Zebra Technologies Co. (NASDAQ:ZBRA) Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its position in Zebra Technologies Co. (NASDAQ:ZBRA) by 44.5% during the 3rd quarter, Holdings Channel reports. The fund owned 167,125 shares of the industrial products company’s stock after acquiring an additional 51,488 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Zebra Technologies were worth $61,890,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ZBRA. BNP Paribas Financial Markets raised its holdings in Zebra Technologies by 95.8% in the first quarter. BNP Paribas Financial Markets now owns 71,336 shares of the industrial products company’s stock valued at $21,504,000 after acquiring an additional 34,909 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Zebra Technologies by 5.0% in the first quarter. Janney Montgomery Scott LLC now owns 28,261 shares of the industrial products company’s stock valued at $8,519,000 after acquiring an additional 1,334 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. raised its holdings in Zebra Technologies by 3.4% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,652 shares of the industrial products company’s stock valued at $498,000 after acquiring an additional 55 shares in the last quarter. Fidelis Capital Partners LLC acquired a new stake in Zebra Technologies in the first quarter valued at approximately $135,000. Finally, Daiwa Securities Group Inc. increased its stake in Zebra Technologies by 8.9% in the first quarter. Daiwa Securities Group Inc. now owns 5,088 shares of the industrial products company’s stock valued at $1,534,000 after purchasing an additional 414 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ZBRA. Robert W. Baird increased their price target on shares of Zebra Technologies from $380.00 to $415.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. TD Cowen increased their price target on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Truist Financial reiterated a “hold” rating and issued a $383.00 price target (up from $379.00) on shares of Zebra Technologies in a research note on Wednesday, October 30th. UBS Group increased their price target on shares of Zebra Technologies from $390.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Redburn Atlantic upgraded shares of Zebra Technologies to a “strong-buy” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $385.18.

Insider Activity at Zebra Technologies

In related news, insider Jeffrey F. Schmitz sold 1,000 shares of Zebra Technologies stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $341.69, for a total value of $341,690.00. Following the transaction, the insider now directly owns 9,694 shares in the company, valued at $3,312,342.86. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Zebra Technologies news, CFO Nathan Andrew Winters sold 1,837 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $381.73, for a total transaction of $701,238.01. Following the sale, the chief financial officer now directly owns 11,421 shares in the company, valued at approximately $4,359,738.33. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey F. Schmitz sold 1,000 shares of the business’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $341.69, for a total transaction of $341,690.00. Following the sale, the insider now owns 9,694 shares in the company, valued at $3,312,342.86. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.04% of the stock is currently owned by insiders.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $377.02 on Tuesday. The company has a current ratio of 1.37, a quick ratio of 0.96 and a debt-to-equity ratio of 0.61. The firm has a market cap of $19.45 billion, a PE ratio of 51.30 and a beta of 1.64. The company’s 50 day simple moving average is $359.87 and its 200-day simple moving average is $332.13. Zebra Technologies Co. has a 12-month low of $201.43 and a 12-month high of $394.57.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $0.57. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the firm posted $0.57 EPS. Zebra Technologies’s quarterly revenue was up 31.3% on a year-over-year basis. As a group, equities analysts predict that Zebra Technologies Co. will post 11.77 EPS for the current year.

Zebra Technologies 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.