Allspring Global Investments Holdings LLC Sells 70,076 Shares of Zebra Technologies Corporation $ZBRA

Allspring Global Investments Holdings LLC cut its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 96.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,653 shares of the industrial products company’s stock after selling 70,076 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Zebra Technologies were worth $774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Elevation Point Wealth Partners LLC grew its position in Zebra Technologies by 3.4% in the second quarter. Elevation Point Wealth Partners LLC now owns 986 shares of the industrial products company’s stock worth $304,000 after acquiring an additional 32 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in Zebra Technologies by 19.2% during the second quarter. Parkside Financial Bank & Trust now owns 205 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 33 shares during the last quarter. Wealth Alliance LLC boosted its holdings in shares of Zebra Technologies by 3.5% in the 2nd quarter. Wealth Alliance LLC now owns 978 shares of the industrial products company’s stock worth $302,000 after purchasing an additional 33 shares in the last quarter. Brown Advisory Inc. increased its position in shares of Zebra Technologies by 2.1% during the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock valued at $551,000 after purchasing an additional 36 shares during the last quarter. Finally, Dearborn Partners LLC lifted its position in Zebra Technologies by 3.9% in the 2nd quarter. Dearborn Partners LLC now owns 1,200 shares of the industrial products company’s stock worth $370,000 after buying an additional 45 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. KeyCorp reiterated a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Truist Financial reduced their target price on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a report on Thursday, December 18th. Citigroup decreased their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. Barclays reduced their price objective on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Finally, Zacks Research raised Zebra Technologies from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $349.00.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, Director Satish Dhanasekaran bought 1,000 shares of Zebra Technologies stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average cost of $233.12 per share, with a total value of $233,120.00. Following the completion of the purchase, the director owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. This represents a 42.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.84% of the company’s stock.

Zebra Technologies Price Performance

ZBRA stock opened at $259.48 on Friday. The stock has a market capitalization of $13.15 billion, a price-to-earnings ratio of 26.16 and a beta of 1.68. The firm’s 50-day moving average price is $252.55 and its two-hundred day moving average price is $291.51. The company has a current ratio of 1.61, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. 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 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. 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. As a group, equities analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

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.