Campbell & CO Investment Adviser LLC Takes $4.69 Million Position in Zebra Technologies Corporation $ZBRA

Key Points

• Campbell & CO Investment Adviser LLC has acquired 16,587 shares of Zebra Technologies, valued at approximately $4.7 million, during the first quarter, indicating growing institutional interest in the company.
• Zebra Technologies reported Q2 EPS of $3.61, surpassing the expected $3.31, with revenue of $1.29 billion showing a 6.2% year-over-year increase.
• The company has launched a $250 million stock buyback plan, reflecting the board's belief that the stock may be undervalued.

Campbell & CO Investment Adviser LLC acquired a new position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,587 shares of the industrial products company's stock, valued at approximately $4,687,000.

Several other institutional investors have also recently bought and sold shares of ZBRA. Benjamin Edwards Inc. grew its position in Zebra Technologies by 5.7% during the fourth quarter. Benjamin Edwards Inc. now owns 651 shares of the industrial products company's stock valued at $251,000 after buying an additional 35 shares during the period. Tokio Marine Asset Management Co. Ltd. grew its position in Zebra Technologies by 1.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock valued at $527,000 after buying an additional 35 shares during the period. GTS Securities LLC grew its position in Zebra Technologies by 5.0% during the fourth quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock valued at $307,000 after buying an additional 38 shares during the period. Allworth Financial LP grew its position in Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after buying an additional 44 shares during the period. Finally, Utah Retirement Systems grew its position in Zebra Technologies by 0.5% during the fourth quarter. Utah Retirement Systems now owns 8,515 shares of the industrial products company's stock valued at $3,289,000 after buying an additional 45 shares during the period. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Price Performance

Shares of ZBRA stock traded down $4.89 during trading hours on Friday, reaching $317.12. The stock had a trading volume of 82,871 shares, compared to its average volume of 586,074. The stock's fifty day simple moving average is $320.78 and its 200 day simple moving average is $293.63. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. Zebra Technologies Corporation has a 12 month low of $205.73 and a 12 month high of $427.76. The firm has a market capitalization of $16.13 billion, a PE ratio of 29.94 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 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 during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the business earned $3.18 earnings per share. Zebra Technologies'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, equities research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its board has approved a share 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 purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Analyst Upgrades and Downgrades

ZBRA has been the subject of several research reports. Robert W. Baird increased their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research report on Monday, July 14th. BNP Paribas upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Needham & Company LLC increased their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Morgan Stanley increased their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. Finally, Wall Street Zen lowered shares of Zebra Technologies from a "buy" rating to a "hold" rating in a research report on Thursday, May 1st. One 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 stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $357.44.

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.