Swedbank AB raised its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 7.3% in the third quarter, Holdings Channel.com reports. The fund owned 39,398 shares of the industrial products company’s stock after acquiring an additional 2,697 shares during the quarter. Swedbank AB’s holdings in Zebra Technologies were worth $11,708,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Trust Co. of Toledo NA OH acquired a new stake in shares of Zebra Technologies in the second quarter worth approximately $25,000. Blue Trust Inc. lifted its holdings in Zebra Technologies by 81.7% in the 2nd quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 49 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Zebra Technologies during the 2nd quarter worth $39,000. Ameritas Advisory Services LLC purchased a new stake in shares of Zebra Technologies during the second quarter worth $42,000. Finally, Steph & Co. acquired a new stake in shares of Zebra Technologies in the second quarter valued at about $54,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently weighed in on ZBRA. Barclays decreased their price target on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Zacks Research cut Zebra Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Truist Financial cut their price target on Zebra Technologies from $331.00 to $291.00 and set a “hold” rating for the company in a report on Thursday, December 18th. KeyCorp reiterated a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $349.00.
Insider Transactions at Zebra Technologies
In related news, Director Satish Dhanasekaran bought 1,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The shares were bought at an average price of $233.12 per share, with a total value of $233,120.00. Following the completion of the transaction, the director directly owned 3,356 shares of the company’s stock, valued at $782,350.72. This represents a 42.44% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.84% of the company’s stock.
Zebra Technologies Trading Up 0.2%
ZBRA opened at $246.27 on Friday. The stock has a market capitalization of $12.48 billion, a PE ratio of 24.83 and a beta of 1.67. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $427.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.61. The business’s 50 day moving average price is $260.98 and its 200 day moving average price is $294.53.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last posted its 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 return on equity of 18.08% and a net margin of 9.74%.The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter last year, the firm earned $3.49 earnings per share. The firm’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. As a group, equities research analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current year.
About Zebra Technologies
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.
Recommended Stories
- Five stocks we like better than Zebra Technologies
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Do you know what Amazon is planning for January 1?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report).
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.
