Zebra Technologies Corporation $ZBRA Shares Sold by Bayforest Capital Ltd

Bayforest Capital Ltd cut its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 75.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 226 shares of the industrial products company’s stock after selling 712 shares during the period. Bayforest Capital Ltd’s holdings in Zebra Technologies were worth $70,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Trust Co. of Toledo NA OH acquired a new stake in shares of Zebra Technologies during the second quarter worth $25,000. Zions Bancorporation National Association UT purchased a new position in Zebra Technologies during the 1st quarter worth $27,000. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Zebra Technologies in the 1st quarter worth $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $30,000. Finally, Brooklyn Investment Group boosted its holdings in shares of Zebra Technologies by 101.9% in the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 54 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ZBRA. Morgan Stanley raised 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 report on Wednesday, August 6th. Citigroup increased their target price on Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a research note on Thursday, October 9th. BNP Paribas raised Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Zacks Research downgraded Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Finally, BNP Paribas Exane raised shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price target on the stock in a research note on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $369.56.

Zebra Technologies Stock Performance

ZBRA opened at $293.31 on Friday. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The stock has a market cap of $14.91 billion, a P/E ratio of 27.70 and a beta of 1.75. The stock’s 50 day simple moving average is $309.25 and its 200 day simple moving average is $294.61. 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 (NASDAQ:ZBRA) last posted its earnings results 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. 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 the consensus estimate of $1.29 billion. During the same period in the previous year, the business earned $3.18 earnings per share. Zebra Technologies’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, equities analysts anticipate 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 repurchase program on Tuesday, August 5th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is 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.