Robeco Institutional Asset Management B.V. boosted its position in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 34.3% during the third quarter, Holdings Channel.com reports. The fund owned 256,025 shares of the industrial products company’s stock after purchasing an additional 65,320 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Zebra Technologies were worth $95,577,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ZBRA. Norway Savings Bank grew its position in Zebra Technologies by 5.7% during the third quarter. Norway Savings Bank now owns 5,194 shares of the industrial products company’s stock valued at $1,939,000 after acquiring an additional 282 shares during the period. Willis Investment Counsel raised its holdings in shares of Zebra Technologies by 48.7% in the 3rd quarter. Willis Investment Counsel now owns 25,541 shares of the industrial products company’s stock worth $9,535,000 after purchasing an additional 8,366 shares during the period. Community Financial Services Group LLC raised its holdings in shares of Zebra Technologies by 57.0% in the 3rd quarter. Community Financial Services Group LLC now owns 223 shares of the industrial products company’s stock worth $84,000 after purchasing an additional 81 shares during the period. Tidal Investments LLC raised its holdings in shares of Zebra Technologies by 21.8% in the 2nd quarter. Tidal Investments LLC now owns 11,455 shares of the industrial products company’s stock worth $3,016,000 after purchasing an additional 2,053 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Zebra Technologies in the 2nd quarter valued at about $115,000. Institutional investors and hedge funds own 91.03% of the company’s stock.
Insider Activity
In related news, insider Michael Cho sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the transaction, the insider directly owned 5,170 shares of the company’s stock, valued at approximately $1,939,784. The trade was a 40.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Linda Connly sold 500 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.91% of the company’s stock.
Zebra Technologies Trading Up 1.8%
NASDAQ:ZBRA opened at $391.00 on Thursday. The business’s 50-day moving average is $365.77 and its two-hundred day moving average is $294.33. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. Zebra Technologies Corporation has a 12 month low of $199.05 and a 12 month high of $392.78. The firm has a market capitalization of $18.62 billion, a PE ratio of 35.77 and a beta of 1.58.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, topping the consensus estimate of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the business earned $3.61 earnings per share. The company’s 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. Research analysts predict that Zebra Technologies Corporation will post 18.07 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. Truist Financial lifted their price objective on Zebra Technologies from $355.00 to $378.00 and gave the company a “hold” rating in a research note on Monday, October 5th. TD Cowen increased their target price on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Needham & Company LLC raised their price target on shares of Zebra Technologies from $410.00 to $435.00 and gave the company a “buy” rating in a report on Tuesday, September 15th. Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, KeyCorp lifted their price target on shares of Zebra Technologies from $305.00 to $430.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $385.83.
Get Our Latest Stock Analysis on Zebra Technologies
Zebra Technologies Company 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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