Handelsbanken Fonder AB Has $13.68 Million Stock Holdings in Zebra Technologies Corporation $ZBRA

Key Points

• Handelsbanken Fonder AB cut its Zebra Technologies stake by 57.1% in the second quarter, selling 69,109 shares and retaining 51,979 shares valued at approximately $13.68 million.
• Institutional investors own 91.03% of Zebra Technologies, while major holders including Vanguard, State Street and Invesco increased their positions.
• Zebra reported strong quarterly results, with earnings of $6.35 per share and revenue of $1.56 billion, surpassing estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $381.

Handelsbanken Fonder AB decreased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 57.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 51,979 shares of the industrial products company's stock after selling 69,109 shares during the period. Handelsbanken Fonder AB owned about 0.11% of Zebra Technologies worth $13,684,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Zebra Technologies by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 6,645,605 shares of the industrial products company's stock worth $1,613,686,000 after buying an additional 132,151 shares during the period. State Street Corp grew its position in Zebra Technologies by 1.0% in the fourth quarter. State Street Corp now owns 2,263,614 shares of the industrial products company's stock valued at $549,651,000 after acquiring an additional 21,488 shares during the period. Invesco Ltd. raised its stake in Zebra Technologies by 30.1% during the fourth quarter. Invesco Ltd. now owns 1,801,516 shares of the industrial products company's stock worth $437,444,000 after acquiring an additional 416,568 shares in the last quarter. Geode Capital Management LLC raised its stake in Zebra Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 1,338,221 shares of the industrial products company's stock worth $323,697,000 after acquiring an additional 5,224 shares in the last quarter. Finally, Boston Partners lifted its holdings in shares of Zebra Technologies by 0.4% during the third quarter. Boston Partners now owns 1,130,117 shares of the industrial products company's stock valued at $335,940,000 after acquiring an additional 4,237 shares during the period. 91.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ZBRA. Needham & Company LLC boosted their target price on shares of Zebra Technologies from $345.00 to $410.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. TD Cowen lifted their price target on shares of Zebra Technologies from $400.00 to $450.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. UBS Group restated a "buy" rating on shares of Zebra Technologies in a research report on Wednesday, August 5th. Wolfe Research reaffirmed an "outperform" rating and set a $317.00 price objective on shares of Zebra Technologies in a report on Thursday, July 9th. Finally, Morgan Stanley set a $360.00 target price on shares of Zebra Technologies in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $381.00.

Insider Buying and Selling at Zebra Technologies

In related news, insider Loizides Melissa Luff sold 500 shares of Zebra Technologies stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $253.95, for a total transaction of $126,975.00. Following the transaction, the insider owned 3,702 shares of the company's stock, valued at $940,122.90. This trade represents a 11.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Cho sold 3,500 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at $1,939,784. The trade was a 40.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 4,500 shares of company stock valued at $1,629,015. 0.91% of the stock is currently owned by company insiders.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $379.63 on Friday. The firm's 50 day moving average price is $275.32 and its two-hundred day moving average price is $247.18. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.33 and a current ratio of 0.52. Zebra Technologies Corporation has a 52-week low of $199.05 and a 52-week high of $386.23. The stock has a market cap of $18.08 billion, a PE ratio of 34.73 and a beta of 1.59.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, beating analysts' consensus estimates of $4.36 by $1.99. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%.The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the business posted $3.61 EPS. The firm's quarterly revenue was up 20.4% on a year-over-year basis. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. As a group, analysts forecast that Zebra Technologies Corporation will post 17.22 EPS for the current year.

Zebra Technologies Profile

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company's product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.

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:ZBRA - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source