Pictet Asset Management Holding SA Increases Stock Holdings in Zebra Technologies Corporation $ZBRA

Key Points

• Pictet Asset Management boosted its stake in Zebra Technologies by 51.4%, acquiring an additional 201,437 shares to hold 593,656 shares (about 1.17% of the company) valued at $144,183,000.
• Analysts are mixed: the consensus rating is Hold with a consensus price target of $321.38, after several firms (including Citigroup and Truist) cut targets while others (UBS, Barclays) remain positive.
• Zebra reported quarterly EPS of $4.33 (missing estimates by $0.01) and revenue of $1.48B (up 10.6% year-over-year), and provided guidance of Q1 2026 EPS 4.05–4.35 and FY 2026 EPS 17.70–18.30.

Pictet Asset Management Holding SA increased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 51.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 593,656 shares of the industrial products company's stock after purchasing an additional 201,437 shares during the period. Pictet Asset Management Holding SA owned 1.17% of Zebra Technologies worth $144,183,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Ameriflex Group Inc. purchased a new stake in shares of Zebra Technologies in the third quarter valued at $26,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Zebra Technologies in the second quarter valued at $39,000. Eastern Bank grew its position in shares of Zebra Technologies by 132.0% in the third quarter. Eastern Bank now owns 174 shares of the industrial products company's stock valued at $52,000 after purchasing an additional 99 shares during the period. NBC Securities Inc. purchased a new stake in shares of Zebra Technologies in the fourth quarter valued at $57,000. Finally, Cornerstone Planning Group LLC grew its position in shares of Zebra Technologies by 3,900.0% in the third quarter. Cornerstone Planning Group LLC now owns 200 shares of the industrial products company's stock valued at $59,000 after purchasing an additional 195 shares during the period. Hedge funds and other institutional investors own 91.03% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ZBRA shares. Citigroup lowered their price target on Zebra Technologies from $315.00 to $274.00 and set a "neutral" rating for the company in a research report on Monday, April 13th. Truist Financial lowered their price target on Zebra Technologies from $294.00 to $256.00 and set a "hold" rating for the company in a research report on Monday, April 20th. UBS Group reissued a "buy" rating and set a $335.00 price target on shares of Zebra Technologies in a research report on Friday, February 13th. Weiss Ratings reissued a "hold (c)" rating on shares of Zebra Technologies in a research report on Wednesday, January 21st. Finally, Barclays lowered their price target on Zebra Technologies from $351.00 to $330.00 and set an "overweight" rating for the company in a research report on Friday, February 13th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Zebra Technologies has a consensus rating of "Hold" and a consensus price target of $321.38.

Insider Activity at Zebra Technologies

In other Zebra Technologies news, insider Cristen L. Kogl sold 145 shares of the business's stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $235.71, for a total transaction of $34,177.95. Following the transaction, the insider owned 23,687 shares in the company, valued at $5,583,262.77. The trade was a 0.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.91% of the stock is currently owned by corporate insiders.

Zebra Technologies Price Performance

ZBRA stock opened at $221.00 on Tuesday. The stock has a 50-day moving average price of $221.27 and a two-hundred day moving average price of $245.29. Zebra Technologies Corporation has a 12-month low of $199.05 and a 12-month high of $352.66. The company has a current ratio of 0.97, a quick ratio of 0.58 and a debt-to-equity ratio of 0.66. The company has a market cap of $10.87 billion, a PE ratio of 27.05 and a beta of 1.65.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data on Thursday, February 12th. The industrial products company reported $4.33 EPS for the quarter, missing analysts' consensus estimates of $4.34 by ($0.01). The company had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.47 billion. Zebra Technologies had a return on equity of 18.09% and a net margin of 7.76%.The company's revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $4.00 EPS. Zebra Technologies has set its Q1 2026 guidance at 4.050-4.350 EPS and its FY 2026 guidance at 17.700-18.300 EPS. As a group, research analysts predict that Zebra Technologies Corporation will post 15 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.

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