Zebra Technologies Corporation $ZBRA Stock Position Trimmed by Hartline Investment Corp

Hartline Investment Corp cut its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 62.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 7,840 shares of the industrial products company’s stock after selling 13,122 shares during the quarter. Hartline Investment Corp’s holdings in Zebra Technologies were worth $2,418,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Praxis Investment Management Inc. bought a new stake in Zebra Technologies in the 2nd quarter valued at about $660,000. WCM Investment Management LLC lifted its position in Zebra Technologies by 11.5% in the 2nd quarter. WCM Investment Management LLC now owns 10,490 shares of the industrial products company’s stock valued at $3,244,000 after purchasing an additional 1,081 shares during the last quarter. Twin Tree Management LP lifted its position in Zebra Technologies by 38,011.1% in the 2nd quarter. Twin Tree Management LP now owns 10,290 shares of the industrial products company’s stock valued at $3,173,000 after purchasing an additional 10,263 shares during the last quarter. Equitable Trust Co. lifted its position in Zebra Technologies by 87.4% in the 2nd quarter. Equitable Trust Co. now owns 3,032 shares of the industrial products company’s stock valued at $935,000 after purchasing an additional 1,414 shares during the last quarter. Finally, Boston Trust Walden Corp raised its position in shares of Zebra Technologies by 6.2% during the 2nd quarter. Boston Trust Walden Corp now owns 173,652 shares of the industrial products company’s stock worth $53,547,000 after buying an additional 10,074 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Down 0.2%

NASDAQ ZBRA opened at $293.31 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 company’s 50 day simple moving average is $309.25 and its 200 day simple moving average is $294.61. 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 $14.91 billion, a P/E ratio of 27.70 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 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 business 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 firm earned $3.18 EPS. The business’s revenue for the quarter 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. Equities research analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its board has approved a share repurchase 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 purchase up to 1.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

A number of analysts have commented on ZBRA shares. Needham & Company LLC boosted their price target on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Robert W. Baird boosted their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research report on Monday, July 14th. 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 research report on Wednesday, August 6th. Finally, BNP Paribas Exane upgraded 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 report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Zebra Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $369.56.

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.