Moran Wealth Management LLC Purchases 916 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Moran Wealth Management LLC increased its stake in Zebra Technologies by 99.8% during the second quarter, acquiring an additional 916 shares and valuing their holdings at $566,000.
• Zebra Technologies reported an earnings per share (EPS) of $3.61 for the most recent quarter, exceeding estimates of $3.31, and declared a stock repurchase program of $250 million.
• Analysts have set a consensus price target of $369.56 for Zebra Technologies, with ratings reflecting a mix of Buy and Hold positions.

Moran Wealth Management LLC increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 99.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,834 shares of the industrial products company's stock after acquiring an additional 916 shares during the quarter. Moran Wealth Management LLC's holdings in Zebra Technologies were worth $566,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of ZBRA. Wealth Enhancement Advisory Services LLC lifted its position in Zebra Technologies by 33.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock valued at $2,236,000 after purchasing an additional 1,964 shares during the last quarter. Sagespring Wealth Partners LLC lifted its position in Zebra Technologies by 6.6% during the first quarter. Sagespring Wealth Partners LLC now owns 1,093 shares of the industrial products company's stock valued at $309,000 after purchasing an additional 68 shares during the last quarter. QRG Capital Management Inc. bought a new stake in Zebra Technologies during the first quarter valued at approximately $1,815,000. State of Alaska Department of Revenue lifted its position in Zebra Technologies by 2.3% during the first quarter. State of Alaska Department of Revenue now owns 6,018 shares of the industrial products company's stock valued at $1,700,000 after purchasing an additional 135 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in Zebra Technologies during the first quarter valued at approximately $92,000. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Up 0.2%

Shares of NASDAQ ZBRA opened at $293.93 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The firm's fifty day moving average is $309.74 and its 200 day moving average is $294.54. The company has a market cap of $14.95 billion, a price-to-earnings ratio of 27.76 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping the consensus estimate of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm earned $3.18 earnings per share. 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, equities research analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

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

Analysts Set New Price Targets

ZBRA has been the subject of several research analyst reports. BNP Paribas Exane upgraded 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 report on Thursday, July 10th. BNP Paribas upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Robert W. Baird boosted their price objective 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. Citigroup boosted their price objective on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a "neutral" rating in a report on Thursday, October 9th. Finally, Needham & Company LLC boosted their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies presently has a consensus rating of "Moderate Buy" and a consensus price target of $369.56.

Zebra Technologies Company 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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