Zebra Technologies Corporation $ZBRA Shares Sold by Atria Wealth Solutions Inc.

Key Points

• Atria Wealth Solutions Inc. reduced its stake in Zebra Technologies by 82.2%, holding only 808 shares after selling 3,737 shares in the most recent quarter, valued at approximately $228,000.
• Zebra Technologies reported a quarterly earnings result of $3.61 per share, exceeding analysts' expectations of $3.31, alongside a revenue of $1.29 billion.
• The company has authorized a $250 million stock buyback program, indicating a belief that its shares are undervalued amidst a robust performance in its earnings.

Atria Wealth Solutions Inc. cut its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 82.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 808 shares of the industrial products company's stock after selling 3,737 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Zebra Technologies were worth $228,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Cary Street Partners Financial LLC purchased a new stake in shares of Zebra Technologies during the 1st quarter worth about $998,000. New Age Alpha Advisors LLC bought a new position in Zebra Technologies during the 1st quarter worth approximately $131,000. R Squared Ltd boosted its holdings in Zebra Technologies by 39.8% in the first quarter. R Squared Ltd now owns 1,580 shares of the industrial products company's stock worth $446,000 after purchasing an additional 450 shares during the period. SlateStone Wealth LLC grew its position in shares of Zebra Technologies by 7.9% during the 1st quarter. SlateStone Wealth LLC now owns 9,129 shares of the industrial products company's stock valued at $2,579,000 after buying an additional 671 shares during the last quarter. Finally, Dearborn Partners LLC raised its position in shares of Zebra Technologies by 6.5% during the 1st quarter. Dearborn Partners LLC now owns 1,155 shares of the industrial products company's stock worth $326,000 after purchasing an additional 70 shares during the period. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Trading Down 1.7%

Zebra Technologies stock traded down $5.42 during trading hours on Tuesday, reaching $312.06. The stock had a trading volume of 527,905 shares, compared to its average volume of 595,448. The stock has a market cap of $15.87 billion, a PE ratio of 29.47 and a beta of 1.75. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The company has a fifty day simple moving average of $316.84 and a 200-day simple moving average of $295.81. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.30. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business's revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.18 earnings per share. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has authorized a share repurchase plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the industrial products company to repurchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ZBRA. Needham & Company LLC lifted their target price on Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Citigroup reiterated a "neutral" rating and issued a $342.00 price objective (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. UBS Group reduced their target price on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Wall Street Zen downgraded Zebra Technologies from a "buy" rating to a "hold" rating in a report on Thursday, May 1st. Finally, Barclays set a $301.00 price objective on Zebra Technologies and gave the company an "equal weight" rating in a research note on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $357.44.

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.