Zebra Technologies Corporation $ZBRA Shares Bought by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. raised its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 469.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 401,839 shares of the industrial products company’s stock after purchasing an additional 331,263 shares during the period. Balyasny Asset Management L.P. owned about 0.79% of Zebra Technologies worth $123,911,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE grew its stake in Zebra Technologies by 42.0% in the 2nd quarter. Bank of America Corp DE now owns 471,016 shares of the industrial products company’s stock valued at $145,242,000 after acquiring an additional 139,352 shares during the period. AQR Capital Management LLC grew its position in shares of Zebra Technologies by 119.5% in the second quarter. AQR Capital Management LLC now owns 442,656 shares of the industrial products company’s stock valued at $136,498,000 after purchasing an additional 241,004 shares during the period. Lighthouse Investment Partners LLC purchased a new stake in shares of Zebra Technologies during the second quarter worth about $2,467,000. California State Teachers Retirement System raised its position in shares of Zebra Technologies by 9.3% during the 2nd quarter. California State Teachers Retirement System now owns 85,734 shares of the industrial products company’s stock worth $26,437,000 after purchasing an additional 7,301 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in Zebra Technologies by 60.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 77,107 shares of the industrial products company’s stock valued at $23,777,000 after buying an additional 28,934 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Zebra Technologies news, Director Satish Dhanasekaran bought 1,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was bought at an average price of $233.12 per share, with a total value of $233,120.00. Following the completion of the purchase, the director directly 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 Securities & Exchange Commission, which is available at this link. Insiders own 0.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Barclays reduced their price objective on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a research note on Thursday, October 30th. Citigroup reduced their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Finally, Zacks Research lowered shares of Zebra Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $354.00.

Zebra Technologies Trading Down 1.9%

Shares of ZBRA stock opened at $268.39 on Friday. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The stock has a market cap of $13.60 billion, a price-to-earnings ratio of 27.06 and a beta of 1.67. The company’s 50-day moving average price is $269.29 and its 200-day moving average price is $297.33. The company has a current ratio of 1.61, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.75 by $0.13. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. Zebra Technologies’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.49 earnings per share. 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. As a group, equities analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

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.