Logan Capital Management Inc. Has $8.73 Million Stake in Zebra Technologies Corporation $ZBRA

Logan Capital Management Inc. reduced its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 8.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,313 shares of the industrial products company’s stock after selling 2,722 shares during the quarter. Logan Capital Management Inc. owned 0.06% of Zebra Technologies worth $8,731,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in ZBRA. Trust Co. of Toledo NA OH acquired a new position in shares of Zebra Technologies during the 2nd quarter worth about $25,000. Zions Bancorporation National Association UT bought a new position in Zebra Technologies during the first quarter worth about $27,000. Cary Street Partners Investment Advisory LLC bought a new position in Zebra Technologies during the first quarter worth about $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Zebra Technologies during the first quarter worth approximately $30,000. Finally, Brooklyn Investment Group raised its stake in 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 buying an additional 54 shares during the period. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Stock Up 0.6%

ZBRA stock opened at $310.57 on Tuesday. Zebra Technologies Corporation has a fifty-two week low of $205.73 and a fifty-two week high of $427.76. 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 has a market capitalization of $15.79 billion, a price-to-earnings ratio of 29.33 and a beta of 1.75. The business’s fifty day moving average price is $307.29 and its two-hundred day moving average price is $298.42.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 EPS for the quarter, beating the consensus estimate 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 prior year, the company posted $3.18 earnings per share. Zebra Technologies’s 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. On average, equities analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has authorized a share repurchase plan on Tuesday, August 5th that allows the company to repurchase $250.00 million in shares. This repurchase authorization allows the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

ZBRA has been the subject of several research analyst reports. Citigroup lifted 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. Needham & Company LLC raised their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Truist Financial upped their price objective on shares of Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a report on Wednesday, October 8th. Morgan Stanley increased 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. Finally, Barclays set a $375.00 target price on shares of Zebra Technologies in a research note on Tuesday, October 7th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average 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.