Nisa Investment Advisors LLC grew its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 3.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 25,455 shares of the industrial products company’s stock after purchasing an additional 908 shares during the period. Nisa Investment Advisors LLC’s holdings in Zebra Technologies were worth $7,849,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of ZBRA. Trust Co. of Toledo NA OH bought a new position in shares of Zebra Technologies in the 2nd quarter valued at about $25,000. Zions Bancorporation National Association UT acquired a new position in Zebra Technologies during the first quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC bought a new position in Zebra Technologies in the first quarter valued at approximately $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Zebra Technologies during the 1st quarter worth approximately $30,000. Finally, Brooklyn Investment Group raised its stake in shares of Zebra Technologies by 101.9% during the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 54 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts recently weighed in on ZBRA shares. Robert W. Baird raised their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research note on Monday, July 14th. Barclays set a $375.00 price objective on shares of Zebra Technologies in a research report on Tuesday, October 7th. Zacks Research lowered shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Morgan Stanley boosted their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Finally, BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Zebra Technologies currently has an average rating of “Moderate Buy” and an average target price of $369.56.
Zebra Technologies Stock Performance
Shares of ZBRA stock opened at $310.57 on Tuesday. The company has a market capitalization of $15.79 billion, a price-to-earnings ratio of 29.33 and a beta of 1.75. 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 company has a 50-day simple moving average of $307.29 and a 200 day simple moving average of $298.42. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping the consensus estimate of $3.31 by $0.30. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. Zebra Technologies’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.18 EPS. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. On average, sell-side analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.
Zebra Technologies announced that its Board of Directors has approved a stock repurchase program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.
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.
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