Washington Trust Advisors Inc. Sells 2,739 Shares of Zebra Technologies Corporation $ZBRA

Washington Trust Advisors Inc. cut its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 6.1% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 42,509 shares of the industrial products company’s stock after selling 2,739 shares during the quarter. Washington Trust Advisors Inc.’s holdings in Zebra Technologies were worth $11,191,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its position in Zebra Technologies by 57.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,631 shares of the industrial products company’s stock valued at $429,000 after acquiring an additional 592 shares during the period. NEOS Investment Management LLC lifted its holdings in shares of Zebra Technologies by 6.4% during the second quarter. NEOS Investment Management LLC now owns 7,294 shares of the industrial products company’s stock worth $1,920,000 after purchasing an additional 440 shares during the period. Nykredit A S bought a new stake in shares of Zebra Technologies in the second quarter worth $458,000. B. Metzler seel. Sohn & Co. AG grew its stake in shares of Zebra Technologies by 477.3% in the second quarter. B. Metzler seel. Sohn & Co. AG now owns 18,244 shares of the industrial products company’s stock worth $4,803,000 after purchasing an additional 15,084 shares during the last quarter. Finally, Wedbush Securities Inc. increased its holdings in Zebra Technologies by 14.2% in the second quarter. Wedbush Securities Inc. now owns 1,119 shares of the industrial products company’s stock valued at $294,000 after purchasing an additional 139 shares during the period. 91.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. KeyCorp raised their target price on Zebra Technologies from $305.00 to $430.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Morgan Stanley set a $360.00 price target on Zebra Technologies in a research report on Wednesday, August 5th. Truist Financial increased their price target on Zebra Technologies from $296.00 to $355.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. TD Cowen raised their price objective on Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, UBS Group reaffirmed a “buy” rating on shares of Zebra Technologies in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $381.00.

Insider Transactions at Zebra Technologies

In other news, Director Linda Connly sold 500 shares of the business’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the transaction, the director directly owned 3,708 shares of the company’s stock, valued at $1,400,437.44. The trade was a 11.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael Cho sold 3,500 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $375.20, for a total value of $1,313,200.00. Following the sale, the insider owned 5,170 shares in the company, valued at approximately $1,939,784. The trade was a 40.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is owned by insiders.

Zebra Technologies Price Performance

Shares of NASDAQ ZBRA opened at $362.74 on Monday. Zebra Technologies Corporation has a twelve month low of $199.05 and a twelve month high of $386.23. The firm has a fifty day simple moving average of $315.15 and a 200 day simple moving average of $259.81. The company has a market capitalization of $17.28 billion, a PE ratio of 33.19 and a beta of 1.60. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 0.14.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the prior year, the firm posted $3.61 earnings per share. The business’s quarterly revenue was up 20.4% compared to the same quarter last year. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. On average, sell-side analysts forecast that Zebra Technologies Corporation will post 17.22 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.