Triodos Investment Management BV Makes New Investment in Zebra Technologies Corporation $ZBRA

Key Points

• Triodos Investment Management BV has acquired a new position in Zebra Technologies, purchasing 24,000 shares valued at approximately $7.4 million in the second quarter.
• Zebra Technologies reported earnings of $3.61 EPS for the last quarter, surpassing analysts' estimates of $3.31, and set FY 2025 guidance at 15.250-15.750 EPS.
• A newly approved share repurchase program allows Zebra Technologies to buy back $250 million in outstanding shares, indicating the company's leadership believes its stock is undervalued.

Triodos Investment Management BV purchased a new position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,000 shares of the industrial products company's stock, valued at approximately $7,401,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ZBRA. IFP Advisors Inc grew its stake in shares of Zebra Technologies by 64.1% in the second quarter. IFP Advisors Inc now owns 233 shares of the industrial products company's stock valued at $72,000 after buying an additional 91 shares in the last quarter. Callan Family Office LLC grew its stake in shares of Zebra Technologies by 22.4% in the second quarter. Callan Family Office LLC now owns 5,866 shares of the industrial products company's stock valued at $1,809,000 after buying an additional 1,074 shares in the last quarter. Venturi Wealth Management LLC grew its stake in shares of Zebra Technologies by 61.3% in the second quarter. Venturi Wealth Management LLC now owns 2,100 shares of the industrial products company's stock valued at $648,000 after buying an additional 798 shares in the last quarter. KLP Kapitalforvaltning AS grew its stake in shares of Zebra Technologies by 1.7% in the second quarter. KLP Kapitalforvaltning AS now owns 17,650 shares of the industrial products company's stock valued at $5,443,000 after buying an additional 300 shares in the last quarter. Finally, KPP Advisory Services LLC grew its stake in shares of Zebra Technologies by 37.0% in the second quarter. KPP Advisory Services LLC now owns 2,037 shares of the industrial products company's stock valued at $628,000 after buying an additional 550 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Trading Down 2.8%

NASDAQ:ZBRA opened at $298.79 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 business's 50 day moving average is $313.13 and its two-hundred day moving average is $294.50. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a market cap of $15.19 billion, a PE ratio of 28.21 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its 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 company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the business posted $3.18 EPS. Zebra Technologies's quarterly revenue was up 6.2% compared to the same quarter last year. 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 predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its board has approved a share repurchase 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 buy up to 1.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

ZBRA has been the subject of a number of recent research reports. Needham & Company LLC increased their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Truist Financial increased their target price on Zebra Technologies from $319.00 to $350.00 and gave the company a "hold" rating in a research note on Wednesday. BNP Paribas Exane upgraded Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price for the company in a research note on Thursday, July 10th. Citigroup increased their target price on Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a research note on Thursday. Finally, Morgan Stanley increased their target price on Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $369.56.

About Zebra Technologies

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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