United Services Automobile Association Invests $348,000 in Zebra Technologies Corporation $ZBRA

Key Points

• United Services Automobile Association acquired a new stake in Zebra Technologies Corporation, purchasing 1,241 shares worth approximately $348,000 in the first quarter.
• Zebra Technologies reported earnings of $3.61 per share in its latest quarter, surpassing analysts' expectations by $0.30, and its revenue was up 6.2% year-over-year.
• The company has authorized a share repurchase plan of $250 million, indicating that its board believes the stock is undervalued.

United Services Automobile Association bought a new position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,241 shares of the industrial products company's stock, valued at approximately $348,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brown Advisory Inc. raised its position in shares of Zebra Technologies by 8.7% during the 1st quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company's stock valued at $495,000 after purchasing an additional 140 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Zebra Technologies by 33.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company's stock worth $2,236,000 after purchasing an additional 1,964 shares during the period. Oppenheimer Asset Management Inc. boosted its position in Zebra Technologies by 1.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company's stock valued at $981,000 after buying an additional 66 shares during the period. Asset Management One Co. Ltd. boosted its position in Zebra Technologies by 6.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company's stock valued at $6,024,000 after buying an additional 1,267 shares during the period. Finally, Jacobs Levy Equity Management Inc. purchased a new stake in Zebra Technologies in the 1st quarter valued at about $4,121,000. Hedge funds and other institutional investors own 91.03% of the company's stock.

Zebra Technologies Stock Down 0.2%

Shares of ZBRA stock traded down $0.70 on Wednesday, hitting $317.71. 95,096 shares of the stock were exchanged, compared to its average volume of 580,186. The firm has a market capitalization of $16.16 billion, a P/E ratio of 30.13 and a beta of 1.78. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The business has a 50-day moving average of $321.39 and a 200 day moving average of $292.55.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (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 the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $3.18 earnings per share. The firm'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. Equities analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current year.

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

Analysts Set New Price Targets

A number of research firms have issued reports on ZBRA. Needham & Company LLC raised their price target on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. BNP Paribas Exane upgraded shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target on the stock in a research report on Thursday, July 10th. Morgan Stanley boosted their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. Citigroup reissued a "neutral" rating and issued a $342.00 price target (up from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Finally, BNP Paribas raised shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Thursday, July 10th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus 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.