DekaBank Deutsche Girozentrale Cuts Position in Zebra Technologies Corporation $ZBRA

Key Points

• DekaBank Deutsche Girozentrale reduced its stake in Zebra Technologies by 6.1%, to approximately 26,599 shares, emphasizing a slight decline in confidence during the second quarter.
• Zebra Technologies’ stock was recently rated with varying opinions: Zacks Research downgraded it to "hold," while others like BNP Paribas Exane rated it "outperform" with a price target of $408.00.
• The company's recent earnings report showed a 6.2% year-over-year revenue increase, with EPS surpassing expectations at $3.61, indicating strong financial performance amid fluctuating analyst views.

DekaBank Deutsche Girozentrale decreased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 6.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 26,599 shares of the industrial products company's stock after selling 1,716 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.05% of Zebra Technologies worth $8,243,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Tokio Marine Asset Management Co. Ltd. raised its holdings in Zebra Technologies by 1.9% in 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. Allworth Financial LP grew its position in Zebra Technologies by 29.7% in the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after acquiring an additional 44 shares in the last quarter. Horizon Investments LLC grew its position in Zebra Technologies by 6.5% in the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock valued at $212,000 after acquiring an additional 46 shares in the last quarter. Whittier Trust Co. grew its position in Zebra Technologies by 15.8% in the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company's stock valued at $97,000 after acquiring an additional 47 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Zebra Technologies by 81.7% in the second quarter. Blue Trust Inc. now owns 109 shares of the industrial products company's stock valued at $34,000 after acquiring an additional 49 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on ZBRA shares. Zacks Research downgraded shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 13th. Robert W. Baird increased their price objective 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. Needham & Company LLC increased their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. BNP Paribas Exane raised shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective for the company in a research report on Thursday, July 10th. Finally, Citigroup raised their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a "neutral" rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $369.56.

Zebra Technologies Stock Down 1.6%

ZBRA stock opened at $308.82 on Friday. The company has a market capitalization of $15.70 billion, a P/E ratio of 29.16 and a beta of 1.75. The firm has a 50 day simple moving average of $307.43 and a 200-day simple moving average of $297.00. 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 twelve month low of $205.73 and a twelve month high of $427.76.

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, topping analysts' consensus estimates of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The firm's revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.18 earnings per share. 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 earnings per share for the current fiscal year.

Zebra Technologies declared that its board has approved a share repurchase program on Tuesday, August 5th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

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.

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