Zebra Technologies Corporation $ZBRA Stock Holdings Lifted by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS raised its position in Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 1.7% during the second quarter, HoldingsChannel.com reports. The firm owned 17,650 shares of the industrial products company’s stock after buying an additional 300 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Zebra Technologies were worth $5,443,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Zebra Technologies by 1.9% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock worth $527,000 after buying an additional 35 shares during the last quarter. Allworth Financial LP lifted its position in shares of Zebra Technologies by 29.7% in the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock worth $54,000 after buying an additional 44 shares during the last quarter. Horizon Investments LLC lifted its position in shares of Zebra Technologies by 6.5% in the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock worth $212,000 after buying an additional 46 shares during the last quarter. Whittier Trust Co. lifted its position in shares of Zebra Technologies by 15.8% in the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock worth $97,000 after buying an additional 47 shares during the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of Zebra Technologies by 101.9% in the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after buying an additional 54 shares during the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Down 7.7%

Zebra Technologies stock opened at $275.89 on Friday. The business has a 50 day moving average price of $311.94 and a two-hundred day moving average price of $294.39. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The stock has a market cap of $14.03 billion, a price-to-earnings ratio of 26.05 and a beta of 1.75. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76.

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

Zebra Technologies declared that its board has approved a stock 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 buy up to 1.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts have weighed in on ZBRA shares. Morgan Stanley boosted their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Barclays set a $375.00 price target on Zebra Technologies in a research report on Tuesday. Zacks Research raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 12th. Citigroup boosted their price objective on Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a research report on Thursday. Finally, Robert W. Baird boosted their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research report on Monday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $369.56.

Check Out Our Latest Analysis on Zebra Technologies

Zebra Technologies Company 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.

Further Reading

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

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