Asset Management One Co. Ltd. Sells 5,428 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Asset Management One cut its Zebra Technologies stake by 72% in the third quarter, selling 5,428 shares and retaining 2,108 shares valued at about $787,000. Other institutional investors made mixed moves; institutions own 91.03% of the stock.
• Zebra reported third-quarter sales up 22.3% year over year to $1.614 billion and adjusted EPS of $4.95, beating analyst estimates. However, expected higher memory costs could pressure 2027 margins, and the stock fell 8.8%.
• Analysts hold a Moderate Buy consensus rating, with an average price target of $385.83; nine rate the stock Buy and four Hold.

Asset Management One Co. Ltd. lowered its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 72.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,108 shares of the industrial products company's stock after selling 5,428 shares during the period. Asset Management One Co. Ltd.'s holdings in Zebra Technologies were worth $787,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. purchased a new stake in shares of Zebra Technologies during the third quarter worth $612,000. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in Zebra Technologies in the 3rd quarter worth approximately $36,709,000. Apollon Wealth Management LLC raised its position in shares of Zebra Technologies by 42.6% in the third quarter. Apollon Wealth Management LLC now owns 1,849 shares of the industrial products company's stock worth $690,000 after buying an additional 552 shares in the last quarter. EULAV Asset Management purchased a new stake in shares of Zebra Technologies in the 3rd quarter valued at about $4,738,000. Finally, Norris Perne & French LLP MI lifted its position in Zebra Technologies by 240.7% during the third quarter. Norris Perne & French LLP MI now owns 54,510 shares of the industrial products company's stock valued at $20,349,000 after purchasing an additional 38,509 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ZBRA shares. Wall Street Zen upgraded Zebra Technologies from a "buy" rating to a "strong-buy" rating in a report on Monday. BNP Paribas Exane restated an "outperform" rating and issued a $455.00 target price (up from $370.00) on shares of Zebra Technologies in a research report on Wednesday, August 5th. Needham & Company LLC upped their target price on Zebra Technologies from $410.00 to $435.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. TD Cowen lifted their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, Truist Financial lifted their price target on shares of Zebra Technologies from $355.00 to $378.00 and gave the stock a "hold" rating in a research note on Monday, October 5th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $385.83.

Insiders Place Their Bets

In other news, insider Michael Cho sold 3,500 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the sale, the insider directly owned 5,170 shares in the company, valued at approximately $1,939,784. This represents a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Linda Connly sold 500 shares of the firm's stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the completion of the sale, the director directly owned 3,708 shares in the company, valued at $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.91% of the stock is owned by company insiders.

Key Stories Impacting Zebra Technologies

Here are the key news stories impacting Zebra Technologies this week:

• Positive Sentiment: Third-quarter net sales rose 22.3% year over year to $1.614 billion, exceeding analyst expectations. Non-GAAP diluted EPS was $4.95, also ahead of consensus and up from $3.88 a year earlier. Zebra Technologies Announces Third Quarter 2026 Results
• Positive Sentiment: Broad-based sales growth, including strength in Connected Frontline and demand for automation, supported a higher full-year 2026 growth target—an encouraging signal for near-term demand. ZBRA Q3 Earnings Beat Estimates on Broad-Based Sales Growth
• Negative Sentiment: The main concern is the outlook for 2027: higher memory costs are expected to pressure margins. That potential profit squeeze overshadowed the record quarter and higher 2026 growth target, contributing to the negative investor reaction. Zebra Technologies Dips Amid Higher Memory-Cost Outlook Record Quarter Came With a 2027 Margin Warning

Zebra Technologies Trading Down 8.8%

NASDAQ ZBRA opened at $329.50 on Wednesday. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $392.78. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The stock has a 50-day moving average of $366.71 and a 200-day moving average of $281.25. The firm has a market cap of $15.69 billion, a PE ratio of 22.53 and a beta of 1.61.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $4.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.89 by $0.06. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%. The business had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period last year, the company earned $3.88 EPS. Zebra Technologies's revenue for the quarter was up 22.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Zebra Technologies Corporation will post 18.07 EPS for the current year.

Zebra Technologies Profile

Zebra Technologies Corp. NASDAQ: ZBRA develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company's portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.

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