Zebra Technologies Co. (NASDAQ:ZBRA) Shares Sold by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. cut its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 26,046 shares of the industrial products company’s stock after selling 376 shares during the quarter. ZWJ Investment Counsel Inc.’s holdings in Zebra Technologies were worth $9,645,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Zebra Technologies by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 6,082,360 shares of the industrial products company’s stock valued at $1,662,491,000 after acquiring an additional 22,327 shares during the last quarter. Nomura Holdings Inc. increased its holdings in shares of Zebra Technologies by 110.2% in the 4th quarter. Nomura Holdings Inc. now owns 1,850 shares of the industrial products company’s stock valued at $506,000 after acquiring an additional 970 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Zebra Technologies by 67.3% in the 1st quarter. GAMMA Investing LLC now owns 475 shares of the industrial products company’s stock valued at $143,000 after acquiring an additional 191 shares during the last quarter. Fulton Bank N.A. increased its holdings in shares of Zebra Technologies by 9.2% in the 1st quarter. Fulton Bank N.A. now owns 2,895 shares of the industrial products company’s stock valued at $873,000 after acquiring an additional 245 shares during the last quarter. Finally, Czech National Bank increased its holdings in shares of Zebra Technologies by 0.5% in the 1st quarter. Czech National Bank now owns 9,036 shares of the industrial products company’s stock valued at $2,724,000 after acquiring an additional 41 shares during the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Trading Up 0.1 %

Shares of ZBRA stock opened at $375.50 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.84 and a current ratio of 1.28. Zebra Technologies Co. has a 1 year low of $194.59 and a 1 year high of $380.05. The stock has a fifty day moving average of $350.53 and a two-hundred day moving average of $324.32. The firm has a market capitalization of $19.37 billion, a PE ratio of 84.76 and a beta of 1.66.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.48 by $0.70. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion. Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%. The firm’s quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.24 EPS. As a group, research analysts expect that Zebra Technologies Co. will post 11.09 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on ZBRA shares. TD Cowen boosted their price target on Zebra Technologies from $375.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Needham & Company LLC boosted their price target on Zebra Technologies from $370.00 to $394.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Truist Financial upped their price objective on Zebra Technologies from $345.00 to $379.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. Vertical Research started coverage on Zebra Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $375.00 price objective for the company. Finally, Robert W. Baird upped their price objective on Zebra Technologies from $355.00 to $375.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $352.73.

Insider Activity

In other news, insider Jeffrey F. Schmitz sold 1,000 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $341.69, for a total value of $341,690.00. Following the completion of the sale, the insider now owns 9,694 shares in the company, valued at $3,312,342.86. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.04% of the company’s stock.

Zebra Technologies Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking, and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers that produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers that produce images, which are used for personal identification, access control, and financial transactions; radio frequency identification device (RFID) printers that encode data into passive RFID transponders; accessories and options for printers, including carrying cases, vehicle mounts, and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution.