” rating and set a $530.00 price target on shares of Motorola Solutions in a report on Friday, May 8th. Finally, Evercore restated an “outperform” rating on shares of Motorola Solutions in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $504.67.

Check Out Our Latest Stock Report on MSI

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.

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Posted by Defense World Staff on Jul 18th, 2026

Allspring Global Investments Holdings LLC boosted its holdings in shares of Motorola Solutions, Inc. (NYSE:MSI – Free Report) by 0.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 220,751 shares of the communications equipment provider’s stock after purchasing an additional 1,361 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 0.13% of Motorola Solutions worth $95,835,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Motorola Solutions in the 4th quarter valued at $27,000. Whipplewood Advisors LLC increased its position in shares of Motorola Solutions by 1,966.7% during the first quarter. Whipplewood Advisors LLC now owns 62 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 59 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Motorola Solutions during the fourth quarter worth approximately $28,000. Physician Wealth Advisors Inc. raised its stake in Motorola Solutions by 540.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 64 shares of the communications equipment provider’s stock valued at $28,000 after purchasing an additional 54 shares during the last quarter. Finally, Orion Capital Management LLC lifted its stake in Motorola Solutions by 46.3% in the 4th quarter. Orion Capital Management LLC now owns 79 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 25 shares in the last quarter. 84.17% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Trading Down 0.2% NYSE MSI opened at $413.26 on Friday. Motorola Solutions, Inc. has a 52 week low of $359.36 and a 52 week high of $492.22. The firm has a 50 day moving average of $407.97 and a two-hundred day moving average of $423.52. The company has a quick ratio of 0.86, a current ratio of 1.07 and a debt-to-equity ratio of 3.28. The stock has a market capitalization of $68.60 billion, a PE ratio of 33.30, a price-to-earnings-growth ratio of 2.88 and a beta of 0.88.

Motorola Solutions (NYSE:MSI – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The communications equipment provider reported $3.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.24 by $0.13. The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. Motorola Solutions had a net margin of 17.61% and a return on equity of 100.13%. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the company earned $3.18 EPS. Motorola Solutions has set its Q2 2026 guidance at 3.820-3.880 EPS and its FY 2026 guidance at 16.870-16.990 EPS. As a group, research analysts expect that Motorola Solutions, Inc. will post 15.17 EPS for the current fiscal year.

Motorola Solutions Announces Dividend The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, June 17th were given a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Wednesday, June 17th. Motorola Solutions’s dividend payout ratio (DPR) is 39.00%.

Analyst Ratings Changes A number of research firms have recently issued reports on MSI. Truist Financial dropped their price target on Motorola Solutions from $540.00 to $525.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Evercore reissued an “outperform” rating on shares of Motorola Solutions in a research note on Monday, June 1st. Piper Sandler upped their target price on Motorola Solutions from $499.00 to $503.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Wall Street Zen downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Finally, Barclays lifted their price target on Motorola Solutions from $506.00 to $509.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $504.67.

Get Our Latest Report on Motorola Solutions

Motorola Solutions Profile (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.

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[url="]Motorola Solutions[/url] (NYSE: MSI) today announced the expansion of its [url="]Assist AI[/url] agents and features for the 911 workflow, designed to a