Zebra Technologies Corporation $ZBRA Holdings Increased by Renaissance Technologies LLC

Renaissance Technologies LLC grew its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 415.3% during the first quarter, Holdings Channel reports. The institutional investor owned 288,311 shares of the industrial products company’s stock after acquiring an additional 232,360 shares during the period. Renaissance Technologies LLC’s holdings in Zebra Technologies were worth $60,280,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership increased its stake in shares of Zebra Technologies by 111.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company’s stock valued at $104,671,000 after acquiring an additional 264,015 shares during the period. Caxton Associates LLP bought a new stake in Zebra Technologies during the first quarter worth approximately $2,350,000. Inceptionr LLC acquired a new stake in Zebra Technologies in the first quarter worth approximately $590,000. Sei Investments Co. lifted its position in Zebra Technologies by 51.4% in the first quarter. Sei Investments Co. now owns 87,477 shares of the industrial products company’s stock worth $18,290,000 after purchasing an additional 29,692 shares during the period. Finally, First Trust Advisors LP lifted its position in Zebra Technologies by 38.7% in the first quarter. First Trust Advisors LP now owns 81,839 shares of the industrial products company’s stock worth $17,111,000 after purchasing an additional 22,854 shares during the period. 91.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of several research analyst reports. BNP Paribas Exane lifted their price target on Zebra Technologies from $365.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Robert W. Baird upped their price objective on Zebra Technologies from $300.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Barclays raised their target price on Zebra Technologies from $345.00 to $346.00 and gave the company an “overweight” rating in a research note on Monday, June 22nd. Zacks Research lowered Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Finally, Truist Financial boosted their price target on shares of Zebra Technologies from $267.00 to $296.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Zebra Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $327.00.

Read Our Latest Stock Analysis on Zebra Technologies

Zebra Technologies Price Performance

ZBRA stock opened at $259.92 on Monday. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69. Zebra Technologies Corporation has a one year low of $199.05 and a one year high of $352.66. The firm has a market capitalization of $12.38 billion, a PE ratio of 31.43 and a beta of 1.60. The firm has a 50-day moving average of $251.24 and a two-hundred day moving average of $238.97.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last announced its earnings results on Tuesday, May 12th. The industrial products company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.21 by $0.54. Zebra Technologies had a net margin of 7.49% and a return on equity of 18.91%. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.48 billion. During the same period last year, the company posted $4.02 earnings per share. The business’s revenue for the quarter was up 14.3% on a year-over-year basis. Zebra Technologies has set its FY 2026 guidance at 18.300-18.700 EPS and its Q2 2026 guidance at 4.200-4.500 EPS. On average, analysts forecast that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Janice M. Roberts sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $249.54, for a total value of $748,620.00. Following the completion of the transaction, the director owned 6,183 shares of the company’s stock, valued at approximately $1,542,905.82. This trade represents a 32.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Loizides Melissa Luff sold 500 shares of Zebra Technologies stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total transaction of $126,975.00. Following the transaction, the insider owned 3,702 shares in the company, valued at approximately $940,122.90. The trade was a 11.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.91% of the company’s stock.

Zebra Technologies Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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