Private Client Services LLC Makes New Investment in Zebra Technologies Corporation $ZBRA

Key Points

• Private Client Services LLC has acquired 3,419 shares of Zebra Technologies Corporation valued at approximately $1,054,000 during Q2.
• Zebra Technologies reported $3.61 earnings per share (EPS) for Q2, surpassing estimates, and experienced a year-over-year revenue increase of 6.2%.
• The company has initiated a $250 million stock buyback program, indicating management believes its shares are undervalued.

Private Client Services LLC acquired a new position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,419 shares of the industrial products company's stock, valued at approximately $1,054,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Advisory Inc. boosted its stake in Zebra Technologies by 8.7% during the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock worth $495,000 after buying an additional 140 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake 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 worth $2,236,000 after buying an additional 1,964 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Zebra Technologies by 1.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock worth $981,000 after buying an additional 66 shares during the last quarter. Asset Management One Co. Ltd. boosted its stake in Zebra Technologies by 6.3% during 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 buying an additional 1,267 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after buying an additional 44 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $312.65 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. The firm has a market cap of $15.90 billion, a PE ratio of 29.52 and a beta of 1.78. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The business's fifty day simple moving average is $321.40 and its 200-day simple moving average is $292.65.

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

Zebra Technologies declared that its board has initiated a stock buyback program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Robert W. Baird boosted their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a research note on Monday, July 14th. Barclays set a $301.00 price target on Zebra Technologies and gave the company an "equal weight" rating in a research note on Tuesday, August 5th. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target on the stock in a research note on Thursday, July 10th. Citigroup reaffirmed a "neutral" rating and issued a $342.00 price target (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Finally, BNP Paribas raised Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $357.44.

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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