Mcdaniel Terry & Co. Acquires 1,285 Shares of Zebra Technologies Corporation $ZBRA

Mcdaniel Terry & Co. increased its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 2.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 51,669 shares of the industrial products company’s stock after purchasing an additional 1,285 shares during the quarter. Zebra Technologies makes up 1.3% of Mcdaniel Terry & Co.’s investment portfolio, making the stock its 27th biggest holding. Mcdaniel Terry & Co. owned approximately 0.10% of Zebra Technologies worth $15,933,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Trust Co. of Toledo NA OH bought a new position in Zebra Technologies during the 2nd quarter worth approximately $25,000. Zions Bancorporation National Association UT bought a new position in Zebra Technologies during the first quarter worth $27,000. Cary Street Partners Investment Advisory LLC bought a new stake in Zebra Technologies during the first quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Zebra Technologies during the 1st quarter worth about $30,000. Finally, Brooklyn Investment Group raised its position in shares of Zebra Technologies by 101.9% in the 1st quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock worth $30,000 after acquiring an additional 54 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Down 1.6%

Shares of NASDAQ:ZBRA opened at $308.82 on Friday. The business’s 50 day moving average is $307.43 and its 200 day moving average is $297.00. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The stock has a market cap of $15.70 billion, a price-to-earnings ratio of 29.16 and a beta of 1.75. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59.

Zebra Technologies (NASDAQ:ZBRA) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, beating the consensus estimate of $3.31 by $0.30. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the business earned $3.18 EPS. The business’s revenue was up 6.2% on a year-over-year basis. 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, sell-side analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

Zebra Technologies announced that its board has approved a stock buyback plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

ZBRA has been the topic of several research analyst reports. Barclays set a $375.00 target price on Zebra Technologies in a research report on Tuesday, October 7th. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective for the company in a research note on Thursday, July 10th. Citigroup raised their price target on shares of Zebra Technologies from $340.00 to $346.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Truist Financial increased their price objective on shares of Zebra Technologies from $319.00 to $350.00 and gave the stock a “hold” rating in a research report on Wednesday, October 8th. Finally, Needham & Company LLC boosted their target price on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $369.56.

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.