Metis Global Partners LLC Sells 213 Shares of Zebra Technologies Corporation $ZBRA

Metis Global Partners LLC lowered its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 10.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,837 shares of the industrial products company’s stock after selling 213 shares during the period. Metis Global Partners LLC’s holdings in Zebra Technologies were worth $566,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in ZBRA. Allworth Financial LP raised its stake in Zebra Technologies by 29.7% during the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock worth $54,000 after buying an additional 44 shares during the period. Cerity Partners LLC increased its holdings in shares of Zebra Technologies by 34.5% during the first quarter. Cerity Partners LLC now owns 15,454 shares of the industrial products company’s stock valued at $4,367,000 after acquiring an additional 3,960 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Zebra Technologies by 2.9% during the first quarter. New York State Common Retirement Fund now owns 34,557 shares of the industrial products company’s stock worth $9,764,000 after purchasing an additional 978 shares during the period. Stephens Inc. AR lifted its holdings in shares of Zebra Technologies by 3.7% in the 1st quarter. Stephens Inc. AR now owns 2,004 shares of the industrial products company’s stock worth $566,000 after purchasing an additional 72 shares in the last quarter. Finally, CWM LLC grew its position in Zebra Technologies by 168.6% in the 1st quarter. CWM LLC now owns 4,830 shares of the industrial products company’s stock valued at $1,365,000 after purchasing an additional 3,032 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on ZBRA shares. Morgan Stanley upped their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Truist Financial decreased their target price on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Needham & Company LLC lifted their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $354.00.

Check Out Our Latest Stock Analysis on ZBRA

Zebra Technologies Price Performance

Zebra Technologies stock opened at $255.69 on Thursday. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company’s 50 day moving average price is $294.96 and its two-hundred day moving average price is $301.23. The stock has a market cap of $12.95 billion, a P/E ratio of 25.78 and a beta of 1.80. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the business posted $3.49 earnings per share. Zebra Technologies’s revenue was up 5.2% on a year-over-year basis. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, equities analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its Board of Directors has authorized a share buyback program on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Zebra Technologies Profile

(Free Report)

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.

Recommended Stories

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.