Zebra Technologies Corporation $ZBRA Holdings Trimmed by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA reduced its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 13.5% during the first quarter, Holdings Channel.com reports. The fund owned 513,474 shares of the industrial products company’s stock after selling 80,182 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Zebra Technologies were worth $107,278,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in Zebra Technologies by 39.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company’s stock valued at $372,000 after acquiring an additional 376 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Zebra Technologies in the 1st quarter worth approximately $317,000. Empowered Funds LLC grew its stake in shares of Zebra Technologies by 7.2% in the 1st quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company’s stock worth $407,000 after purchasing an additional 97 shares during the last quarter. Brown Advisory Inc. raised its holdings in shares of Zebra Technologies by 2.1% in the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after purchasing an additional 36 shares in the last quarter. Finally, Cresset Asset Management LLC raised its holdings in shares of Zebra Technologies by 19.4% in the 2nd quarter. Cresset Asset Management LLC now owns 2,504 shares of the industrial products company’s stock worth $772,000 after purchasing an additional 407 shares in the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Zebra Technologies

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

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Barclays lifted their price target on shares of Zebra Technologies from $345.00 to $346.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Northcoast Research reduced their price objective on Zebra Technologies from $364.00 to $344.00 and set a “buy” rating for the company in a research note on Monday, April 27th. Wall Street Zen raised Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Sunday. Citigroup lifted their target price on Zebra Technologies from $274.00 to $284.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, KeyCorp raised Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 target price on the stock in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $319.09.

Zebra Technologies Stock Performance

Zebra Technologies stock opened at $251.53 on Monday. Zebra Technologies Corporation has a fifty-two week low of $199.05 and a fifty-two week high of $352.66. The firm’s 50 day simple moving average is $238.40 and its 200-day simple moving average is $237.47. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57. The company has a market cap of $11.98 billion, a P/E ratio of 30.41 and a beta of 1.63.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, May 12th. The industrial products company reported $4.75 EPS for the quarter, beating the consensus estimate of $4.21 by $0.54. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter in the prior year, the firm earned $4.02 EPS. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. 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. As a group, equities research analysts predict that Zebra Technologies Corporation will post 15.2 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.