Zebra Technologies Co. (NASDAQ:ZBRA) Shares Acquired by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. boosted its holdings in Zebra Technologies Co. (NASDAQ:ZBRA) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,458 shares of the industrial products company’s stock after purchasing an additional 1,198 shares during the quarter. Mcdaniel Terry & Co. owned approximately 0.09% of Zebra Technologies worth $17,575,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cascade Investment Advisors Inc. lifted its stake in Zebra Technologies by 0.7% in the third quarter. Cascade Investment Advisors Inc. now owns 4,387 shares of the industrial products company’s stock valued at $1,625,000 after buying an additional 30 shares during the last quarter. Private Advisor Group LLC lifted its stake in Zebra Technologies by 1.4% in the third quarter. Private Advisor Group LLC now owns 2,218 shares of the industrial products company’s stock valued at $821,000 after buying an additional 31 shares during the last quarter. Massmutual Trust Co. FSB ADV lifted its stake in Zebra Technologies by 38.8% in the second quarter. Massmutual Trust Co. FSB ADV now owns 118 shares of the industrial products company’s stock valued at $36,000 after buying an additional 33 shares during the last quarter. Fifth Third Bancorp lifted its stake in Zebra Technologies by 1.2% in the second 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 during the last quarter. Finally, Signaturefd LLC lifted its stake in Zebra Technologies by 8.0% in 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. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Trading Down 1.6 %

Shares of ZBRA opened at $362.05 on Friday. The business’s 50-day moving average price is $355.60 and its 200 day moving average price is $327.28. The stock has a market capitalization of $18.67 billion, a P/E ratio of 81.73 and a beta of 1.66. Zebra Technologies Co. has a 1-year low of $194.59 and a 1-year high of $380.05. The company has a current ratio of 1.28, a quick ratio of 0.84 and a debt-to-equity ratio of 0.63.

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 analysts’ consensus estimates of $2.48 by $0.70. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Zebra Technologies had a return on equity of 11.77% and a net margin of 5.28%. Zebra Technologies’s revenue was up .2% on a year-over-year basis. During the same quarter last year, the business posted $3.24 EPS. Analysts expect that Zebra Technologies Co. will post 11.09 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Jeffrey F. Schmitz sold 1,000 shares of Zebra Technologies 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 approximately $3,312,342.86. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.06% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on ZBRA shares. Barclays lifted their price objective on shares of Zebra Technologies from $314.00 to $347.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Robert W. Baird lifted their price objective on shares of Zebra Technologies from $355.00 to $375.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Needham & Company LLC lifted their price objective on shares of Zebra Technologies from $370.00 to $394.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. Vertical Research started coverage on shares of Zebra Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $375.00 price objective on the stock. Finally, Truist Financial lifted their price objective on shares of Zebra Technologies from $345.00 to $379.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $352.73.

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.