Zebra Technologies Corporation $ZBRA Holdings Cut by Bank of Nova Scotia

Bank of Nova Scotia lowered its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 42.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 6,508 shares of the industrial products company’s stock after selling 4,872 shares during the period. Bank of Nova Scotia’s holdings in Zebra Technologies were worth $1,361,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ZBRA. Alliancebernstein L.P. increased its stake in shares of Zebra Technologies by 1,310.3% in the second quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company’s stock worth $240,422,000 after acquiring an additional 724,396 shares during the last quarter. Norges Bank purchased a new stake in shares of Zebra Technologies during the fourth quarter worth $134,505,000. Focus Partners Wealth boosted its position in Zebra Technologies by 2,635.4% during the fourth quarter. Focus Partners Wealth now owns 543,473 shares of the industrial products company’s stock valued at $132,575,000 after purchasing an additional 523,605 shares during the last quarter. Invesco Ltd. boosted its position in Zebra Technologies by 30.1% during the fourth quarter. Invesco Ltd. now owns 1,801,516 shares of the industrial products company’s stock valued at $437,444,000 after purchasing an additional 416,568 shares during the last quarter. Finally, Swedbank AB grew its stake in Zebra Technologies by 958.0% in the first quarter. Swedbank AB now owns 417,898 shares of the industrial products company’s stock valued at $87,374,000 after purchasing an additional 378,400 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Trading Down 0.5%

Shares of NASDAQ:ZBRA opened at $282.98 on Thursday. The company has a current ratio of 0.96, a quick ratio of 0.57 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $13.48 billion, a PE ratio of 34.22 and a beta of 1.60. Zebra Technologies Corporation has a 1 year low of $199.05 and a 1 year high of $352.66. The firm has a fifty day moving average price of $252.86 and a 200 day moving average price of $239.48.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share for the quarter, beating the consensus estimate of $4.21 by $0.54. Zebra Technologies had a return on equity of 18.91% and a net margin of 7.49%.The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. During the same period last year, the company earned $4.02 earnings per share. The business’s revenue was up 14.3% compared to the same quarter last year. 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. Analysts expect that Zebra Technologies Corporation will post 15.2 EPS for the current fiscal year.

Insider Transactions at Zebra Technologies

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

Analyst Upgrades and Downgrades

ZBRA has been the topic of several research reports. KeyCorp raised Zebra Technologies from a “sector weight” rating to an “overweight” rating and set a $305.00 target price on the stock in a research report on Wednesday, May 13th. Zacks Research lowered Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Citigroup boosted their price target on Zebra Technologies from $284.00 to $306.00 and gave the company a “neutral” rating in a research note on Monday, July 13th. UBS Group restated a “buy” rating on shares of Zebra Technologies in a report on Wednesday, July 1st. Finally, BNP Paribas Exane raised their price objective on shares of Zebra Technologies from $365.00 to $370.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $327.00.

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.