Robeco Institutional Asset Management B.V. Purchases 17,936 Shares of Zebra Technologies Co. (NASDAQ:ZBRA)

Robeco Institutional Asset Management B.V. raised its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 185,061 shares of the industrial products company's stock after acquiring an additional 17,936 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.36% of Zebra Technologies worth $71,474,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of ZBRA. Cascade Investment Advisors Inc. grew its position in Zebra Technologies by 0.6% in the fourth quarter. Cascade Investment Advisors Inc. now owns 4,412 shares of the industrial products company's stock valued at $1,704,000 after purchasing an additional 25 shares in the last quarter. WCM Investment Management LLC raised its position in shares of Zebra Technologies by 0.3% in the third quarter. WCM Investment Management LLC now owns 9,501 shares of the industrial products company's stock valued at $3,502,000 after buying an additional 27 shares in the last quarter. KPP Advisory Services LLC boosted its stake in Zebra Technologies by 2.3% in the third quarter. KPP Advisory Services LLC now owns 1,246 shares of the industrial products company's stock valued at $461,000 after buying an additional 28 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Zebra Technologies by 24.8% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 151 shares of the industrial products company's stock valued at $58,000 after purchasing an additional 30 shares in the last quarter. Finally, Private Advisor Group LLC raised its position in Zebra Technologies by 1.4% during the 3rd quarter. Private Advisor Group LLC now owns 2,218 shares of the industrial products company's stock worth $821,000 after purchasing an additional 31 shares during the last quarter. Institutional investors own 91.03% of the company's stock.

Zebra Technologies Price Performance

NASDAQ ZBRA traded down $4.89 during trading hours on Thursday, reaching $394.70. 470,365 shares of the stock traded hands, compared to its average volume of 379,503. Zebra Technologies Co. has a 1 year low of $233.95 and a 1 year high of $427.76. The company has a market cap of $20.36 billion, a price-to-earnings ratio of 53.70 and a beta of 1.64. The stock has a 50 day simple moving average of $399.73 and a two-hundred day simple moving average of $370.58. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.37 and a quick ratio of 0.96.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data on Tuesday, October 29th. The industrial products company reported $3.49 EPS for the quarter, topping the consensus estimate of $2.92 by $0.57. Zebra Technologies had a return on equity of 15.56% and a net margin of 8.20%. The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the previous year, the company posted $0.57 earnings per share. Zebra Technologies's revenue was up 31.3% compared to the same quarter last year. On average, analysts predict that Zebra Technologies Co. will post 11.8 EPS for the current fiscal year.

Analyst Ratings Changes

ZBRA has been the topic of several research reports. StockNews.com raised shares of Zebra Technologies from a "hold" rating to a "buy" rating in a research report on Thursday, October 31st. Robert W. Baird raised their target price on Zebra Technologies from $380.00 to $415.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 30th. Citigroup began coverage on Zebra Technologies in a research note on Tuesday, January 14th. They set a "neutral" rating and a $430.00 price objective on the stock. Truist Financial lifted their price objective on shares of Zebra Technologies from $408.00 to $409.00 and gave the stock a "hold" rating in a research report on Thursday, January 16th. Finally, Needham & Company LLC lifted their target price on shares of Zebra Technologies from $394.00 to $430.00 and gave the company a "buy" rating in a report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $401.25.

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.