Zebra Technologies Corporation $ZBRA Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC decreased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 1.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,040 shares of the industrial products company’s stock after selling 199 shares during the period. Voya Investment Management LLC’s holdings in Zebra Technologies were worth $5,097,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Investment Management Corp VA ADV acquired a new position in shares of Zebra Technologies in the fourth quarter worth $27,000. Zions Bancorporation National Association UT acquired a new position in shares of Zebra Technologies during the first quarter worth $27,000. Cary Street Partners Investment Advisory LLC acquired a new position in shares of Zebra Technologies during the first quarter worth $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Zebra Technologies during the first quarter worth $30,000. Finally, Brooklyn Investment Group grew its stake in shares of Zebra Technologies by 101.9% during the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Trading Up 1.8%

Shares of ZBRA opened at $322.88 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The firm has a 50 day simple moving average of $321.15 and a 200-day simple moving average of $292.83. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The stock has a market cap of $16.42 billion, a price-to-earnings ratio of 30.49 and a beta of 1.78.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share 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 analysts’ expectations of $1.29 billion. During the same period last year, the company posted $3.18 EPS. The company’s 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. Equities analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ZBRA. Robert W. Baird boosted their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research note 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. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 target price for the company in a research note on Thursday, July 10th. Needham & Company LLC boosted their target price 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. Finally, Citigroup reiterated a “neutral” rating and set a $342.00 target price (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Two analysts have 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.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $357.44.

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.