Focus Partners Wealth Has $5.10 Million Position in Zebra Technologies Corporation $ZBRA

Key Points

• Focus Partners Wealth increased its stake in Zebra Technologies by 18.1% in Q1, owning 18,059 shares worth approximately $5.1 million.
• Several institutional investors, including Vanguard Group and Bank of New York Mellon Corp, also enhanced their positions, leading to institutional ownership of over 91% of the company's stock.
• Analysts have raised their price targets for Zebra Technologies, with an average target of $357.44 and a consensus rating of "Moderate Buy."

Focus Partners Wealth boosted its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 18.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,059 shares of the industrial products company's stock after purchasing an additional 2,762 shares during the period. Focus Partners Wealth's holdings in Zebra Technologies were worth $5,103,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Zebra Technologies by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company's stock valued at $1,798,627,000 after purchasing an additional 104,940 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Zebra Technologies by 27.5% during the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company's stock valued at $334,469,000 after buying an additional 255,193 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Zebra Technologies by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company's stock worth $276,375,000 after acquiring an additional 43,500 shares during the period. Northern Trust Corp lifted its holdings in Zebra Technologies by 15.8% during the first quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company's stock worth $162,718,000 after acquiring an additional 78,506 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Zebra Technologies by 36.4% in the first quarter. Bank of New York Mellon Corp now owns 442,788 shares of the industrial products company's stock worth $125,114,000 after buying an additional 118,247 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Citigroup reissued a "neutral" rating and issued a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Robert W. Baird upped their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Barclays set a $301.00 price objective on Zebra Technologies and gave the stock an "equal weight" rating in a report on Tuesday, August 5th. BNP Paribas Exane upgraded Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price for the company in a report on Thursday, July 10th. Finally, BNP Paribas upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. One 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.com, the company presently has an average rating of "Moderate Buy" and an average price target of $357.44.

Zebra Technologies Trading Down 1.1%

ZBRA opened at $312.65 on Monday. The business has a 50 day simple moving average of $321.40 and a two-hundred day simple moving average of $292.33. The firm has a market capitalization of $15.90 billion, a price-to-earnings ratio of 29.52 and a beta of 1.78. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. Zebra Technologies Corporation has a one year low of $205.73 and a one year 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. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the company earned $3.18 EPS. The business'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. Analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its Board of Directors has initiated a stock repurchase program on Tuesday, August 5th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

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.

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