Zebra Technologies Corporation (NASDAQ:ZBRA) Stock Holdings Boosted by National Mutual Insurance Federation of Agricultural Cooperatives

National Mutual Insurance Federation of Agricultural Cooperatives increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 124.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 65,000 shares of the industrial products company's stock after acquiring an additional 36,000 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives owned approximately 0.13% of Zebra Technologies worth $18,366,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ZBRA. Brown Advisory Inc. boosted its holdings in shares of Zebra Technologies by 8.7% in the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock valued at $495,000 after acquiring an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Zebra Technologies by 33.0% during the first 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. grew its holdings in Zebra Technologies by 6.4% during the fourth quarter. Coldstream Capital Management Inc. now owns 1,192 shares of the industrial products company's stock worth $460,000 after acquiring an additional 72 shares during the period. Oppenheimer Asset Management Inc. raised its position in Zebra Technologies by 1.9% in the first 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 in the last quarter. Finally, Asset Management One Co. Ltd. lifted its holdings in Zebra Technologies by 6.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after acquiring an additional 1,267 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on ZBRA. UBS Group dropped their price target on Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. BNP Paribas raised Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Morgan Stanley increased their price target on Zebra Technologies from $245.00 to $280.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 28th. Truist Financial dropped their price target on Zebra Technologies from $379.00 to $254.00 and set a "hold" rating on the stock in a research note on Tuesday, April 8th. Finally, Citigroup restated a "neutral" rating and set a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Five analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $350.82.

Zebra Technologies Stock Up 0.6%

Zebra Technologies stock opened at $331.73 on Friday. The firm has a market cap of $16.87 billion, a price-to-earnings ratio of 31.38 and a beta of 1.75. The firm has a fifty day moving average price of $302.80 and a two-hundred day moving average price of $307.23. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.45 and a quick ratio of 1.02.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a return on equity of 18.77% and a net margin of 10.73%. The company's quarterly revenue was up 11.3% compared to the same quarter last year. During the same period in the previous year, the company posted $2.84 earnings per share. As a group, analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share 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.

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