BlackRock Maintains Significant Passive Stake in Motorola Solutions
Ticker: MSI · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 68505
| Field | Detail |
|---|---|
| Company | Motorola Solutions, INC. (MSI) |
| Form Type | SC 13G/A |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, amendment, large-holder
Related Tickers: MSI
TL;DR
**BlackRock still owns a ton of MSI, signaling long-term confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 25, 2024, disclosing its ownership in Motorola Solutions, Inc. (MSI) as of December 31, 2023. This filing indicates BlackRock's continued significant, but passive, stake in MSI, holding 19,007,025 shares of Common Stock. This matters to investors because BlackRock is a major institutional investor, and their sustained large position signals confidence in Motorola Solutions' long-term prospects, potentially influencing other investors' perceptions and the stock's stability.
Why It Matters
BlackRock's continued large, passive ownership in Motorola Solutions suggests institutional confidence, which can provide a sense of stability and attract other investors to the stock.
Risk Assessment
Risk Level: low — This filing indicates a stable, passive institutional ownership, which generally reduces volatility and risk for the stock.
Analyst Insight
Investors should view BlackRock's continued passive ownership as a sign of institutional stability, but not necessarily an immediate catalyst for price movement. It reinforces the long-term investment thesis for Motorola Solutions.
Key Numbers
- 19,007,025 — Shares Owned (Represents the total number of Motorola Solutions Common Stock shares beneficially owned by BlackRock Inc. as of December 31, 2023.)
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Motorola Solutions, Inc. (company) — the subject company in which BlackRock holds shares
- 19,007,025 (dollar_amount) — number of shares of Common Stock beneficially owned by BlackRock
- December 31, 2023 (date) — the date of the event requiring the filing
- January 25, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- BlackRock will maintain a significant, passive stake in Motorola Solutions for the foreseeable future. (BlackRock Inc.) — high confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change or update to a previously reported passive ownership stake.
Who is the 'Reporting Person' in this filing?
The 'Reporting Person' is BlackRock Inc., a major institutional investment manager, as stated in the 'FILED BY' section of the filing.
What company's shares are being reported on?
The shares being reported on belong to Motorola Solutions, Inc., identified as the 'Name of Issuer' in the filing.
As of what date is the ownership information accurate?
The ownership information is accurate as of December 31, 2023, which is specified as the 'Date of Event Which Requires Filing of this Statement'.
What is the CUSIP number for the securities mentioned?
The CUSIP number for the Common Stock of Motorola Solutions, Inc. is 620076307, as listed under 'Title of Class of Securities'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 25, 2024 regarding Motorola Solutions, Inc. (MSI).