Lombard Odier Asset Management Europe Ltd Sells 28,482 Shares of Zebra Technologies Corporation $ZBRA

Lombard Odier Asset Management Europe Ltd lessened its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 52.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,680 shares of the industrial products company’s stock after selling 28,482 shares during the quarter. Lombard Odier Asset Management Europe Ltd’s holdings in Zebra Technologies were worth $5,369,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Summitry LLC increased its holdings in shares of Zebra Technologies by 8.1% during the 1st quarter. Summitry LLC now owns 190,110 shares of the industrial products company’s stock worth $39,748,000 after acquiring an additional 14,266 shares during the last quarter. Bank of America Corp DE boosted its position in Zebra Technologies by 22.9% during the first quarter. Bank of America Corp DE now owns 291,031 shares of the industrial products company’s stock worth $60,849,000 after purchasing an additional 54,222 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Zebra Technologies by 3.9% in the first quarter. The Manufacturers Life Insurance Company now owns 238,700 shares of the industrial products company’s stock valued at $49,907,000 after purchasing an additional 8,928 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Zebra Technologies by 3.4% in the first quarter. Lazard Asset Management LLC now owns 623,965 shares of the industrial products company’s stock valued at $130,459,000 after purchasing an additional 20,567 shares during the last quarter. Finally, Delta Global Management LP bought a new position in shares of Zebra Technologies in the first quarter valued at about $2,195,000. 91.03% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Zebra Technologies news, Director Janice M. Roberts sold 3,000 shares of Zebra Technologies stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the transaction, the director directly owned 6,183 shares of the company’s stock, valued at $1,542,905.82. The trade was a 32.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Loizides Melissa Luff sold 500 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total value of $126,975.00. Following the sale, the insider owned 3,702 shares of the company’s stock, valued at approximately $940,122.90. The trade was a 11.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.91% of the stock is owned by company insiders.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $293.82 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $13.99 billion, a P/E ratio of 35.53 and a beta of 1.58. Zebra Technologies Corporation has a 12-month low of $199.05 and a 12-month high of $352.66. The firm has a 50-day moving average price of $254.55 and a two-hundred day moving average price of $239.89.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same quarter in the prior year, the business posted $4.02 EPS. The business’s revenue was up 14.3% compared to the same quarter last year. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. Analysts anticipate that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently issued reports on ZBRA. Robert W. Baird raised their target price on shares of Zebra Technologies from $300.00 to $310.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. KeyCorp raised shares of Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price target on the stock in a report on Wednesday, May 13th. Wolfe Research restated an “outperform” rating and set a $317.00 price objective on shares of Zebra Technologies in a research report on Thursday, July 9th. UBS Group restated a “buy” rating on shares of Zebra Technologies in a report on Wednesday, July 1st. Finally, Citigroup increased their target price on Zebra Technologies from $284.00 to $306.00 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Zebra Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $327.00.

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.