Plato Investment Management Ltd bought a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,198 shares of the industrial products company’s stock, valued at approximately $575,000.
Other institutional investors also recently made changes to their positions in the company. Brown Advisory Inc. lifted its holdings in shares of Zebra Technologies by 2.1% in the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after purchasing an additional 36 shares during the last quarter. Fulton Bank N.A. boosted its position in Zebra Technologies by 2.3% during the 2nd quarter. Fulton Bank N.A. now owns 1,720 shares of the industrial products company’s stock valued at $453,000 after purchasing an additional 38 shares during the period. Empowered Funds LLC grew its stake in Zebra Technologies by 1.7% during the 4th quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock worth $579,000 after buying an additional 40 shares during the last quarter. New York Life Investment Management LLC grew its stake in Zebra Technologies by 0.6% during the 4th quarter. New York Life Investment Management LLC now owns 6,972 shares of the industrial products company’s stock worth $1,693,000 after buying an additional 42 shares during the last quarter. Finally, Gulf International Bank UK Ltd increased its position in Zebra Technologies by 1.5% in the fourth quarter. Gulf International Bank UK Ltd now owns 2,789 shares of the industrial products company’s stock worth $677,000 after buying an additional 42 shares during the period. 91.03% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Zebra Technologies news, Director Linda Connly sold 500 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the completion of the sale, the director directly owned 3,708 shares in the company, valued at $1,400,437.44. This represents a 11.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Loizides Melissa Luff sold 500 shares of the stock in a transaction on 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 directly owned 3,702 shares of the company’s stock, valued at approximately $940,122.90. The trade was a 11.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 4,500 shares of company stock valued at $1,629,015 over the last quarter. Corporate insiders own 0.91% of the company’s stock.
Zebra Technologies Stock Performance
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period in the prior year, the business posted $3.61 EPS. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. On average, sell-side analysts anticipate that Zebra Technologies Corporation will post 17.22 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on ZBRA shares. BNP Paribas Exane reiterated an “outperform” rating and issued a $455.00 target price (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. Wall Street Zen raised shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. KeyCorp increased their price objective on shares of Zebra Technologies from $305.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Barclays lifted their price objective on shares of Zebra Technologies from $346.00 to $410.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, Truist Financial boosted their target price on shares of Zebra Technologies from $296.00 to $355.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and a consensus target price of $381.00.
Check Out Our Latest Report on Zebra Technologies
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.
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