Twin Tree Management LP Has $3.17 Million Position in Zebra Technologies Corporation $ZBRA

Key Points

• Twin Tree Management LP has significantly increased its stake in Zebra Technologies Corporation by 38,011.1%, owning 10,290 shares valued at approximately $3.17 million as of the latest SEC filing.
• The company's stock has received various ratings from analysts, with target prices ranging from $346.00 to $375.00, and is currently rated as a "Moderate Buy" with a consensus target price of $369.56.
• Zebra Technologies reported an earnings per share (EPS) of $3.61 for the last quarter, exceeding expectations, and initiated a share buyback plan worth $250 million, signaling confidence in its stock valuation.

Twin Tree Management LP increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 38,011.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,290 shares of the industrial products company's stock after buying an additional 10,263 shares during the period. Twin Tree Management LP's holdings in Zebra Technologies were worth $3,173,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH bought a new stake in Zebra Technologies during the second quarter worth approximately $25,000. Zions Bancorporation National Association UT bought a new stake in Zebra Technologies during the first quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in Zebra Technologies during the first quarter worth approximately $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Zebra Technologies during the first quarter worth approximately $30,000. Finally, Brooklyn Investment Group boosted its position in Zebra Technologies by 101.9% during the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock worth $30,000 after purchasing an additional 54 shares during the period. Institutional investors and hedge funds own 91.03% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Barclays set a $375.00 target price on Zebra Technologies in a research report on Tuesday, October 7th. Citigroup upped their target price on Zebra Technologies from $340.00 to $346.00 and gave the stock a "neutral" rating in a research report on Thursday, October 9th. Robert W. Baird upped their target price on Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a research report on Monday, July 14th. Truist Financial raised their price objective on shares of Zebra Technologies from $319.00 to $350.00 and gave the stock a "hold" rating in a research note on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $369.56.

Zebra Technologies Stock Up 0.2%

Shares of ZBRA stock opened at $293.93 on Friday. The stock has a market cap of $14.95 billion, a P/E ratio of 27.76 and a beta of 1.75. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $427.76. The stock has a fifty day moving average price of $309.74 and a 200 day moving average price of $294.54. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS 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%.Zebra Technologies's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the business earned $3.18 earnings per share. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its Board of Directors has initiated a share buyback 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 repurchase up to 1.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

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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