1,245 Shares in Zebra Technologies Corporation $ZBRA Purchased 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 position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,245 shares of the industrial products company's stock, valued at approximately $352,000.

Other institutional investors have also modified their holdings of the company. Brown Advisory Inc. boosted its holdings 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 worth $495,000 after buying an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Zebra Technologies by 33.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock worth $2,236,000 after acquiring an additional 1,964 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of Zebra Technologies by 1.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock valued at $981,000 after acquiring an additional 66 shares during the period. Asset Management One Co. Ltd. grew its position in shares of Zebra Technologies by 6.3% during the 1st quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after acquiring an additional 1,267 shares during the period. Finally, Allworth Financial LP increased its stake in shares of Zebra Technologies by 29.7% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Trading Down 0.5%

Shares of NASDAQ ZBRA traded down $1.63 during trading on Tuesday, reaching $312.17. The stock had a trading volume of 426,035 shares, compared to its average volume of 466,388. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The company has a market cap of $15.87 billion, a P/E ratio of 29.48 and a beta of 1.78. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The business's 50-day moving average price is $322.07 and its 200-day moving average price is $292.49.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, beating analysts' consensus estimates of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business 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 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ZBRA shares. Citigroup reaffirmed a "neutral" rating and set a $342.00 price objective (up from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Robert W. Baird upped their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a research report on Monday, July 14th. Needham & Company LLC raised their price target on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Truist Financial boosted their price objective on Zebra Technologies from $269.00 to $319.00 and gave the stock a "hold" rating in a research note on Wednesday, August 6th. Finally, Morgan Stanley increased their target price on Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus 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.