True Wealth Design LLC boosted its stake in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 5,550.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 339 shares of the industrial products company’s stock after purchasing an additional 333 shares during the quarter. True Wealth Design LLC’s holdings in Zebra Technologies were worth $105,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Zebra Technologies by 1.9% in 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 buying an additional 35 shares during the period. Allworth Financial LP grew its stake in Zebra Technologies by 29.7% in the first 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 during the period. Horizon Investments LLC grew its stake in Zebra Technologies by 6.5% in the first 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 during the period. Whittier Trust Co. increased its holdings in shares of Zebra Technologies by 15.8% during the first 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, Mission Wealth Management LP raised its position in shares of Zebra Technologies by 3.8% during the second quarter. Mission Wealth Management LP now owns 1,306 shares of the industrial products company’s stock worth $403,000 after purchasing an additional 48 shares during the period. 91.03% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on ZBRA shares. KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Morgan Stanley upped their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Finally, Truist Financial decreased their price objective on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $354.00.
Zebra Technologies Trading Up 0.5%
NASDAQ:ZBRA opened at $259.54 on Friday. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The firm has a 50-day moving average price of $298.13 and a two-hundred day moving average price of $300.39. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.61. The firm has a market cap of $13.20 billion, a price-to-earnings ratio of 26.16 and a beta of 1.80.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) 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 analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company posted $3.49 earnings per share. 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 earnings per share for the current fiscal year.
Zebra Technologies announced that its board has initiated a share repurchase program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Zebra Technologies 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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