Employees Retirement System of Texas Acquires Shares of 414 Zebra Technologies Corporation $ZBRA

Employees Retirement System of Texas acquired a new position in Zebra Technologies Corporation (NASDAQ:ZBRA) in the second quarter, Holdings Channel reports. The institutional investor acquired 414 shares of the industrial products company’s stock, valued at approximately $128,000.

A number of other large investors have also recently made changes to their positions in ZBRA. Boston Partners lifted its holdings in shares of Zebra Technologies by 18.1% in the 2nd quarter. Boston Partners now owns 1,125,880 shares of the industrial products company’s stock valued at $347,151,000 after acquiring an additional 172,396 shares during the last quarter. SlateStone Wealth LLC raised its position in Zebra Technologies by 7.7% during the second quarter. SlateStone Wealth LLC now owns 9,832 shares of the industrial products company’s stock valued at $3,032,000 after purchasing an additional 703 shares during the period. Laurel Wealth Advisors LLC lifted its stake in shares of Zebra Technologies by 30,736.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 46,254 shares of the industrial products company’s stock valued at $14,263,000 after purchasing an additional 46,104 shares during the last quarter. XTX Topco Ltd lifted its stake in shares of Zebra Technologies by 237.2% in the 2nd quarter. XTX Topco Ltd now owns 12,238 shares of the industrial products company’s stock valued at $3,774,000 after purchasing an additional 8,609 shares during the last quarter. Finally, Insigneo Advisory Services LLC purchased a new position in shares of Zebra Technologies in the 2nd quarter worth approximately $424,000. 91.03% of the stock is currently owned by institutional investors.

Zebra Technologies Stock Up 1.1%

Shares of ZBRA opened at $253.24 on Friday. The firm has a fifty day moving average price of $277.13 and a 200-day moving average price of $299.45. The company has a current ratio of 1.61, a quick ratio of 1.03 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $12.83 billion, a P/E ratio of 25.53 and a beta of 1.80. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last posted its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, topping the consensus estimate of $3.75 by $0.13. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.49 EPS. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. Equities research analysts expect that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared that its board has approved a stock repurchase 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 purchase up to 1.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ZBRA shares. KeyCorp restated a “sector weight” rating on shares of Zebra Technologies in a report on Thursday, October 30th. Citigroup cut their price objective on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 29th. Zacks Research downgraded shares of Zebra Technologies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 11th. Barclays dropped their price target on shares of Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday, October 29th. Finally, Morgan Stanley increased their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $354.00.

Insider Buying and Selling at Zebra Technologies

In other news, Director Satish Dhanasekaran purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average price of $233.12 per share, for a total transaction of $233,120.00. Following the completion of the acquisition, the director owned 3,356 shares of the company’s stock, valued at approximately $782,350.72. This trade represents a 42.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.84% of the company’s stock.

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.