Modern Wealth Management LLC Buys 312 Shares of Zebra Technologies Corporation $ZBRA

Modern Wealth Management LLC grew its stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 5.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,564 shares of the industrial products company’s stock after buying an additional 312 shares during the period. Modern Wealth Management LLC’s holdings in Zebra Technologies were worth $1,572,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Strs Ohio bought a new stake in shares of Zebra Technologies during the first quarter valued at about $956,000. Advisors Capital Management LLC increased its position in shares of Zebra Technologies by 0.5% during the first quarter. Advisors Capital Management LLC now owns 17,664 shares of the industrial products company’s stock valued at $4,991,000 after buying an additional 89 shares during the period. Acadian Asset Management LLC increased its position in shares of Zebra Technologies by 58.3% during the first quarter. Acadian Asset Management LLC now owns 23,964 shares of the industrial products company’s stock valued at $6,767,000 after buying an additional 8,829 shares during the period. Focus Partners Wealth increased its position in shares of Zebra Technologies by 18.1% during the first quarter. Focus Partners Wealth now owns 18,059 shares of the industrial products company’s stock valued at $5,103,000 after buying an additional 2,762 shares during the period. Finally, Advisory Alpha LLC increased its position in shares of Zebra Technologies by 36.6% during the first quarter. Advisory Alpha LLC now owns 728 shares of the industrial products company’s stock valued at $206,000 after buying an additional 195 shares during the period. 91.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ZBRA shares. Barclays set a $301.00 price target on Zebra Technologies and gave the company an “equal weight” rating in a research report on Tuesday, August 5th. Citigroup restated a “neutral” rating and issued a $342.00 price objective (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Needham & Company LLC upped their price objective 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. Truist Financial upped their price objective on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” 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 objective on the stock in a research report on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Zebra Technologies has an average rating of “Moderate Buy” and a consensus target price of $357.44.

Zebra Technologies Stock Down 1.1%

Shares of ZBRA opened at $312.65 on Friday. The firm has a market cap of $15.90 billion, a P/E ratio of 29.52 and a beta of 1.78. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $427.76. The stock has a 50 day simple moving average of $321.40 and a two-hundred day simple moving average of $292.65. 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 announced its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $0.30. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $3.18 EPS. 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, analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its Board of Directors has authorized a share buyback program 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 programs are often an indication that the company’s board believes its stock is undervalued.

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.