California Public Employees Retirement System Buys 3,121 Shares of Zebra Technologies Corporation $ZBRA

California Public Employees Retirement System grew its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 3.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,492 shares of the industrial products company’s stock after acquiring an additional 3,121 shares during the quarter. California Public Employees Retirement System owned about 0.18% of Zebra Technologies worth $18,920,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in ZBRA. Assetmark Inc. boosted its holdings in Zebra Technologies by 18.2% in the first quarter. Assetmark Inc. now owns 41,375 shares of the industrial products company’s stock worth $8,651,000 after purchasing an additional 6,373 shares during the last quarter. Bessemer Group Inc. grew its position in Zebra Technologies by 20.4% in the 1st quarter. Bessemer Group Inc. now owns 2,050 shares of the industrial products company’s stock worth $429,000 after purchasing an additional 347 shares during the period. Hillsdale Investment Management Inc. raised its stake in Zebra Technologies by 17.4% during the 1st quarter. Hillsdale Investment Management Inc. now owns 4,055 shares of the industrial products company’s stock valued at $848,000 after buying an additional 600 shares during the last quarter. Calamos Wealth Management LLC purchased a new stake in Zebra Technologies during the 1st quarter valued at $9,053,000. Finally, Calamos Advisors LLC lifted its holdings in shares of Zebra Technologies by 7.2% during the 1st quarter. Calamos Advisors LLC now owns 44,488 shares of the industrial products company’s stock valued at $9,302,000 after buying an additional 2,982 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, insider Loizides Melissa Luff sold 500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total transaction of $126,975.00. Following the completion of the sale, the insider 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 transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Janice M. Roberts sold 3,000 shares of the company’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the sale, the director owned 6,183 shares of the company’s stock, valued at approximately $1,542,905.82. The trade was a 32.67% decrease in their position. The SEC filing for this sale provides additional information. 0.91% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group restated a “buy” rating on shares of Zebra Technologies in a research note on Wednesday, July 1st. KeyCorp upgraded Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 price objective for the company in a research report on Wednesday, May 13th. Weiss Ratings raised Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. Needham & Company LLC reissued a “buy” rating and issued a $345.00 target price on shares of Zebra Technologies in a research report on Wednesday, May 13th. Finally, Wall Street Zen upgraded Zebra Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, June 28th. Eight analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $327.00.

Zebra Technologies Trading Down 2.2%

Shares of Zebra Technologies stock opened at $256.95 on Friday. The company’s fifty day simple moving average is $251.23 and its 200-day simple moving average is $238.92. The stock has a market capitalization of $12.24 billion, a PE ratio of 31.07 and a beta of 1.60. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $352.66. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.96 and a quick ratio of 0.57.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.21 by $0.54. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.48 billion. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The company’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.02 EPS. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. As a group, equities analysts anticipate that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

About Zebra Technologies

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.