Citigroup Inc. Sells 3,547 Shares of Zebra Technologies Corporation $ZBRA

Citigroup Inc. decreased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 6.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,116 shares of the industrial products company’s stock after selling 3,547 shares during the period. Citigroup Inc. owned about 0.11% of Zebra Technologies worth $16,378,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Fenimore Asset Management Inc raised its stake in shares of Zebra Technologies by 0.6% during the 3rd quarter. Fenimore Asset Management Inc now owns 353,914 shares of the industrial products company’s stock worth $105,169,000 after purchasing an additional 2,281 shares during the period. Bank of New York Mellon Corp increased its holdings in Zebra Technologies by 19.6% during the third quarter. Bank of New York Mellon Corp now owns 378,980 shares of the industrial products company’s stock worth $112,618,000 after buying an additional 62,046 shares during the last quarter. Atlantic Union Bankshares Corp raised its position in Zebra Technologies by 43,654.5% in the third quarter. Atlantic Union Bankshares Corp now owns 4,813 shares of the industrial products company’s stock worth $1,430,000 after acquiring an additional 4,802 shares during the period. Nordea Investment Management AB boosted its stake in Zebra Technologies by 1,826.5% in the third quarter. Nordea Investment Management AB now owns 997,495 shares of the industrial products company’s stock valued at $292,705,000 after acquiring an additional 945,718 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Zebra Technologies by 3.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 251,378 shares of the industrial products company’s stock valued at $74,700,000 after acquiring an additional 9,272 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, January 21st. Morgan Stanley set a $323.00 target price on Zebra Technologies in a research note on Thursday, February 12th. Zacks Research upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Citigroup boosted their price objective on Zebra Technologies from $311.00 to $315.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Finally, Barclays cut their target price on shares of Zebra Technologies from $351.00 to $330.00 and set an “overweight” rating for the company in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $339.25.

Zebra Technologies Stock Down 4.7%

Shares of NASDAQ:ZBRA opened at $223.96 on Friday. The firm has a fifty day moving average price of $248.15 and a two-hundred day moving average price of $273.44. The company has a market cap of $11.02 billion, a price-to-earnings ratio of 27.41 and a beta of 1.69. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.58. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $352.66.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Thursday, February 12th. The industrial products company reported $4.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.34 by ($0.01). The business had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.47 billion. Zebra Technologies had a return on equity of 18.09% and a net margin of 7.76%.During the same quarter last year, the business posted $4.00 EPS. The company’s quarterly revenue was up 10.6% on a year-over-year basis. Zebra Technologies has set its Q1 2026 guidance at 4.050-4.350 EPS and its FY 2026 guidance at 17.700-18.300 EPS. Analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

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.