Zebra Technologies Corporation $ZBRA Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale trimmed its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 6.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 26,599 shares of the industrial products company’s stock after selling 1,716 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Zebra Technologies were worth $8,243,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Brown Advisory Inc. lifted its stake in Zebra Technologies by 8.7% in the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company’s stock valued at $495,000 after buying an additional 140 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Zebra Technologies by 33.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company’s stock valued at $2,236,000 after buying an additional 1,964 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Zebra Technologies by 1.9% in the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company’s stock valued at $981,000 after buying an additional 66 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in Zebra Technologies by 6.3% in the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company’s stock valued at $6,024,000 after buying an additional 1,267 shares during the last quarter. Finally, Fifth Third Bancorp lifted its stake in Zebra Technologies by 31.9% in the second quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock valued at $1,271,000 after buying an additional 996 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ZBRA. Truist Financial lifted their price objective on shares of Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a research note on Wednesday, October 8th. Morgan Stanley lifted their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a research note on Friday. Citigroup boosted their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a research report on Thursday, October 9th. Finally, Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. One investment 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 stock. Based on data from MarketBeat, Zebra Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $369.56.

Zebra Technologies Trading Down 1.6%

NASDAQ:ZBRA opened at $308.82 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. The stock’s 50-day moving average is $307.43 and its two-hundred day moving average is $297.00. The stock has a market cap of $15.70 billion, a PE ratio of 29.16 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share 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 company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the business posted $3.18 EPS. The business’s revenue for the quarter 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 forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its Board of Directors has initiated a stock buyback plan on Tuesday, August 5th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the industrial products company to repurchase up to 1.4% of its stock through open market purchases. Stock buyback plans are often an indication 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.