Westport Asset Management Inc. Acquires Shares of 34,335 Zebra Technologies Corporation $ZBRA

Westport Asset Management Inc. acquired a new position in Zebra Technologies Corporation (NASDAQ:ZBRA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 34,335 shares of the industrial products company’s stock, valued at approximately $9,039,000. Zebra Technologies makes up about 3.7% of Westport Asset Management Inc.’s investment portfolio, making the stock its 8th biggest position. Westport Asset Management Inc. owned about 0.07% of Zebra Technologies as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Zebra Technologies by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 6,645,605 shares of the industrial products company’s stock valued at $1,613,686,000 after buying an additional 132,151 shares during the last quarter. State Street Corp grew its holdings in Zebra Technologies by 1.0% during the 4th quarter. State Street Corp now owns 2,263,614 shares of the industrial products company’s stock worth $549,651,000 after acquiring an additional 21,488 shares during the last quarter. Invesco Ltd. grew its holdings in Zebra Technologies by 30.1% during the 4th quarter. Invesco Ltd. now owns 1,801,516 shares of the industrial products company’s stock worth $437,444,000 after acquiring an additional 416,568 shares during the last quarter. Geode Capital Management LLC increased its position in Zebra Technologies by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 1,338,221 shares of the industrial products company’s stock valued at $323,697,000 after acquiring an additional 5,224 shares in the last quarter. Finally, Boston Partners increased its position in Zebra Technologies by 0.4% in the 3rd quarter. Boston Partners now owns 1,130,117 shares of the industrial products company’s stock valued at $335,940,000 after acquiring an additional 4,237 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Wall Street Analyst Weigh In

ZBRA has been the subject of a number of research analyst reports. Weiss Ratings raised shares of Zebra Technologies from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. BNP Paribas Exane reissued an “outperform” rating and set a $455.00 price target (up from $370.00) on shares of Zebra Technologies in a research note on Wednesday, August 5th. Morgan Stanley set a $360.00 price target on shares of Zebra Technologies in a report on Wednesday, August 5th. Wolfe Research restated an “outperform” rating and issued a $317.00 price objective on shares of Zebra Technologies in a research report on Thursday, July 9th. Finally, Zacks Research raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $381.00.

Zebra Technologies Stock Performance

Shares of NASDAQ:ZBRA opened at $354.65 on Thursday. The stock has a market capitalization of $16.89 billion, a P/E ratio of 32.45 and a beta of 1.59. Zebra Technologies Corporation has a 1-year low of $199.05 and a 1-year high of $386.23. The company has a current ratio of 0.52, a quick ratio of 0.33 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $286.36 and a two-hundred day moving average price of $250.79.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 4th. The industrial products company reported $6.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.36 by $1.99. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the prior year, the company posted $3.61 EPS. The company’s revenue was up 20.4% compared to the same quarter last year. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Equities analysts predict that Zebra Technologies Corporation will post 17.22 earnings per share for the current year.

Insider Buying and Selling at Zebra Technologies

In other Zebra Technologies news, Director Linda Connly sold 500 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $377.68, for a total transaction of $188,840.00. Following the completion of the sale, the director owned 3,708 shares in the company, valued at approximately $1,400,437.44. The trade was a 11.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Cho sold 3,500 shares of the stock in a transaction on Friday, August 7th. The shares were sold at an average price of $375.20, for a total value of $1,313,200.00. Following the completion of the transaction, the insider directly owned 5,170 shares in the company, valued at approximately $1,939,784. This trade represents a 40.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 4,500 shares of company stock valued at $1,629,015. 0.91% of the stock is currently owned by insiders.

Zebra Technologies Company Profile

Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.

The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.