Bank of New York Mellon Corp Trims Holdings in Zebra Technologies Corporation $ZBRA

Bank of New York Mellon Corp trimmed its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 25.6% in the 4th quarter, HoldingsChannel reports. The firm owned 281,934 shares of the industrial products company’s stock after selling 97,046 shares during the quarter. Bank of New York Mellon Corp’s holdings in Zebra Technologies were worth $68,459,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of ZBRA. Nordea Investment Management AB raised its position in Zebra Technologies by 87.9% during the fourth quarter. Nordea Investment Management AB now owns 1,874,206 shares of the industrial products company’s stock valued at $457,419,000 after acquiring an additional 876,711 shares in the last quarter. Alliancebernstein L.P. raised its position in Zebra Technologies by 1,310.3% during the second quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company’s stock valued at $240,422,000 after acquiring an additional 724,396 shares in the last quarter. Norges Bank purchased a new position in Zebra Technologies during the fourth quarter valued at approximately $134,505,000. UBS Group AG raised its position in Zebra Technologies by 112.3% during the third quarter. UBS Group AG now owns 481,169 shares of the industrial products company’s stock valued at $142,984,000 after acquiring an additional 254,525 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in Zebra Technologies by 57.7% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 683,349 shares of the industrial products company’s stock valued at $165,931,000 after acquiring an additional 250,102 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Stock Up 0.5%

Shares of ZBRA opened at $234.20 on Wednesday. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69. Zebra Technologies Corporation has a 12 month low of $199.05 and a 12 month high of $352.66. The stock’s 50 day moving average is $232.75 and its two-hundred day moving average is $238.85. The firm has a market cap of $11.15 billion, a P/E ratio of 28.32 and a beta of 1.63.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, May 12th. The industrial products company reported $4.75 EPS for the quarter, beating the consensus estimate of $4.21 by $0.54. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. Zebra Technologies had a return on equity of 18.91% and a net margin of 7.49%.Zebra Technologies’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the company earned $4.02 earnings per share. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. Analysts predict that Zebra Technologies Corporation will post 15.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Citigroup lifted their price target on Zebra Technologies from $274.00 to $284.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. KeyCorp upgraded Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price target for the company in a research report on Wednesday, May 13th. UBS Group reissued a “buy” rating and issued a $335.00 price objective on shares of Zebra Technologies in a report on Friday, February 13th. Barclays raised their price objective on Zebra Technologies from $330.00 to $345.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Finally, Truist Financial raised their price objective on Zebra Technologies from $256.00 to $267.00 and gave the company a “hold” rating in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $319.00.

Insider Buying and Selling

In other news, Director Janice M. Roberts sold 3,000 shares of Zebra Technologies stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $249.54, for a total value of $748,620.00. Following the sale, the director directly owned 6,183 shares of the company’s stock, valued at $1,542,905.82. The trade was a 32.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Loizides Melissa Luff sold 500 shares of Zebra Technologies stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total value of $126,975.00. Following the completion of the sale, the insider directly owned 3,702 shares in the company, valued at $940,122.90. This represents a 11.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.91% of the company’s stock.

Zebra Technologies Company 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.