Vontobel Holding Ltd. Has $38.13 Million Position in Zebra Technologies Corporation $ZBRA

Vontobel Holding Ltd. lowered its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 7.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,664 shares of the industrial products company's stock after selling 10,069 shares during the quarter. Vontobel Holding Ltd. owned about 0.24% of Zebra Technologies worth $38,133,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Tokio Marine Asset Management Co. Ltd. raised its position in Zebra Technologies by 1.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock worth $527,000 after purchasing an additional 35 shares during the last quarter. Allworth Financial LP raised its position in Zebra Technologies by 29.7% during the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after purchasing an additional 44 shares during the last quarter. Horizon Investments LLC raised its position in Zebra Technologies by 6.5% during the 1st quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock worth $212,000 after purchasing an additional 46 shares during the last quarter. Whittier Trust Co. raised its position in Zebra Technologies by 15.8% during the 1st quarter. Whittier Trust Co. now owns 344 shares of the industrial products company's stock worth $97,000 after purchasing an additional 47 shares during the last quarter. Finally, Net Worth Advisory Group raised its position in Zebra Technologies by 2.9% during the 1st quarter. Net Worth Advisory Group now owns 1,788 shares of the industrial products company's stock worth $505,000 after purchasing an additional 50 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Analyst Ratings Changes

Several brokerages recently issued reports on ZBRA. BNP Paribas Exane raised Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price for the company in a research report on Thursday, July 10th. Truist Financial increased their price target on Zebra Technologies from $319.00 to $350.00 and gave the stock a "hold" rating in a report on Wednesday. Weiss Ratings reiterated a "hold (c)" rating on shares of Zebra Technologies in a report on Wednesday. Morgan Stanley increased their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Finally, Barclays set a $375.00 price target on Zebra Technologies in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $369.11.

Zebra Technologies Stock Performance

Shares of ZBRA opened at $307.28 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The stock has a 50-day moving average of $313.93 and a 200-day moving average of $294.49. The company has a market cap of $15.62 billion, a PE ratio of 29.02 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.

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, beating the consensus estimate of $3.31 by $0.30. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period last year, the business posted $3.18 EPS. 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 research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its board has initiated a share repurchase 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 buy up to 1.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

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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