Signaturefd LLC increased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 34.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 672 shares of the industrial products company’s stock after purchasing an additional 173 shares during the period. Signaturefd LLC’s holdings in Zebra Technologies were worth $207,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. grew its holdings in Zebra Technologies by 1.7% during the first quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company’s stock worth $1,798,627,000 after purchasing an additional 104,940 shares during the period. Victory Capital Management Inc. grew its holdings in Zebra Technologies by 27.5% during 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 during the period. JPMorgan Chase & Co. grew its holdings in Zebra Technologies by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company’s stock worth $276,375,000 after purchasing an additional 43,500 shares during the period. Northern Trust Corp grew its holdings in Zebra Technologies by 15.8% during the first quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company’s stock worth $162,718,000 after purchasing an additional 78,506 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings 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 worth $125,114,000 after acquiring an additional 118,247 shares during the period. Institutional investors own 91.03% of the company’s stock.
Wall Street Analyst Weigh In
ZBRA has been the subject of a number of research analyst reports. Zacks Research upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Morgan Stanley boosted their price objective on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. BNP Paribas Exane upgraded 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. Robert W. Baird boosted their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a report on Monday, July 14th. Finally, Barclays set a $301.00 price objective on Zebra Technologies and gave the stock an “equal weight” rating in a report on Tuesday, August 5th. Two investment analysts have 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, the company presently has an average rating of “Moderate Buy” and an average target price of $357.44.
Zebra Technologies Stock Up 1.4%
Shares of ZBRA opened at $295.85 on Friday. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $427.76. The company has a market cap of $15.04 billion, a P/E ratio of 27.94 and a beta of 1.75. 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 $316.40 and a two-hundred day simple moving average of $294.02.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating the consensus estimate of $3.31 by $0.30. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business 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. Research 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 initiated a stock repurchase program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.
Zebra Technologies Company 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.
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