Highland Capital Management LLC Acquires 2,290 Shares of Zebra Technologies Corporation $ZBRA

Highland Capital Management LLC boosted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 50.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,795 shares of the industrial products company’s stock after buying an additional 2,290 shares during the period. Highland Capital Management LLC’s holdings in Zebra Technologies were worth $2,095,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Zebra Technologies by 1.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock valued at $527,000 after buying an additional 35 shares during the last quarter. Allworth Financial LP boosted its stake in Zebra Technologies by 29.7% in the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 44 shares in the last quarter. Horizon Investments LLC grew its holdings in Zebra Technologies by 6.5% in the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock worth $212,000 after purchasing an additional 46 shares during the last quarter. Whittier Trust Co. increased its position in shares of Zebra Technologies by 15.8% during the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock worth $97,000 after purchasing an additional 47 shares in the last quarter. Finally, Net Worth Advisory Group lifted its holdings in shares of Zebra Technologies by 2.9% during the 1st quarter. Net Worth Advisory Group now owns 1,788 shares of the industrial products company’s stock valued at $505,000 after purchasing an additional 50 shares during the last quarter. 91.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ZBRA. Citigroup reaffirmed a “neutral” rating and set a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a report on Thursday, July 10th. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. Morgan Stanley upped their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Finally, Truist Financial lifted their price objective on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a research note on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $357.44.

Zebra Technologies Stock Performance

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

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the company posted $3.18 EPS. Zebra Technologies’s quarterly 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. Equities analysts anticipate 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 buyback program on Tuesday, August 5th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the industrial products company to repurchase up to 1.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Zebra Technologies 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.