PharVision Advisers LLC Makes New $378,000 Investment 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 purchased a new stake in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 1,338 shares of the industrial products company's stock, valued at approximately $378,000.

Other large investors also recently modified their holdings of the company. Investment Management Corp VA ADV bought a new position in shares of Zebra Technologies in the 4th quarter valued at $27,000. Zions Bancorporation National Association UT acquired a new stake in Zebra Technologies in the first quarter valued at $27,000. Cary Street Partners Investment Advisory LLC acquired a new stake in Zebra Technologies in the first quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Zebra Technologies in the first quarter valued at $30,000. Finally, Brooklyn Investment Group increased its holdings in Zebra Technologies by 101.9% in the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock valued at $30,000 after purchasing an additional 54 shares during the period. 91.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on ZBRA. 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. BNP Paribas Exane upgraded Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective for the company in a report on Thursday, July 10th. Citigroup reiterated a "neutral" rating and set a $342.00 price target (up from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Morgan Stanley increased their price target 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, 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 report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $357.44.

Zebra Technologies Price Performance

ZBRA stock remained flat at $313.80 during mid-day trading on Monday. The company's stock had a trading volume of 591,815 shares, compared to its average volume of 463,015. The firm has a market cap of $15.96 billion, a PE ratio of 29.63 and a beta of 1.78. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The company has a fifty day simple moving average of $322.13 and a 200 day simple moving average of $292.36.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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%.The company's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.18 EPS. 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, analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its board has initiated a share repurchase 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 buy up to 1.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

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.