Banco Bilbao Vizcaya Argentaria S.A. Has $4.94 Million Position in Zebra Technologies Corporation $ZBRA

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Zebra Technologies by 44.3% in Q1, now owning 17,493 shares valued at approximately $4.94 million.
• Zebra Technologies reported earnings per share of $3.61 for the recent quarter, exceeding estimates, while revenue matched analyst expectations at $1.29 billion.
• The company has initiated a $250 million stock buyback program, signaling management's belief that its shares are undervalued.

Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 44.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,493 shares of the industrial products company's stock after buying an additional 5,369 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Zebra Technologies were worth $4,936,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Benjamin Edwards Inc. grew its position in shares of Zebra Technologies by 5.7% during the 4th quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock worth $251,000 after buying an additional 35 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its position in shares of 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 worth $527,000 after buying an additional 35 shares during the period. GTS Securities LLC grew its position in shares of Zebra Technologies by 5.0% during the 4th quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock worth $307,000 after buying an additional 38 shares during the period. Allworth Financial LP grew its position in shares of Zebra Technologies by 29.7% during the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after buying an additional 44 shares during the period. Finally, Utah Retirement Systems grew its position in shares of Zebra Technologies by 0.5% during the 4th quarter. Utah Retirement Systems now owns 8,515 shares of the industrial products company's stock worth $3,289,000 after buying an additional 45 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Trading Down 2.3%

NASDAQ:ZBRA opened at $304.74 on Thursday. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The business has a 50 day moving average price of $317.33 and a two-hundred day moving average price of $295.98. The company has a market cap of $15.49 billion, a P/E ratio of 28.78 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly 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. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the firm posted $3.18 earnings per share. The company'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, analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its board has initiated a stock buyback program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to repurchase up to 1.4% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's management believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages recently issued reports on ZBRA. BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Needham & Company LLC boosted their price objective on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Barclays set a $301.00 price objective on Zebra Technologies and gave the company an "equal weight" rating in a research report on Tuesday, August 5th. 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. Finally, Truist Financial boosted their price objective on Zebra Technologies from $269.00 to $319.00 and gave the company a "hold" rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus 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.

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