New York State Teachers Retirement System Sells 3,742 Shares of Zebra Technologies Corporation $ZBRA

New York State Teachers Retirement System lessened its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 9.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 37,629 shares of the industrial products company’s stock after selling 3,742 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of Zebra Technologies worth $7,867,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ZBRA. NewEdge Advisors LLC increased its position in shares of Zebra Technologies by 39.9% during the first quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company’s stock worth $372,000 after buying an additional 376 shares during the period. Caxton Associates LLP acquired a new position in Zebra Technologies in the first quarter valued at $317,000. Empowered Funds LLC boosted its position in Zebra Technologies by 7.2% during the first quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 97 shares during the last quarter. Brown Advisory Inc. grew its holdings in Zebra Technologies by 2.1% during the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after acquiring an additional 36 shares during the period. Finally, Cresset Asset Management LLC raised its position in shares of Zebra Technologies by 19.4% in the 2nd quarter. Cresset Asset Management LLC now owns 2,504 shares of the industrial products company’s stock worth $772,000 after acquiring an additional 407 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Down 2.6%

Shares of ZBRA stock traded down $7.03 on Tuesday, reaching $263.26. 81,976 shares of the company were exchanged, compared to its average volume of 875,347. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57. The company has a 50-day moving average of $242.24 and a 200-day moving average of $237.38. The company has a market cap of $12.54 billion, a price-to-earnings ratio of 31.88 and a beta of 1.60. Zebra Technologies Corporation has a one year low of $199.05 and a one year high of $352.66.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.54. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a return on equity of 18.91% and a net margin of 7.49%.The firm’s revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the prior year, the business 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. Analysts anticipate that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ZBRA. UBS Group reissued a “buy” rating on shares of Zebra Technologies in a research note on Wednesday, July 1st. Citigroup lifted their target price on Zebra Technologies from $274.00 to $284.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Zebra Technologies in a research note on Wednesday, May 20th. Barclays increased their price target on Zebra Technologies from $345.00 to $346.00 and gave the stock an “overweight” rating in a report on Monday, June 22nd. Finally, Robert W. Baird raised their price objective on shares of Zebra Technologies from $300.00 to $310.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $321.73.

Insider Buying and Selling

In other news, insider Loizides Melissa Luff sold 500 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total transaction of $126,975.00. Following the transaction, the insider directly owned 3,702 shares of the company’s stock, valued at $940,122.90. This represents a 11.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Janice M. Roberts sold 3,000 shares of the stock in a transaction 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 completion of the transaction, the director owned 6,183 shares in the company, valued at approximately $1,542,905.82. This represents a 32.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.91% of the stock is owned by corporate insiders.

About Zebra Technologies

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.