Zebra Technologies Corporation $ZBRA Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc lowered its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 6.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,272 shares of the industrial products company’s stock after selling 5,818 shares during the period. Ensign Peak Advisors Inc owned approximately 0.16% of Zebra Technologies worth $24,444,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in ZBRA. Alyeska Investment Group L.P. acquired a new stake in Zebra Technologies during the 1st quarter valued at $99,995,000. Pacer Advisors Inc. boosted its position in Zebra Technologies by 5,704.9% in the 1st quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock valued at $73,286,000 after buying an additional 254,895 shares during the last quarter. Boston Partners grew its stake in shares of Zebra Technologies by 18.0% during the second quarter. Boston Partners now owns 1,125,153 shares of the industrial products company’s stock valued at $346,927,000 after acquiring an additional 171,669 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Zebra Technologies during the first quarter valued at about $46,633,000. Finally, AQR Capital Management LLC increased its position in shares of Zebra Technologies by 381.6% during the first quarter. AQR Capital Management LLC now owns 201,652 shares of the industrial products company’s stock worth $55,892,000 after acquiring an additional 159,781 shares during the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Citigroup reduced their price target on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. Needham & Company LLC raised their price target on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Morgan Stanley upped their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Finally, Truist Financial reduced their price objective on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating on the stock in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and an average target price of $354.00.

Insiders Place Their Bets

In other Zebra Technologies news, Director Satish Dhanasekaran bought 1,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $233.12 per share, with a total value of $233,120.00. Following the completion of the acquisition, the director directly owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. The trade was a 42.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.84% of the stock is currently owned by company insiders.

Zebra Technologies Stock Performance

ZBRA stock opened at $240.95 on Friday. The stock’s 50 day simple moving average is $284.17 and its 200 day simple moving average is $300.11. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The firm has a market cap of $12.21 billion, a P/E ratio of 24.29 and a beta of 1.80. The company has a current ratio of 1.61, a quick ratio of 1.03 and a debt-to-equity ratio of 0.56.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.13. The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. As a group, equities research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has initiated a stock repurchase program on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

About Zebra Technologies

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.