Callan Family Office LLC grew its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 22.4% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,866 shares of the industrial products company’s stock after buying an additional 1,074 shares during the period. Callan Family Office LLC’s holdings in Zebra Technologies were worth $1,809,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Zions Bancorporation National Association UT bought a new position in shares of Zebra Technologies during the 1st quarter worth approximately $27,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of Zebra Technologies in the 1st quarter worth $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Zebra Technologies in the 1st quarter worth $30,000. Brooklyn Investment Group lifted its holdings in shares of Zebra Technologies by 101.9% in the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 54 shares in the last quarter. Finally, Ameritas Advisory Services LLC bought a new position in shares of Zebra Technologies in the 2nd quarter worth $42,000. 91.03% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
ZBRA has been the topic of a number of recent research reports. Needham & Company LLC increased their target price on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Barclays set a $375.00 target price on Zebra Technologies in a report on Tuesday. Citigroup increased their target price on Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a report on Thursday. BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $369.56.
Zebra Technologies Stock Performance
NASDAQ ZBRA opened at $275.89 on Friday. 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 firm has a market cap of $14.03 billion, a price-to-earnings ratio of 26.05 and a beta of 1.75. The company has a fifty day moving average price of $311.94 and a 200-day moving average price of $294.44.
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the firm posted $3.18 EPS. The business’s revenue was up 6.2% compared to the same quarter last year. 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, equities research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.
Zebra Technologies announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, August 5th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is 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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