Citigroup Inc. cut its stake in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 6.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 55,116 shares of the industrial products company’s stock after selling 3,547 shares during the period. Citigroup Inc.’s holdings in Zebra Technologies were worth $16,378,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Tredje AP fonden lifted its holdings in shares of Zebra Technologies by 26.8% in the 3rd quarter. Tredje AP fonden now owns 6,352 shares of the industrial products company’s stock worth $1,888,000 after acquiring an additional 1,343 shares during the last quarter. Hillsdale Investment Management Inc. boosted its position in Zebra Technologies by 21.0% during the third quarter. Hillsdale Investment Management Inc. now owns 3,455 shares of the industrial products company’s stock valued at $1,027,000 after buying an additional 600 shares during the period. Isthmus Partners LLC grew its stake in shares of Zebra Technologies by 0.8% during the third quarter. Isthmus Partners LLC now owns 42,484 shares of the industrial products company’s stock valued at $12,625,000 after buying an additional 341 shares during the last quarter. Syon Capital LLC increased its holdings in shares of Zebra Technologies by 5.1% in the third quarter. Syon Capital LLC now owns 3,046 shares of the industrial products company’s stock worth $905,000 after buying an additional 147 shares during the period. Finally, Advisors Capital Management LLC lifted its stake in shares of Zebra Technologies by 0.8% in the 3rd quarter. Advisors Capital Management LLC now owns 17,514 shares of the industrial products company’s stock valued at $5,205,000 after acquiring an additional 133 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, January 21st. Barclays cut their target price on shares of Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating on the stock in a report on Friday, February 13th. Needham & Company LLC reiterated a “buy” rating and set a $345.00 price target on shares of Zebra Technologies in a report on Friday, February 13th. UBS Group reissued a “buy” rating and set a $335.00 price target on shares of Zebra Technologies in a research report on Friday, February 13th. Finally, Zacks Research upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and an average target price of $339.25.
Zebra Technologies Trading Down 4.7%
Shares of ZBRA opened at $223.96 on Friday. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $352.66. The company has a current ratio of 0.97, a quick ratio of 0.58 and a debt-to-equity ratio of 0.66. The firm’s 50-day moving average price is $248.15 and its 200-day moving average price is $273.44. The firm has a market capitalization of $11.02 billion, a price-to-earnings ratio of 27.41 and a beta of 1.69.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The industrial products company reported $4.33 earnings per share for the quarter, missing the consensus estimate of $4.34 by ($0.01). Zebra Technologies had a net margin of 7.76% and a return on equity of 18.09%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the previous year, the firm posted $4.00 earnings per share. The business’s revenue was up 10.6% compared to the same quarter last year. Zebra Technologies has set its Q1 2026 guidance at 4.050-4.350 EPS and its FY 2026 guidance at 17.700-18.300 EPS. Sell-side analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS 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.
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