Keybank National Association OH Cuts Position in Zebra Technologies Corporation $ZBRA

Keybank National Association OH lowered its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 21.3% during the second quarter, Holdings Channel reports. The institutional investor owned 872 shares of the industrial products company’s stock after selling 236 shares during the period. Keybank National Association OH’s holdings in Zebra Technologies were worth $269,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Zebra Technologies by 1.9% during the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock valued at $527,000 after acquiring an additional 35 shares during the period. Allworth Financial LP grew its holdings in shares of Zebra Technologies by 29.7% in the 1st quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock worth $54,000 after acquiring an additional 44 shares during the period. Horizon Investments LLC grew its holdings in shares of Zebra Technologies by 6.5% in the 1st quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock worth $212,000 after acquiring an additional 46 shares during the period. Whittier Trust Co. lifted its holdings in shares of Zebra Technologies by 15.8% in the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock valued at $97,000 after purchasing an additional 47 shares in the last quarter. Finally, Blue Trust Inc. grew its position in shares of Zebra Technologies by 81.7% in the second quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 49 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ZBRA has been the topic of a number of recent research reports. Barclays reduced their target price on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Robert W. Baird upped their price objective on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research report on Monday, July 14th. Truist Financial dropped their price objective on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research report on Wednesday, October 29th. KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Finally, Citigroup decreased their price target on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $354.00.

Zebra Technologies Trading Up 2.3%

Shares of ZBRA stock opened at $266.27 on Thursday. The firm has a market cap of $13.54 billion, a P/E ratio of 26.84 and a beta of 1.80. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.03. The firm’s 50-day simple moving average is $300.56 and its 200-day simple moving average is $300.42.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the firm earned $3.49 earnings per share. Zebra Technologies’s revenue was up 5.2% compared to the same quarter last year. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. As a group, equities analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its Board of Directors has authorized a stock repurchase program 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 programs are often a sign 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.