Strs Ohio Purchases Shares of 3,385 Zebra Technologies Corporation $ZBRA

Strs Ohio bought a new position in Zebra Technologies Corporation (NASDAQ:ZBRA) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,385 shares of the industrial products company’s stock, valued at approximately $956,000.

Several other institutional investors have also recently made changes to their positions in ZBRA. Tidal Investments LLC raised its position in shares of Zebra Technologies by 100.1% in the 4th quarter. Tidal Investments LLC now owns 3,722 shares of the industrial products company’s stock worth $1,438,000 after acquiring an additional 1,862 shares in the last quarter. Vident Advisory LLC increased its position in Zebra Technologies by 13.0% during the 4th quarter. Vident Advisory LLC now owns 1,051 shares of the industrial products company’s stock valued at $406,000 after buying an additional 121 shares in the last quarter. Woodline Partners LP bought a new position in Zebra Technologies during the 4th quarter valued at approximately $10,922,000. Worldquant Millennium Advisors LLC increased its position in Zebra Technologies by 1,492.8% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 38,386 shares of the industrial products company’s stock valued at $14,825,000 after buying an additional 35,976 shares in the last quarter. Finally, GTS Securities LLC increased its position in Zebra Technologies by 5.0% during the 4th quarter. GTS Securities LLC now owns 794 shares of the industrial products company’s stock valued at $307,000 after buying an additional 38 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $322.88 on Friday. The company has a market capitalization of $16.42 billion, a PE ratio of 30.49 and a beta of 1.78. 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 business’s fifty day moving average is $321.15 and its 200 day moving average is $292.83. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last released 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. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the business earned $3.18 earnings per share. Zebra Technologies’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. Sell-side analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has initiated a stock 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 repurchase up to 1.4% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of research analysts recently weighed in on ZBRA shares. Citigroup reaffirmed a “neutral” rating and set a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Needham & Company LLC raised their price objective on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. BNP Paribas Exane upgraded Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 target price on the stock in a research note on Thursday, July 10th. Barclays set a $301.00 target price on Zebra Technologies and gave the stock an “equal weight” rating in a report on Tuesday, August 5th. Finally, Truist Financial lifted 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. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently 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.