Banco Bilbao Vizcaya Argentaria S.A. decreased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 10.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 15,692 shares of the industrial products company’s stock after selling 1,801 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Zebra Technologies were worth $4,842,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp lifted its stake in shares of Zebra Technologies by 31.9% in the second quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock worth $1,271,000 after acquiring an additional 996 shares in the last quarter. Ground Swell Capital LLC raised its position in shares of Zebra Technologies by 128.3% in the 2nd quarter. Ground Swell Capital LLC now owns 1,737 shares of the industrial products company’s stock valued at $536,000 after purchasing an additional 976 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Zebra Technologies by 10.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 98,881 shares of the industrial products company’s stock valued at $30,491,000 after purchasing an additional 9,093 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in shares of Zebra Technologies during the 1st quarter valued at approximately $4,121,000. Finally, Focus Partners Wealth grew its position in shares of Zebra Technologies by 18.1% during the first quarter. Focus Partners Wealth now owns 18,059 shares of the industrial products company’s stock worth $5,103,000 after buying an additional 2,762 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
ZBRA has been the topic of a number of research analyst reports. Barclays reduced their price objective on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Citigroup reduced 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 report on Wednesday, October 29th. Zacks Research lowered Zebra Technologies from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. KeyCorp reaffirmed a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Finally, Truist Financial decreased their target price 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 analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $354.00.
Zebra Technologies Stock Performance
Shares of ZBRA stock opened at $240.56 on Friday. The company has a market cap of $12.19 billion, a P/E ratio of 24.25 and a beta of 1.80. The business has a 50 day moving average of $292.10 and a two-hundred day moving average of $301.11. 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 1.61 and a debt-to-equity ratio of 0.56.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.75 by $0.13. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same quarter last year, the business posted $3.49 EPS. The business’s revenue was up 5.2% on a year-over-year basis. 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, analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current year.
Zebra Technologies declared that its Board of Directors has initiated a stock 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 buy up to 1.4% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s board believes its stock is 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.
Further Reading
- Five stocks we like better than Zebra Technologies
- What is a Special Dividend?
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
- Canadian Penny Stocks: Can They Make You Rich?
- 3 Under-the-Radar AI Stocks to Buy on the Dip
- How to Calculate Stock Profit
- Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever
Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
