Zebra Technologies Corporation $ZBRA Shares Bought by Sequoia Financial Advisors LLC

Key Points

• Sequoia Financial Advisors LLC increased its stake in Zebra Technologies Corporation by 60.1% in Q2, owning 2,888 shares worth approximately $891,000.
• Analysts have set a new price target for Zebra Technologies, with Robert W. Baird increasing it to $367.00 and Barclays setting a target of $375.00, while the consensus rating is a "Moderate Buy."
• Zebra Technologies reported a Q2 earnings per share of $3.61, surpassing expectations, with a revenue of $1.29 billion, marking a 6.2% year-over-year increase.

Sequoia Financial Advisors LLC grew its position in Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 60.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,888 shares of the industrial products company's stock after acquiring an additional 1,084 shares during the period. Sequoia Financial Advisors LLC's holdings in Zebra Technologies were worth $891,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Tokio Marine Asset Management Co. Ltd. raised its position in shares of Zebra Technologies by 1.9% in 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 acquiring an additional 35 shares during the period. Allworth Financial LP raised its position in shares of 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 shares of 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 shares of 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, Blue Trust Inc. raised its holdings in Zebra Technologies by 81.7% in the 2nd quarter. Blue Trust Inc. now owns 109 shares of the industrial products company's stock valued at $34,000 after acquiring an additional 49 shares during the last quarter. Institutional investors and hedge funds own 91.03% of the company's stock.

Analysts Set New Price Targets

ZBRA has been the subject of a number of recent research reports. Robert W. Baird increased their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a report on Monday, July 14th. Barclays set a $375.00 price objective on shares of Zebra Technologies in a report on Tuesday, October 7th. BNP Paribas Exane upgraded shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective for the company in a report on Thursday, July 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Finally, Zacks Research downgraded shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a report on Monday, October 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $369.56.

Zebra Technologies Stock Performance

Zebra Technologies stock opened at $293.31 on Friday. The firm has a 50 day simple moving average of $309.25 and a 200-day simple moving average of $294.66. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. 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 market cap of $14.91 billion, a price-to-earnings ratio of 27.70 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share 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 during the quarter, compared to analysts' expectations of $1.29 billion. During the same quarter in the prior year, the company posted $3.18 EPS. The business's revenue for the quarter 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. On average, analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has authorized a share buyback plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the industrial products company to repurchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management 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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