SG Americas Securities LLC lessened its stake in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 50.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 32,049 shares of the industrial products company’s stock after selling 32,858 shares during the quarter. SG Americas Securities LLC’s holdings in Zebra Technologies were worth $6,701,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brown Advisory Inc. increased its stake in shares of Zebra Technologies by 2.1% in the second quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after acquiring an additional 36 shares during the last quarter. Empowered Funds LLC increased its position in Zebra Technologies by 1.7% in the 4th quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock worth $579,000 after purchasing an additional 40 shares during the last quarter. New York Life Investment Management LLC raised its stake in shares of Zebra Technologies by 0.6% during the 4th quarter. New York Life Investment Management LLC now owns 6,972 shares of the industrial products company’s stock worth $1,693,000 after purchasing an additional 42 shares in the last quarter. Gulf International Bank UK Ltd raised its stake in shares of Zebra Technologies by 1.5% during the 4th quarter. Gulf International Bank UK Ltd now owns 2,789 shares of the industrial products company’s stock worth $677,000 after purchasing an additional 42 shares in the last quarter. Finally, M&T Bank Corp lifted its holdings in shares of Zebra Technologies by 1.7% during the 4th quarter. M&T Bank Corp now owns 2,812 shares of the industrial products company’s stock valued at $683,000 after buying an additional 47 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on ZBRA. KeyCorp upgraded Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price objective on the stock in a report on Wednesday, May 13th. Robert W. Baird lifted their target price on shares of Zebra Technologies from $300.00 to $310.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Wolfe Research decreased their target price on shares of Zebra Technologies from $309.00 to $281.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Wall Street Zen upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Sunday. Finally, Truist Financial raised their price target on shares of Zebra Technologies from $256.00 to $267.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $319.09.
Zebra Technologies Stock Performance
NASDAQ:ZBRA opened at $251.53 on Monday. Zebra Technologies Corporation has a 12 month low of $199.05 and a 12 month high of $352.66. The firm has a market cap of $11.98 billion, a price-to-earnings ratio of 30.41 and a beta of 1.63. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.69. The company’s 50 day moving average is $238.40 and its 200-day moving average is $237.47.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its quarterly earnings data on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.48 billion. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. Zebra Technologies’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the previous year, the company earned $4.02 earnings per share. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. Equities analysts anticipate that Zebra Technologies Corporation will post 15.2 EPS for the current year.
Insiders Place Their Bets
In other Zebra Technologies news, insider Loizides Melissa Luff sold 500 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total transaction of $126,975.00. Following the completion of the transaction, the insider owned 3,702 shares of the company’s stock, valued at $940,122.90. The trade was a 11.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Janice M. Roberts sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $249.54, for a total transaction of $748,620.00. Following the sale, the director owned 6,183 shares of the company’s stock, valued at $1,542,905.82. This trade represents a 32.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.91% of the stock is owned by insiders.
Zebra Technologies Company Profile
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
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