Norris Perne & French LLP MI Sells 3,442 Shares of Zebra Technologies Corporation $ZBRA

Norris Perne & French LLP MI decreased its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 5.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,378 shares of the industrial products company’s stock after selling 3,442 shares during the period. Norris Perne & French LLP MI’s holdings in Zebra Technologies were worth $17,050,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ZBRA. Alliancebernstein L.P. lifted its stake in Zebra Technologies by 1,310.3% during the second quarter. Alliancebernstein L.P. now owns 779,680 shares of the industrial products company’s stock worth $240,422,000 after purchasing an additional 724,396 shares during the last quarter. Norges Bank acquired a new position in shares of Zebra Technologies during the 2nd quarter worth $166,750,000. Alyeska Investment Group L.P. bought a new stake in shares of Zebra Technologies during the 1st quarter worth $99,995,000. Balyasny Asset Management L.P. boosted its stake in Zebra Technologies by 469.4% in the second quarter. Balyasny Asset Management L.P. now owns 401,839 shares of the industrial products company’s stock valued at $123,911,000 after buying an additional 331,263 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Zebra Technologies by 119.5% in the second quarter. AQR Capital Management LLC now owns 442,656 shares of the industrial products company’s stock valued at $136,498,000 after acquiring an additional 241,004 shares during the last quarter. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Price Performance

ZBRA stock opened at $246.27 on Monday. The company has a market capitalization of $12.48 billion, a P/E ratio of 24.83 and a beta of 1.67. The company has a fifty day moving average price of $260.98 and a 200-day moving average price of $294.50. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.61. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.13. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. Zebra Technologies’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS and its FY 2025 guidance at 15.800-15.800 EPS. As a group, equities analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Insider Buying and Selling at Zebra Technologies

In related news, Director Satish Dhanasekaran acquired 1,000 shares of the stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost of $233.12 per share, for a total transaction of $233,120.00. Following the completion of the transaction, the director directly owned 3,356 shares of the company’s stock, valued at $782,350.72. The trade was a 42.44% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.84% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Zacks Research cut shares of Zebra Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Truist Financial dropped their price objective on shares of Zebra Technologies from $331.00 to $291.00 and set a “hold” rating for the company in a research note on Thursday, December 18th. KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Barclays lowered their price target on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and an average price target of $349.00.

Zebra Technologies Company Profile

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.