Zebra Technologies Corporation $ZBRA Shares Bought by Boston Trust Walden Corp

Key Points

• Boston Trust Walden Corp increased its stake in Zebra Technologies by 6.2%, acquiring an additional 10,074 shares to own a total of 173,652 shares worth approximately $53.5 million.
• Several analysts have raised their price targets for Zebra Technologies, with Barclays setting a new target of $375.00 and maintaining a consensus rating of "Moderate Buy."
• Zebra Technologies reported $3.61 EPS for the last quarter, surpassing analysts' expectations, and announced a $250 million stock buyback program reflecting confidence in its valuation.

Boston Trust Walden Corp boosted its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 6.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 173,652 shares of the industrial products company's stock after acquiring an additional 10,074 shares during the quarter. Boston Trust Walden Corp owned 0.34% of Zebra Technologies worth $53,547,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in ZBRA. Trust Co. of Toledo NA OH acquired a new position in Zebra Technologies during the second quarter worth about $25,000. Zions Bancorporation National Association UT bought a new position in shares of Zebra Technologies during the 1st quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC acquired a new stake in Zebra Technologies during the first quarter valued at approximately $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Zebra Technologies during the first quarter valued at approximately $30,000. Finally, Brooklyn Investment Group lifted 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 valued at $30,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Truist Financial upped their price target on Zebra Technologies from $319.00 to $350.00 and gave the company a "hold" rating in a report on Wednesday, October 8th. Morgan Stanley lifted their target price on Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Citigroup increased their price target on Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a research report on Thursday. Robert W. Baird increased their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research report on Monday, July 14th. Finally, Barclays set a $375.00 price target on Zebra Technologies in a research report on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Zebra Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $369.56.

Zebra Technologies Trading Up 2.2%

Shares of NASDAQ ZBRA opened at $281.96 on Tuesday. The stock has a market cap of $14.34 billion, a price-to-earnings ratio of 26.63 and a beta of 1.75. The business has a 50 day simple moving average of $310.75 and a 200 day simple moving average of $294.51. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company's revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the company 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, research analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies declared that its board has approved a stock buyback 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 repurchase up to 1.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

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.

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