Xponance Inc. Acquires 58 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Xponance Inc. lifted its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 0.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,305 shares of the industrial products company’s stock after buying an additional 58 shares during the quarter. Xponance Inc.’s holdings in Zebra Technologies were worth $2,566,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ZBRA. Massmutual Trust Co. FSB ADV increased its stake in shares of Zebra Technologies by 38.8% during the second quarter. Massmutual Trust Co. FSB ADV now owns 118 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 33 shares in the last quarter. Fifth Third Bancorp increased its position in Zebra Technologies by 1.2% during the 2nd quarter. Fifth Third Bancorp now owns 3,038 shares of the industrial products company’s stock valued at $939,000 after buying an additional 36 shares in the last quarter. Signaturefd LLC raised its stake in Zebra Technologies by 8.0% during the second quarter. Signaturefd LLC now owns 512 shares of the industrial products company’s stock valued at $158,000 after buying an additional 38 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its holdings in Zebra Technologies by 15.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 292 shares of the industrial products company’s stock worth $90,000 after acquiring an additional 38 shares in the last quarter. Finally, Czech National Bank grew its stake in shares of Zebra Technologies by 0.5% in the first quarter. Czech National Bank now owns 9,036 shares of the industrial products company’s stock worth $2,724,000 after acquiring an additional 41 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Performance

ZBRA opened at $371.24 on Friday. The company’s 50 day moving average is $337.91 and its 200 day moving average is $315.92. The company has a current ratio of 1.28, a quick ratio of 0.84 and a debt-to-equity ratio of 0.63. The company has a market cap of $19.15 billion, a price-to-earnings ratio of 73.66 and a beta of 1.65. Zebra Technologies Co. has a 12-month low of $194.59 and a 12-month high of $375.88.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.70. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Zebra Technologies had a net margin of 5.28% and a return on equity of 11.77%. The company’s revenue was up .2% compared to the same quarter last year. During the same quarter last year, the company posted $3.24 EPS. On average, equities research analysts predict that Zebra Technologies Co. will post 11.12 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Truist Financial reiterated a “hold” rating and issued a $345.00 price target (up previously from $315.00) on shares of Zebra Technologies in a research note on Wednesday, July 31st. Barclays upped their price objective on Zebra Technologies from $314.00 to $347.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Robert W. Baird lifted their target price on Zebra Technologies from $355.00 to $375.00 and gave the stock an “outperform” rating in a report on Wednesday, July 31st. BNP Paribas raised Zebra Technologies from an “underperform” rating to a “neutral” rating and upped their price target for the company from $258.00 to $305.00 in a report on Thursday, June 13th. Finally, Stephens boosted their target price on Zebra Technologies from $380.00 to $410.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $349.64.

Insider Buying and Selling at Zebra Technologies

In other news, insider Jeffrey F. Schmitz sold 1,000 shares of the firm’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $341.69, for a total value of $341,690.00. Following the transaction, the insider now owns 9,694 shares of the company’s stock, valued at $3,312,342.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.06% of the stock is currently owned by corporate insiders.

About Zebra Technologies

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.