SlateStone Wealth LLC Raises Position in Zebra Technologies Corporation $ZBRA

SlateStone Wealth LLC raised its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 7.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,832 shares of the industrial products company’s stock after buying an additional 703 shares during the quarter. SlateStone Wealth LLC’s holdings in Zebra Technologies were worth $3,032,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Trust Co. of Toledo NA OH purchased a new position in shares of Zebra Technologies during the 2nd quarter valued at about $25,000. Zions Bancorporation National Association UT purchased a new position in shares of Zebra Technologies during the first quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Zebra Technologies in the 1st quarter worth approximately $29,000. Brooklyn Investment Group boosted its stake in shares of 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 purchasing an additional 54 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Zebra Technologies by 81.7% during the 2nd quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Insider Buying and Selling at Zebra Technologies

In other news, Director Satish Dhanasekaran bought 1,000 shares of Zebra Technologies stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the acquisition, the director owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. The trade was a 42.44% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.84% of the company’s stock.

Zebra Technologies Trading Up 0.6%

NASDAQ ZBRA opened at $242.45 on Tuesday. The stock has a market cap of $12.28 billion, a P/E ratio of 24.44 and a beta of 1.80. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The stock has a 50 day simple moving average of $282.60 and a two-hundred day simple moving average of $300.60. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.61.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last posted 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. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the previous year, the firm earned $3.49 earnings per share. The business’s revenue was up 5.2% compared to the same quarter last year. 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, analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on ZBRA shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. Barclays dropped their target price on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a report on Wednesday, October 29th. Zacks Research cut Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Citigroup lowered their price objective on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Finally, Needham & Company LLC raised their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $354.00.

View Our Latest Report on Zebra Technologies

Zebra Technologies Profile

(Free Report)

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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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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