Zebra Technologies Corporation $ZBRA Shares Acquired by Wealth Enhancement Advisory Services LLC

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in Zebra Technologies by 49.9% during the 2nd quarter, now holding 11,860 shares valued at approximately $3.84 million.
• Zebra Technologies reported an EPS of $3.61 for the most recent quarter, exceeding analysts' expectations of $3.31, with a 6.2% increase in quarterly revenue year-over-year.
• The company has initiated a $250 million stock buyback program, indicating confidence from its board in the valuation of its shares.

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 49.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,860 shares of the industrial products company's stock after acquiring an additional 3,948 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Zebra Technologies were worth $3,839,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tokio Marine Asset Management Co. Ltd. increased its position in Zebra Technologies by 1.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company's stock worth $527,000 after buying an additional 35 shares during the period. GTS Securities LLC increased its position in Zebra Technologies by 5.0% during the fourth quarter. GTS Securities LLC now owns 794 shares of the industrial products company's stock worth $307,000 after buying an additional 38 shares during the period. Allworth Financial LP increased its position in Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock worth $54,000 after buying an additional 44 shares during the period. Horizon Investments LLC increased its position in Zebra Technologies by 6.5% during the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock worth $212,000 after buying an additional 46 shares during the period. Finally, Whittier Trust Co. grew its stake in shares of Zebra Technologies by 15.8% in the 1st quarter. Whittier Trust Co. now owns 344 shares of the industrial products company's stock valued at $97,000 after purchasing an additional 47 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Zebra Technologies Stock Down 2.1%

Zebra Technologies stock opened at $301.97 on Friday. 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 Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The company has a market cap of $15.36 billion, a PE ratio of 28.51 and a beta of 1.78. The stock's 50 day moving average price is $319.94 and its 200 day moving average price is $293.43.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping analysts' consensus estimates of $3.31 by $0.30. The company had revenue of $1.29 billion for 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%.Zebra Technologies's quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous 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. On average, sell-side analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its board has approved a share buyback program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

ZBRA has been the topic of several analyst reports. Citigroup reiterated a "neutral" rating and issued a $342.00 target price (up from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Barclays set a $301.00 target price on Zebra Technologies and gave the company an "equal weight" rating in a research note on Tuesday, August 5th. Robert W. Baird lifted their target price on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research note on Monday, July 14th. BNP Paribas Exane upgraded Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 target price on the stock in a research note on Thursday, July 10th. Finally, Zacks Research upgraded Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 12th. Two 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 stock 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.

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