Modern Wealth Management LLC Has $1.57 Million Position in Zebra Technologies Corporation $ZBRA

Modern Wealth Management LLC boosted its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 5.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,564 shares of the industrial products company’s stock after purchasing an additional 312 shares during the quarter. Modern Wealth Management LLC’s holdings in Zebra Technologies were worth $1,572,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of ZBRA. Alyeska Investment Group L.P. purchased a new position in Zebra Technologies during the 1st quarter worth $99,995,000. Victory Capital Management Inc. boosted its holdings in Zebra Technologies by 27.5% during 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 acquiring an additional 255,193 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Zebra Technologies by 5,704.9% during the 1st quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock worth $73,286,000 after acquiring an additional 254,895 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Zebra Technologies by 20,849.2% during the 1st quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company’s stock worth $72,335,000 after acquiring an additional 254,777 shares during the last quarter. Finally, Nuveen LLC purchased a new position in Zebra Technologies during the 1st quarter worth $46,633,000. 91.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ZBRA has been the topic of a number of analyst reports. Robert W. Baird lifted their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a report on Monday, July 14th. BNP Paribas Exane raised shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a report on Thursday, July 10th. Barclays set a $301.00 price target on shares of Zebra Technologies and gave the stock an “equal weight” rating in a report on Tuesday, August 5th. Morgan Stanley boosted their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Finally, Truist Financial boosted their price target on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a report on Wednesday, August 6th. 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $357.44.

Zebra Technologies Trading Down 1.1%

Shares of Zebra Technologies stock opened at $312.65 on Friday. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76. The stock’s 50-day simple moving average is $321.40 and its 200 day simple moving average is $292.65. The stock has a market capitalization of $15.90 billion, a P/E ratio of 29.52 and a beta of 1.78. 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 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 business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the business posted $3.18 EPS. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. 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, research analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current year.

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