Zebra Technologies Corporation $ZBRA Shares Purchased by Bank of America Corp DE

Key Points

• Bank of America increased its Zebra Technologies stake by 22.9% in the first quarter, acquiring 54,222 additional shares and bringing its holdings to 291,031 shares valued at approximately $60.8 million. Institutional investors and hedge funds collectively own 91.03% of the company.
• Zebra Technologies reported a strong quarterly performance, with earnings of $6.35 per share and revenue of $1.56 billion, exceeding analyst estimates. Revenue increased 20.4% year over year, and the company issued fiscal 2026 EPS guidance of $20.75 to $21.25.
• Analyst sentiment remains positive, with nine Buy ratings and four Holds, resulting in a consensus “Moderate Buy” rating and an average price target of $381.00. However, company insiders recently sold shares, including a director’s sale of 3,000 shares.

Bank of America Corp DE raised its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 22.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 291,031 shares of the industrial products company's stock after purchasing an additional 54,222 shares during the quarter. Bank of America Corp DE owned 0.59% of Zebra Technologies worth $60,849,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in shares of Zebra Technologies by 39.9% in the first quarter. NewEdge Advisors LLC now owns 1,318 shares of the industrial products company's stock valued at $372,000 after purchasing an additional 376 shares during the period. Caxton Associates LLP acquired a new position in shares of Zebra Technologies in the first quarter valued at approximately $317,000. Empowered Funds LLC increased its stake in Zebra Technologies by 7.2% during the 1st quarter. Empowered Funds LLC now owns 1,441 shares of the industrial products company's stock worth $407,000 after buying an additional 97 shares during the period. Brown Advisory Inc. increased its stake in Zebra Technologies by 2.1% during the 2nd quarter. Brown Advisory Inc. now owns 1,787 shares of the industrial products company's stock worth $551,000 after buying an additional 36 shares during the period. Finally, Cresset Asset Management LLC lifted its holdings in Zebra Technologies by 19.4% during the 2nd quarter. Cresset Asset Management LLC now owns 2,504 shares of the industrial products company's stock worth $772,000 after buying an additional 407 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Zebra Technologies

In other news, Director Janice M. Roberts sold 3,000 shares of the firm's stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $249.54, for a total transaction of $748,620.00. Following the sale, the director owned 6,183 shares of the company's stock, valued at approximately $1,542,905.82. This trade represents a 32.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Loizides Melissa Luff sold 500 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $253.95, for a total value of $126,975.00. Following the sale, the insider owned 3,702 shares of the company's stock, valued at approximately $940,122.90. The trade was a 11.90% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.91% of the company's stock.

Zebra Technologies Stock Performance

Shares of ZBRA stock opened at $378.08 on Tuesday. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average price of $267.48 and a 200 day moving average price of $244.29. The company has a market cap of $18.01 billion, a P/E ratio of 34.59 and a beta of 1.58. Zebra Technologies Corporation has a 12 month low of $199.05 and a 12 month high of $383.63.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share for the quarter, beating analysts' consensus estimates of $4.36 by $1.99. The company had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.50 billion. Zebra Technologies had a return on equity of 22.29% and a net margin of 9.22%.Zebra Technologies's quarterly revenue was up 20.4% on a year-over-year basis. During the same period last year, the firm earned $3.61 earnings per share. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Sell-side analysts predict that Zebra Technologies Corporation will post 15.62 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Zacks Research cut shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 20th. TD Cowen upped their price objective on Zebra Technologies from $400.00 to $450.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Robert W. Baird increased their price objective on Zebra Technologies from $300.00 to $310.00 and gave the company an "outperform" rating in a research note on Wednesday, May 13th. Northcoast Research decreased their target price on Zebra Technologies from $364.00 to $344.00 and set a "buy" rating for the company in a report on Monday, April 27th. Finally, Citigroup boosted their target price on Zebra Technologies from $306.00 to $396.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $381.00.

Zebra Technologies Company 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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