Zebra Technologies Corporation $ZBRA Shares Acquired by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC significantly increased its stake in Zebra Technologies by 52.5% during the second quarter, owning 7,012 shares valued at approximately $2.16 million.
• Recent analyst ratings show a consensus of "Moderate Buy" for Zebra Technologies, with a price target range from $300 to $369.56.
• Zebra Technologies reported $3.61 EPS for the latest quarter, exceeding expectations and also announced a $250 million stock repurchase program.

Vanguard Personalized Indexing Management LLC lifted its stake in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 52.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,012 shares of the industrial products company's stock after purchasing an additional 2,414 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Zebra Technologies were worth $2,162,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ZBRA. Trust Co. of Toledo NA OH acquired a new stake in shares of Zebra Technologies in the 2nd quarter worth $25,000. Zions Bancorporation National Association UT purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC acquired a new stake in Zebra Technologies during the first quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Zebra Technologies during the first quarter worth about $30,000. Finally, Brooklyn Investment Group raised its stake 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 Analysts Forecast Growth

A number of analysts have recently issued reports on ZBRA shares. Weiss Ratings restated a "hold (c)" rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Morgan Stanley increased their price objective on Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. Citigroup lifted their target price on Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a research report on Thursday, October 9th. Truist Financial upped their price target on Zebra Technologies from $319.00 to $350.00 and gave the company a "hold" rating in a research note on Wednesday, October 8th. Finally, BNP Paribas raised Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $369.56.

Zebra Technologies Trading Up 0.2%

Shares of NASDAQ ZBRA opened at $293.93 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $14.95 billion, a PE ratio of 27.76 and a beta of 1.75. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The stock has a fifty day simple moving average of $309.74 and a 200-day simple moving average of $294.54.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating analysts' consensus estimates of $3.31 by $0.30. The company 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 revenue for the quarter was up 6.2% on a year-over-year basis. 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 analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has authorized a stock repurchase program on Tuesday, August 5th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the industrial products company to purchase 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 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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