VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in Zebra Technologies Corporation $ZBRA

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 14,700 shares of the industrial products company’s stock, valued at approximately $3,870,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of ZBRA. Brown Advisory Inc. grew its holdings in 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 purchasing an additional 36 shares during the last quarter. Fulton Bank N.A. lifted its holdings in shares of Zebra Technologies by 2.3% during the 2nd quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock valued at $453,000 after purchasing an additional 38 shares during the last quarter. Empowered Funds LLC lifted its holdings in shares of Zebra Technologies by 1.7% during the 4th quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock valued at $579,000 after purchasing an additional 40 shares during the last quarter. New York Life Investment Management LLC boosted its position in shares of Zebra Technologies by 0.6% in 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. Finally, Gulf International Bank UK Ltd boosted its position in shares of Zebra Technologies by 1.5% in 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. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

Shares of ZBRA stock opened at $344.83 on Thursday. The business has a fifty day moving average of $320.62 and a 200 day moving average of $261.89. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $386.23. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. The firm has a market capitalization of $16.42 billion, a price-to-earnings ratio of 31.55 and a beta of 1.60.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, beating the consensus estimate of $4.36 by $1.99. The business had revenue of $1.56 billion for 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 company’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same quarter in the previous 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 expect that Zebra Technologies Corporation will post 17.22 earnings per share for the current year.

Insider Buying and Selling

In other Zebra Technologies news, insider Michael Cho sold 3,500 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the transaction, 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the sale, the director owned 3,708 shares of the company’s stock, 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. 0.91% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Citigroup upped their target price on Zebra Technologies from $306.00 to $396.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Barclays raised their price target on Zebra Technologies from $346.00 to $410.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Wall Street Zen upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, June 28th. Truist Financial upped their price objective on shares of Zebra Technologies from $296.00 to $355.00 and gave the company a “hold” rating in a report on Wednesday, August 5th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $381.00.

Zebra Technologies Company Profile

Zebra Technologies Corporation (NASDAQ: ZBRA) provides enterprise asset intelligence solutions that help organizations identify, track and manage physical assets, inventory and workflows. Its technologies are used to capture data at the point of activity and connect that information with business systems.

The company offers barcode and label printers, mobile computers, handheld and fixed industrial scanners, RFID readers and printers, machine vision and imaging systems, location solutions, and related software and services.