Fenimore Asset Management Inc Has $108.43 Million Stock Position in Zebra Technologies Corporation $ZBRA

Fenimore Asset Management Inc increased its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 8.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 351,633 shares of the industrial products company’s stock after acquiring an additional 28,655 shares during the quarter. Zebra Technologies comprises about 2.2% of Fenimore Asset Management Inc’s investment portfolio, making the stock its 20th largest position. Fenimore Asset Management Inc owned approximately 0.69% of Zebra Technologies worth $108,430,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Alyeska Investment Group L.P. bought a new position in shares of Zebra Technologies in the 1st quarter valued at about $99,995,000. Victory Capital Management Inc. lifted its holdings in Zebra Technologies by 27.5% in the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company’s stock valued at $334,469,000 after buying an additional 255,193 shares during the period. Pacer Advisors Inc. boosted its stake in Zebra Technologies by 5,704.9% in the first quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock valued at $73,286,000 after acquiring an additional 254,895 shares during the last quarter. Nuveen LLC acquired a new stake in Zebra Technologies during the 1st quarter worth $46,633,000. Finally, AQR Capital Management LLC raised its position in shares of Zebra Technologies by 381.6% during the 1st quarter. AQR Capital Management LLC now owns 201,652 shares of the industrial products company’s stock valued at $55,892,000 after acquiring an additional 159,781 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

ZBRA opened at $305.01 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The business’s 50-day simple moving average is $315.79 and its 200 day simple moving average is $294.30. The firm has a market capitalization of $15.51 billion, a PE ratio of 28.80 and a beta of 1.75. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the business posted $3.18 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. As a group, sell-side analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies declared that its board has authorized a stock repurchase program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

ZBRA has been the topic of several recent research reports. Morgan Stanley raised their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Robert W. Baird upped their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research note on Monday, July 14th. BNP Paribas Exane raised shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a research note on Thursday, July 10th. Finally, Barclays set a $301.00 price objective on shares of Zebra Technologies and gave the company an “equal weight” rating in a report on Tuesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $357.44.

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.