J. Safra Sarasin Holding AG Invests $331,000 in Zebra Technologies Corporation $ZBRA

Key Points

• J. Safra Sarasin Holding AG invested approximately $331,000 in Zebra Technologies Corporation by acquiring 1,073 shares in the second quarter.
• Zebra Technologies stock received various analyst upgrades, with target prices ranging from $300.00 to $367.00, indicating a generally positive outlook on the company's performance.
• The firm reported a 6.2% year-over-year revenue increase for the last quarter, with earnings per share of $3.61, surpassing analyst expectations.

J. Safra Sarasin Holding AG acquired a new position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,073 shares of the industrial products company's stock, valued at approximately $331,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Zebra Technologies by 1.9% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock worth $527,000 after purchasing an additional 35 shares in the last quarter. Allworth Financial LP boosted its holdings in Zebra Technologies by 29.7% during the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after acquiring an additional 44 shares during the period. Horizon Investments LLC boosted its holdings in Zebra Technologies by 6.5% during the 1st quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock valued at $212,000 after acquiring an additional 46 shares during the period. Whittier Trust Co. boosted its holdings in Zebra Technologies by 15.8% during the 1st quarter. Whittier Trust Co. now owns 344 shares of the industrial products company's stock valued at $97,000 after acquiring an additional 47 shares during the period. Finally, Net Worth Advisory Group boosted its holdings in Zebra Technologies by 2.9% during the 1st quarter. Net Worth Advisory Group now owns 1,788 shares of the industrial products company's stock valued at $505,000 after acquiring an additional 50 shares during the period. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ZBRA shares. Citigroup restated a "neutral" rating and set a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Robert W. Baird increased their target price on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a report on Monday, July 14th. Truist Financial increased their target price on Zebra Technologies from $269.00 to $319.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Needham & Company LLC increased their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, Morgan Stanley increased their price objective on Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, Zebra Technologies has an average rating of "Moderate Buy" and a consensus target price of $357.44.

Zebra Technologies Stock Up 3.1%

ZBRA stock opened at $305.01 on Friday. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month 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 has a market cap of $15.51 billion, a PE ratio of 28.80 and a beta of 1.75. The business has a 50 day moving average of $315.79 and a 200 day moving average of $294.23.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted 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. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the company earned $3.18 EPS. The firm's revenue for the quarter was up 6.2% on a year-over-year basis. 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, research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal 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 shares. This buyback authorization authorizes the industrial products company to reacquire 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.

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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