Savant Capital LLC boosted its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 499.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,010 shares of the industrial products company’s stock after acquiring an additional 5,841 shares during the quarter. Savant Capital LLC’s holdings in Zebra Technologies were worth $2,162,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Brown Advisory Inc. boosted its stake in shares of Zebra Technologies by 8.7% during the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company’s stock valued at $495,000 after purchasing an additional 140 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Zebra Technologies by 31.9% during the second quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock worth $1,271,000 after buying an additional 996 shares during the period. Ground Swell Capital LLC lifted its holdings in Zebra Technologies by 128.3% during the second quarter. Ground Swell Capital LLC now owns 1,737 shares of the industrial products company’s stock worth $536,000 after buying an additional 976 shares during the period. Focus Partners Wealth boosted its position in Zebra Technologies by 18.1% during the 1st quarter. Focus Partners Wealth now owns 18,059 shares of the industrial products company’s stock valued at $5,103,000 after acquiring an additional 2,762 shares in the last quarter. Finally, Private Client Services LLC purchased a new position in shares of Zebra Technologies in the 2nd quarter valued at $1,054,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the company. Barclays decreased their price objective on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Citigroup reduced their target price on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a report on Wednesday, October 29th. KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Robert W. Baird lifted their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research report on Monday, July 14th. Finally, Needham & Company LLC boosted their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $354.00.
Zebra Technologies Stock Performance
ZBRA opened at $260.63 on Tuesday. The company has a market cap of $13.25 billion, a P/E ratio of 26.27 and a beta of 1.80. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. The firm’s 50-day moving average price is $297.00 and its 200-day moving average price is $301.49. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last released its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, topping analysts’ consensus estimates of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $3.49 EPS. Zebra Technologies’s revenue for the quarter 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. As a group, equities analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.
Zebra Technologies declared that its board has initiated a stock repurchase plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are 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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