Mitsubishi UFJ Asset Management Co. Ltd. Acquires 9,093 Shares of Zebra Technologies Corporation $ZBRA

Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Zebra Technologies Corporation (NASDAQ:ZBRAFree Report) by 10.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,881 shares of the industrial products company’s stock after purchasing an additional 9,093 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.19% of Zebra Technologies worth $30,491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ZBRA. Alyeska Investment Group L.P. bought a new stake in Zebra Technologies in the first quarter worth $99,995,000. Victory Capital Management Inc. increased its holdings in shares of Zebra Technologies by 27.5% during 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 acquiring an additional 255,193 shares in the last quarter. Pacer Advisors Inc. raised its position in shares of Zebra Technologies by 5,704.9% in the 1st quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock worth $73,286,000 after purchasing an additional 254,895 shares during the last quarter. Nuveen LLC bought a new position in Zebra Technologies in the 1st quarter worth about $46,633,000. Finally, AQR Capital Management LLC grew its position in Zebra Technologies by 381.6% during the 1st quarter. AQR Capital Management LLC now owns 201,652 shares of the industrial products company’s stock valued at $55,892,000 after purchasing an additional 159,781 shares during the last quarter. Institutional investors own 91.03% of the company’s stock.

Zebra Technologies Price Performance

Shares of ZBRA opened at $255.17 on Wednesday. The firm has a fifty day simple moving average of $295.96 and a two-hundred day simple moving average of $301.55. The firm has a market cap of $12.93 billion, a PE ratio of 25.72 and a beta of 1.80. The company has a current ratio of 1.61, a quick ratio of 1.03 and a debt-to-equity ratio of 0.56. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76.

Zebra Technologies (NASDAQ:ZBRAGet Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $1.32 billion. Zebra Technologies had a return on equity of 18.08% and a net margin of 9.74%.Zebra Technologies’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.49 earnings per share. Zebra Technologies has set its Q4 2025 guidance at 4.200-4.400 EPS. FY 2025 guidance at 15.800-15.800 EPS. On average, equities analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its board has approved a stock buyback plan on Tuesday, August 5th that allows the company to buyback $250.00 million in shares. This buyback authorization allows the industrial products company to buy up to 1.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts have issued reports on ZBRA shares. Needham & Company LLC lifted their target price on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Morgan Stanley boosted their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. KeyCorp reiterated a “sector weight” rating on shares of Zebra Technologies in a research note on Thursday, October 30th. Zacks Research lowered Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Finally, Truist Financial decreased their price target on Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $354.00.

View Our Latest Stock Analysis on Zebra Technologies

About Zebra Technologies

(Free Report)

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.

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Institutional Ownership by Quarter for Zebra Technologies (NASDAQ:ZBRA)

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