Robeco Institutional Asset Management B.V. Has $37.71 Million Stock Position in Zebra Technologies Corporation $ZBRA

Robeco Institutional Asset Management B.V. reduced its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 22.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 122,290 shares of the industrial products company's stock after selling 34,872 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.24% of Zebra Technologies worth $37,709,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Alyeska Investment Group L.P. acquired a new position in Zebra Technologies during the 1st quarter valued at $99,995,000. Victory Capital Management Inc. raised its position in shares of Zebra Technologies by 27.5% during the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company's stock valued at $334,469,000 after buying an additional 255,193 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of Zebra Technologies by 5,704.9% in the first quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company's stock valued at $73,286,000 after buying an additional 254,895 shares during the period. Nuveen LLC acquired a new stake in Zebra Technologies during the first quarter worth about $46,633,000. Finally, AQR Capital Management LLC increased its stake in Zebra Technologies by 381.6% during the first quarter. AQR Capital Management LLC now owns 201,652 shares of the industrial products company's stock valued at $55,892,000 after acquiring an additional 159,781 shares during the period. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $305.01 on Friday. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The company has a 50 day moving average of $315.79 and a 200-day moving average of $294.18. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The firm has a market cap of $15.51 billion, a price-to-earnings ratio of 28.80 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the company earned $3.18 EPS. Zebra Technologies's revenue for the quarter 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. On average, equities analysts forecast 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 approved a share 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 often an indication that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts have recently weighed in on ZBRA shares. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective on the stock in a report on Thursday, July 10th. Zacks Research upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 12th. Citigroup restated a "neutral" rating and issued a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Truist Financial lifted their target price on shares of Zebra Technologies from $269.00 to $319.00 and gave the company a "hold" rating in a research report on Wednesday, August 6th. Finally, Barclays set a $301.00 price target on shares of Zebra Technologies and gave the stock an "equal weight" rating in a research report on Tuesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Zebra Technologies has an average rating of "Moderate Buy" and a consensus price target 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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