Zebra Technologies Corporation $ZBRA Stock Holdings Boosted by WCM Investment Management LLC

Key Points

• WCM Investment Management LLC increased its stake in Zebra Technologies by 11.5%, owning a total of 10,490 shares valued at approximately $3.24 million as of the latest SEC filing.
• Multiple analysts have given varying ratings for Zebra Technologies, with the consensus rating being a Moderate Buy and a target price set at $369.56.
• Zebra Technologies reported earnings of $3.61 per share for the recent quarter, surpassing estimates and showing a year-over-year revenue increase of 6.2%.

WCM Investment Management LLC lifted its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 11.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 10,490 shares of the industrial products company's stock after acquiring an additional 1,081 shares during the period. WCM Investment Management LLC's holdings in Zebra Technologies were worth $3,244,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZBRA. Tokio Marine Asset Management Co. Ltd. lifted its stake 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 valued at $527,000 after buying an additional 35 shares in the last quarter. Allworth Financial LP lifted its stake in Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company's stock valued at $54,000 after buying an additional 44 shares in the last quarter. Horizon Investments LLC lifted its stake in Zebra Technologies by 6.5% during the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company's stock valued at $212,000 after buying an additional 46 shares in the last quarter. Whittier Trust Co. lifted its stake in Zebra Technologies by 15.8% during the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company's stock valued at $97,000 after buying an additional 47 shares in the last quarter. Finally, Blue Trust Inc. lifted its stake in Zebra Technologies by 81.7% during the second quarter. Blue Trust Inc. now owns 109 shares of the industrial products company's stock valued at $34,000 after buying an additional 49 shares in the last quarter. Institutional investors own 91.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ZBRA. BNP Paribas Exane raised shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price objective for the company in a research note on Thursday, July 10th. Truist Financial increased their price target on shares of Zebra Technologies from $319.00 to $350.00 and gave the stock a "hold" rating in a research report on Wednesday, October 8th. Zacks Research lowered shares of Zebra Technologies from a "strong-buy" rating to a "hold" rating in a research report on Monday. Citigroup increased their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a "neutral" rating in a research report on Thursday, October 9th. Finally, Morgan Stanley increased their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. One 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, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $369.56.

Zebra Technologies Price Performance

Shares of ZBRA opened at $293.93 on Friday. The firm has a market cap of $14.95 billion, a PE ratio of 27.76 and a beta of 1.75. The firm's 50 day moving average price is $309.74 and its 200 day moving average price is $294.54. 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 Corporation has a twelve month low of $205.73 and a twelve month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates 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 for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm 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. As a group, research analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has authorized a stock repurchase plan 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 buy up to 1.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

Zebra Technologies 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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