American Century Companies Inc. Has $941,000 Stock Position in Zebra Technologies Corporation $ZBRA

Key Points

• American Century Companies Inc. has increased its stake in Zebra Technologies by 63.3%, acquiring an additional 1,292 shares during the 1st quarter, bringing their total holdings to 3,332 shares valued at approximately $941,000.
• The company's recent quarterly earnings report showed a net income of $3.61 EPS, surpassing analysts' expectations of $3.31 EPS, with revenues matching forecasts at $1.29 billion.
• A stock buyback plan was approved by Zebra Technologies' board, allowing for the repurchase of up to $250 million in shares, indicating the company's belief in their stock's undervaluation.

American Century Companies Inc. grew its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 63.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,332 shares of the industrial products company's stock after purchasing an additional 1,292 shares during the period. American Century Companies Inc.'s holdings in Zebra Technologies were worth $941,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. boosted its stake in shares of Zebra Technologies by 5.7% in the 4th quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock valued at $251,000 after purchasing an additional 35 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. increased its holdings in Zebra Technologies by 1.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock valued at $527,000 after purchasing an additional 35 shares in the last quarter. GTS Securities LLC increased its holdings in Zebra Technologies by 5.0% during the 4th quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock valued at $307,000 after purchasing an additional 38 shares in the last quarter. Allworth Financial LP increased its holdings in Zebra Technologies by 29.7% during the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after purchasing an additional 44 shares in the last quarter. Finally, Horizon Investments LLC increased its holdings in Zebra Technologies by 6.5% during the 1st quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock valued at $212,000 after purchasing an additional 46 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ZBRA shares. Citigroup reiterated a "neutral" rating and set a $342.00 price target (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Robert W. Baird raised their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a report on Monday, July 14th. Barclays set a $301.00 price target on shares of Zebra Technologies and gave the company an "equal weight" rating in a report on Tuesday, August 5th. Morgan Stanley raised their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Finally, BNP Paribas raised shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, Zebra Technologies currently has a consensus rating of "Moderate Buy" and a consensus price target of $357.44.

Zebra Technologies Trading Up 0.8%

Zebra Technologies stock traded up $2.55 during trading hours on Friday, reaching $313.80. 454,927 shares of the company's stock traded hands, compared to its average volume of 470,896. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The firm has a market capitalization of $15.96 billion, a price-to-earnings ratio of 29.63 and a beta of 1.78. The firm's 50 day moving average is $322.03 and its 200-day moving average is $292.53.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the company posted $3.18 EPS. The company's revenue 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. On average, analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share 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 repurchase $250.00 million in shares. This repurchase authorization permits the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

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.