True Wealth Design LLC boosted its position in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 5,550.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 339 shares of the industrial products company’s stock after acquiring an additional 333 shares during the period. True Wealth Design LLC’s holdings in Zebra Technologies were worth $105,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savant Capital LLC raised its position in shares of Zebra Technologies by 499.7% in the second quarter. Savant Capital LLC now owns 7,010 shares of the industrial products company’s stock valued at $2,162,000 after purchasing an additional 5,841 shares during the period. Andra AP fonden grew its stake in Zebra Technologies by 64.3% in the 2nd quarter. Andra AP fonden now owns 21,200 shares of the industrial products company’s stock valued at $6,537,000 after buying an additional 8,300 shares in the last quarter. Resona Asset Management Co. Ltd. raised its holdings in Zebra Technologies by 7.5% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 17,042 shares of the industrial products company’s stock valued at $5,257,000 after acquiring an additional 1,184 shares during the period. Cornercap Investment Counsel Inc. purchased a new stake in shares of Zebra Technologies during the second quarter worth $912,000. Finally, First Horizon Advisors Inc. boosted its holdings in shares of Zebra Technologies by 49.0% in the second quarter. First Horizon Advisors Inc. now owns 292 shares of the industrial products company’s stock worth $90,000 after acquiring an additional 96 shares during the period. Institutional investors own 91.03% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on ZBRA shares. Citigroup decreased their price objective on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Truist Financial decreased their price target on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating on the stock in a research report on Wednesday, October 29th. Morgan Stanley raised their price objective 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. Zacks Research lowered shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Finally, Needham & Company LLC increased their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $354.00.
Zebra Technologies Stock Up 0.5%
ZBRA opened at $259.54 on Friday. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76. The company has a current ratio of 1.61, a quick ratio of 1.03 and a debt-to-equity ratio of 0.56. The business’s 50-day moving average price is $298.13 and its 200-day moving average price is $300.39. The company has a market cap of $13.20 billion, a P/E ratio of 26.16 and a beta of 1.80.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last issued its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.75 by $0.13. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.Zebra Technologies’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted $3.49 EPS. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, equities analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current year.
Zebra Technologies announced that its Board of Directors has authorized a stock buyback plan on Tuesday, August 5th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership 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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