Alpha Wealth Funds LLC Has $526,000 Stock Holdings in Zebra Technologies Corporation $ZBRA

Alpha Wealth Funds LLC lessened its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 45.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,700 shares of the industrial products company’s stock after selling 1,400 shares during the quarter. Zebra Technologies comprises 0.4% of Alpha Wealth Funds LLC’s holdings, making the stock its 26th biggest position. Alpha Wealth Funds LLC’s holdings in Zebra Technologies were worth $526,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and 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 valued at approximately $25,000. Zions Bancorporation National Association UT acquired a new position in Zebra Technologies during the first quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC acquired a new position in Zebra Technologies during the first quarter valued at approximately $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Zebra Technologies during the first quarter valued at approximately $30,000. Finally, Brooklyn Investment Group grew its holdings 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.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ZBRA. Barclays set a $375.00 price objective on shares of Zebra Technologies in a research note on Tuesday, October 7th. Citigroup raised their price objective on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. Robert W. Baird raised their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research note on Monday, July 14th. Finally, BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $369.56.

Zebra Technologies Stock Down 0.2%

Shares of NASDAQ ZBRA opened at $293.31 on Friday. The stock has a market cap of $14.91 billion, a PE ratio of 27.70 and a beta of 1.75. The business has a fifty day moving average of $309.25 and a two-hundred day moving average of $294.66. 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) last issued its quarterly earnings data 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 company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The business’s revenue was up 6.2% on a year-over-year basis. During the same period last year, the business 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, equities research analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 5th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the industrial products company to repurchase 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.