Avior Wealth Management LLC Purchases Shares of 927 Zebra Technologies Corporation $ZBRA

Key Points

• Avior Wealth Management LLC purchased 927 shares of Zebra Technologies Corporation valued at approximately $286,000, according to their 13F filing with the SEC.
• Zebra Technologies reported quarterly earnings of $3.61 per share, exceeding analysts' estimates of $3.31, while also announcing a share buyback plan of $250 million.
• Analysts have raised their price targets for Zebra Technologies, with Needham & Company increasing theirs from $325 to $345 and Zacks Research upgrading the stock to a "strong-buy" rating.

Avior Wealth Management LLC purchased a new stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 927 shares of the industrial products company's stock, valued at approximately $286,000.

Several other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC grew its holdings in Zebra Technologies by 34.7% during the 2nd quarter. Signaturefd LLC now owns 672 shares of the industrial products company's stock valued at $207,000 after buying an additional 173 shares in the last quarter. Steph & Co. purchased a new position in Zebra Technologies during the 2nd quarter valued at approximately $54,000. Perigon Wealth Management LLC purchased a new position in Zebra Technologies during the 2nd quarter valued at approximately $216,000. Mather Group LLC. grew its holdings in Zebra Technologies by 29.4% during the 2nd quarter. Mather Group LLC. now owns 1,980 shares of the industrial products company's stock valued at $611,000 after buying an additional 450 shares in the last quarter. Finally, Charter Capital Management LLC DE purchased a new position in Zebra Technologies during the 2nd quarter valued at approximately $570,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $297.16 on Wednesday. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The firm has a market capitalization of $15.11 billion, a P/E ratio of 28.06 and a beta of 1.78. The stock has a 50 day moving average price of $318.05 and a 200 day moving average price of $293.96.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the company earned $3.18 EPS. Zebra Technologies's quarterly 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. As a group, sell-side analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has authorized a share buyback 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 often an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. 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. Truist Financial lifted their target price on Zebra Technologies from $269.00 to $319.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. Barclays set a $301.00 target price on Zebra Technologies and gave the stock an "equal weight" rating in a report on Tuesday, August 5th. Citigroup reiterated a "neutral" rating and issued a $342.00 target price (up previously from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Finally, Zacks Research upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Friday, September 12th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $357.44.

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.

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