Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Bought by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. increased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 6.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 50,384 shares of the industrial products company's stock after buying an additional 2,890 shares during the quarter. Zebra Technologies comprises approximately 1.2% of Mcdaniel Terry & Co.'s portfolio, making the stock its 29th biggest holding. Mcdaniel Terry & Co. owned approximately 0.10% of Zebra Technologies worth $14,237,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Achmea Investment Management B.V. raised its holdings in shares of Zebra Technologies by 335.7% in the 1st quarter. Achmea Investment Management B.V. now owns 8,435 shares of the industrial products company's stock worth $2,383,000 after purchasing an additional 6,499 shares during the period. Diversified Trust Co raised its holdings in shares of Zebra Technologies by 87.6% in the 1st quarter. Diversified Trust Co now owns 2,611 shares of the industrial products company's stock worth $738,000 after purchasing an additional 1,219 shares during the period. KPP Advisory Services LLC raised its holdings in shares of Zebra Technologies by 13.3% in the 1st quarter. KPP Advisory Services LLC now owns 1,487 shares of the industrial products company's stock worth $420,000 after purchasing an additional 174 shares during the period. Lecap Asset Management Ltd. raised its holdings in shares of Zebra Technologies by 12.0% in the 1st quarter. Lecap Asset Management Ltd. now owns 6,017 shares of the industrial products company's stock worth $1,700,000 after purchasing an additional 646 shares during the period. Finally, Moran Wealth Management LLC purchased a new position in shares of Zebra Technologies in the 1st quarter worth about $259,000. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Stock Up 0.3%

NASDAQ ZBRA traded up $0.94 during mid-day trading on Friday, reaching $309.26. 893,872 shares of the company's stock traded hands, compared to its average volume of 477,073. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The company has a fifty day simple moving average of $280.51 and a 200-day simple moving average of $314.62. The company has a current ratio of 1.45, a quick ratio of 1.02 and a debt-to-equity ratio of 0.58. The company has a market cap of $15.73 billion, a price-to-earnings ratio of 29.26 and a beta of 1.75.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Needham & Company LLC cut their price objective on Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Morgan Stanley increased their target price on Zebra Technologies from $245.00 to $280.00 and gave the company an "equal weight" rating in a research note 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. Barclays lowered their target price on Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 30th. Finally, Robert W. Baird increased their target price on Zebra Technologies from $290.00 to $320.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. 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. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $331.20.

About Zebra Technologies

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.