Equitable Trust Co. Purchases 1,414 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Equitable Trust Co. increased its stake in Zebra Technologies by 87.4%, acquiring an additional 1,414 shares, bringing its total holdings to 3,032 shares valued at $935,000.
• Zebra Technologies reported an EPS of $3.61 for the last quarter, exceeding the consensus estimate of $3.31, and has set its FY 2025 guidance between 15.250-15.750 EPS.
• Analysts have a consensus rating of "Moderate Buy" for Zebra Technologies stock, with a target price of $369.56, following upgrades from both BNP Paribas and Morgan Stanley.

Equitable Trust Co. boosted its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 87.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,032 shares of the industrial products company's stock after buying an additional 1,414 shares during the period. Equitable Trust Co.'s holdings in Zebra Technologies were worth $935,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ZBRA. Tokio Marine Asset Management Co. Ltd. grew its holdings in shares of 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 worth $527,000 after purchasing an additional 35 shares in the last quarter. Allworth Financial LP grew its stake in Zebra Technologies by 29.7% in the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after buying an additional 44 shares in the last quarter. Horizon Investments LLC increased its holdings in shares of Zebra Technologies by 6.5% in the 1st quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock worth $212,000 after buying an additional 46 shares during the last quarter. Whittier Trust Co. raised its position in shares of Zebra Technologies by 15.8% during the 1st quarter. Whittier Trust Co. now owns 344 shares of the industrial products company's stock valued at $97,000 after buying an additional 47 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Zebra Technologies by 81.7% during the 2nd quarter. Blue Trust Inc. now owns 109 shares of the industrial products company's stock worth $34,000 after acquiring an additional 49 shares during the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ZBRA shares. Morgan Stanley raised their price target on Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Barclays set a $375.00 price objective on Zebra Technologies in a report on Tuesday, October 7th. BNP Paribas upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Citigroup lifted their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a "neutral" rating in a research note on Thursday, October 9th. Finally, 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 note on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $369.56.

Zebra Technologies Stock Performance

NASDAQ:ZBRA opened at $288.99 on Wednesday. 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 cap of $14.69 billion, a PE ratio of 27.29 and a beta of 1.75. The business has a 50 day moving average price of $310.48 and a 200-day moving average price of $294.47.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping the consensus estimate of $3.31 by $0.30. The company had revenue of $1.29 billion for 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 for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities research analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has authorized a stock 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 stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

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.

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