1,245 Shares in Zebra Technologies Corporation $ZBRA Acquired by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC acquired 1,245 shares of Zebra Technologies Corporation valued at approximately $352,000 during the first quarter.
• Zebra Technologies reported $3.61 earnings per share for the last quarter, exceeding expectations by $0.30, with revenue increasing by 6.2% year-over-year.
• The company's Board of Directors approved a $250 million stock repurchase plan, indicating confidence in the stock's valuation.

Focus Partners Advisor Solutions LLC purchased a new stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,245 shares of the industrial products company's stock, valued at approximately $352,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Advisory Inc. grew its position in Zebra Technologies by 8.7% during the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock valued at $495,000 after acquiring an additional 140 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Zebra Technologies by 33.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock valued at $2,236,000 after purchasing an additional 1,964 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Zebra Technologies by 1.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock valued at $981,000 after purchasing an additional 66 shares during the period. Asset Management One Co. Ltd. boosted its stake in shares of Zebra Technologies by 6.3% during the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after purchasing an additional 1,267 shares during the period. Finally, Allworth Financial LP boosted its stake in shares of Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after purchasing an additional 44 shares during the period. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Performance

NASDAQ:ZBRA traded down $3.36 on Friday, hitting $312.65. The stock had a trading volume of 516,923 shares, compared to its average volume of 452,336. The stock has a market cap of $15.90 billion, a price-to-earnings ratio of 29.52 and a beta of 1.78. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The business's 50-day simple moving average is $321.40 and its two-hundred day simple moving average is $292.65. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.30. The business had revenue of $1.29 billion for 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 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. As a group, research analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its board has authorized a share buyback plan 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 purchase up to 1.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of research firms have recently weighed in on ZBRA. Morgan Stanley increased their price objective on Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Citigroup reiterated a "neutral" rating and issued a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Barclays set a $301.00 price target on Zebra Technologies and gave the company an "equal weight" rating in a report on Tuesday, August 5th. Finally, Needham & Company LLC raised their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $357.44.

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.