Zebra Technologies Corporation $ZBRA Shares Sold by Carnegie Investment Counsel

Carnegie Investment Counsel cut its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 34.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,126 shares of the industrial products company’s stock after selling 20,138 shares during the quarter. Carnegie Investment Counsel owned 0.07% of Zebra Technologies worth $11,330,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Rokos Capital Management LLP acquired a new position in shares of Zebra Technologies during the 2nd quarter worth about $21,037,000. JPMorgan Chase & Co. increased its stake in Zebra Technologies by 2.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,005,729 shares of the industrial products company’s stock worth $310,130,000 after buying an additional 27,620 shares in the last quarter. Amundi raised its holdings in shares of Zebra Technologies by 122.9% during the second quarter. Amundi now owns 273,225 shares of the industrial products company’s stock valued at $87,539,000 after acquiring an additional 150,643 shares during the last quarter. Symphony Financial Ltd. Co. purchased a new position in shares of Zebra Technologies in the second quarter valued at approximately $23,253,000. Finally, Fifth Third Bancorp boosted its stake in shares of Zebra Technologies by 31.9% in the second quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock worth $1,271,000 after acquiring an additional 996 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Insider Buying and Selling

In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average price of $233.12 per share, with a total value of $233,120.00. Following the purchase, the director directly owned 3,356 shares in the company, valued at approximately $782,350.72. This trade represents a 42.44% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.84% of the stock is owned by corporate insiders.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $246.27 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.19. The company has a market capitalization of $12.48 billion, a PE ratio of 24.83 and a beta of 1.67. The firm’s 50-day moving average is $260.98 and its two-hundred day moving average is $294.53. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76.

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

Analysts Set New Price Targets

ZBRA has been the topic of a number of research reports. Truist Financial decreased their price objective on Zebra Technologies from $331.00 to $291.00 and set a “hold” rating on the stock in a report on Thursday, December 18th. KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Barclays dropped their price objective on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Citigroup decreased 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 note on Wednesday, October 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $349.00.

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.