ZWJ Investment Counsel Inc. Boosts Stake in Zebra Technologies Corporation $ZBRA

ZWJ Investment Counsel Inc. boosted its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 33.9% in the second quarter, Holdings Channel reports. The institutional investor owned 34,039 shares of the industrial products company’s stock after acquiring an additional 8,617 shares during the period. ZWJ Investment Counsel Inc.’s holdings in Zebra Technologies were worth $10,496,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. Tokio Marine Asset Management Co. Ltd. lifted its holdings in Zebra Technologies by 1.9% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock worth $527,000 after buying an additional 35 shares during the period. Allworth Financial LP lifted its holdings in Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock worth $54,000 after buying an additional 44 shares during the period. Horizon Investments LLC lifted its holdings in Zebra Technologies by 6.5% during the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock worth $212,000 after buying an additional 46 shares during the period. Whittier Trust Co. lifted its holdings in Zebra Technologies by 15.8% during the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock worth $97,000 after buying an additional 47 shares during the period. Finally, Net Worth Advisory Group lifted its holdings in Zebra Technologies by 2.9% during the first quarter. Net Worth Advisory Group now owns 1,788 shares of the industrial products company’s stock worth $505,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 91.03% of the company’s stock.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $305.01 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. The stock’s fifty day moving average price is $315.79 and its 200 day moving average price is $294.18. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $427.76. The company has a market cap of $15.51 billion, a price-to-earnings ratio of 28.80 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 (EPS) 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 firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $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 forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its board has initiated a stock repurchase 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 purchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

ZBRA has been the topic of a number of recent analyst reports. Barclays set a $301.00 price target on Zebra Technologies and gave the stock an “equal weight” rating in a research report on Tuesday, August 5th. BNP Paribas Exane raised Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price target on the stock in a research report on Thursday, July 10th. BNP Paribas raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Citigroup reaffirmed a “neutral” rating and set a $342.00 price target (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Finally, Morgan Stanley upped their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $357.44.

Zebra Technologies 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.