IFM Investors Pty Ltd Purchases 299 Shares of Zebra Technologies Corporation $ZBRA

IFM Investors Pty Ltd lifted its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 3.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,342 shares of the industrial products company’s stock after purchasing an additional 299 shares during the period. IFM Investors Pty Ltd’s holdings in Zebra Technologies were worth $3,189,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Alyeska Investment Group L.P. bought a new stake in Zebra Technologies in the first quarter valued at $99,995,000. Victory Capital Management Inc. boosted its holdings in 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 valued at $334,469,000 after acquiring an additional 255,193 shares in the last quarter. Pacer Advisors Inc. boosted its holdings in Zebra Technologies by 5,704.9% in the first quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock valued at $73,286,000 after acquiring an additional 254,895 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Zebra Technologies by 20,849.2% in the first quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company’s stock valued at $72,335,000 after acquiring an additional 254,777 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Zebra Technologies in the first quarter valued at $46,633,000. Institutional investors own 91.03% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Robert W. Baird lifted their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a report on Monday, July 14th. Morgan Stanley raised their price objective on Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Truist Financial raised their price objective on Zebra Technologies from $269.00 to $319.00 and gave the company a “hold” rating in a research report on Wednesday, August 6th. 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. Finally, Barclays set a $301.00 price objective on Zebra Technologies and gave the company an “equal weight” rating in a research report on Tuesday, August 5th. 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 stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $357.44.

Zebra Technologies Price Performance

Shares of NASDAQ:ZBRA opened at $315.41 on Tuesday. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The business has a 50-day simple moving average of $320.83 and a two-hundred day simple moving average of $293.05. 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 market cap of $16.04 billion, a price-to-earnings ratio of 29.78 and a beta of 1.79.

Zebra Technologies (NASDAQ:ZBRA) last issued its earnings results 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 return on equity of 18.95% and a net margin of 10.56%.The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm earned $3.18 EPS. Zebra Technologies’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. On average, analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has approved a stock buyback plan on Tuesday, August 5th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are 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.