Zebra Technologies Corporation $ZBRA Shares Sold by Cromwell Holdings LLC

Cromwell Holdings LLC lessened its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 22.9% in the 2nd quarter, Holdings Channel reports. The firm owned 128 shares of the industrial products company’s stock after selling 38 shares during the period. Cromwell Holdings LLC’s holdings in Zebra Technologies were worth $39,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT acquired a new stake in shares of Zebra Technologies during the first quarter worth about $27,000. Cary Street Partners Investment Advisory LLC purchased a new stake in Zebra Technologies during the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Zebra Technologies during the 1st quarter worth approximately $30,000. Brooklyn Investment Group boosted its position in Zebra Technologies by 101.9% in the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after buying an additional 54 shares during the period. Finally, Steph & Co. acquired a new position in shares of Zebra Technologies in the second quarter worth $54,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a research note on Saturday, September 27th. Citigroup reiterated a “neutral” rating and issued a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. BNP Paribas raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Barclays set a $301.00 target price on shares of Zebra Technologies and gave the company an “equal weight” rating in a report on Tuesday, August 5th. Finally, Truist Financial boosted their price target on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $357.44.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $305.01 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. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The firm’s 50 day moving average is $315.79 and its two-hundred day moving average is $294.18. The firm has a market capitalization of $15.51 billion, a P/E ratio of 28.80 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the business posted $3.18 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its Board of Directors has initiated a share repurchase plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the industrial products company to repurchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

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.