Nordea Investment Management AB Lowers Stock Holdings in Zebra Technologies Corporation $ZBRA

Nordea Investment Management AB lowered its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 13.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,777 shares of the industrial products company’s stock after selling 8,169 shares during the quarter. Nordea Investment Management AB’s holdings in Zebra Technologies were worth $16,069,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brown Advisory Inc. raised its holdings in shares of Zebra Technologies by 8.7% in the 1st quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company’s stock valued at $495,000 after purchasing an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Zebra Technologies by 33.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company’s stock valued at $2,236,000 after purchasing an additional 1,964 shares in the last quarter. Oppenheimer Asset Management Inc. raised its holdings in shares of Zebra Technologies by 1.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company’s stock valued at $981,000 after purchasing an additional 66 shares in the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Zebra Technologies by 6.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company’s stock valued at $6,024,000 after purchasing an additional 1,267 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in shares of Zebra Technologies by 31.9% in the 2nd quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock valued at $1,271,000 after purchasing an additional 996 shares in the last quarter. Institutional investors own 91.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ZBRA. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. BNP Paribas Exane raised 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. Needham & Company LLC lifted 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. Robert W. Baird lifted their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research report on Monday, July 14th. Finally, Barclays set a $375.00 price objective on shares of Zebra Technologies in a research report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $369.56.

Zebra Technologies Stock Down 0.2%

NASDAQ:ZBRA opened at $293.31 on Monday. The company has a market cap of $14.91 billion, a PE ratio of 27.70 and a beta of 1.75. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The company has a current ratio of 1.46, a quick ratio of 1.03 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average is $309.25 and its two-hundred day moving average is $295.05.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.30. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. Zebra Technologies’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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. Analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its board has authorized a stock 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 buy up to 1.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are 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.