One Capital Management LLC Makes New Investment in Zebra Technologies Co. (NASDAQ:ZBRA)

One Capital Management LLC purchased a new position in Zebra Technologies Co. (NASDAQ:ZBRA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 844 shares of the industrial products company’s stock, valued at approximately $261,000.

A number of other institutional investors also recently bought and sold shares of ZBRA. Farmers & Merchants Investments Inc. lifted its stake in shares of Zebra Technologies by 185.3% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 97 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 63 shares during the last quarter. Transcendent Capital Group LLC acquired a new position in shares of Zebra Technologies during the second quarter valued at about $32,000. BOK Financial Private Wealth Inc. purchased a new position in Zebra Technologies in the 1st quarter worth $36,000. Massmutual Trust Co. FSB ADV grew its position in Zebra Technologies by 38.8% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 118 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 33 shares during the period. Finally, Webster Bank N. A. boosted its position in Zebra Technologies by 792.9% in the 2nd quarter. Webster Bank N. A. now owns 125 shares of the industrial products company’s stock worth $39,000 after purchasing an additional 111 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Analyst Ratings Changes

ZBRA has been the topic of a number of research analyst reports. Stephens lifted their price target on Zebra Technologies from $380.00 to $410.00 and gave the stock an “overweight” rating in a research note on Friday, August 2nd. Vertical Research began coverage on shares of Zebra Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $375.00 target price on the stock. Truist Financial reaffirmed a “hold” rating and issued a $345.00 price target (up from $315.00) on shares of Zebra Technologies in a report on Wednesday, July 31st. Needham & Company LLC lifted their target price on shares of Zebra Technologies from $370.00 to $394.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Finally, TD Cowen upped their price objective on Zebra Technologies from $375.00 to $380.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. One analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $349.64.

Zebra Technologies Price Performance

Zebra Technologies stock opened at $351.83 on Thursday. The firm has a fifty day moving average of $334.32 and a 200-day moving average of $313.21. The firm has a market capitalization of $18.15 billion, a P/E ratio of 69.81 and a beta of 1.65. The company has a quick ratio of 0.84, a current ratio of 1.28 and a debt-to-equity ratio of 0.63. Zebra Technologies Co. has a 52-week low of $194.59 and a 52-week high of $372.93.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.70. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion. Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%. Zebra Technologies’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the previous year, the company earned $3.24 earnings per share. As a group, analysts predict that Zebra Technologies Co. will post 11.12 EPS for the current year.

Insider Buying and Selling at Zebra Technologies

In related news, insider Jeffrey F. Schmitz sold 1,000 shares of Zebra Technologies stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $341.69, for a total transaction of $341,690.00. Following the sale, the insider now directly owns 9,694 shares in the company, valued at $3,312,342.86. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.06% of the stock is currently owned by company insiders.

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.