Boston Trust Walden Corp decreased its position in shares of Zebra Technologies Co. (NASDAQ:ZBRA – Free Report) by 10.0% during the 4th quarter, HoldingsChannel reports. The fund owned 163,410 shares of the industrial products company’s stock after selling 18,142 shares during the period. Boston Trust Walden Corp’s holdings in Zebra Technologies were worth $63,112,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. State Street Corp raised its holdings in Zebra Technologies by 3.4% in the 3rd quarter. State Street Corp now owns 2,149,839 shares of the industrial products company’s stock valued at $796,128,000 after buying an additional 70,771 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Zebra Technologies by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 1,245,702 shares of the industrial products company’s stock valued at $459,766,000 after acquiring an additional 14,237 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Zebra Technologies by 11.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 907,065 shares of the industrial products company’s stock worth $335,905,000 after purchasing an additional 89,765 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Zebra Technologies by 4.6% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 426,660 shares of the industrial products company’s stock worth $158,001,000 after acquiring an additional 18,922 shares in the last quarter. Finally, FMR LLC grew its position in Zebra Technologies by 2,423.5% in the 3rd quarter. FMR LLC now owns 275,949 shares of the industrial products company’s stock valued at $102,189,000 after purchasing an additional 265,014 shares during the period. Institutional investors own 91.03% of the company’s stock.
Wall Street Analyst Weigh In
ZBRA has been the subject of a number of analyst reports. Truist Financial lifted their price target on Zebra Technologies from $408.00 to $409.00 and gave the company a “hold” rating in a research note on Thursday, January 16th. StockNews.com raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, October 31st. Barclays increased their price target on shares of Zebra Technologies from $347.00 to $407.00 and gave the company an “equal weight” rating in a research report on Thursday, October 31st. Needham & Company LLC upped their price objective on Zebra Technologies from $394.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Finally, Citigroup started coverage on shares of Zebra Technologies in a research note on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 target price for the company. Five equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Zebra Technologies presently has an average rating of “Moderate Buy” and an average price target of $401.25.
Zebra Technologies Stock Performance
NASDAQ ZBRA opened at $391.94 on Monday. The company has a market cap of $20.22 billion, a P/E ratio of 53.33 and a beta of 1.63. The business’s 50 day moving average price is $399.66 and its 200-day moving average price is $371.45. Zebra Technologies Co. has a fifty-two week low of $233.95 and a fifty-two week high of $427.76. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.96 and a current ratio of 1.37.
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.
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