R Squared Ltd Lowers Holdings in Zebra Technologies Corporation $ZBRA

R Squared Ltd lessened its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 30.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,098 shares of the industrial products company’s stock after selling 482 shares during the quarter. R Squared Ltd’s holdings in Zebra Technologies were worth $339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. raised its position in shares of Zebra Technologies by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company’s stock worth $1,798,627,000 after purchasing an additional 104,940 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Zebra Technologies by 27.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company’s stock worth $334,469,000 after purchasing an additional 255,193 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Zebra Technologies by 4.7% in the 1st quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company’s stock worth $276,375,000 after purchasing an additional 43,500 shares during the last quarter. Northern Trust Corp increased its holdings in Zebra Technologies by 15.8% in the 1st quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company’s stock worth $162,718,000 after buying an additional 78,506 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Zebra Technologies by 36.4% in the 1st quarter. Bank of New York Mellon Corp now owns 442,788 shares of the industrial products company’s stock worth $125,114,000 after buying an additional 118,247 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Zacks Research downgraded Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Robert W. Baird lifted their price objective on Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a report on Monday, July 14th. Morgan Stanley lifted their price objective on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Needham & Company LLC lifted their price objective on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat, Zebra Technologies has a consensus rating of “Moderate Buy” and an average target price of $369.56.

Zebra Technologies Trading Down 1.6%

Shares of NASDAQ:ZBRA opened at $308.82 on Friday. The stock has a 50 day moving average of $307.43 and a 200 day moving average of $297.00. The company has a market cap of $15.70 billion, a PE ratio of 29.16 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 12-month low of $205.73 and a 12-month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced 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. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the company posted $3.18 EPS. The firm’s revenue was up 6.2% on a year-over-year basis. 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 EPS for the current year.

Zebra Technologies announced that its Board of Directors has initiated a stock buyback program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

About Zebra Technologies

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.