Great Lakes Advisors LLC Makes New Investment in Zebra Technologies Corporation $ZBRA

Great Lakes Advisors LLC purchased a new stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,667 shares of the industrial products company’s stock, valued at approximately $703,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ZBRA. Plato Investment Management Ltd purchased a new position in shares of Zebra Technologies in the second quarter worth approximately $575,000. Fulton Bank N.A. grew its position in Zebra Technologies by 2.3% during the second quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock valued at $453,000 after buying an additional 38 shares during the period. Revolve Wealth Partners LLC purchased a new stake in Zebra Technologies during the second quarter valued at approximately $547,000. Czech National Bank increased its holdings in Zebra Technologies by 1.2% during the second quarter. Czech National Bank now owns 13,558 shares of the industrial products company’s stock valued at $3,569,000 after buying an additional 161 shares during the last quarter. Finally, Byrne Asset Management LLC bought a new position in Zebra Technologies in the second quarter worth approximately $219,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Up 2.2%

Zebra Technologies stock opened at $368.51 on Friday. The firm has a 50 day moving average of $291.93 and a 200 day moving average of $252.49. The firm has a market capitalization of $17.55 billion, a price-to-earnings ratio of 33.72 and a beta of 1.59. Zebra Technologies Corporation has a 12-month low of $199.05 and a 12-month high of $386.23. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The firm’s revenue was up 20.4% compared to the same quarter last year. During the same quarter last year, the business earned $3.61 EPS. 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, research analysts predict that Zebra Technologies Corporation will post 17.22 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Michael Cho sold 3,500 shares of the business’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 transaction, the insider directly owned 5,170 shares in the company, valued at $1,939,784. The trade was a 40.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Linda Connly sold 500 shares of the company’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 transaction, the director directly owned 3,708 shares of the company’s stock, valued at approximately $1,400,437.44. This trade represents a 11.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 4,500 shares of company stock worth $1,629,015. Corporate insiders own 0.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Needham & Company LLC lifted their price target on shares of Zebra Technologies from $345.00 to $410.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings raised shares of Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Truist Financial upped their price objective on Zebra Technologies from $296.00 to $355.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. UBS Group reaffirmed a “buy” rating on shares of Zebra Technologies in a report on Wednesday, August 5th. Finally, TD Cowen lifted their target price on Zebra Technologies from $400.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $381.00.

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.