Zebra Technologies Corporation $ZBRA Stake Lifted by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. grew its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.3% in the third quarter, Holdings Channel.com reports. The fund owned 613,319 shares of the industrial products company’s stock after buying an additional 1,956 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Zebra Technologies were worth $228,958,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake 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 worth $143,473,000 after buying an additional 185,387 shares during the last quarter. Lazard Asset Management LLC raised its holdings in Zebra Technologies by 3.4% during the first quarter. Lazard Asset Management LLC now owns 623,965 shares of the industrial products company’s stock worth $130,459,000 after purchasing an additional 20,567 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Zebra Technologies by 111.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company’s stock worth $104,671,000 after acquiring an additional 264,015 shares during the period. Swedbank AB raised its holdings in shares of Zebra Technologies by 958.0% in 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. Finally, Bank of America Corp DE boosted its stake in shares of Zebra Technologies by 22.9% during the 1st quarter. Bank of America Corp DE now owns 291,031 shares of the industrial products company’s stock worth $60,849,000 after acquiring an additional 54,222 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of a number of recent analyst reports. BNP Paribas Exane restated an “outperform” rating and set a $455.00 price target (up from $370.00) on shares of Zebra Technologies in a report on Wednesday, August 5th. Needham & Company LLC boosted their price target on Zebra Technologies from $410.00 to $435.00 and gave the stock a “buy” rating in a research report on Tuesday, September 15th. TD Cowen boosted their target price on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Citigroup reiterated a “buy” rating on shares of Zebra Technologies in a research note on Monday, October 12th. Finally, KeyCorp lifted their price objective on Zebra Technologies from $305.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $385.83.

Insider Buying and Selling at Zebra Technologies

In related news, Director Linda Connly sold 500 shares of the business’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total value of $188,840.00. Following the sale, the director directly 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the business’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $375.20, for a total value of $1,313,200.00. Following the completion of the sale, the insider owned 5,170 shares in the company, valued at approximately $1,939,784. This trade represents a 40.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.91% of the company’s stock.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $361.26 on Monday. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $392.78. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The firm’s 50 day moving average is $367.54 and its 200-day moving average is $280.41. The firm has a market capitalization of $17.21 billion, a price-to-earnings ratio of 33.05 and a beta of 1.61.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share 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 analyst estimates of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. Zebra Technologies’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the business posted $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. Sell-side analysts forecast that Zebra Technologies Corporation will post 18.07 EPS for the current fiscal year.

Zebra Technologies Company 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.