PharVision Advisers LLC Invests $378,000 in Zebra Technologies Corporation $ZBRA

Key Points

• PharVision Advisers LLC acquired 1,338 shares of Zebra Technologies, valued at approximately $378,000, during the first quarter.
• Several large investors, including Vanguard Group and Victory Capital Management, have significantly increased their stakes in Zebra Technologies, indicating strong institutional support for the stock.
• Analysts have raised their price targets for Zebra Technologies, with a consensus target price now at $357.44, reflecting a positive outlook for the company amidst a recent stock repurchase program.

PharVision Advisers LLC bought a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,338 shares of the industrial products company's stock, valued at approximately $378,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Brown Advisory Inc. grew its holdings in Zebra Technologies by 8.7% in the 1st quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock valued at $495,000 after buying an additional 140 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in Zebra Technologies by 33.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock valued at $2,236,000 after buying an additional 1,964 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in Zebra Technologies by 1.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock valued at $981,000 after buying an additional 66 shares during the period. Asset Management One Co. Ltd. grew its holdings in Zebra Technologies by 6.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after buying an additional 1,267 shares during the period. Finally, Allworth Financial LP grew its holdings in Zebra Technologies by 29.7% in the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after buying an additional 44 shares during the period. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Stock Up 2.8%

Shares of Zebra Technologies stock traded up $8.44 during trading hours on Thursday, hitting $314.63. 157,978 shares of the company's stock traded hands, compared to its average volume of 583,009. The stock has a 50 day simple moving average of $321.78 and a 200-day simple moving average of $292.59. 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 company has a market cap of $16.00 billion, a PE ratio of 29.76 and a beta of 1.78. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month 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 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.30. The company 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 company's revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm 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. Equities research analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

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

Analyst Upgrades and Downgrades

Several analysts have commented on ZBRA shares. Robert W. Baird lifted their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a 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 report on Tuesday, August 5th. Truist Financial boosted their target price on Zebra Technologies from $269.00 to $319.00 and gave the stock a "hold" rating in a report on Wednesday, August 6th. Morgan Stanley boosted their target price on Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Finally, Citigroup restated a "neutral" rating and issued a $342.00 price target (up previously 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 issued a Buy rating and four have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $357.44.

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.