Robeco Institutional Asset Management B.V. Has $61.89 Million Stake in Zebra Technologies Co. (NASDAQ:ZBRA)

Robeco Institutional Asset Management B.V. lifted its holdings in Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 44.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 167,125 shares of the industrial products company's stock after buying an additional 51,488 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.32% of Zebra Technologies worth $61,890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ZBRA. Sequoia Financial Advisors LLC purchased a new position in Zebra Technologies in the third quarter valued at about $247,000. SG Americas Securities LLC grew its position in Zebra Technologies by 105.5% in the first quarter. SG Americas Securities LLC now owns 15,300 shares of the industrial products company's stock worth $4,612,000 after acquiring an additional 7,853 shares in the last quarter. Tidal Investments LLC increased its stake in shares of Zebra Technologies by 172.3% during the 1st quarter. Tidal Investments LLC now owns 3,828 shares of the industrial products company's stock worth $1,154,000 after purchasing an additional 2,422 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of Zebra Technologies by 23.0% during the 2nd quarter. Park Avenue Securities LLC now owns 8,788 shares of the industrial products company's stock valued at $2,715,000 after purchasing an additional 1,643 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in shares of Zebra Technologies by 24.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 15,290 shares of the industrial products company's stock valued at $4,724,000 after purchasing an additional 2,979 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Insiders Place Their Bets

In other news, insider Jeffrey F. Schmitz sold 1,000 shares of the business's stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $341.69, for a total value of $341,690.00. Following the sale, the insider now owns 9,694 shares in the company, valued at approximately $3,312,342.86. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Jeffrey F. Schmitz sold 1,000 shares of the firm's stock in a transaction on 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 sale, the insider now directly owns 9,694 shares of the company's stock, valued at $3,312,342.86. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Nathan Andrew Winters sold 1,837 shares of the business's stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $381.73, for a total value of $701,238.01. Following the completion of the transaction, the chief financial officer now directly owns 11,421 shares in the company, valued at approximately $4,359,738.33. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.04% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on ZBRA. UBS Group increased their target price on shares of Zebra Technologies from $390.00 to $445.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Morgan Stanley raised their price objective on Zebra Technologies from $290.00 to $305.00 and gave the company an "underweight" rating in a research note on Wednesday, October 30th. StockNews.com raised Zebra Technologies from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Truist Financial reiterated a "hold" rating and set a $383.00 price target (up previously from $379.00) on shares of Zebra Technologies in a report on Wednesday, October 30th. Finally, Barclays boosted their price objective on shares of Zebra Technologies from $347.00 to $407.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 31st. One analyst has rated the stock with a sell rating, three have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $385.18.

Zebra Technologies Stock Performance

Shares of NASDAQ:ZBRA traded up $2.67 during trading on Tuesday, hitting $379.69. 348,636 shares of the stock were exchanged, compared to its average volume of 361,483. The company's fifty day simple moving average is $359.87 and its 200-day simple moving average is $332.13. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37. The company has a market capitalization of $19.58 billion, a price-to-earnings ratio of 51.57 and a beta of 1.64. Zebra Technologies Co. has a 1-year low of $201.43 and a 1-year high of $394.57.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The industrial products company reported $3.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.57. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. Zebra Technologies had a net margin of 8.20% and a return on equity of 15.56%. The business's revenue for the quarter was up 31.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.57 EPS. Sell-side analysts expect that Zebra Technologies Co. will post 11.77 EPS for the current fiscal year.

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.