Ariel Investments LLC Acquires 113,017 Shares of Zebra Technologies Corporation $ZBRA

Ariel Investments LLC boosted its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 50.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 339,069 shares of the industrial products company’s stock after buying an additional 113,017 shares during the quarter. Ariel Investments LLC owned about 0.67% of Zebra Technologies worth $104,555,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZBRA. Charles Schwab Investment Management Inc. lifted its stake in shares of Zebra Technologies by 1.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 313,340 shares of the industrial products company’s stock worth $88,537,000 after buying an additional 5,451 shares during the last quarter. Chicago Partners Investment Group LLC bought a new stake in shares of Zebra Technologies during the 1st quarter worth $209,000. Citigroup Inc. grew its stake in Zebra Technologies by 41.2% in the 1st quarter. Citigroup Inc. now owns 82,022 shares of the industrial products company’s stock valued at $23,176,000 after buying an additional 23,943 shares during the last quarter. National Bank of Canada FI raised its holdings in Zebra Technologies by 60.5% in the 1st quarter. National Bank of Canada FI now owns 38,821 shares of the industrial products company’s stock worth $10,969,000 after acquiring an additional 14,639 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in Zebra Technologies during the 1st quarter worth $27,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on ZBRA. Barclays lowered their price target on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Truist Financial cut their price target on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a report on Wednesday, October 29th. KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Finally, Citigroup dropped their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $354.00.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $265.24 on Wednesday. The firm has a market capitalization of $13.44 billion, a PE ratio of 26.74 and a beta of 1.67. The company has a quick ratio of 1.19, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The firm has a 50-day moving average price of $270.88 and a 200 day moving average price of $297.79.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.13. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.32 billion. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.The company’s revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.49 EPS. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS and its FY 2025 guidance at 15.800-15.800 EPS. Research analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Insider Transactions at Zebra Technologies

In related news, Director Satish Dhanasekaran acquired 1,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was bought at an average cost of $233.12 per share, with a total value of $233,120.00. Following the completion of the acquisition, the director owned 3,356 shares in the company, valued at $782,350.72. The trade was a 42.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.84% of the stock is owned by corporate insiders.

Zebra Technologies Company 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.