Advisors Capital Management LLC Reduces Stock Position in Zebra Technologies Corporation $ZBRA

Advisors Capital Management LLC trimmed its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 1.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,381 shares of the industrial products company’s stock after selling 283 shares during the period. Advisors Capital Management LLC’s holdings in Zebra Technologies were worth $5,360,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Trust Co. of Toledo NA OH acquired a new stake in Zebra Technologies in the second quarter valued at $25,000. Zions Bancorporation National Association UT acquired a new position in Zebra Technologies during the 1st quarter worth $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Zebra Technologies in the 1st quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Zebra Technologies in the 1st quarter valued at about $30,000. Finally, Brooklyn Investment Group raised its stake in shares of Zebra Technologies by 101.9% in the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Price Performance

Shares of ZBRA opened at $240.56 on Friday. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.03. The stock has a fifty day moving average price of $292.10 and a 200 day moving average price of $300.79. The company has a market cap of $12.19 billion, a P/E ratio of 24.25 and a beta of 1.80.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results 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 company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business 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. On average, research analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its board has initiated a share repurchase plan on Tuesday, August 5th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the industrial products company to purchase 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 stock is undervalued.

Analyst Ratings Changes

A number of research firms recently commented on ZBRA. Citigroup decreased their price target on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. Morgan Stanley lifted their target price on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Needham & Company LLC upped their price target 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, KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Zebra Technologies has an average rating of “Moderate Buy” and an average price target of $354.00.

About Zebra Technologies

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.