BlackRock Maintains Significant Passive Stake in Motorola Solutions
Ticker: MSI · Form: SC 13G/A · Filed: 2024-01-25T00:00:00.000Z
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'.
From the Filing
0001086364-24-003725.txt : 20240125 0001086364-24-003725.hdr.sgml : 20240125 20240125165923 ACCESSION NUMBER: 0001086364-24-003725 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Motorola Solutions, Inc. CENTRAL INDEX KEY: 0000068505 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 361115800 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-16011 FILM NUMBER: 24562892 BUSINESS ADDRESS: STREET 1: 500 W. MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 BUSINESS PHONE: 8475765000 MAIL ADDRESS: STREET 1: 500 W. MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 FORMER COMPANY: FORMER CONFORMED NAME: MOTOROLA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MOTOROLA DELAWARE INC DATE OF NAME CHANGE: 19760414 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us6200763075_012524.txt us6200763075_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 1) MOTOROLA SOLUTIONS INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 620076307 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 620076307 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 12325570 (6) Shared voting power 0 (7) Sole dispositive power 13627859 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 13627859 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.2% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- MOTOROLA SOLUTIONS INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 500 W. MONROE ST. CHICAGO IL 60661 Item 2. 2(a) Name of person filing: