Capital Investment Services of America Inc. Has $18.35 Million Position in Zebra Technologies Corporation $ZBRA

Key Points

• Capital Investment Services of America Inc. increased its stake in Zebra Technologies Corporation by 2.6%, holding 59,492 shares valued at approximately $18.35 million.
• Zebra Technologies reported an earnings per share (EPS) of $3.61 for the last quarter, surpassing analysts' expectations of $3.31, with a year-over-year revenue increase of 6.2%.
• The company's board has authorized a $250 million stock repurchase program, indicating confidence in the stock's valuation.

Capital Investment Services of America Inc. boosted its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 2.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,492 shares of the industrial products company's stock after buying an additional 1,498 shares during the quarter. Zebra Technologies makes up about 1.7% of Capital Investment Services of America Inc.'s portfolio, making the stock its 28th biggest position. Capital Investment Services of America Inc. owned about 0.12% of Zebra Technologies worth $18,345,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its position in shares of Zebra Technologies by 33.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock worth $2,236,000 after purchasing an additional 1,964 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in Zebra Technologies in the 1st quarter valued at $420,000. Oppenheimer Asset Management Inc. lifted its position in Zebra Technologies by 1.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock worth $981,000 after buying an additional 66 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in shares of Zebra Technologies by 3.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 19,944 shares of the industrial products company's stock worth $5,635,000 after buying an additional 592 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its holdings in shares of Zebra Technologies by 6.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after acquiring an additional 1,267 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Price Performance

Shares of ZBRA opened at $302.63 on Thursday. The company's 50-day moving average is $307.89 and its 200-day moving average is $295.72. 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 firm has a market capitalization of $15.39 billion, a PE ratio of 28.58 and a beta of 1.75. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. Zebra Technologies's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.18 EPS. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Equities analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Barclays set a $375.00 price target on Zebra Technologies in a research report on Tuesday, October 7th. Weiss Ratings reissued a "hold (c)" rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Robert W. Baird boosted their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Zacks Research lowered shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 13th. Finally, Citigroup increased their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a research note on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $369.56.

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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