Ameriprise Financial Inc. Grows Stock Holdings in Zebra Technologies Corporation $ZBRA

Ameriprise Financial Inc. lifted its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 7.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 315,191 shares of the industrial products company’s stock after purchasing an additional 21,516 shares during the period. Ameriprise Financial Inc. owned about 0.61% of Zebra Technologies worth $89,060,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ZBRA. Investment Management Corp VA ADV purchased a new position in Zebra Technologies in the fourth quarter valued at $27,000. Zions Bancorporation National Association UT purchased a new position in Zebra Technologies in the first quarter valued at $27,000. Cary Street Partners Investment Advisory LLC purchased a new position in Zebra Technologies in the first quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in Zebra Technologies in the first quarter valued at $30,000. Finally, Brooklyn Investment Group boosted its holdings in Zebra Technologies by 101.9% in the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 54 shares during the period. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Stock Down 1.0%

Zebra Technologies stock opened at $319.55 on Tuesday. 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 stock has a market cap of $16.25 billion, a PE ratio of 30.17 and a beta of 1.75. The stock’s fifty day moving average is $318.96 and its two-hundred day moving average is $293.50.

Zebra Technologies (NASDAQ:ZBRA) last posted its earnings results 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 business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the firm earned $3.18 earnings per share. The business’s 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. On average, sell-side analysts expect that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its board has approved a share buyback program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire up to 1.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. BNP Paribas Exane upgraded Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 target price for the company in a report on Thursday, July 10th. Truist Financial lifted their target price on Zebra Technologies from $269.00 to $319.00 and gave the company a “hold” rating in a report on Wednesday, August 6th. Robert W. Baird lifted their target price on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a report on Monday, July 14th. Wall Street Zen cut Zebra Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, May 1st. Finally, Needham & Company LLC raised their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $357.44.

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.