Zebra Technologies Co. (NASDAQ:ZBRA) Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 11.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 43,060 shares of the industrial products company's stock after purchasing an additional 4,347 shares during the quarter. Sei Investments Co. owned 0.08% of Zebra Technologies worth $13,303,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Zebra Technologies by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 6,082,360 shares of the industrial products company's stock worth $1,662,491,000 after purchasing an additional 22,327 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Zebra Technologies by 44.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,373,792 shares of the industrial products company's stock worth $414,117,000 after buying an additional 425,207 shares during the period. Boston Partners lifted its position in Zebra Technologies by 9.7% during the 1st quarter. Boston Partners now owns 1,108,819 shares of the industrial products company's stock valued at $334,230,000 after acquiring an additional 98,045 shares during the period. Dimensional Fund Advisors LP grew its holdings in Zebra Technologies by 5.8% in the second quarter. Dimensional Fund Advisors LP now owns 390,541 shares of the industrial products company's stock worth $120,650,000 after purchasing an additional 21,534 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Zebra Technologies by 2.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 346,939 shares of the industrial products company's stock valued at $107,180,000 after buying an additional 7,117 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Trading Down 0.7 %

Shares of ZBRA stock traded down $2.64 on Friday, reaching $368.60. 213,572 shares of the company's stock were exchanged, compared to its average volume of 358,579. The stock has a market capitalization of $19.01 billion, a PE ratio of 73.14 and a beta of 1.65. Zebra Technologies Co. has a 52 week low of $194.59 and a 52 week high of $375.88. The company has a current ratio of 1.28, a quick ratio of 0.84 and a debt-to-equity ratio of 0.63. The company's fifty day simple moving average is $339.81 and its 200 day simple moving average is $316.92.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.70. Zebra Technologies had a net margin of 5.28% and a return on equity of 11.77%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the firm earned $3.24 EPS. The company's quarterly revenue was up .2% compared to the same quarter last year. As a group, analysts forecast that Zebra Technologies Co. will post 11.12 EPS for the current year.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of a number of recent analyst reports. Stephens increased their price target on shares of Zebra Technologies from $380.00 to $410.00 and gave the company an "overweight" rating in a report on Friday, August 2nd. Needham & Company LLC upped their target price on shares of Zebra Technologies from $370.00 to $394.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. Truist Financial restated a "hold" rating and set a $345.00 price objective (up previously from $315.00) on shares of Zebra Technologies in a research report on Wednesday, July 31st. Barclays lifted their target price on shares of Zebra Technologies from $314.00 to $347.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 31st. Finally, Robert W. Baird raised their price target on Zebra Technologies from $355.00 to $375.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $349.64.

Insiders Place Their Bets

In other Zebra Technologies news, insider Jeffrey F. Schmitz sold 1,000 shares of Zebra Technologies stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $341.69, for a total transaction of $341,690.00. Following the completion of the transaction, the insider now owns 9,694 shares in the company, valued at approximately $3,312,342.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.06% of the stock is currently owned by insiders.

Zebra Technologies Profile

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.