Bank of Montreal Can Sells 3,489 Shares of Zebra Technologies Corporation $ZBRA

Bank of Montreal Can lessened its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 11.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 27,126 shares of the industrial products company’s stock after selling 3,489 shares during the quarter. Bank of Montreal Can’s holdings in Zebra Technologies were worth $8,365,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in shares of Zebra Technologies by 1.7% in the 1st quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company’s stock valued at $1,798,627,000 after purchasing an additional 104,940 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in Zebra Technologies by 27.5% in the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company’s stock valued at $334,469,000 after buying an additional 255,193 shares during the period. JPMorgan Chase & Co. boosted its position in Zebra Technologies by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company’s stock valued at $276,375,000 after acquiring an additional 43,500 shares during the last quarter. Northern Trust Corp grew its holdings in Zebra Technologies by 15.8% during the 1st quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company’s stock worth $162,718,000 after acquiring an additional 78,506 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its position in shares of Zebra Technologies by 1.6% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 437,048 shares of the industrial products company’s stock worth $134,768,000 after acquiring an additional 6,875 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ZBRA shares. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. Morgan Stanley lifted their target price on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Robert W. Baird boosted their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a research note on Monday, July 14th. Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Finally, Citigroup lowered their price objective on shares of Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $354.00.

Zebra Technologies Price Performance

Shares of NASDAQ:ZBRA opened at $259.54 on Monday. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The stock’s 50 day moving average is $298.13 and its 200-day moving average is $301.37. The company has a quick ratio of 1.03, a current ratio of 1.61 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 26.16 and a beta of 1.80.

Zebra Technologies (NASDAQ:ZBRA) last announced its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 EPS for the quarter, beating analysts’ consensus estimates of $3.75 by $0.13. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.32 billion. During the same quarter in the previous year, the business posted $3.49 EPS. Zebra Technologies’s quarterly revenue was up 5.2% on a year-over-year basis. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. Sell-side analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies declared that its Board of Directors has authorized a stock buyback plan on Tuesday, August 5th that allows the company to repurchase $250.00 million in outstanding shares. This repurchase authorization allows the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board believes its shares are undervalued.

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.