Wellington Management Group LLP Decreases Stock Holdings in Zebra Technologies Corporation $ZBRA

Wellington Management Group LLP lowered its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 60.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,440 shares of the industrial products company’s stock after selling 6,705 shares during the period. Wellington Management Group LLP’s holdings in Zebra Technologies were worth $1,255,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Korea Investment CORP boosted its position in Zebra Technologies by 21.6% during the 1st quarter. Korea Investment CORP now owns 39,410 shares of the industrial products company’s stock valued at $11,136,000 after buying an additional 7,003 shares during the period. Qtron Investments LLC boosted its position in Zebra Technologies by 7.0% during the 1st quarter. Qtron Investments LLC now owns 2,229 shares of the industrial products company’s stock valued at $630,000 after buying an additional 145 shares during the period. Northern Trust Corp boosted its position in Zebra Technologies by 15.8% during the 1st quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company’s stock valued at $162,718,000 after buying an additional 78,506 shares during the period. Brooklyn Investment Group boosted its position in Zebra Technologies by 101.9% during the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after buying an additional 54 shares during the period. Finally, Prospector Partners LLC boosted its position in Zebra Technologies by 74.9% during the 1st quarter. Prospector Partners LLC now owns 34,110 shares of the industrial products company’s stock valued at $9,638,000 after buying an additional 14,606 shares during the period. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of several analyst reports. Citigroup reissued a “neutral” rating and set a $342.00 price target (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Truist Financial boosted their price objective on shares of Zebra Technologies from $269.00 to $319.00 and gave the company a “hold” rating in a research report on Wednesday, August 6th. BNP Paribas Exane raised shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a research report on Thursday, July 10th. Robert W. Baird boosted their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research report on Monday, July 14th. Finally, BNP Paribas raised shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $357.44.

Zebra Technologies Stock Performance

Shares of ZBRA stock opened at $317.09 on Monday. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76. The stock has a market cap of $16.12 billion, a PE ratio of 29.94 and a beta of 1.79. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The company’s fifty day moving average price is $321.24 and its 200-day moving average price is $292.75.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating 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 firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business posted $3.18 EPS. The company’s quarterly revenue was up 6.2% on a year-over-year basis. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. On average, equities analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared 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 outstanding shares. This repurchase authorization permits the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its stock is undervalued.

Zebra Technologies Company 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.