Cwm LLC Buys 4,140 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Cwm LLC increased its stake in Zebra Technologies by 85.7%, acquiring an additional 4,140 shares, bringing its total holdings to 8,970 shares valued at approximately $2.77 million.
• Zebra Technologies reported $3.61 EPS for the latest quarter, surpassing analyst expectations of $3.31, and set its FY 2025 guidance between $15.250 and $15.750 EPS.
• The company's Board of Directors authorized a $250 million share repurchase program, indicating confidence in the valuation of its shares.

Cwm LLC increased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 85.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,970 shares of the industrial products company's stock after buying an additional 4,140 shares during the quarter. Cwm LLC's holdings in Zebra Technologies were worth $2,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trust Co. of Toledo NA OH bought a new position in shares of Zebra Technologies during the 2nd quarter worth approximately $25,000. Zions Bancorporation National Association UT bought a new position in shares of Zebra Technologies during the 1st quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of Zebra Technologies during the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Zebra Technologies during the 1st quarter worth approximately $30,000. Finally, Brooklyn Investment Group lifted its position in shares of Zebra Technologies by 101.9% during the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock worth $30,000 after buying an additional 54 shares during the period. Institutional investors own 91.03% of the company's stock.

Zebra Technologies Stock Down 0.2%

NASDAQ ZBRA opened at $293.31 on Friday. The stock has a fifty day moving average of $309.25 and a 200-day moving average of $294.66. The stock has a market capitalization of $14.91 billion, a P/E ratio of 27.70 and a beta of 1.75. 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.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating the consensus estimate of $3.31 by $0.30. The company had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm 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. On average, equities research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has approved a share repurchase program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in 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 usually an indication that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several equities analysts recently commented on ZBRA shares. Weiss Ratings restated a "hold (c)" rating on shares of Zebra Technologies in a research report on Wednesday, October 8th. Needham & Company LLC lifted 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. Citigroup lifted their price objective on Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a research report on Thursday, October 9th. Truist Financial lifted their price objective on Zebra Technologies from $319.00 to $350.00 and gave the company a "hold" rating in a research report on Wednesday, October 8th. Finally, BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. One 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 company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $369.56.

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.

Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.