Zebra Technologies Corporation $ZBRA Shares Purchased by Blue Trust Inc.

Blue Trust Inc. increased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 81.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 109 shares of the industrial products company’s stock after acquiring an additional 49 shares during the quarter. Blue Trust Inc.’s holdings in Zebra Technologies were worth $34,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZBRA. Wealth Enhancement Advisory Services LLC boosted its holdings in Zebra Technologies by 33.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company’s stock valued at $2,236,000 after purchasing an additional 1,964 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Zebra Technologies by 2.3% in the 1st quarter. State of Alaska Department of Revenue now owns 6,018 shares of the industrial products company’s stock valued at $1,700,000 after purchasing an additional 135 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in Zebra Technologies in the 1st quarter valued at about $92,000. Norway Savings Bank boosted its holdings in Zebra Technologies by 21.1% in the 1st quarter. Norway Savings Bank now owns 3,298 shares of the industrial products company’s stock valued at $932,000 after purchasing an additional 575 shares during the last quarter. Finally, Heartland Bank & Trust Co boosted its holdings in Zebra Technologies by 27.0% in the 1st quarter. Heartland Bank & Trust Co now owns 946 shares of the industrial products company’s stock valued at $267,000 after purchasing an additional 201 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Price Performance

Shares of ZBRA opened at $293.31 on Friday. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The firm’s 50 day moving average price is $309.25 and its 200 day moving average price is $294.66. The company has a market cap of $14.91 billion, a P/E ratio of 27.70 and a beta of 1.75. 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 (NASDAQ:ZBRA) last announced its earnings results 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. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $3.18 EPS. The firm’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. On average, 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 approved a share buyback plan 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 shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages have recently commented on ZBRA. Robert W. Baird upped their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a report on Monday, July 14th. Citigroup upped their price objective on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a report on Thursday, July 10th. Finally, BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.