Zebra Technologies Corporation $ZBRA Stock Holdings Lifted by Northern Trust Corp

Northern Trust Corp raised its position in Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 15.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 575,869 shares of the industrial products company’s stock after purchasing an additional 78,506 shares during the quarter. Northern Trust Corp owned approximately 1.12% of Zebra Technologies worth $162,718,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Investment Management Corp VA ADV purchased a new position in Zebra Technologies in the fourth quarter valued at about $27,000. Zions Bancorporation National Association UT bought a new stake in shares of Zebra Technologies during the 1st quarter worth about $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Zebra Technologies during the 1st quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Zebra Technologies during the 1st quarter worth about $30,000. Finally, Brooklyn Investment Group boosted its stake in shares of Zebra Technologies by 101.9% during the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Price Performance

Shares of ZBRA stock opened at $322.79 on Friday. The stock has a 50 day moving average of $318.43 and a two-hundred day moving average of $295.03. 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. The company has a market capitalization of $16.41 billion, a P/E ratio of 30.48 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, topping analysts’ consensus estimates of $3.31 by $0.30. The company had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company earned $3.18 EPS. 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 analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its board has approved a stock buyback program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in shares. This buyback authorization authorizes the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have recently issued reports on ZBRA shares. BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. 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 note on Wednesday, August 6th. Citigroup reiterated a “neutral” rating and set a $342.00 price target (up previously from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Truist Financial upped their price target on Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen downgraded Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Zebra Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $357.44.

Read Our Latest Stock Analysis on ZBRA

Zebra Technologies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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