Zebra Technologies Co. (NASDAQ:ZBRA) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 44.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 167,125 shares of the industrial products company’s stock after acquiring an additional 51,488 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.32% of Zebra Technologies worth $61,890,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Zebra Technologies by 1.7% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,449,609 shares of the industrial products company’s stock valued at $447,828,000 after acquiring an additional 24,058 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Zebra Technologies by 44.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,373,792 shares of the industrial products company’s stock valued at $414,117,000 after acquiring an additional 425,207 shares during the period. Boston Partners lifted its stake in Zebra Technologies by 9.7% during the 1st quarter. Boston Partners now owns 1,108,819 shares of the industrial products company’s stock valued at $334,230,000 after acquiring an additional 98,045 shares during the period. Dimensional Fund Advisors LP lifted its stake in Zebra Technologies by 5.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 390,541 shares of the industrial products company’s stock valued at $120,650,000 after acquiring an additional 21,534 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in Zebra Technologies by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 346,939 shares of the industrial products company’s stock valued at $107,180,000 after acquiring an additional 7,117 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $377.02 on Tuesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37. The company has a fifty day moving average of $359.87 and a two-hundred day moving average of $332.13. The stock has a market capitalization of $19.45 billion, a PE ratio of 51.30 and a beta of 1.64. Zebra Technologies Co. has a fifty-two week low of $201.43 and a fifty-two week high of $394.57.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.92 by $0.57. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The company had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the prior year, the business posted $0.57 earnings per share. The firm’s revenue for the quarter was up 31.3% on a year-over-year basis. As a group, research analysts forecast that Zebra Technologies Co. will post 11.77 earnings per share for the current fiscal year.

Insider Transactions at Zebra Technologies

In other news, CFO Nathan Andrew Winters sold 1,837 shares of the company’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $381.73, for a total transaction of $701,238.01. Following the completion of the sale, the chief financial officer now owns 11,421 shares of the company’s stock, valued at $4,359,738.33. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Nathan Andrew Winters sold 1,837 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $381.73, for a total value of $701,238.01. Following the completion of the sale, the chief financial officer now owns 11,421 shares of the company’s stock, valued at approximately $4,359,738.33. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jeffrey F. Schmitz sold 1,000 shares of the company’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $341.69, for a total transaction of $341,690.00. Following the completion of the sale, the insider now directly owns 9,694 shares of the company’s stock, valued at $3,312,342.86. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.04% of the company’s stock.

Analyst Upgrades and Downgrades

ZBRA has been the subject of several analyst reports. Morgan Stanley boosted their target price on shares of Zebra Technologies from $290.00 to $305.00 and gave the company an “underweight” rating in a research note on Wednesday, October 30th. Vertical Research initiated coverage on shares of Zebra Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $375.00 target price for the company. UBS Group boosted their target price on shares of Zebra Technologies from $390.00 to $445.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Stephens boosted their target price on shares of Zebra Technologies from $380.00 to $410.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. Finally, TD Cowen boosted their target price on shares of Zebra Technologies from $380.00 to $425.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Zebra Technologies currently has an average rating of “Moderate Buy” and an average target price of $385.18.

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.