Zebra Technologies Corporation $ZBRA Stock Position Reduced by Ethic Inc.

Ethic Inc. decreased its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 21.0% in the second quarter, Holdings Channel reports. The institutional investor owned 5,319 shares of the industrial products company’s stock after selling 1,413 shares during the quarter. Ethic Inc.’s holdings in Zebra Technologies were worth $1,645,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of Zebra Technologies by 1.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock valued at $527,000 after acquiring an additional 35 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Zebra Technologies by 29.7% during the 1st 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 shares of Zebra Technologies by 6.5% during the 1st quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock valued at $212,000 after acquiring an additional 46 shares in the last quarter. Whittier Trust Co. grew its holdings in shares of Zebra Technologies by 15.8% during the 1st quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock valued at $97,000 after acquiring an additional 47 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Zebra Technologies by 81.7% during the 2nd quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 49 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $308.82 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The stock has a market cap of $15.70 billion, a P/E ratio of 29.16 and a beta of 1.75. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The company’s 50-day simple moving average is $307.43 and its 200 day simple moving average is $297.58.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.30. The firm had revenue of $1.29 billion for 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 company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the firm 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, research analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its Board of Directors has authorized a stock buyback 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 shares through open market purchases. Shares buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Morgan Stanley boosted their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research note on Friday. Needham & Company LLC lifted their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Citigroup lifted their price objective on shares of Zebra Technologies from $340.00 to $346.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Finally, Truist Financial lifted their price objective on shares of Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a research note on Wednesday, October 8th. 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 MarketBeat, Zebra Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $369.56.

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.