Zebra Technologies Corporation $ZBRA Shares Bought by Aristeia Capital L.L.C.

Aristeia Capital L.L.C. boosted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 50.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,493 shares of the industrial products company’s stock after purchasing an additional 499 shares during the period. Aristeia Capital L.L.C.’s holdings in Zebra Technologies were worth $422,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ZBRA. Alyeska Investment Group L.P. acquired a new stake in Zebra Technologies during the 1st quarter worth about $99,995,000. Victory Capital Management Inc. grew its position in Zebra Technologies by 27.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company’s stock worth $334,469,000 after purchasing an additional 255,193 shares during the period. Pacer Advisors Inc. grew its position in Zebra Technologies by 5,704.9% during the 1st quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock worth $73,286,000 after purchasing an additional 254,895 shares during the period. GAMMA Investing LLC grew its position in Zebra Technologies by 20,849.2% during the 1st quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company’s stock worth $72,335,000 after purchasing an additional 254,777 shares during the period. Finally, Nuveen LLC acquired a new stake in Zebra Technologies during the 1st quarter worth about $46,633,000. 91.03% of the stock is owned by institutional investors and hedge funds.

Zebra Technologies Trading Up 0.8%

ZBRA stock opened at $313.80 on Monday. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The stock has a market cap of $15.96 billion, a price-to-earnings ratio of 29.63 and a beta of 1.79. The business’s 50-day moving average is $322.03 and its 200 day moving average is $292.34.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the firm posted $3.18 EPS. Zebra Technologies’s 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. On average, sell-side analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

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

Analysts Set New Price Targets

A number of research firms have recently commented on ZBRA. Needham & Company LLC raised their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. BNP Paribas Exane upgraded 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. Robert W. Baird raised their target price on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research report on Monday, July 14th. BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Finally, Barclays set a $301.00 target price on Zebra Technologies and gave the company an “equal weight” rating in a research report on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and a consensus price target of $357.44.

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.