Zebra Technologies Corporation $ZBRA Stake Raised by Okabena Investment Services Inc.

Key Points

• Okabena Investment Services Inc. increased its holdings in Zebra Technologies Corporation by 25.5% during the 1st quarter, bringing their total to 4,193 shares valued at approximately $1,185,000.
• Equities analysts have shown a mix of ratings for the company, with BNP Paribas upgrading it to a strong-buy and setting a target price of $408.00, while others have given a moderate buy consensus rating.
• Zebra Technologies reported a quarterly EPS of $3.61, exceeding estimates, and announced a stock repurchase program worth $250 million, indicating confidence in their share value.

Okabena Investment Services Inc. increased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 25.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,193 shares of the industrial products company's stock after buying an additional 851 shares during the quarter. Okabena Investment Services Inc.'s holdings in Zebra Technologies were worth $1,185,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Brown Advisory Inc. grew its stake in shares of Zebra Technologies by 8.7% in the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock worth $495,000 after purchasing an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Zebra Technologies by 33.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock worth $2,236,000 after purchasing an additional 1,964 shares in the last quarter. Coldstream Capital Management Inc. grew its stake in shares of Zebra Technologies by 6.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 1,192 shares of the industrial products company's stock worth $460,000 after purchasing an additional 72 shares in the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Zebra Technologies by 1.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock worth $981,000 after purchasing an additional 66 shares in the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in shares of Zebra Technologies by 6.3% in the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock worth $6,024,000 after purchasing an additional 1,267 shares in the last quarter. Institutional investors own 91.03% of the company's stock.

Wall Street Analysts Forecast Growth

ZBRA has been the subject of several recent analyst reports. Needham & Company LLC increased their price target on Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. BNP Paribas Exane raised 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. Citigroup restated a "neutral" rating and issued a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Morgan Stanley upped 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, Robert W. Baird upped their price objective on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a report on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $357.44.

Zebra Technologies Trading Down 1.5%

Shares of NASDAQ ZBRA traded down $4.91 during mid-day trading on Monday, hitting $317.09. 440,532 shares of the company traded hands, compared to its average volume of 643,262. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $427.76. The stock has a market capitalization of $16.12 billion, a price-to-earnings ratio of 29.94 and a beta of 1.79. 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 business has a 50 day moving average of $321.24 and a two-hundred day moving average of $292.75.

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, beating the consensus estimate of $3.31 by $0.30. The business 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%.Zebra Technologies's revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business posted $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, sell-side analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its Board of Directors has initiated a stock repurchase program on Tuesday, August 5th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

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.