Quantbot Technologies LP Buys 938 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Quantbot Technologies LP increased its stake in Zebra Technologies Corporation by 3.9%, owning a total of 24,917 shares valued at $7,041,000 by the end of the first quarter.
• Zebra Technologies reported $3.61 earnings per share, exceeding analyst expectations, and had a net margin of 10.56% with a revenue increase of 6.2% compared to the previous year.
• The company's board authorized a $250 million share buyback program, indicating confidence that its shares are undervalued, while institutional investors currently own 91.03% of the stock.

Quantbot Technologies LP boosted its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 3.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,917 shares of the industrial products company's stock after buying an additional 938 shares during the period. Quantbot Technologies LP's holdings in Zebra Technologies were worth $7,041,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Investment Management Corp VA ADV acquired a new stake in Zebra Technologies during the fourth quarter worth $27,000. Zions Bancorporation National Association UT acquired a new stake in Zebra Technologies during the first quarter worth $27,000. Coppell Advisory Solutions LLC acquired a new stake in Zebra Technologies during the fourth quarter worth $36,000. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Zebra Technologies in the 1st quarter valued at $29,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Zebra Technologies in the 1st quarter valued at $30,000. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Trading Up 4.6%

NASDAQ:ZBRA traded up $14.28 on Friday, hitting $322.79. 495,416 shares of the stock were exchanged, compared to its average volume of 594,007. The stock has a market capitalization of $16.41 billion, a price-to-earnings ratio of 30.48 and a beta of 1.75. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The company's 50-day moving average price is $317.65 and its 200 day moving average price is $295.45.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $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, equities research analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has approved a share repurchase plan on Tuesday, August 5th that authorizes the company to repurchase $250.00 million in shares. This repurchase authorization authorizes the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

ZBRA has been the topic of several recent analyst reports. Barclays set a $301.00 target price on shares of Zebra Technologies and gave the company an "equal weight" rating in a research note on Tuesday, August 5th. BNP Paribas upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Truist Financial boosted their target price on shares of Zebra Technologies from $269.00 to $319.00 and gave the company a "hold" rating in a research note on Wednesday, August 6th. Robert W. Baird boosted their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research note on Monday, July 14th. Finally, Needham & Company LLC boosted their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. One equities research 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 stock. According to data from MarketBeat.com, Zebra Technologies has an average 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.