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42,266 Shares in ZIM Integrated Shipping Services Ltd. $ZIM Bought by B. Riley Wealth Advisors Inc.

ZIM Integrated Shipping Services logo with Industrials background
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Key Points

  • B. Riley Wealth Advisors purchased 42,266 ZIM shares worth approximately $1.24 million in the third quarter. Institutional investors collectively own 21.42% of the company.
  • Analyst sentiment remains mixed: Zacks upgraded ZIM to “Strong Buy,” while JPMorgan maintained an “Underweight” rating. The stock has an average rating of “Hold” and a consensus price target of $22.42.
  • ZIM shares opened at $29.52, near their 12-month high of $30.98, despite the company’s latest quarterly EPS of $0.64 falling short of the $0.80 analyst consensus.
  • MarketBeat previews the top five stocks to own by November 1st.

B. Riley Wealth Advisors Inc. bought a new position in ZIM Integrated Shipping Services Ltd. (NYSE:ZIM - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 42,266 shares of the company's stock, valued at approximately $1,239,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Pin Oak Investment Advisors Inc. purchased a new stake in ZIM Integrated Shipping Services during the 2nd quarter valued at $26,000. Pinnacle Holdings LLC bought a new position in shares of ZIM Integrated Shipping Services during the 2nd quarter valued at $42,000. Assetmark Inc. purchased a new position in shares of ZIM Integrated Shipping Services in the 1st quarter worth $59,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of ZIM Integrated Shipping Services by 176.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 5,743 shares of the company's stock worth $122,000 after buying an additional 3,662 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of ZIM Integrated Shipping Services in the 1st quarter worth $201,000. Hedge funds and other institutional investors own 21.42% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on ZIM shares. Weiss Ratings raised ZIM Integrated Shipping Services from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, October 8th. Zacks Research raised ZIM Integrated Shipping Services from a "hold" rating to a "strong-buy" rating in a report on Tuesday. JPMorgan Chase & Co. increased their target price on ZIM Integrated Shipping Services from $16.50 to $22.00 and gave the company an "underweight" rating in a report on Monday. Finally, Barclays set a $30.00 target price on ZIM Integrated Shipping Services and gave the stock an "equal weight" rating in a research report on Monday, September 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $22.42.

Get Our Latest Stock Report on ZIM Integrated Shipping Services

Insider Transactions at ZIM Integrated Shipping Services

In other news, EVP Nissim Yochai sold 7,535 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $28.83, for a total value of $217,234.05. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Assaf Tiran sold 4,727 shares of ZIM Integrated Shipping Services stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $29.51, for a total value of $139,493.77. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 320,122 shares of company stock valued at $9,114,905. Company insiders own 1.30% of the company's stock.

Key ZIM Integrated Shipping Services News

Here are the key news stories impacting ZIM Integrated Shipping Services this week:

  • Positive Sentiment: Zacks upgraded ZIM to “Strong Buy” from “Hold,” which may improve investor sentiment and increase demand for the shares. Zacks upgrade report
  • Positive Sentiment: ZIM was added to Zacks’ Rank #1 (Strong Buy) value-stock list, reflecting a combination of valuation and earnings-related factors that could attract value-focused investors. Zacks value stocks report
  • Positive Sentiment: Several screens identified ZIM as a strong-momentum stock trading at a reasonable valuation. The stock also recently reached a new 12-month high following an analyst upgrade, reinforcing its positive technical trend. ZIM momentum and valuation report ZIM 12-month high report
  • Neutral Sentiment: ZIM scheduled its annual general meeting for December 1, 2026, where shareholders will vote on the board and auditor. The announcement is a routine governance update with limited immediate earnings impact. ZIM annual meeting announcement
  • Negative Sentiment: ZIM recently underperformed the broader market during a declining session. The pullback may reflect short-term profit-taking after the stock’s strong run, although momentum-focused coverage remains favorable. ZIM market-performance report

ZIM Integrated Shipping Services Stock Down 1.1%

ZIM opened at $29.52 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.15 and a debt-to-equity ratio of 1.09. ZIM Integrated Shipping Services Ltd. has a 1-year low of $13.19 and a 1-year high of $30.98. The company has a market capitalization of $3.56 billion, a PE ratio of 25.67 and a beta of 1.22. The firm's 50 day simple moving average is $28.72 and its two-hundred day simple moving average is $26.65.

ZIM Integrated Shipping Services (NYSE:ZIM - Get Free Report) last issued its quarterly earnings data on Thursday, August 20th. The company reported $0.64 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.80 by ($0.16). The business had revenue of $1.78 billion for the quarter, compared to the consensus estimate of $1.79 billion. ZIM Integrated Shipping Services had a net margin of 2.15% and a return on equity of 1.11%. As a group, equities analysts forecast that ZIM Integrated Shipping Services Ltd. will post 8.86 EPS for the current year.

About ZIM Integrated Shipping Services

(Free Report)

ZIM Integrated Shipping Services Ltd. NYSE: ZIM is a global container liner company headquartered in Haifa, Israel. Founded in 1945, ZIM provides maritime transportation services for importers, exporters, manufacturers and other businesses that move goods internationally.

The company operates a network of container shipping routes connecting major trade lanes and ports across Asia, Europe, the Mediterranean, North America, Latin America and other regions. Its services include the transportation of dry and refrigerated containers, specialized cargo, and vehicles, supported by cargo handling, documentation and related logistics services.

ZIM also offers digital tools and logistics solutions designed to help customers manage shipments, track cargo and coordinate international supply chains.

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Institutional Ownership by Quarter for ZIM Integrated Shipping Services (NYSE:ZIM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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