ProShare Advisors LLC cut its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 26.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,624 shares of the industrial products company’s stock after selling 3,768 shares during the quarter. ProShare Advisors LLC’s holdings in Zebra Technologies were worth $3,966,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in ZBRA. Parkside Financial Bank & Trust increased its stake in shares of Zebra Technologies by 33.7% in the second quarter. Parkside Financial Bank & Trust now owns 222 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 56 shares in the last quarter. Community Financial Services Group LLC raised its position in shares of Zebra Technologies by 57.0% in the third quarter. Community Financial Services Group LLC now owns 223 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 81 shares during the period. Reyes Financial Architecture Inc. purchased a new stake in shares of Zebra Technologies during the 3rd quarter valued at approximately $93,000. Root Financial Partners LLC purchased a new stake in shares of Zebra Technologies during the 3rd quarter valued at approximately $100,000. Finally, Parallel Advisors LLC lifted its stake in shares of Zebra Technologies by 16.4% during the 1st quarter. Parallel Advisors LLC now owns 531 shares of the industrial products company’s stock valued at $111,000 after buying an additional 75 shares in the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.
More Zebra Technologies News
Here are the key news stories impacting Zebra Technologies this week:
- Positive Sentiment: Zebra beat Q3 earnings expectations, citing strong demand for mobile computing and growth in automation, and raised its 2026 outlook. Higher memory costs remain a headwind, but the stronger full-year outlook is supportive. ZBRA Q3 Earnings Call Highlights Strong Demand and Raised Outlook
- Positive Sentiment: CFRA upgraded Zebra from Hold to Buy. Barclays also raised its price target to $432 and maintained an Overweight rating. CFRA upgrade Barclays price target
- Positive Sentiment: A Zacks analysis says the recent selloff has left ZBRA technically oversold, while analysts’ upward earnings-estimate revisions could support a rebound. This is a potential catalyst, not a guarantee of a turnaround. Zacks turnaround analysis
- Neutral Sentiment: Analyst actions were mixed: Morgan Stanley raised its target to $380 but kept an Equal Weight rating; BNP Paribas Exane trimmed its target to $455 while retaining Outperform; and Citi and Truist made modest target cuts while maintaining Neutral and Hold ratings, respectively. Morgan Stanley target Truist target
- Negative Sentiment: The near-term concern is Zebra’s Q4 earnings outlook, which disappointed investors even as Q3 results were strong. The report was associated with a sharp share-price decline, suggesting guidance outweighed the quarterly beat. Report on Q4 outlook and shares
Insider Buying and Selling at Zebra Technologies
In related news, Director Linda Connly sold 500 shares of the firm’s stock in a transaction that occurred 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 $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.91% of the company’s stock.
Zebra Technologies Stock Down 3.2%
ZBRA opened at $321.64 on Friday. The company has a fifty day moving average price of $365.39 and a 200-day moving average price of $281.97. The firm has a market capitalization of $15.32 billion, a P/E ratio of 19.31 and a beta of 1.61. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.57 and a quick ratio of 0.33. Zebra Technologies Corporation has a one year low of $199.05 and a one year high of $392.78.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $4.95 earnings per share for the quarter, topping the consensus estimate of $4.89 by $0.06. The firm had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Zebra Technologies had a net margin of 9.80% and a return on equity of 23.94%. The business’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.88 earnings per share. Equities research analysts expect that Zebra Technologies Corporation will post 18.13 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research analysts recently commented on ZBRA shares. Weiss Ratings raised shares of Zebra Technologies from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, October 13th. Cfra raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Wednesday. UBS Group restated a “buy” rating on shares of Zebra Technologies in a research report on Wednesday, August 5th. Barclays raised their price target on Zebra Technologies from $416.00 to $432.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, KeyCorp lifted their price target on Zebra Technologies from $305.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies has a consensus rating of “Moderate Buy” and an average price target of $388.67.
Get Our Latest Stock Analysis on ZBRA
Zebra Technologies 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.
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