Retirement Systems of Alabama Buys Shares of 1,417,099 ZoomInfo Technologies Inc. $GTM

Retirement Systems of Alabama purchased a new position in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,417,099 shares of the company’s stock, valued at approximately $14,412,000. Retirement Systems of Alabama owned about 0.45% of ZoomInfo Technologies at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Allworth Financial LP bought a new position in ZoomInfo Technologies in the 3rd quarter valued at approximately $40,000. GAMMA Investing LLC bought a new stake in ZoomInfo Technologies during the 4th quarter worth approximately $47,000. True Wealth Design LLC acquired a new position in ZoomInfo Technologies in the 4th quarter valued at approximately $74,000. EMC Capital Management acquired a new position in ZoomInfo Technologies in the 3rd quarter valued at approximately $76,000. Finally, Advisory Services Network LLC bought a new position in shares of ZoomInfo Technologies during the third quarter valued at $105,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

ZoomInfo Technologies Trading Down 0.7%

GTM opened at $5.81 on Friday. ZoomInfo Technologies Inc. has a twelve month low of $5.57 and a twelve month high of $12.51. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.87. The company has a fifty day moving average of $6.57 and a 200-day moving average of $9.07. The stock has a market cap of $1.77 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 1.64 and a beta of 1.08.

ZoomInfo Technologies (NASDAQ:GTM) last released its earnings results on Monday, February 9th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.12. The business had revenue of $319.10 million for the quarter. ZoomInfo Technologies had a net margin of 9.94% and a return on equity of 16.32%. ZoomInfo Technologies’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.26 EPS. ZoomInfo Technologies has set its Q1 2026 guidance at 0.250-0.270 EPS and its FY 2026 guidance at 1.100-1.120 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on GTM shares. Barclays cut their price target on shares of ZoomInfo Technologies from $12.00 to $9.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 11th. Morgan Stanley lowered their target price on ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 10th. Citigroup cut their target price on ZoomInfo Technologies from $8.00 to $6.50 and set a “sell” rating on the stock in a report on Wednesday, February 11th. Royal Bank Of Canada reduced their price target on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating on the stock in a research report on Tuesday, February 10th. Finally, Wells Fargo & Company decreased their price target on ZoomInfo Technologies from $10.00 to $6.00 and set an “underweight” rating for the company in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $9.25.

ZoomInfo Technologies Profile

ZoomInfo Technologies (NASDAQ:GTM) is a leading provider of go-to-market intelligence and sales engagement software designed to help organizations accelerate growth. The company offers a cloud-based platform that delivers comprehensive contact and company data, intent signals, and analytics to support prospecting, lead generation, and customer retention. Its solutions enable sales and marketing teams to identify and engage target accounts, personalize outreach, and optimize campaigns with real-time insights into buyer behavior and market trends.

Founded in 2007 and headquartered in Waltham, Massachusetts, ZoomInfo Technologies has expanded its global footprint across North America, Europe, and Asia–Pacific.