Norris Perne & French LLP MI raised its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 240.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,510 shares of the industrial products company’s stock after purchasing an additional 38,509 shares during the period. Norris Perne & French LLP MI’s holdings in Zebra Technologies were worth $20,349,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently modified their holdings of the business. Swedbank AB increased its stake in shares of Zebra Technologies by 958.0% during the 1st quarter. Swedbank AB now owns 417,898 shares of the industrial products company’s stock worth $87,374,000 after purchasing an additional 378,400 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Zebra Technologies by 111.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company’s stock valued at $104,671,000 after buying an additional 264,015 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Zebra Technologies by 415.3% in the 1st quarter. Renaissance Technologies LLC now owns 288,311 shares of the industrial products company’s stock valued at $60,280,000 after buying an additional 232,360 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Zebra Technologies by 37.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company’s stock valued at $143,473,000 after buying an additional 185,387 shares during the last quarter. Finally, Oslo Pensjonsforsikring AS acquired a new stake in Zebra Technologies during the 1st quarter valued at $26,993,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.
Insider Activity
In other Zebra Technologies news, insider Michael Cho sold 3,500 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $375.20, for a total value of $1,313,200.00. Following the sale, the insider directly owned 5,170 shares of the company’s stock, valued at approximately $1,939,784. This trade represents a 40.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Linda Connly sold 500 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the completion of the sale, the director directly owned 3,708 shares in the company, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.91% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently weighed in on ZBRA. KeyCorp boosted their price target on Zebra Technologies from $305.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Wolfe Research reaffirmed an “outperform” rating and set a $317.00 price objective on shares of Zebra Technologies in a research note on Thursday, July 9th. TD Cowen increased their price objective on Zebra Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Zacks Research lowered shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $455.00 price target (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $385.83.
Read Our Latest Research Report on Zebra Technologies
Zebra Technologies Stock Up 0.6%
ZBRA stock opened at $386.45 on Friday. The company has a 50 day moving average price of $366.07 and a two-hundred day moving average price of $296.24. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.33 and a current ratio of 0.52. The stock has a market capitalization of $18.41 billion, a P/E ratio of 35.36 and a beta of 1.58. Zebra Technologies Corporation has a one year low of $199.05 and a one year high of $392.78.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. The business had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.61 earnings per share. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. As a group, sell-side analysts expect that Zebra Technologies Corporation will post 18.07 EPS for the current year.
Zebra Technologies Profile
Zebra Technologies Corp. (NASDAQ: ZBRA) develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.
The company’s portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.
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