Zebra Technologies Corporation $ZBRA Stock Holdings Lowered by Alpha Wealth Funds LLC

Key Points

• Alpha Wealth Funds LLC reduced its holdings in Zebra Technologies by 45.2%, owning 1,700 shares after selling 1,400 shares in the second quarter.
• Recent analyst upgrades have set new target prices for Zebra, with the consensus now at $369.56, reflecting a generally positive outlook for the stock.
• Zebra Technologies reported $3.61 earnings per share for the last quarter, exceeding estimates and showing a 6.2% increase in revenue year-over-year.

Alpha Wealth Funds LLC lowered its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) by 45.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,700 shares of the industrial products company's stock after selling 1,400 shares during the period. Zebra Technologies accounts for 0.4% of Alpha Wealth Funds LLC's portfolio, making the stock its 26th biggest holding. Alpha Wealth Funds LLC's holdings in Zebra Technologies were worth $526,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Trust Co. of Toledo NA OH bought a new position in Zebra Technologies in the 2nd quarter valued at about $25,000. Zions Bancorporation National Association UT bought a new position in Zebra Technologies in the 1st quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC bought a new position in Zebra Technologies in the 1st quarter valued at about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Zebra Technologies in the 1st quarter valued at about $30,000. Finally, Brooklyn Investment Group grew its position in Zebra Technologies by 101.9% in the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company's stock valued at $30,000 after buying an additional 54 shares in the last quarter. Institutional investors own 91.03% of the company's stock.

Analyst Ratings Changes

ZBRA has been the subject of a number of recent analyst reports. Morgan Stanley increased their target price on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Robert W. Baird increased their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research report on Monday, July 14th. Needham & Company LLC increased their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Citigroup upped their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the company a "neutral" rating in a report on Thursday, October 9th. Finally, BNP Paribas Exane raised shares of Zebra Technologies from a "neutral" rating to an "outperform" rating and set a $408.00 price target for the company in a report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $369.56.

Zebra Technologies Price Performance

ZBRA stock opened at $293.31 on Friday. The firm has a 50-day moving average of $309.25 and a two-hundred day moving average of $294.66. The firm has a market capitalization of $14.91 billion, a PE ratio of 27.70 and a beta of 1.75. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $427.76.

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