Zebra Technologies Co. (NASDAQ:ZBRA) Position Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 5.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 390,541 shares of the industrial products company’s stock after purchasing an additional 21,534 shares during the period. Dimensional Fund Advisors LP owned about 0.76% of Zebra Technologies worth $120,650,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Norden Group LLC acquired a new position in shares of Zebra Technologies during the first quarter valued at $2,108,000. SG Americas Securities LLC boosted its holdings in shares of Zebra Technologies by 105.5% during the first quarter. SG Americas Securities LLC now owns 15,300 shares of the industrial products company’s stock valued at $4,612,000 after acquiring an additional 7,853 shares during the period. Pinebridge Investments L.P. boosted its holdings in shares of Zebra Technologies by 72.0% during the fourth quarter. Pinebridge Investments L.P. now owns 21,569 shares of the industrial products company’s stock valued at $5,896,000 after acquiring an additional 9,032 shares during the period. Okabena Investment Services Inc. boosted its holdings in shares of Zebra Technologies by 6,195.6% during the fourth quarter. Okabena Investment Services Inc. now owns 2,833 shares of the industrial products company’s stock valued at $774,000 after acquiring an additional 2,788 shares during the period. Finally, Wealthcare Advisory Partners LLC acquired a new stake in Zebra Technologies in the first quarter worth about $1,272,000. Institutional investors own 91.03% of the company’s stock.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, insider Jeffrey F. Schmitz sold 1,000 shares of the stock in a transaction that occurred 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 transaction, the insider now owns 9,694 shares in the company, valued at $3,312,342.86. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.06% of the company’s stock.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $366.76 on Monday. The company has a 50 day simple moving average of $335.86 and a 200-day simple moving average of $314.48. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.28 and a quick ratio of 0.84. The firm has a market capitalization of $18.86 billion, a price-to-earnings ratio of 72.77 and a beta of 1.65. Zebra Technologies Co. has a 52-week low of $194.59 and a 52-week high of $372.93.

Zebra Technologies (NASDAQ:ZBRA) last issued 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 for the quarter, compared to analyst estimates of $1.18 billion. Zebra Technologies had a net margin of 5.28% and a return on equity of 11.77%. The company’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter last year, the firm earned $3.24 earnings per share. Equities research analysts predict that Zebra Technologies Co. will post 11.12 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ZBRA shares. Barclays upped their price objective on shares of Zebra Technologies from $314.00 to $347.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Robert W. Baird upped their price target on shares of Zebra Technologies from $355.00 to $375.00 and gave the company an “outperform” rating in a report on Wednesday, July 31st. BNP Paribas raised shares of Zebra Technologies from an “underperform” rating to a “neutral” rating and upped their price target for the company from $258.00 to $305.00 in a report on Thursday, June 13th. TD Cowen upped their price target on shares of Zebra Technologies from $375.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Finally, Redburn Atlantic raised shares of Zebra Technologies to a “strong-buy” rating in a report on Wednesday, July 31st. One analyst has rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Zebra Technologies has a consensus rating of “Moderate Buy” and an average target price of $349.64.

Zebra Technologies Company 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.