Blue Trust Inc. Increases Position in Zebra Technologies Corporation $ZBRA

Blue Trust Inc. raised its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 81.7% during the second quarter, HoldingsChannel reports. The firm owned 109 shares of the industrial products company’s stock after buying an additional 49 shares during the quarter. Blue Trust Inc.’s holdings in Zebra Technologies were worth $34,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Triodos Investment Management BV purchased a new stake in shares of Zebra Technologies in the 2nd quarter valued at approximately $7,401,000. IFP Advisors Inc grew its position in shares of Zebra Technologies by 64.1% in the 2nd quarter. IFP Advisors Inc now owns 233 shares of the industrial products company’s stock valued at $72,000 after buying an additional 91 shares during the last quarter. Callan Family Office LLC grew its position in shares of Zebra Technologies by 22.4% in the 2nd quarter. Callan Family Office LLC now owns 5,866 shares of the industrial products company’s stock valued at $1,809,000 after buying an additional 1,074 shares during the last quarter. Venturi Wealth Management LLC grew its position in shares of Zebra Technologies by 61.3% in the 2nd quarter. Venturi Wealth Management LLC now owns 2,100 shares of the industrial products company’s stock valued at $648,000 after buying an additional 798 shares during the last quarter. Finally, KLP Kapitalforvaltning AS grew its position in shares of Zebra Technologies by 1.7% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 17,650 shares of the industrial products company’s stock valued at $5,443,000 after buying an additional 300 shares during the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Stock Down 0.2%

Shares of NASDAQ:ZBRA opened at $293.31 on Friday. The company has a market cap of $14.91 billion, a price-to-earnings ratio of 27.70 and a beta of 1.75. The firm’s 50-day simple moving average is $309.25 and its 200-day simple moving average is $294.66. 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 Corporation has a fifty-two week low of $205.73 and a fifty-two 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 EPS for the quarter, beating the consensus estimate of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $3.18 earnings per share. 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, equities research analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has initiated a stock repurchase program on Tuesday, August 5th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. BNP Paribas Exane raised shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 target price on the stock in a research report on Thursday, July 10th. Morgan Stanley increased their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Needham & Company LLC increased their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Truist Financial increased their target price on shares of Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Finally, Citigroup increased their target price on shares of Zebra Technologies from $340.00 to $346.00 and gave the company a “neutral” rating in a research report on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $369.56.

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.