Intech Investment Management LLC Sells 205 Shares of Zebra Technologies Corporation $ZBRA

Intech Investment Management LLC decreased its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 8.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,342 shares of the industrial products company’s stock after selling 205 shares during the period. Intech Investment Management LLC’s holdings in Zebra Technologies were worth $722,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Trust Co. of Toledo NA OH bought a new position in Zebra Technologies during the 2nd quarter worth about $25,000. Zions Bancorporation National Association UT acquired a new position in shares of Zebra Technologies during the first quarter worth about $27,000. Cary Street Partners Investment Advisory LLC bought a new position in shares of Zebra Technologies during the first quarter worth about $29,000. Brooklyn Investment Group grew its holdings in shares of Zebra Technologies by 101.9% during the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after buying an additional 54 shares in the last quarter. Finally, Blue Trust Inc. raised its position 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 buying an additional 49 shares during the last quarter. 91.03% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $233.12 per share, with a total value of $233,120.00. Following the completion of the transaction, the director directly owned 3,356 shares in the company, valued at $782,350.72. This represents a 42.44% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.84% of the company’s stock.

Zebra Technologies Price Performance

NASDAQ:ZBRA opened at $250.50 on Thursday. The stock has a market capitalization of $12.69 billion, a PE ratio of 25.25 and a beta of 1.80. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The firm has a fifty day simple moving average of $279.88 and a 200 day simple moving average of $300.12. The company has a current ratio of 1.61, a quick ratio of 1.03 and a debt-to-equity ratio of 0.56.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The company’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter last year, the company posted $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, research analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its board has authorized a share repurchase program 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 repurchase up to 1.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ZBRA. Needham & Company LLC upped their price target on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. KeyCorp reissued a “sector weight” rating on shares of Zebra Technologies in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Truist Financial decreased their target price on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. Finally, Zacks Research lowered shares of Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $354.00.

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.