Oak Thistle LLC increased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 299.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,642 shares of the industrial products company’s stock after buying an additional 6,480 shares during the quarter. Oak Thistle LLC’s holdings in Zebra Technologies were worth $2,568,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the business. Rokos Capital Management LLP acquired a new stake in shares of Zebra Technologies in the second quarter worth $21,037,000. JPMorgan Chase & Co. boosted its holdings in Zebra Technologies by 2.8% in the second quarter. JPMorgan Chase & Co. now owns 1,005,729 shares of the industrial products company’s stock valued at $310,130,000 after purchasing an additional 27,620 shares during the last quarter. Amundi grew its position in Zebra Technologies by 122.9% during the 2nd quarter. Amundi now owns 273,225 shares of the industrial products company’s stock worth $87,539,000 after purchasing an additional 150,643 shares during the period. Fifth Third Bancorp raised its stake in shares of Zebra Technologies by 31.9% during the 2nd quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock valued at $1,271,000 after buying an additional 996 shares during the last quarter. Finally, Symphony Financial Ltd. Co. purchased a new position in shares of Zebra Technologies during the 2nd quarter valued at about $23,253,000. 91.03% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several analysts recently commented on ZBRA shares. Citigroup dropped their target price on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Truist Financial lowered their price objective on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating on the stock in a research report on Wednesday, October 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a research note on Thursday, October 30th. Zacks Research cut shares of Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $354.00.
Insider Activity at Zebra Technologies
In related news, Director Satish Dhanasekaran bought 1,000 shares of the business’s stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average price of $233.12 per share, with a total value of $233,120.00. Following the completion of the purchase, the director directly owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. This trade represents a 42.44% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 0.84% of the stock is owned by corporate insiders.
Zebra Technologies Stock Down 1.6%
Zebra Technologies stock opened at $261.17 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.19. The stock has a market capitalization of $13.23 billion, a PE ratio of 26.33 and a beta of 1.67. The business has a 50 day simple moving average of $267.85 and a 200-day simple moving average of $297.02. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations 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 last year, the company earned $3.49 EPS. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS and its FY 2025 guidance at 15.800-15.800 EPS. On average, analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.
Zebra Technologies Profile
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.
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