Vestmark Advisory Solutions Inc. Acquires 15,429 Shares of Zebra Technologies Corporation $ZBRA

Key Points

• Vestmark Advisory Solutions Inc. increased its stake in Zebra Technologies by 112.9%, acquiring an additional 15,429 shares, bringing its total holdings to 29,092 shares valued at approximately $8.22 million.
• Zebra Technologies reported earnings of $3.61 per share, exceeding estimates by $0.30, with total revenue for the quarter matching expectations at $1.29 billion.
• The company has initiated a $250 million stock repurchase program, which reflects the board's belief that the stock is currently undervalued.

Vestmark Advisory Solutions Inc. boosted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 112.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,092 shares of the industrial products company's stock after buying an additional 15,429 shares during the quarter. Vestmark Advisory Solutions Inc. owned 0.06% of Zebra Technologies worth $8,220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its position in Zebra Technologies by 1.7% during the first quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company's stock worth $1,798,627,000 after buying an additional 104,940 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Zebra Technologies by 7.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,296,412 shares of the industrial products company's stock worth $500,701,000 after purchasing an additional 86,766 shares during the period. Victory Capital Management Inc. raised its stake in 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 worth $334,469,000 after purchasing an additional 255,193 shares during the period. JPMorgan Chase & Co. boosted its position in Zebra Technologies by 4.7% in the 1st quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company's stock valued at $276,375,000 after buying an additional 43,500 shares during the last quarter. Finally, Northern Trust Corp lifted its position in shares of Zebra Technologies by 17.2% during the fourth quarter. Northern Trust Corp now owns 497,363 shares of the industrial products company's stock worth $192,092,000 after purchasing an additional 72,989 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Down 1.3%

NASDAQ:ZBRA traded down $4.1870 during trading hours on Tuesday, hitting $313.2930. 234,877 shares of the stock traded hands, compared to its average volume of 593,383. The firm has a 50 day moving average price of $316.84 and a 200 day moving average price of $295.81. The firm has a market cap of $15.93 billion, a price-to-earnings ratio of 29.61 and a beta of 1.75. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. 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 (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating the consensus estimate of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.29 billion. During the same period in the previous year, the company posted $3.18 EPS. Zebra Technologies's revenue 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. Equities research analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its board has approved a stock repurchase plan 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 purchase up to 1.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ZBRA. BNP Paribas Exane raised 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. UBS Group reduced their price target on shares of Zebra Technologies from $425.00 to $410.00 and set a "buy" rating on the stock in a research report on Wednesday, April 30th. Truist Financial increased their price target on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a "hold" rating in a research report on Wednesday, August 6th. Needham & Company LLC lifted their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Finally, Citigroup reiterated a "neutral" rating and set a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $357.44.

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.