Bank of New York Mellon Corp reduced its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 4.4% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 269,468 shares of the industrial products company’s stock after selling 12,466 shares during the quarter. Bank of New York Mellon Corp’s holdings in Zebra Technologies were worth $56,340,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in ZBRA. Vanguard Group Inc. boosted its stake in shares of Zebra Technologies by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 6,645,605 shares of the industrial products company’s stock worth $1,613,686,000 after acquiring an additional 132,151 shares in the last quarter. State Street Corp raised its stake in shares of Zebra Technologies by 1.0% in the 4th quarter. State Street Corp now owns 2,263,614 shares of the industrial products company’s stock valued at $549,651,000 after acquiring an additional 21,488 shares in the last quarter. Invesco Ltd. raised its stake in shares of Zebra Technologies by 30.1% in the 4th quarter. Invesco Ltd. now owns 1,801,516 shares of the industrial products company’s stock valued at $437,444,000 after acquiring an additional 416,568 shares in the last quarter. Geode Capital Management LLC grew its holdings in Zebra Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,338,221 shares of the industrial products company’s stock valued at $323,697,000 after purchasing an additional 5,224 shares during the last quarter. Finally, Boston Partners grew its holdings in Zebra Technologies by 0.4% during the third quarter. Boston Partners now owns 1,130,117 shares of the industrial products company’s stock valued at $335,940,000 after purchasing an additional 4,237 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.
Insider Activity
In related news, Director Janice M. Roberts sold 3,000 shares of Zebra Technologies stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $249.54, for a total transaction 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. This trade represents a 32.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Loizides Melissa Luff sold 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total value of $126,975.00. Following the transaction, the insider owned 3,702 shares in the company, valued at $940,122.90. This represents a 11.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is currently owned by company insiders.
Zebra Technologies Trading Down 2.2%
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its quarterly earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share for the quarter, beating analysts’ consensus estimates of $4.21 by $0.54. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The business’s revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm earned $4.02 EPS. 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. As a group, sell-side analysts predict that Zebra Technologies Corporation will post 15.2 EPS for the current year.
Analyst Ratings Changes
A number of research firms have recently commented on ZBRA. Wall Street Zen raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, June 28th. Robert W. Baird upped their price objective on shares of Zebra Technologies from $300.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Citigroup lifted their target price on shares of Zebra Technologies from $284.00 to $306.00 and gave the stock a “neutral” rating in a report on Monday, July 13th. Finally, Barclays boosted their target price on shares of Zebra Technologies from $345.00 to $346.00 and gave the stock an “overweight” rating in a research report on Monday, June 22nd. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Zebra Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $327.00.
Check Out Our Latest Report on Zebra Technologies
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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