Zebra Technologies Co. (NASDAQ:ZBRA) Shares Acquired by Rowlandmiller & PARTNERS.ADV

Rowlandmiller & PARTNERS.ADV lifted its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 0.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,799 shares of the industrial products company’s stock after acquiring an additional 105 shares during the quarter. Zebra Technologies comprises approximately 1.4% of Rowlandmiller & PARTNERS.ADV’s holdings, making the stock its 22nd biggest holding. Rowlandmiller & PARTNERS.ADV’s holdings in Zebra Technologies were worth $6,488,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sierra Ocean LLC acquired a new position in shares of Zebra Technologies during the 4th quarter valued at $28,000. Concord Wealth Partners acquired a new position in shares of Zebra Technologies during the 3rd quarter valued at $30,000. Fortitude Family Office LLC lifted its holdings in shares of Zebra Technologies by 159.5% during the 4th quarter. Fortitude Family Office LLC now owns 96 shares of the industrial products company’s stock valued at $37,000 after acquiring an additional 59 shares in the last quarter. Ameliora Wealth Management Ltd. acquired a new position in Zebra Technologies in the 4th quarter worth $42,000. Finally, Blue Trust Inc. lifted its holdings in Zebra Technologies by 136.7% in the 3rd quarter. Blue Trust Inc. now owns 116 shares of the industrial products company’s stock worth $43,000 after buying an additional 67 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Price Performance

ZBRA opened at $311.05 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.03 and a current ratio of 1.43. Zebra Technologies Co. has a 1-year low of $266.75 and a 1-year high of $427.76. The company has a 50-day moving average of $382.03 and a 200-day moving average of $373.80. The company has a market capitalization of $15.98 billion, a P/E ratio of 30.56 and a beta of 1.63.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Thursday, February 13th. The industrial products company reported $3.62 earnings per share for the quarter, missing analysts’ consensus estimates of $3.85 by ($0.23). Zebra Technologies had a net margin of 10.60% and a return on equity of 18.34%. The business had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.31 billion. Equities analysts expect that Zebra Technologies Co. will post 13.71 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Citigroup assumed coverage on shares of Zebra Technologies in a report on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 price objective on the stock. Truist Financial cut their price objective on shares of Zebra Technologies from $409.00 to $379.00 and set a “hold” rating on the stock in a report on Friday, February 14th. Robert W. Baird cut their price objective on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Needham & Company LLC cut their price objective on shares of Zebra Technologies from $430.00 to $395.00 and set a “buy” rating on the stock in a report on Friday, February 14th. Finally, TD Cowen boosted their price objective on shares of Zebra Technologies from $380.00 to $425.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Five research 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 MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $381.42.

Zebra Technologies Company 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.