Zebra Technologies Co. (NASDAQ:ZBRA) Stock Holdings Increased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 334.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 682 shares of the industrial products company’s stock after purchasing an additional 525 shares during the period. Jones Financial Companies Lllp’s holdings in Zebra Technologies were worth $263,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in ZBRA. FMR LLC raised its holdings in shares of Zebra Technologies by 2,423.5% during the 3rd quarter. FMR LLC now owns 275,949 shares of the industrial products company’s stock valued at $102,189,000 after purchasing an additional 265,014 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Zebra Technologies by 11.0% during the third quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company’s stock valued at $335,905,000 after buying an additional 89,765 shares in the last quarter. Allianz Asset Management GmbH lifted its position in shares of Zebra Technologies by 111.0% in the fourth quarter. Allianz Asset Management GmbH now owns 164,224 shares of the industrial products company’s stock worth $63,427,000 after buying an additional 86,379 shares during the last quarter. State Street Corp boosted its stake in shares of Zebra Technologies by 3.4% during the 3rd quarter. State Street Corp now owns 2,149,839 shares of the industrial products company’s stock worth $796,128,000 after acquiring an additional 70,771 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Zebra Technologies by 47.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 210,650 shares of the industrial products company’s stock valued at $80,857,000 after acquiring an additional 67,742 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, Director Anders Gustafsson acquired 500 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average cost of $311.00 per share, for a total transaction of $155,500.00. Following the completion of the acquisition, the director now directly owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. This represents a 0.25 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.04% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Robert W. Baird reduced their price objective on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Barclays cut their target price on shares of Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Truist Financial lowered their price target on Zebra Technologies from $409.00 to $379.00 and set a “hold” rating on the stock in a research report on Friday, February 14th. UBS Group cut their price objective on Zebra Technologies from $445.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Finally, Needham & Company LLC lowered their target price on Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a report on Friday, February 14th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $381.42.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $279.18 on Thursday. The stock’s fifty day simple moving average is $358.37 and its 200 day simple moving average is $370.20. Zebra Technologies Co. has a one year low of $266.75 and a one year high of $427.76. The firm has a market cap of $14.34 billion, a price-to-earnings ratio of 27.42 and a beta of 1.68. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.43 and a quick ratio of 1.03.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Thursday, February 13th. The industrial products company reported $3.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.23). The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.31 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. On average, analysts expect that Zebra Technologies Co. will post 13.71 earnings per share for the current fiscal year.

About Zebra Technologies

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.