LVW Advisors LLC Raises Stock Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

LVW Advisors LLC raised its stake in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 11.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,533 shares of the industrial products company’s stock after acquiring an additional 258 shares during the period. LVW Advisors LLC’s holdings in Zebra Technologies were worth $938,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Integrated Advisors Network LLC bought a new stake in shares of Zebra Technologies during the 4th quarter valued at $1,007,000. Tortoise Investment Management LLC raised its holdings in Zebra Technologies by 100.0% during the fourth quarter. Tortoise Investment Management LLC now owns 200 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 100 shares during the period. Wahed Invest LLC boosted its stake in Zebra Technologies by 7.2% in the 4th quarter. Wahed Invest LLC now owns 869 shares of the industrial products company’s stock worth $238,000 after purchasing an additional 58 shares during the period. Vanguard Group Inc. boosted its position in shares of Zebra Technologies by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 6,082,360 shares of the industrial products company’s stock worth $1,662,491,000 after acquiring an additional 22,327 shares during the last quarter. Finally, HighPoint Advisor Group LLC bought a new position in shares of Zebra Technologies during the 4th quarter valued at about $1,356,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, insider Jeffrey F. Schmitz sold 1,000 shares of the company’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 directly owns 9,694 shares of the company’s stock, valued at approximately $3,312,342.86. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.06% of the stock is currently owned by company insiders.

Analyst Ratings Changes

ZBRA has been the topic of several research reports. Redburn Atlantic upgraded shares of Zebra Technologies to a “strong-buy” rating in a research report on Wednesday, July 31st. Truist Financial boosted their target price on shares of Zebra Technologies from $345.00 to $379.00 and gave the stock a “hold” rating in a report on Wednesday. TD Cowen increased their price target on shares of Zebra Technologies from $375.00 to $380.00 and gave the company a “buy” rating in a report on Wednesday, July 31st. Vertical Research initiated coverage on Zebra Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $375.00 price objective on the stock. Finally, Stephens raised their price objective on Zebra Technologies from $380.00 to $410.00 and gave the company an “overweight” rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $352.73.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $375.02 on Friday. The company has a market cap of $19.34 billion, a P/E ratio of 84.65 and a beta of 1.66. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.28 and a quick ratio of 0.84. The stock’s 50-day moving average is $345.89 and its 200 day moving average is $321.99. Zebra Technologies Co. has a 1-year low of $194.59 and a 1-year high of $376.59.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, July 30th. The industrial products company reported $3.18 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.70. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. Zebra Technologies had a net margin of 5.28% and a return on equity of 11.77%. The company’s revenue was up .2% compared to the same quarter last year. During the same period last year, the business earned $3.24 EPS. Research analysts predict that Zebra Technologies Co. will post 11.09 earnings per share for the current fiscal year.

About Zebra Technologies

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.