Aberdeen Group plc Boosts Stake in Zebra Technologies Corporation $ZBRA

Aberdeen Group plc raised its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,553 shares of the industrial products company’s stock after purchasing an additional 1,001 shares during the quarter. Aberdeen Group plc owned 0.08% of Zebra Technologies worth $11,888,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Zebra Technologies by 1.9% during 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 acquiring an additional 35 shares during the last quarter. Allworth Financial LP grew its stake in shares of Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock worth $54,000 after acquiring an additional 44 shares during the last quarter. Horizon Investments LLC grew its stake in shares of Zebra Technologies by 6.5% during the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock worth $212,000 after acquiring an additional 46 shares during the last quarter. Whittier Trust Co. grew its stake 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 worth $97,000 after acquiring an additional 47 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in shares of Zebra Technologies by 81.7% during the second quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock worth $34,000 after acquiring an additional 49 shares during the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Price Performance

NASDAQ:ZBRA opened at $293.35 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The firm has a market cap of $14.92 billion, a price-to-earnings ratio of 27.70 and a beta of 1.75. The company has a 50 day moving average price of $310.18 and a 200-day moving average price of $294.46. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share 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 analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its Board of Directors has authorized a stock buyback program 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 programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

ZBRA has been the topic of a number of recent research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Barclays set a $375.00 target price on Zebra Technologies in a research report on Tuesday, October 7th. Truist Financial upped their target price on Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a research report on Wednesday, October 8th. Finally, Zacks Research lowered Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $369.56.

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.