Ameritas Advisory Services LLC Buys New Stake in Zebra Technologies Corporation $ZBRA

Ameritas Advisory Services LLC bought a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 137 shares of the industrial products company’s stock, valued at approximately $42,000.

Other hedge funds also recently made changes to their positions in the company. Zions Bancorporation National Association UT purchased a new position in Zebra Technologies during the 1st quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Zebra Technologies during the first quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Zebra Technologies during the first quarter worth approximately $30,000. Brooklyn Investment Group grew its position 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 acquiring an additional 54 shares during the last quarter. Finally, Steph & Co. purchased a new position in shares of Zebra Technologies during the second quarter worth approximately $54,000. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Trading Up 2.2%

Shares of Zebra Technologies stock opened at $281.96 on Tuesday. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The company’s 50-day simple moving average is $310.75 and its 200-day simple moving average is $294.51. The firm has a market cap of $14.34 billion, a price-to-earnings ratio of 26.63 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, beating 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 company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the company earned $3.18 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on ZBRA. Needham & Company LLC raised their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Morgan Stanley raised their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Zacks Research raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Robert W. Baird raised their price target on 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 raised Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price target on the stock in a report on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $369.56.

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.