SG Capital Management LLC Trims Stake in Zebra Technologies Corporation $ZBRA

SG Capital Management LLC lessened its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 48.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,487 shares of the industrial products company’s stock after selling 33,583 shares during the quarter. SG Capital Management LLC owned approximately 0.07% of Zebra Technologies worth $10,545,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in ZBRA. Fenimore Asset Management Inc grew its stake in shares of Zebra Technologies by 0.6% in the third quarter. Fenimore Asset Management Inc now owns 353,914 shares of the industrial products company’s stock worth $105,169,000 after acquiring an additional 2,281 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Zebra Technologies by 19.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 378,980 shares of the industrial products company’s stock worth $112,618,000 after purchasing an additional 62,046 shares in the last quarter. Atlantic Union Bankshares Corp grew its position in Zebra Technologies by 43,654.5% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 4,813 shares of the industrial products company’s stock valued at $1,430,000 after purchasing an additional 4,802 shares during the last quarter. Nordea Investment Management AB increased its stake in Zebra Technologies by 1,826.5% during the 3rd quarter. Nordea Investment Management AB now owns 997,495 shares of the industrial products company’s stock valued at $292,705,000 after purchasing an additional 945,718 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Zebra Technologies by 3.8% in the third quarter. Envestnet Asset Management Inc. now owns 251,378 shares of the industrial products company’s stock worth $74,700,000 after buying an additional 9,272 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on ZBRA. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, January 21st. Zacks Research raised Zebra Technologies from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. Morgan Stanley set a $323.00 price target on Zebra Technologies in a report on Thursday, February 12th. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Finally, Truist Financial decreased their target price on Zebra Technologies from $331.00 to $291.00 and set a “hold” rating for the company in a research report on Thursday, December 18th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $339.25.

Zebra Technologies Stock Performance

ZBRA stock opened at $252.52 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.58. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $352.66. The company has a market cap of $12.79 billion, a P/E ratio of 30.91 and a beta of 1.69. The stock’s fifty day moving average price is $251.25 and its 200-day moving average price is $276.93.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Thursday, February 12th. The industrial products company reported $4.33 earnings per share for the quarter, missing analysts’ consensus estimates of $4.34 by ($0.01). The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.47 billion. Zebra Technologies had a net margin of 7.76% and a return on equity of 18.09%. The firm’s revenue was up 10.6% compared to the same quarter last year. During the same period in the prior year, the company posted $4.00 EPS. Zebra Technologies has set its Q1 2026 guidance at 4.050-4.350 EPS and its FY 2026 guidance at 17.700-18.300 EPS. On average, equities analysts forecast that Zebra Technologies Corporation will post 13.71 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.