Graham Capital Management L.P. Sells 3,717 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Graham Capital Management L.P. has decreased its stake in Zebra Technologies by 15.5%, selling 3,717 shares, and now holds 20,229 shares valued at approximately $5.7 million.
• Several institutional investors have recently adjusted their positions in Zebra Technologies, with notable increases from Brooklyn Investment Group and new stakes from Investment Management Corp VA ADV and Zions Bancorporation.
• Zebra Technologies reported earnings of $3.61 per share, surpassing estimates, and has initiated a $250 million stock buyback program, indicating confidence in its stock valuation.

Graham Capital Management L.P. lowered its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 15.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,229 shares of the industrial products company's stock after selling 3,717 shares during the quarter. Graham Capital Management L.P.'s holdings in Zebra Technologies were worth $5,716,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ZBRA. Investment Management Corp VA ADV bought a new stake in Zebra Technologies in the fourth quarter valued at $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of Zebra Technologies during the 1st quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC acquired a new stake in Zebra Technologies in the 1st quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Zebra Technologies during the first quarter worth approximately $30,000. Finally, Brooklyn Investment Group raised its stake in shares of Zebra Technologies by 101.9% in the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 54 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Price Performance

Shares of ZBRA stock traded down $1.36 on Wednesday, hitting $305.71. 345,005 shares of the company's stock were exchanged, compared to its average volume of 591,632. 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 12 month low of $205.73 and a 12 month high of $427.76. The stock has a market cap of $15.55 billion, a P/E ratio of 28.87 and a beta of 1.78. The company has a 50 day moving average of $321.88 and a 200 day moving average of $292.93.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating the consensus estimate of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The business's quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the company 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. On average, equities research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has approved a share buyback plan 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 plans are typically a sign that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ZBRA shares. Robert W. Baird raised their target price on Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Needham & Company LLC lifted their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Citigroup reaffirmed a "neutral" rating and set a $342.00 price target (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Barclays set a $301.00 target price on Zebra Technologies and gave the stock an "equal weight" rating in a research note on Tuesday, August 5th. Finally, BNP Paribas Exane upgraded Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target for the company in a research note on Thursday, July 10th. One 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.com, the company presently has an average rating of "Moderate Buy" and an average price target of $357.44.

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.