Zebra Technologies Corporation $ZBRA Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. decreased its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 679,190 shares of the industrial products company’s stock after selling 4,159 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Zebra Technologies were worth $142,005,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. AIGH Capital Management LLC purchased a new stake in shares of Zebra Technologies in the 1st quarter valued at about $20,908,000. Resona Asset Management Co. Ltd. grew its stake in Zebra Technologies by 0.8% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 15,592 shares of the industrial products company’s stock worth $3,231,000 after buying an additional 121 shares during the last quarter. Isthmus Partners LLC increased its position in Zebra Technologies by 30.5% during the first quarter. Isthmus Partners LLC now owns 55,635 shares of the industrial products company’s stock worth $11,632,000 after buying an additional 13,006 shares during the period. Swedbank AB increased its position in Zebra Technologies by 958.0% during the first quarter. Swedbank AB now owns 417,898 shares of the industrial products company’s stock worth $87,374,000 after buying an additional 378,400 shares during the period. Finally, Busey Bank lifted its stake in Zebra Technologies by 1.8% in the first quarter. Busey Bank now owns 16,968 shares of the industrial products company’s stock valued at $3,547,000 after buying an additional 295 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $272.65 on Friday. The firm’s fifty day moving average price is $244.91 and its 200 day moving average price is $237.68. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $352.66. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57. The firm has a market cap of $12.99 billion, a price-to-earnings ratio of 32.97 and a beta of 1.60.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, May 12th. The industrial products company reported $4.75 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54. The company had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. Zebra Technologies’s quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $4.02 EPS. 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. On average, sell-side analysts expect that Zebra Technologies Corporation will post 15.2 EPS for the current year.

Analyst Ratings Changes

ZBRA has been the subject of several research analyst reports. Wolfe Research reissued an “outperform” rating and issued a $317.00 price objective on shares of Zebra Technologies in a report on Thursday. Truist Financial upped their price target on shares of Zebra Technologies from $267.00 to $296.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. KeyCorp upgraded shares of Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price target for the company in a research note on Wednesday, May 13th. BNP Paribas Exane raised their price objective on shares of Zebra Technologies from $365.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Zebra Technologies in a research note on Wednesday, May 20th. Eight investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Zebra Technologies presently has an average rating of “Moderate Buy” and an average price target of $325.00.

Insider Transactions at Zebra Technologies

In related news, insider Loizides Melissa Luff sold 500 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total value of $126,975.00. Following the completion of the sale, the insider owned 3,702 shares in the company, valued at $940,122.90. This trade represents a 11.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Janice M. Roberts sold 3,000 shares of Zebra Technologies stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the sale, the director directly owned 6,183 shares in the company, valued at $1,542,905.82. This represents a 32.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.91% of the company’s stock.

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.