Chicago Partners Investment Group LLC Has $477,000 Holdings in Zebra Technologies Corporation $ZBRA

Chicago Partners Investment Group LLC increased its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 74.1% during the second quarter, Holdings Channel reports. The fund owned 1,417 shares of the industrial products company’s stock after acquiring an additional 603 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Zebra Technologies were worth $477,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Trust Co. of Toledo NA OH acquired a new stake in Zebra Technologies during the 2nd quarter valued at $25,000. Zions Bancorporation National Association UT acquired a new position in Zebra Technologies during the first quarter valued at $27,000. Cary Street Partners Investment Advisory LLC acquired a new position in Zebra Technologies during the first quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Zebra Technologies during the first quarter valued at $30,000. Finally, Brooklyn Investment Group raised its position in Zebra Technologies by 101.9% during the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after buying an additional 54 shares during the period. 91.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on ZBRA shares. Needham & Company LLC upped their price target on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zebra Technologies in a research note on Wednesday, October 8th. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price target on the stock in a research report on Thursday, July 10th. Zacks Research downgraded shares of Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Finally, Truist Financial lifted their price objective on Zebra Technologies from $319.00 to $350.00 and gave the company a “hold” rating in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $369.56.

Zebra Technologies Trading Down 1.2%

Shares of ZBRA opened at $302.63 on Thursday. 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 Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The firm has a market capitalization of $15.39 billion, a PE ratio of 28.58 and a beta of 1.75. The stock’s fifty day simple moving average is $307.89 and its 200-day simple moving average is $295.72.

Zebra Technologies (NASDAQ:ZBRA) last released its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.30. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.18 EPS. 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 predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its Board of Directors has authorized a share repurchase plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its stock is undervalued.

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.