Zebra Technologies Corporation (NASDAQ:ZBRA) Position Increased by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. boosted its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 6.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,384 shares of the industrial products company's stock after purchasing an additional 2,890 shares during the period. Zebra Technologies comprises 1.2% of Mcdaniel Terry & Co.'s investment portfolio, making the stock its 29th biggest position. Mcdaniel Terry & Co. owned approximately 0.10% of Zebra Technologies worth $14,237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in Zebra Technologies by 33.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock valued at $2,236,000 after buying an additional 1,964 shares in the last quarter. Coldstream Capital Management Inc. lifted its holdings in Zebra Technologies by 6.4% in the 4th quarter. Coldstream Capital Management Inc. now owns 1,192 shares of the industrial products company's stock valued at $460,000 after purchasing an additional 72 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in Zebra Technologies by 1.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock worth $981,000 after acquiring an additional 66 shares during the period. Jones Financial Companies Lllp raised its holdings in Zebra Technologies by 334.4% in the 4th quarter. Jones Financial Companies Lllp now owns 682 shares of the industrial products company's stock valued at $263,000 after acquiring an additional 525 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in shares of Zebra Technologies by 6.3% during the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock worth $6,024,000 after purchasing an additional 1,267 shares during the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Stock Up 2.3%

Shares of ZBRA traded up $7.12 during mid-day trading on Tuesday, reaching $315.48. 451,667 shares of the stock traded hands, compared to its average volume of 478,194. The firm has a market cap of $16.04 billion, a price-to-earnings ratio of 29.85 and a beta of 1.75. The stock has a fifty day simple moving average of $282.23 and a 200 day simple moving average of $313.30. The company has a quick ratio of 1.02, a current ratio of 1.45 and a debt-to-equity ratio of 0.58. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $4.02 EPS for the quarter, topping analysts' consensus estimates of $3.60 by $0.42. The firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.73% and a return on equity of 18.77%. The firm's revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.84 EPS. Sell-side analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently issued reports on ZBRA. UBS Group decreased their target price on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Morgan Stanley increased their target price on Zebra Technologies from $245.00 to $280.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 28th. Wall Street Zen lowered Zebra Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, May 1st. Needham & Company LLC reduced their price objective on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Finally, Truist Financial decreased their target price on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating for the company in a report on Tuesday, April 8th. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $331.20.

Zebra Technologies 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.