Strs Ohio Purchases 893 Shares of Zebra Technologies Corporation $ZBRA

Strs Ohio raised its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 26.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 4,278 shares of the industrial products company’s stock after buying an additional 893 shares during the quarter. Strs Ohio’s holdings in Zebra Technologies were worth $1,319,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Trust Co. of Toledo NA OH bought a new position in Zebra Technologies in the 2nd quarter valued at about $25,000. Zions Bancorporation National Association UT bought a new position in Zebra Technologies in the 1st quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC bought a new position in Zebra Technologies in the 1st quarter valued at about $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Zebra Technologies in the 1st quarter valued at about $30,000. Finally, Brooklyn Investment Group increased its holdings in Zebra Technologies by 101.9% in the 1st 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. 91.03% of the stock is owned by institutional investors.

Zebra Technologies Stock Up 2.3%

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

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, topping the consensus estimate of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period last year, the company earned $3.49 EPS. The firm’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. On average, research analysts anticipate that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has approved a stock repurchase program on Tuesday, August 5th that allows the company to buyback $250.00 million in outstanding shares. This buyback authorization allows the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several research firms have commented on ZBRA. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. 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 note on Thursday, July 10th. Barclays reduced their price target on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 29th. Needham & Company LLC raised their price target on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, Robert W. Baird raised their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research note on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $354.00.

Zebra Technologies Company 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.