Zebra Technologies Corporation $ZBRA Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel trimmed its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 34.6% during the third quarter, Holdings Channel.com reports. The fund owned 38,126 shares of the industrial products company’s stock after selling 20,138 shares during the period. Carnegie Investment Counsel’s holdings in Zebra Technologies were worth $11,330,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average cost of $233.12 per share, with a total value of $233,120.00. Following the completion of the acquisition, the director directly owned 3,356 shares of the company’s stock, valued at $782,350.72. This trade represents a 42.44% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.84% of the stock is currently owned by insiders.

Zebra Technologies Price Performance

Zebra Technologies stock opened at $246.27 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The company has a fifty day simple moving average of $260.98 and a 200-day simple moving average of $294.53. The stock has a market cap of $12.48 billion, a P/E ratio of 24.83 and a beta of 1.67. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76.

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Truist Financial reduced their price target on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a research report on Thursday, December 18th. KeyCorp reiterated a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Barclays dropped their price target on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Zacks Research cut Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Finally, Citigroup lowered their target price on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Zebra Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $349.00.

Zebra Technologies Profile

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.