Zebra Technologies Corporation $ZBRA Stake Boosted by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 3.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,463 shares of the industrial products company’s stock after acquiring an additional 212 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Zebra Technologies were worth $1,993,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brown Advisory Inc. boosted its holdings in Zebra Technologies by 8.7% in the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company’s stock worth $495,000 after purchasing an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Zebra Technologies by 33.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company’s stock worth $2,236,000 after purchasing an additional 1,964 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Zebra Technologies by 1.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company’s stock worth $981,000 after purchasing an additional 66 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in Zebra Technologies by 6.3% in the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company’s stock worth $6,024,000 after purchasing an additional 1,267 shares in the last quarter. Finally, Private Client Services LLC bought a new stake in Zebra Technologies in the second quarter worth $1,054,000. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ZBRA shares. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Zacks Research upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Barclays set a $301.00 price objective on shares of Zebra Technologies and gave the stock an “equal weight” rating in a report on Tuesday, August 5th. Robert W. Baird upped their price objective 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. Finally, BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective for the company in a report on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $357.44.

Zebra Technologies Stock Down 1.3%

NASDAQ ZBRA opened at $318.54 on Monday. 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 firm has a 50-day simple moving average of $320.97 and a 200 day simple moving average of $292.89. The stock has a market cap of $16.20 billion, a PE ratio of 30.08 and a beta of 1.79. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings data 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 analyst estimates of $1.29 billion. During the same period in the prior year, the company posted $3.18 EPS. The company’s 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. On average, research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its board has authorized a stock repurchase plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in outstanding shares. This repurchase authorization authorizes the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its stock is undervalued.

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.