Orion Porfolio Solutions LLC Acquires 6,718 Shares of Zebra Technologies Corporation $ZBRA

Orion Porfolio Solutions LLC boosted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 81.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 14,918 shares of the industrial products company’s stock after buying an additional 6,718 shares during the period. Orion Porfolio Solutions LLC’s holdings in Zebra Technologies were worth $4,600,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Zebra Technologies by 1.0% during the second quarter. Vanguard Group Inc. now owns 6,426,782 shares of the industrial products company’s stock worth $1,981,762,000 after acquiring an additional 61,312 shares during the period. State Street Corp raised its stake in shares of Zebra Technologies by 1.2% in the 2nd quarter. State Street Corp now owns 2,204,370 shares of the industrial products company’s stock valued at $679,740,000 after purchasing an additional 26,927 shares during the period. Invesco Ltd. raised its stake in shares of Zebra Technologies by 5.8% in the 2nd quarter. Invesco Ltd. now owns 1,413,247 shares of the industrial products company’s stock valued at $435,789,000 after purchasing an additional 77,383 shares during the period. Boston Partners lifted its holdings in shares of Zebra Technologies by 18.1% in the second quarter. Boston Partners now owns 1,125,880 shares of the industrial products company’s stock valued at $347,151,000 after purchasing an additional 172,396 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Zebra Technologies by 2.8% during the second quarter. JPMorgan Chase & Co. now owns 1,005,729 shares of the industrial products company’s stock worth $310,130,000 after buying an additional 27,620 shares during the period. Institutional investors and hedge funds own 91.03% of the company’s stock.

Insider Transactions at Zebra Technologies

In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of Zebra Technologies stock in a transaction that occurred on Tuesday, November 18th. The stock was acquired at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the completion of the acquisition, the director owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. This trade represents a 42.44% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the company. Barclays cut their target price on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Truist Financial lowered their price objective on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating on the stock in a report on Wednesday, October 29th. KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Citigroup decreased their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $354.00.

Check Out Our Latest Research Report on ZBRA

Zebra Technologies Price Performance

NASDAQ:ZBRA opened at $261.17 on Wednesday. The stock has a market capitalization of $13.23 billion, a PE ratio of 26.33 and a beta of 1.67. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The firm has a fifty day simple moving average of $267.85 and a 200 day simple moving average of $297.02. The company has a current ratio of 1.61, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the prior year, the firm posted $3.49 earnings per share. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. 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, research analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies Company Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.