Axa S.A. Raises Stock Position in Zebra Technologies Co. (NASDAQ:ZBRA)

AXA S.A. boosted its stake in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 1.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 292,486 shares of the industrial products company's stock after buying an additional 4,120 shares during the period. AXA S.A. owned 0.57% of Zebra Technologies worth $112,964,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Barclays PLC grew its stake in Zebra Technologies by 2.4% in the third quarter. Barclays PLC now owns 113,177 shares of the industrial products company's stock worth $41,910,000 after purchasing an additional 2,617 shares during the period. Virtu Financial LLC bought a new stake in shares of Zebra Technologies during the 3rd quarter valued at $269,000. Anchor Investment Management LLC grew its position in shares of Zebra Technologies by 390.0% in the 3rd quarter. Anchor Investment Management LLC now owns 294 shares of the industrial products company's stock worth $109,000 after buying an additional 234 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Zebra Technologies in the 3rd quarter worth about $92,000. Finally, Tidal Investments LLC boosted its stake in Zebra Technologies by 12.0% during the third quarter. Tidal Investments LLC now owns 1,860 shares of the industrial products company's stock worth $689,000 after acquiring an additional 200 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Stock Performance

Shares of ZBRA traded up $8.71 during trading hours on Thursday, reaching $265.99. 211,654 shares of the company traded hands, compared to its average volume of 442,636. Zebra Technologies Co. has a 12-month low of $205.73 and a 12-month high of $427.76. The stock has a market capitalization of $13.67 billion, a P/E ratio of 26.13 and a beta of 1.74. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 0.58. The business has a fifty day moving average price of $259.78 and a 200-day moving average price of $340.40.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Tuesday, April 29th. The industrial products company reported $4.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.60 by $0.42. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The firm's quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.84 earnings per share. Equities analysts anticipate that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Insider Activity

In other news, Director Anders Gustafsson acquired 500 shares of the business's stock in a transaction on Monday, February 24th. The stock was bought at an average price of $311.00 per share, with a total value of $155,500.00. Following the completion of the acquisition, the director now owns 202,176 shares of the company's stock, valued at approximately $62,876,736. This represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.84% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on ZBRA. Citigroup cut their price objective on shares of Zebra Technologies from $371.00 to $250.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Robert W. Baird raised their price objective on shares of Zebra Technologies from $286.00 to $290.00 and gave the stock an "outperform" rating in a report on Wednesday, April 30th. Barclays lowered their target price on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 30th. UBS Group reduced their price objective on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Finally, Truist Financial lowered their target price on shares of Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a report on Tuesday, April 8th. Six research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Zebra Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $321.73.

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.