Segall Bryant & Hamill LLC Has $26.73 Million Holdings in Zebra Technologies Co. (NASDAQ:ZBRA)

Segall Bryant & Hamill LLC lifted its holdings in shares of Zebra Technologies Co. (NASDAQ:ZBRA) by 74.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 69,205 shares of the industrial products company’s stock after purchasing an additional 29,478 shares during the quarter. Segall Bryant & Hamill LLC owned 0.13% of Zebra Technologies worth $26,728,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pathstone Holdings LLC raised its holdings in Zebra Technologies by 11.6% in the 3rd quarter. Pathstone Holdings LLC now owns 4,379 shares of the industrial products company’s stock valued at $1,622,000 after acquiring an additional 456 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Zebra Technologies in the third quarter valued at about $504,000. Raymond James Trust N.A. lifted its position in Zebra Technologies by 9.6% during the third quarter. Raymond James Trust N.A. now owns 1,589 shares of the industrial products company’s stock worth $588,000 after purchasing an additional 139 shares during the period. Meridian Wealth Management LLC acquired a new stake in Zebra Technologies during the third quarter worth about $257,000. Finally, Cerity Partners LLC increased its holdings in Zebra Technologies by 45.3% in the 3rd quarter. Cerity Partners LLC now owns 10,668 shares of the industrial products company’s stock valued at $3,950,000 after buying an additional 3,328 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Price Performance

Shares of NASDAQ:ZBRA opened at $297.41 on Tuesday. 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 52 week low of $266.75 and a 52 week high of $427.76. The firm has a market cap of $15.28 billion, a PE ratio of 29.22 and a beta of 1.68. The firm’s fifty day moving average is $341.34 and its 200-day moving average is $367.29.

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

Insider Activity at Zebra Technologies

In other news, Director Anders Gustafsson bought 500 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average price of $311.00 per share, with a total value of $155,500.00. Following the completion of the purchase, the director now directly owns 202,176 shares of the company’s stock, valued at approximately $62,876,736. This represents a 0.25 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 1.06% of the stock is currently owned by company insiders.

Analyst Ratings Changes

ZBRA has been the topic of several analyst reports. Robert W. Baird reduced their price target on shares of Zebra Technologies from $432.00 to $380.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Morgan Stanley decreased their price target on Zebra Technologies from $427.00 to $390.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. Barclays dropped their price objective on Zebra Technologies from $407.00 to $326.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Citigroup initiated coverage on Zebra Technologies in a research report on Tuesday, January 14th. They issued a “neutral” rating and a $430.00 target price on the stock. Finally, Truist Financial dropped their target price on shares of Zebra Technologies from $409.00 to $379.00 and set a “hold” rating for the company in a report on Friday, February 14th. Five equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $381.42.

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.