Norway Savings Bank Raises Position in Zebra Technologies Corporation $ZBRA

Norway Savings Bank grew its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 20.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,960 shares of the industrial products company’s stock after purchasing an additional 662 shares during the quarter. Norway Savings Bank’s holdings in Zebra Technologies were worth $1,221,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Investment Management Corp VA ADV purchased a new position in shares of Zebra Technologies during the 4th quarter worth $27,000. Zions Bancorporation National Association UT purchased a new position in shares of Zebra Technologies during the 1st quarter worth $27,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Zebra Technologies during the 1st quarter worth $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Zebra Technologies during the 1st quarter worth $30,000. Finally, Brooklyn Investment Group lifted 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 purchasing an additional 54 shares during the period. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Stock Down 1.1%

NASDAQ:ZBRA opened at $312.65 on Friday. The company has a market capitalization of $15.90 billion, a price-to-earnings ratio of 29.52 and a beta of 1.78. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $427.76. The stock has a 50-day simple moving average of $321.40 and a 200 day simple moving average of $292.65. 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 issued its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the company posted $3.18 earnings per share. Zebra Technologies’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. Sell-side analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has initiated a share buyback program on Tuesday, August 5th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ZBRA shares. Morgan Stanley increased their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Barclays set a $301.00 target price on Zebra Technologies and gave the stock an “equal weight” rating in a research report on Tuesday, August 5th. Truist Financial increased their target price on Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a research report on Wednesday, August 6th. Needham & Company LLC increased their target price on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, BNP Paribas raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $357.44.

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.