Zebra Technologies Corporation $ZBRA Stock Position Reduced by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management reduced its Zebra Technologies stake by 26.3% in the second quarter, selling 14,525 shares and retaining 40,804 shares worth approximately $10.7 million. Institutional investors collectively own 91.03% of the company.
• Zebra Technologies reported quarterly earnings of $6.35 per share, exceeding estimates of $4.36, while revenue rose 20.4% year over year to $1.56 billion. The company issued third-quarter 2026 EPS guidance of $4.70–$4.90.
• Analysts maintain a generally positive view, with nine Buy ratings and four Holds producing a “Moderate Buy” consensus and an average price target of $381; Barclays recently raised its target to $410.

Assenagon Asset Management S.A. cut its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 26.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,804 shares of the industrial products company's stock after selling 14,525 shares during the quarter. Assenagon Asset Management S.A. owned 0.09% of Zebra Technologies worth $10,742,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG increased its position in Zebra Technologies by 3.5% in the fourth quarter. UBS Group AG now owns 498,207 shares of the industrial products company's stock worth $120,975,000 after buying an additional 17,038 shares during the period. Triodos Investment Management BV lifted its stake in Zebra Technologies by 25.6% in the fourth quarter. Triodos Investment Management BV now owns 54,000 shares of the industrial products company's stock valued at $13,324,000 after buying an additional 11,000 shares during the last quarter. AIGH Capital Management LLC acquired a new position in shares of Zebra Technologies during the first quarter valued at $20,908,000. Vanguard Group Inc. boosted its holdings in shares of Zebra Technologies by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 6,645,605 shares of the industrial products company's stock valued at $1,613,686,000 after acquiring an additional 132,151 shares during the period. Finally, Boyd Watterson Asset Management LLC OH grew its position in shares of Zebra Technologies by 220.2% during the first quarter. Boyd Watterson Asset Management LLC OH now owns 8,574 shares of the industrial products company's stock worth $1,793,000 after acquiring an additional 5,896 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Trading Up 0.4%

Zebra Technologies stock opened at $378.08 on Tuesday. Zebra Technologies Corporation has a 12-month low of $199.05 and a 12-month high of $383.63. 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 stock has a market capitalization of $18.01 billion, a PE ratio of 34.59 and a beta of 1.58. The firm has a 50 day simple moving average of $267.48 and a 200-day simple moving average of $244.29.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its 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 return on equity of 22.29% and a net margin of 9.22%.The firm had revenue of $1.56 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same quarter in the previous year, the company earned $3.61 earnings per share. The firm's quarterly revenue was up 20.4% compared to the same quarter last year. 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 expect that Zebra Technologies Corporation will post 15.62 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Wolfe Research reaffirmed an "outperform" rating and issued a $317.00 price objective on shares of Zebra Technologies in a report on Thursday, July 9th. Barclays upped their target price on shares of Zebra Technologies from $346.00 to $410.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Morgan Stanley set a $360.00 price target on shares of Zebra Technologies in a research note on Wednesday, August 5th. Robert W. Baird lifted their price target on Zebra Technologies from $300.00 to $310.00 and gave the company an "outperform" rating in a report on Wednesday, May 13th. Finally, Truist Financial boosted their price objective on Zebra Technologies from $296.00 to $355.00 and gave the stock a "hold" rating in a research report on Wednesday, August 5th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $381.00.

Insider Activity

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

About Zebra Technologies

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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