Zebra Technologies Corporation (NASDAQ:ZBRA) Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 12.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,733 shares of the industrial products company's stock after purchasing an additional 15,216 shares during the quarter. Vontobel Holding Ltd. owned about 0.26% of Zebra Technologies worth $37,788,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mather Group LLC. raised its position in shares of Zebra Technologies by 10.1% during the 1st quarter. Mather Group LLC. now owns 1,530 shares of the industrial products company's stock valued at $432,000 after buying an additional 140 shares during the period. New York State Teachers Retirement System increased its stake in Zebra Technologies by 0.3% during the first quarter. New York State Teachers Retirement System now owns 41,405 shares of the industrial products company's stock worth $11,699,000 after acquiring an additional 133 shares during the last quarter. Amalgamated Bank raised its position in Zebra Technologies by 0.9% in the first quarter. Amalgamated Bank now owns 10,208 shares of the industrial products company's stock valued at $2,884,000 after purchasing an additional 92 shares during the period. Highland Capital Management LLC acquired a new position in shares of Zebra Technologies in the 1st quarter valued at $1,273,000. Finally, Mcdaniel Terry & Co. grew its holdings in shares of Zebra Technologies by 6.1% during the 1st quarter. Mcdaniel Terry & Co. now owns 50,384 shares of the industrial products company's stock worth $14,237,000 after purchasing an additional 2,890 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ZBRA. Morgan Stanley boosted their price objective on shares of Zebra Technologies from $245.00 to $280.00 and gave the company an "equal weight" rating in a report on Wednesday, May 28th. Wall Street Zen cut shares of Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. Needham & Company LLC decreased their price objective on shares of Zebra Technologies from $395.00 to $325.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Barclays lowered their price objective on shares of Zebra Technologies from $326.00 to $263.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 30th. Finally, Truist Financial cut their target price on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research report on Tuesday, April 8th. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Zebra Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $331.20.

Zebra Technologies Stock Up 1.1%

Zebra Technologies stock traded up $3.50 during mid-day trading on Friday, reaching $323.89. 257,488 shares of the company's stock were exchanged, compared to its average volume of 480,509. 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 twelve month low of $205.73 and a twelve month high of $427.76. The company has a market cap of $16.47 billion, a P/E ratio of 30.64 and a beta of 1.75. The company has a fifty day moving average of $287.31 and a 200-day moving average of $312.79.

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

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.