Kera Capital Partners Inc. Takes $471,000 Position in Zebra Technologies Corporation $ZBRA

Key Points

• Kera Capital Partners Inc. has acquired a new position in Zebra Technologies Corporation, purchasing 1,528 shares worth approximately $471,000.
• Analysts have set varied price targets for Zebra Technologies, with Needham & Company raising their target to $345.00 and Citigroup increasing their target to $342.00.
• Zebra Technologies announced a share buyback program allowing the company to repurchase up to $250 million in outstanding shares, indicating confidence in its stock valuation.

Kera Capital Partners Inc. bought a new stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,528 shares of the industrial products company's stock, valued at approximately $471,000.

A number of other large investors have also recently made changes to their positions in the stock. Tokio Marine Asset Management Co. Ltd. boosted its stake in shares of Zebra Technologies by 1.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock valued at $527,000 after purchasing an additional 35 shares during the period. GTS Securities LLC raised its holdings in shares of Zebra Technologies by 5.0% in the fourth quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock valued at $307,000 after acquiring an additional 38 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Zebra Technologies by 29.7% in the first 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 in the last quarter. Horizon Investments LLC raised its holdings in shares of Zebra Technologies by 6.5% in the first 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 in the last quarter. Finally, Whittier Trust Co. raised its holdings in shares of Zebra Technologies by 15.8% in the first 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 in the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ZBRA shares. Needham & Company LLC lifted their price objective on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Barclays set a $301.00 price objective on Zebra Technologies and gave the company an "equal weight" rating in a report on Tuesday, August 5th. Truist Financial lifted their price objective on Zebra Technologies from $269.00 to $319.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Morgan Stanley lifted their price objective on Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. Finally, Citigroup reiterated a "neutral" rating and issued a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $357.44.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $312.65 on Friday. The company has a market capitalization of $15.90 billion, a PE ratio of 29.52 and a beta of 1.78. 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 50-day simple moving average of $321.40 and a two-hundred day simple moving average of $292.65. 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 EPS for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the company posted $3.18 earnings per share. The firm's revenue 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. Research analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its Board of Directors has authorized a share buyback program on Tuesday, August 5th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock buyback programs are typically a sign 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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