Zebra Technologies Corporation $ZBRA Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. lessened its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,284 shares of the industrial products company’s stock after selling 238 shares during the period. Alliancebernstein L.P. owned 0.11% of Zebra Technologies worth $15,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Zebra Technologies by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company’s stock valued at $1,798,627,000 after acquiring an additional 104,940 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Zebra Technologies by 27.5% in the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company’s stock worth $334,469,000 after purchasing an additional 255,193 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Zebra Technologies by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company’s stock valued at $276,375,000 after purchasing an additional 43,500 shares during the period. Northern Trust Corp increased its holdings in shares of Zebra Technologies by 15.8% during the first quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company’s stock valued at $162,718,000 after purchasing an additional 78,506 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in shares of Zebra Technologies by 36.4% during the first quarter. Bank of New York Mellon Corp now owns 442,788 shares of the industrial products company’s stock valued at $125,114,000 after purchasing an additional 118,247 shares in the last quarter. 91.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup reiterated a “neutral” rating and issued a $342.00 target price (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. Truist Financial boosted their target price on Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. Needham & Company LLC upped their target price on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Robert W. Baird lifted their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research report on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Zebra Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $357.44.

Zebra Technologies Trading Up 3.2%

Shares of NASDAQ:ZBRA opened at $316.01 on Friday. 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 stock has a market capitalization of $16.07 billion, a price-to-earnings ratio of 29.84 and a beta of 1.78. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The company has a 50 day moving average price of $321.63 and a 200 day moving average price of $292.63.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.30. The company had revenue of $1.29 billion for 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 firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.18 earnings per share. 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, research analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its board has authorized a share buyback plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

About Zebra Technologies

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.