Zebra Technologies Corporation $ZBRA Shares Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• VIRGINIA RETIREMENT SYSTEMS ET AL increased its Zebra Technologies position by 29.7% in the third quarter, owning 19,060 shares valued at approximately $7.1 million. Institutional investors and hedge funds collectively own 91.03% of the stock.
• Analysts maintain a generally positive outlook, with nine Buy ratings and four Hold ratings, producing a “Moderate Buy” consensus and an average price target of $385.83. Several firms recently raised their targets, including BNP Paribas Exane to $455 and TD Cowen to $450.
• Zebra reported quarterly EPS of $6.35, exceeding expectations of $4.36, while revenue rose 20.4% year over year to $1.56 billion. Shares opened at $361.26, down 4.3%, with the stock trading between a 52-week low of $199.05 and high of $392.78.

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 29.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,060 shares of the industrial products company's stock after acquiring an additional 4,360 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al's holdings in Zebra Technologies were worth $7,115,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Parcion Private Wealth LLC purchased a new stake in Zebra Technologies during the 3rd quarter worth approximately $394,000. Choreo LLC acquired a new stake in Zebra Technologies during the 3rd quarter worth approximately $477,000. D.A. Davidson & CO. purchased a new position in Zebra Technologies in the 3rd quarter valued at approximately $1,385,000. VestGen Advisors LLC boosted its position in Zebra Technologies by 79.1% in the 3rd quarter. VestGen Advisors LLC now owns 2,687 shares of the industrial products company's stock valued at $1,003,000 after buying an additional 1,187 shares during the period. Finally, Oppenheimer & Co. Inc. purchased a new position in Zebra Technologies in the 3rd quarter valued at approximately $612,000. 91.03% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Zebra Technologies news, insider Michael Cho sold 3,500 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $375.20, for a total value of $1,313,200.00. Following the sale, the insider directly owned 5,170 shares in the company, valued at $1,939,784. This trade represents a 40.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Linda Connly sold 500 shares of Zebra Technologies stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the sale, the director directly owned 3,708 shares of the company's stock, valued at $1,400,437.44. This trade represents a 11.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.91% of the company's stock.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of several research reports. BNP Paribas Exane restated an "outperform" rating and issued a $455.00 price target (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. TD Cowen increased their price objective on Zebra Technologies from $400.00 to $450.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Citigroup reiterated a "buy" rating on shares of Zebra Technologies in a report on Monday, October 12th. Barclays lifted their target price on Zebra Technologies from $410.00 to $416.00 and gave the company an "overweight" rating in a report on Monday, October 12th. Finally, KeyCorp boosted their target price on Zebra Technologies from $305.00 to $430.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $385.83.

Zebra Technologies Stock Down 4.3%

Shares of NASDAQ:ZBRA opened at $361.26 on Friday. The firm's 50 day moving average price is $367.54 and its 200 day moving average price is $280.41. The stock has a market cap of $17.21 billion, a price-to-earnings ratio of 33.05 and a beta of 1.58. Zebra Technologies Corporation has a fifty-two week low of $199.05 and a fifty-two week high of $392.78. The company has a quick ratio of 0.33, a current ratio of 0.52 and a debt-to-equity ratio of 0.14.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, topping the consensus estimate of $4.36 by $1.99. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The company had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the previous year, the business posted $3.61 EPS. The firm's revenue was up 20.4% on a year-over-year basis. 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. As a group, equities research analysts predict that Zebra Technologies Corporation will post 18.07 earnings per share for the current fiscal year.

About Zebra Technologies

Zebra Technologies Corp. NASDAQ: ZBRA develops technologies that help businesses identify, track and manage assets, inventory and operational processes. Its solutions are used by organizations in retail, manufacturing, transportation and logistics, healthcare, government and other industries to improve visibility and productivity across their operations.

The company's portfolio includes barcode and label printers, barcode scanners, mobile computers, radio-frequency identification (RFID) readers and tags, machine-vision systems, fixed industrial scanners and related software.

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