Acadian Asset Management LLC Has $16.76 Million Position in Zebra Technologies Corporation $ZBRA

Acadian Asset Management LLC increased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 126.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,348 shares of the industrial products company’s stock after purchasing an additional 30,384 shares during the period. Acadian Asset Management LLC owned approximately 0.11% of Zebra Technologies worth $16,756,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Zebra Technologies by 10.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 98,881 shares of the industrial products company’s stock worth $30,491,000 after purchasing an additional 9,093 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Zebra Technologies by 19.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 205 shares of the industrial products company’s stock worth $63,000 after purchasing an additional 33 shares during the period. Aviva PLC increased its holdings in Zebra Technologies by 6.5% during the 2nd quarter. Aviva PLC now owns 37,885 shares of the industrial products company’s stock worth $11,682,000 after purchasing an additional 2,313 shares in the last quarter. Los Angeles Capital Management LLC lifted its holdings in shares of Zebra Technologies by 57.0% in the second quarter. Los Angeles Capital Management LLC now owns 35,709 shares of the industrial products company’s stock valued at $11,011,000 after purchasing an additional 12,965 shares in the last quarter. Finally, Prospera Financial Services Inc acquired a new position in shares of Zebra Technologies during the second quarter worth about $3,846,000. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $255.17 on Wednesday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.61. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The company has a market cap of $12.93 billion, a price-to-earnings ratio of 25.72 and a beta of 1.80. The stock has a fifty day moving average price of $295.96 and a 200-day moving average price of $301.55.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the firm posted $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. As a group, equities analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on ZBRA. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Citigroup lowered their price target on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Barclays reduced their price objective on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. Finally, Truist Financial reduced their price target on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $354.00.

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.