Zebra Technologies Corporation $ZBRA Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 23.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 90,510 shares of the industrial products company’s stock after selling 27,323 shares during the period. Hsbc Holdings PLC’s holdings in Zebra Technologies were worth $22,005,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Brown Advisory Inc. raised its holdings in shares of Zebra Technologies by 2.1% in the second quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company’s stock worth $551,000 after buying an additional 36 shares during the last quarter. Empowered Funds LLC increased its position in shares of Zebra Technologies by 1.7% in the 4th quarter. Empowered Funds LLC now owns 2,385 shares of the industrial products company’s stock valued at $579,000 after acquiring an additional 40 shares during the period. New York Life Investment Management LLC increased its position in shares of Zebra Technologies by 0.6% in the 4th quarter. New York Life Investment Management LLC now owns 6,972 shares of the industrial products company’s stock valued at $1,693,000 after acquiring an additional 42 shares during the period. Gulf International Bank UK Ltd raised its stake in Zebra Technologies by 1.5% in the 4th quarter. Gulf International Bank UK Ltd now owns 2,789 shares of the industrial products company’s stock worth $677,000 after acquiring an additional 42 shares during the last quarter. Finally, M&T Bank Corp raised its stake in Zebra Technologies by 1.7% in the 4th quarter. M&T Bank Corp now owns 2,812 shares of the industrial products company’s stock worth $683,000 after acquiring an additional 47 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Needham & Company LLC reiterated a “buy” rating and set a $345.00 price target on shares of Zebra Technologies in a research note on Wednesday, May 13th. Truist Financial raised their price objective on Zebra Technologies from $267.00 to $296.00 and gave the stock a “hold” rating in a research note on Thursday, July 2nd. Robert W. Baird lifted their target price on Zebra Technologies from $300.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Northcoast Research dropped their target price on Zebra Technologies from $364.00 to $344.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Finally, Wall Street Zen upgraded shares of Zebra Technologies from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Eight research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Zebra Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $321.73.

Read Our Latest Research Report on Zebra Technologies

Zebra Technologies Stock Down 2.1%

Zebra Technologies stock opened at $264.65 on Wednesday. The firm has a market cap of $12.61 billion, a price-to-earnings ratio of 32.00 and a beta of 1.60. Zebra Technologies Corporation has a 52 week low of $199.05 and a 52 week high of $352.66. The business’s 50-day moving average price is $242.98 and its 200 day moving average price is $237.45. The company has a quick ratio of 0.57, a current ratio of 0.96 and a debt-to-equity ratio of 0.69.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The industrial products company reported $4.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.48 billion. During the same period in the previous year, the company posted $4.02 earnings per share. Zebra Technologies’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. As a group, sell-side analysts anticipate that Zebra Technologies Corporation will post 15.2 earnings per share for the current year.

Insiders Place Their Bets

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

About Zebra Technologies

(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.

See Also

Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Corporation (NASDAQ:ZBRAFree Report).

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

Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.