Zebra Technologies Co. (NASDAQ:ZBRA) Shares Bought by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. increased its stake in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,852 shares of the industrial products company's stock after purchasing an additional 3,561 shares during the period. Mcdaniel Terry & Co. owned approximately 0.08% of Zebra Technologies worth $11,166,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ZBRA. Cambridge Investment Research Advisors Inc. boosted its stake in Zebra Technologies by 13.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,815 shares of the industrial products company's stock worth $1,165,000 after purchasing an additional 341 shares during the period. Panagora Asset Management Inc. boosted its stake in Zebra Technologies by 102.2% in the 1st quarter. Panagora Asset Management Inc. now owns 2,230 shares of the industrial products company's stock worth $923,000 after purchasing an additional 1,127 shares during the period. Raymond James Trust N.A. boosted its stake in Zebra Technologies by 45.0% in the 1st quarter. Raymond James Trust N.A. now owns 947 shares of the industrial products company's stock worth $392,000 after purchasing an additional 294 shares during the period. Sei Investments Co. lifted its position in Zebra Technologies by 28.9% during the 1st quarter. Sei Investments Co. now owns 27,317 shares of the industrial products company's stock worth $11,251,000 after buying an additional 6,119 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in Zebra Technologies by 97.4% during the 1st quarter. Canada Pension Plan Investment Board now owns 300 shares of the industrial products company's stock worth $124,000 after buying an additional 148 shares in the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Stock Down 0.9 %

Shares of ZBRA traded down $2.58 during trading hours on Friday, reaching $290.38. 216,727 shares of the stock traded hands, compared to its average volume of 336,405. The company has a current ratio of 1.05, a quick ratio of 0.54 and a debt-to-equity ratio of 0.67. The stock has a fifty day simple moving average of $276.35 and a 200 day simple moving average of $249.16. Zebra Technologies Co. has a 52 week low of $194.59 and a 52 week high of $320.55. The company has a market cap of $14.92 billion, a price-to-earnings ratio of 50.85 and a beta of 1.79.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.09. Zebra Technologies had a net margin of 6.46% and a return on equity of 15.30%. The company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $1 billion. During the same period last year, the firm earned $4.43 earnings per share. The firm's revenue was down 32.9% on a year-over-year basis. On average, equities analysts forecast that Zebra Technologies Co. will post 9.76 EPS for the current year.

Insiders Place Their Bets

In other Zebra Technologies news, CAO Colleen M. O'sullivan sold 135 shares of Zebra Technologies stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $279.36, for a total value of $37,713.60. Following the sale, the chief accounting officer now owns 5,543 shares of the company's stock, valued at $1,548,492.48. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.06% of the company's stock.

Wall Street Analyst Weigh In

ZBRA has been the topic of several analyst reports. Truist Financial initiated coverage on shares of Zebra Technologies in a research report on Thursday, March 14th. They set a "hold" rating and a $300.00 price target on the stock. StockNews.com cut shares of Zebra Technologies from a "hold" rating to a "sell" rating in a research report on Friday, February 16th. Finally, Barclays initiated coverage on shares of Zebra Technologies in a research report on Tuesday, April 2nd. They set an "equal weight" rating and a $292.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $272.80.

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.