HighTower Advisors LLC Has $1.94 Million Stake in Zebra Technologies Corporation $ZBRA

HighTower Advisors LLC decreased its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 33.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,851 shares of the industrial products company’s stock after selling 3,372 shares during the period. HighTower Advisors LLC’s holdings in Zebra Technologies were worth $1,936,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ZBRA. NewEdge Advisors LLC raised its holdings in shares of Zebra Technologies by 7.2% during the fourth quarter. NewEdge Advisors LLC now owns 942 shares of the industrial products company’s stock valued at $364,000 after purchasing an additional 63 shares during the period. GeoWealth Management LLC raised its holdings in shares of Zebra Technologies by 103.8% during the fourth quarter. GeoWealth Management LLC now owns 161 shares of the industrial products company’s stock valued at $62,000 after purchasing an additional 82 shares during the period. First Trust Advisors LP raised its holdings in shares of Zebra Technologies by 314.9% during the fourth quarter. First Trust Advisors LP now owns 55,700 shares of the industrial products company’s stock valued at $21,512,000 after purchasing an additional 42,276 shares during the period. TD Waterhouse Canada Inc. raised its holdings in shares of Zebra Technologies by 13.2% during the fourth quarter. TD Waterhouse Canada Inc. now owns 787 shares of the industrial products company’s stock valued at $304,000 after purchasing an additional 92 shares during the period. Finally, MGO One Seven LLC acquired a new position in shares of Zebra Technologies during the fourth quarter valued at about $282,000. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Trading Up 4.6%

Shares of ZBRA stock opened at $322.79 on Friday. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The company has a 50-day simple moving average of $318.43 and a two-hundred day simple moving average of $294.38. The company has a market capitalization of $16.41 billion, a price-to-earnings ratio of 30.48 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm posted $3.18 EPS. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Research analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its Board of Directors has initiated a share buyback program on Tuesday, August 5th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. UBS Group dropped their price objective on shares of Zebra Technologies from $425.00 to $410.00 and set a “buy” rating on the stock in a report on Wednesday, April 30th. Citigroup restated a “neutral” rating and issued a $342.00 target price (up previously from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Robert W. Baird upped their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a report on Monday, July 14th. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Finally, Wall Street Zen lowered shares of Zebra Technologies from a “buy” rating to a “hold” rating in a report on Thursday, May 1st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $357.44.

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.