Generali Asset Management SPA SGR Lowers Stake in Zebra Technologies Corporation $ZBRA

Key Points

• Generali Asset Management SPA SGR has reduced its stake in Zebra Technologies Corporation by 31.3%, holding 5,529 shares valued at approximately $1.7 million after selling off 2,518 shares in the second quarter.
• A number of institutional investors have also recently shifted their stakes, with several reporting new positions in Zebra Technologies totaling investments upwards of $25,000.
• Analyst ratings on Zebra Technologies vary, with an average rating of "Moderate Buy" and a consensus price target of $369.56, alongside recent upgrades from analysts increasing target prices significantly.

Generali Asset Management SPA SGR reduced its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 31.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,529 shares of the industrial products company's stock after selling 2,518 shares during the quarter. Generali Asset Management SPA SGR's holdings in Zebra Technologies were worth $1,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Trust Co. of Toledo NA OH purchased a new stake in Zebra Technologies in the 2nd quarter worth $25,000. Zions Bancorporation National Association UT purchased a new position in shares of Zebra Technologies in the first quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of Zebra Technologies in the first quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Zebra Technologies in the first quarter worth about $30,000. Finally, Brooklyn Investment Group grew its position in shares of Zebra Technologies by 101.9% during the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock worth $30,000 after purchasing an additional 54 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Weiss Ratings reissued a "hold (c)" rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Robert W. Baird boosted their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. BNP Paribas Exane raised 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 note on Thursday, July 10th. Truist Financial lifted their price target on shares of Zebra Technologies from $319.00 to $350.00 and gave the company a "hold" rating in a report on Wednesday, October 8th. Finally, Citigroup increased their price objective on shares of Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $369.56.

Zebra Technologies Price Performance

Zebra Technologies stock opened at $293.31 on Friday. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76. 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 firm's fifty day moving average is $309.25 and its 200 day moving average is $294.61. The company has a market cap of $14.91 billion, a price-to-earnings ratio of 27.70 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. The firm 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 business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.18 EPS. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Sell-side analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has approved a share buyback program on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are 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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