Zebra Technologies Corporation $ZBRA Shares Sold by Optas LLC

Optas LLC trimmed its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 31.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,278 shares of the industrial products company’s stock after selling 1,048 shares during the quarter. Optas LLC’s holdings in Zebra Technologies were worth $702,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Tokio Marine Asset Management Co. Ltd. grew its holdings in Zebra Technologies by 1.9% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,866 shares of the industrial products company’s stock valued at $527,000 after purchasing an additional 35 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Zebra Technologies by 29.7% during the first quarter. Allworth Financial LP now owns 192 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 44 shares during the last quarter. Horizon Investments LLC boosted its stake in shares of Zebra Technologies by 6.5% during the first quarter. Horizon Investments LLC now owns 750 shares of the industrial products company’s stock valued at $212,000 after acquiring an additional 46 shares during the last quarter. Whittier Trust Co. boosted its stake in Zebra Technologies by 15.8% in the 1st quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock worth $97,000 after buying an additional 47 shares during the last quarter. Finally, Net Worth Advisory Group boosted its stake in Zebra Technologies by 2.9% in the 1st quarter. Net Worth Advisory Group now owns 1,788 shares of the industrial products company’s stock worth $505,000 after buying an additional 50 shares during the last quarter. 91.03% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Morgan Stanley raised their price objective on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Zacks Research upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Barclays set a $375.00 price objective on Zebra Technologies in a report on Tuesday. BNP Paribas Exane upgraded Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective on the stock in a report on Thursday, July 10th. Finally, BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $369.11.

Zebra Technologies Stock Up 3.6%

Shares of Zebra Technologies stock opened at $307.28 on Thursday. 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 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The business’s fifty day moving average price is $313.93 and its two-hundred day moving average price is $294.49. The company has a market capitalization of $15.62 billion, a P/E ratio of 29.02 and a beta of 1.75.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings data 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 return on equity of 18.95% and a net margin of 10.56%.The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the business earned $3.18 EPS. The company’s quarterly 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. As a group, research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has initiated a share repurchase program on Tuesday, August 5th that authorizes the company to buyback $250.00 million in outstanding shares. This buyback authorization authorizes the industrial products company to repurchase up to 1.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Zebra Technologies 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.