Sierra Summit Advisors LLC reduced its holdings in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM – Free Report) by 53.8% in the 4th quarter, Holdings Channel reports. The fund owned 29,111 shares of the company’s stock after selling 33,891 shares during the quarter. Sierra Summit Advisors LLC’s holdings in ZIM Integrated Shipping Services were worth $618,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of ZIM. Royal Bank of Canada increased its holdings in shares of ZIM Integrated Shipping Services by 8.2% in the first quarter. Royal Bank of Canada now owns 40,827 shares of the company’s stock worth $596,000 after acquiring an additional 3,102 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of ZIM Integrated Shipping Services during the first quarter worth $210,000. Goldman Sachs Group Inc. lifted its position in ZIM Integrated Shipping Services by 20.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,720,986 shares of the company’s stock valued at $68,879,000 after acquiring an additional 788,514 shares in the last quarter. Geode Capital Management LLC lifted its position in ZIM Integrated Shipping Services by 5.6% in the 2nd quarter. Geode Capital Management LLC now owns 119,218 shares of the company’s stock valued at $1,915,000 after acquiring an additional 6,342 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in ZIM Integrated Shipping Services by 505.1% in the 2nd quarter. Russell Investments Group Ltd. now owns 76,738 shares of the company’s stock valued at $1,236,000 after acquiring an additional 64,057 shares in the last quarter. 21.42% of the stock is currently owned by institutional investors.
Key ZIM Integrated Shipping Services News
Here are the key news stories impacting ZIM Integrated Shipping Services this week:
- Positive Sentiment: Reports of a higher all-cash bid for ZIM have introduced the possibility of a better takeover valuation, which could support the stock if a competitive deal process develops. Higher Cash Bid Puts ZIM Deal Terms And Valuation In Focus
- Positive Sentiment: Some commentary suggests geopolitical supply disruptions could lift freight pricing and expand margins for shipping operators, which would be favorable for ZIM if sustained. Freight Boom: The Hormuz Blockade Payday (ZIM)
- Neutral Sentiment: ZIM also released its full first-quarter 2026 results and press materials, confirming the earnings update and management’s reported operating figures. ZIM Reports Financial Results for the First Quarter of 2026
- Negative Sentiment: ZIM reported a first-quarter loss of $86 million, a sharp reversal from a profit a year earlier, and missed analyst expectations on both EPS and revenue. ZIM Incurs Wider-Than-Expected Q1 Loss, Misses on Revenues
- Negative Sentiment: The revenue shortfall was tied to weaker freight rates and lower shipping volumes, reinforcing concerns about pricing pressure in the container shipping market. ZIM Incurs Wider-Than-Expected Q1 Loss, Misses on Revenues
ZIM Integrated Shipping Services Stock Performance
ZIM Integrated Shipping Services (NYSE:ZIM – Get Free Report) last announced its earnings results on Wednesday, May 20th. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.50). ZIM Integrated Shipping Services had a negative return on equity of 0.26% and a net margin of 1.56%.The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.48 billion. Research analysts forecast that ZIM Integrated Shipping Services Ltd. will post -7.24 EPS for the current fiscal year.
ZIM Integrated Shipping Services Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 20th were issued a dividend of $0.88 per share. The ex-dividend date was Friday, March 20th. This is a positive change from ZIM Integrated Shipping Services’s previous quarterly dividend of $0.31. This represents a $3.52 annualized dividend and a yield of 14.0%. ZIM Integrated Shipping Services’s dividend payout ratio is currently 1.51%.
Analyst Ratings Changes
Several equities research analysts recently commented on the stock. Weiss Ratings cut shares of ZIM Integrated Shipping Services from a “buy (b-)” rating to a “hold (c-)” rating in a research report on Tuesday, March 10th. Barclays boosted their price objective on shares of ZIM Integrated Shipping Services from $13.70 to $15.80 and gave the company an “underweight” rating in a research report on Monday, March 16th. Fearnley Fonds raised ZIM Integrated Shipping Services from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Finally, Citigroup raised ZIM Integrated Shipping Services from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $11.50 to $31.80 in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $17.83.
Get Our Latest Analysis on ZIM Integrated Shipping Services
ZIM Integrated Shipping Services Company Profile
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is a global container shipping company specializing in the transportation of dry cargo, refrigerated goods and special project cargo. The company operates a modern fleet of container vessels that call at major ports worldwide, offering scheduled liner services and tailored logistics solutions to exporters, importers and freight forwarders.
Founded in 1945 in Haifa, Israel, ZIM has grown from a regional carrier into a worldwide operator through a series of strategic partnerships, fleet expansions and network enhancements.
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