R Squared Ltd Lowers Stock Position in Zebra Technologies Corporation $ZBRA

R Squared Ltd reduced its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 30.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,098 shares of the industrial products company’s stock after selling 482 shares during the period. R Squared Ltd’s holdings in Zebra Technologies were worth $339,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Tokio Marine Asset Management Co. Ltd. grew its position in Zebra Technologies by 1.9% during 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 acquiring an additional 35 shares during the last quarter. Allworth Financial LP grew its position in 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 grew its position in 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. grew its position in Zebra Technologies by 15.8% during the first quarter. Whittier Trust Co. now owns 344 shares of the industrial products company’s stock valued at $97,000 after acquiring an additional 47 shares during the last quarter. Finally, Blue Trust Inc. grew its position in Zebra Technologies by 81.7% during the second quarter. Blue Trust Inc. now owns 109 shares of the industrial products company’s stock valued at $34,000 after acquiring an additional 49 shares during the last quarter. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Performance

Shares of ZBRA stock opened at $308.82 on Friday. The stock has a fifty day moving average of $307.43 and a 200 day moving average of $297.00. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The firm has a market capitalization 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 announced its quarterly 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. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. Zebra Technologies had a return on equity of 18.95% and a net margin of 10.56%.The firm’s revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $3.18 earnings per share. 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 expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its Board of Directors has approved a stock repurchase plan on Tuesday, August 5th that permits the company to buyback $250.00 million in shares. This buyback authorization permits the industrial products company to reacquire up to 1.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of research analysts have commented on ZBRA shares. Robert W. Baird increased their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research report on Monday, July 14th. Barclays set a $375.00 target price on shares of Zebra Technologies in a report on Tuesday, October 7th. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a report on Friday. Truist Financial raised their target price on shares of Zebra Technologies from $319.00 to $350.00 and gave the stock a “hold” rating in a report on Wednesday, October 8th. Finally, Zacks Research cut shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. One equities research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $369.56.

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.