Global Retirement Partners LLC Takes Position in Zebra Technologies Corporation $ZBRA

Global Retirement Partners LLC purchased a new position in Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,125 shares of the industrial products company’s stock, valued at approximately $655,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Avantax Advisory Services Inc. grew its stake in Zebra Technologies by 7.5% during the first quarter. Avantax Advisory Services Inc. now owns 2,248 shares of the industrial products company’s stock valued at $635,000 after acquiring an additional 156 shares in the last quarter. HB Wealth Management LLC boosted its holdings in shares of Zebra Technologies by 32.1% during the 1st quarter. HB Wealth Management LLC now owns 1,821 shares of the industrial products company’s stock valued at $515,000 after purchasing an additional 443 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Zebra Technologies by 5.5% during the 1st quarter. Mackenzie Financial Corp now owns 8,434 shares of the industrial products company’s stock valued at $2,383,000 after purchasing an additional 443 shares during the last quarter. Federated Hermes Inc. grew its position in shares of Zebra Technologies by 350.0% during the first quarter. Federated Hermes Inc. now owns 1,872 shares of the industrial products company’s stock valued at $529,000 after purchasing an additional 1,456 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in shares of Zebra Technologies by 317.4% in the first quarter. GSA Capital Partners LLP now owns 2,788 shares of the industrial products company’s stock worth $788,000 after purchasing an additional 2,120 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Insider Activity

In related news, Director Satish Dhanasekaran purchased 1,000 shares of Zebra Technologies stock in a transaction dated Tuesday, November 18th. The stock was purchased at an average cost of $233.12 per share, with a total value of $233,120.00. Following the transaction, the director owned 3,356 shares in the company, valued at approximately $782,350.72. The trade was a 42.44% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.84% of the company’s stock.

Zebra Technologies Stock Up 1.1%

Shares of NASDAQ:ZBRA opened at $253.24 on Friday. The business’s 50 day moving average is $277.13 and its 200 day moving average is $299.45. The stock has a market cap of $12.83 billion, a P/E ratio of 25.53 and a beta of 1.80. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last released its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share 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 during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the company posted $3.49 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. Sell-side analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its board has initiated a stock repurchase plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on ZBRA shares. Morgan Stanley raised their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Citigroup dropped their price objective on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Finally, Zacks Research cut Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. One equities research 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 given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $354.00.

Get Our Latest Research Report on Zebra Technologies

About Zebra Technologies

(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.

Further Reading

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

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