Wealthfront Advisers LLC lessened its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 33.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,348 shares of the industrial products company’s stock after selling 3,707 shares during the period. Wealthfront Advisers LLC’s holdings in Zebra Technologies were worth $1,784,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in ZBRA. Nordea Investment Management AB lifted its holdings in shares of Zebra Technologies by 1,826.5% during the 3rd quarter. Nordea Investment Management AB now owns 997,495 shares of the industrial products company’s stock worth $292,705,000 after acquiring an additional 945,718 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Zebra Technologies by 1,310.3% during the 2nd quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company’s stock worth $240,422,000 after acquiring an additional 724,396 shares during the period. UBS Group AG lifted its holdings in shares of Zebra Technologies by 112.3% during the 3rd quarter. UBS Group AG now owns 481,169 shares of the industrial products company’s stock worth $142,984,000 after acquiring an additional 254,525 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Zebra Technologies by 57.7% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 683,349 shares of the industrial products company’s stock worth $165,931,000 after acquiring an additional 250,102 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Zebra Technologies by 119.5% during the 2nd quarter. AQR Capital Management LLC now owns 442,656 shares of the industrial products company’s stock worth $136,498,000 after acquiring an additional 241,004 shares during the period. Institutional investors own 91.03% of the company’s stock.
Wall Street Analyst Weigh In
ZBRA has been the subject of a number of recent analyst reports. Morgan Stanley set a $323.00 price target on shares of Zebra Technologies in a report on Thursday, February 12th. Needham & Company LLC reaffirmed a “buy” rating and set a $345.00 price target on shares of Zebra Technologies in a report on Friday, February 13th. Robert W. Baird cut their price target on shares of Zebra Technologies from $350.00 to $300.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Citigroup cut their price target on shares of Zebra Technologies from $315.00 to $274.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Finally, UBS Group reaffirmed a “buy” rating and set a $335.00 price target on shares of Zebra Technologies in a report on Friday, February 13th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $321.38.
Insider Transactions at Zebra Technologies
In related news, insider Cristen L. Kogl sold 145 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $235.71, for a total transaction of $34,177.95. Following the transaction, the insider directly owned 23,687 shares of the company’s stock, valued at $5,583,262.77. This represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.91% of the stock is currently owned by corporate insiders.
Zebra Technologies Trading Up 0.4%
ZBRA opened at $227.08 on Friday. Zebra Technologies Corporation has a twelve month low of $199.05 and a twelve month high of $352.66. The company has a quick ratio of 0.58, a current ratio of 0.97 and a debt-to-equity ratio of 0.66. The company has a fifty day moving average of $219.19 and a 200-day moving average of $244.29. The stock has a market cap of $11.17 billion, a PE ratio of 27.79 and a beta of 1.62.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its earnings results on Thursday, February 12th. The industrial products company reported $4.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.34 by ($0.01). The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. Zebra Technologies had a return on equity of 18.09% and a net margin of 7.76%.The firm’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company earned $4.00 earnings per share. Zebra Technologies has set its Q1 2026 guidance at 4.050-4.350 EPS and its FY 2026 guidance at 17.700-18.300 EPS. On average, sell-side analysts predict that Zebra Technologies Corporation will post 15 EPS for the current year.
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.
See Also
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