Dimensional Fund Advisors LP Buys 49,052 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Dimensional Fund Advisors LP increased its stake in Zebra Technologies by 13.3%, owning approximately 0.81% of the company worth $117.9 million after acquiring an additional 49,052 shares.
• Zebra Technologies reported a quarterly earnings per share of $3.61, exceeding the consensus estimate of $3.31, with a revenue of $1.29 billion, showing a 6.2% increase year-over-year.
• The company has initiated a $250 million share buyback program, indicating management's belief that the stock is undervalued.

Dimensional Fund Advisors LP lifted its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 13.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 417,371 shares of the industrial products company's stock after purchasing an additional 49,052 shares during the quarter. Dimensional Fund Advisors LP owned 0.81% of Zebra Technologies worth $117,916,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Kovitz Investment Group Partners LLC bought a new position in shares of Zebra Technologies during the 4th quarter worth about $107,254,000. Victory Capital Management Inc. lifted its holdings in shares of Zebra Technologies by 27.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company's stock worth $334,469,000 after acquiring an additional 255,193 shares during the period. Pacer Advisors Inc. lifted its holdings in shares of Zebra Technologies by 5,704.9% during the 1st quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company's stock worth $73,286,000 after acquiring an additional 254,895 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Zebra Technologies by 20,849.2% during the 1st quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company's stock worth $72,335,000 after acquiring an additional 254,777 shares during the period. Finally, Nuveen LLC bought a new position in shares of Zebra Technologies during the 1st quarter worth about $46,633,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Trading Down 1.0%

Zebra Technologies stock traded down $3.24 during trading hours on Monday, reaching $319.55. 310,201 shares of the company's stock traded hands, compared to its average volume of 703,604. 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 Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The firm has a market capitalization of $16.25 billion, a price-to-earnings ratio of 30.17 and a beta of 1.75. The firm's 50 day moving average is $318.96 and its 200-day moving average is $293.50.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (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 for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the company posted $3.18 EPS. The company'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, analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has approved a share repurchase plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of research firms have recently commented on ZBRA. Barclays set a $301.00 price objective on shares of Zebra Technologies and gave the stock an "equal weight" rating in a report on Tuesday, August 5th. BNP Paribas raised shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. UBS Group dropped their target price on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating for the company in a research report on Wednesday, April 30th. Citigroup reiterated a "neutral" rating and set a $342.00 target price (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Finally, BNP Paribas Exane upgraded shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price for the company in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Zebra Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $357.44.

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.