Zebra Technologies Corporation $ZBRA Stock Bought by Norris Perne & French LLP MI

Key Points

• Norris Perne & French LLP MI increased its Zebra Technologies stake by 240.7% in the third quarter, owning 54,510 shares worth approximately $20.35 million. Institutional investors collectively hold 91.03% of ZBRA’s outstanding shares.
• Zebra reported quarterly EPS of $6.35, beating estimates by $1.99, while revenue rose 20.4% year over year to $1.56 billion. The company issued fiscal 2026 EPS guidance of $20.75 to $21.25.
• Analyst sentiment remains positive, with nine Buy ratings and four Holds producing a consensus “Moderate Buy” rating and a $385.83 price target. However, two company insiders sold shares, and insiders own only 0.91% of the stock.

Norris Perne & French LLP MI lifted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 240.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,510 shares of the industrial products company's stock after buying an additional 38,509 shares during the quarter. Norris Perne & French LLP MI owned about 0.11% of Zebra Technologies worth $20,349,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Swedbank AB raised its stake in Zebra Technologies by 958.0% during the 1st quarter. Swedbank AB now owns 417,898 shares of the industrial products company's stock worth $87,374,000 after acquiring an additional 378,400 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Zebra Technologies by 111.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 500,628 shares of the industrial products company's stock worth $104,671,000 after purchasing an additional 264,015 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Zebra Technologies by 415.3% during the first quarter. Renaissance Technologies LLC now owns 288,311 shares of the industrial products company's stock worth $60,280,000 after purchasing an additional 232,360 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Zebra Technologies by 37.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 686,335 shares of the industrial products company's stock valued at $143,473,000 after purchasing an additional 185,387 shares during the last quarter. Finally, Oslo Pensjonsforsikring AS purchased a new stake in shares of Zebra Technologies in the 1st quarter valued at about $26,993,000. Institutional investors and hedge funds own 91.03% of the company's stock.

Insiders Place Their Bets

In other news, Director Linda Connly sold 500 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the transaction, the director directly owned 3,708 shares of the company's stock, valued at $1,400,437.44. This represents a 11.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $375.20, for a total transaction of $1,313,200.00. Following the completion of the transaction, the insider owned 5,170 shares of the company's stock, valued at $1,939,784. This represents a 40.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ZBRA. TD Cowen upped their target price on Zebra Technologies from $400.00 to $450.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Barclays lifted their price target on Zebra Technologies from $410.00 to $416.00 and gave the stock an "overweight" rating in a research report on Monday, October 12th. Zacks Research cut Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 5th. BNP Paribas Exane reissued an "outperform" rating and issued a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a report on Wednesday, August 5th. Finally, UBS Group reissued a "buy" rating on shares of Zebra Technologies in a report on Wednesday, August 5th. Nine research 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, Zebra Technologies presently has an average rating of "Moderate Buy" and a consensus price target of $385.83.

Zebra Technologies Price Performance

Shares of NASDAQ ZBRA opened at $386.45 on Friday. The stock has a fifty day moving average price of $366.07 and a 200 day moving average price of $296.24. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $392.78. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.52 and a quick ratio of 0.33. The company has a market cap of $18.41 billion, a PE ratio of 35.36 and a beta of 1.58.

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

Zebra Technologies Company Profile

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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