Rhumbline Advisers Sells 3,297 Shares of Zebra Technologies Corporation $ZBRA

Rhumbline Advisers decreased its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 3.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 100,990 shares of the industrial products company’s stock after selling 3,297 shares during the period. Rhumbline Advisers’ holdings in Zebra Technologies were worth $31,141,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of ZBRA. Mufg Securities Americas Inc. lifted its position in shares of Zebra Technologies by 24.0% during the 2nd quarter. Mufg Securities Americas Inc. now owns 1,127 shares of the industrial products company’s stock valued at $348,000 after buying an additional 218 shares during the last quarter. MAI Capital Management raised its stake in Zebra Technologies by 14.3% in the 2nd quarter. MAI Capital Management now owns 823 shares of the industrial products company’s stock valued at $254,000 after acquiring an additional 103 shares during the period. Hillsdale Investment Management Inc. lifted its holdings in Zebra Technologies by 26.6% during the second quarter. Hillsdale Investment Management Inc. now owns 2,855 shares of the industrial products company’s stock valued at $880,000 after purchasing an additional 600 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Zebra Technologies by 2.8% during the second quarter. JPMorgan Chase & Co. now owns 1,005,729 shares of the industrial products company’s stock worth $310,130,000 after purchasing an additional 27,620 shares during the period. Finally, DNB Asset Management AS boosted its position in Zebra Technologies by 1.8% during the second quarter. DNB Asset Management AS now owns 9,239 shares of the industrial products company’s stock worth $2,849,000 after purchasing an additional 165 shares during the period. 91.03% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Stock Up 0.5%

Shares of NASDAQ:ZBRA opened at $250.50 on Thursday. The firm has a fifty day moving average price of $279.88 and a two-hundred day moving average price of $300.12. The company has a market cap of $12.69 billion, a price-to-earnings ratio of 25.25 and a beta of 1.80. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.61 and a quick ratio of 1.03. Zebra Technologies Corporation has a one year low of $205.73 and a one year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, topping the consensus estimate of $3.75 by $0.13. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Zebra Technologies had a net margin of 9.74% and a return on equity of 18.08%. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Analysts anticipate that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

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

Analyst Upgrades and Downgrades

ZBRA has been the topic of several research reports. Truist Financial lowered their price target on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating on the stock in a research report on Wednesday, October 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Zebra Technologies in a report on Wednesday, October 8th. Barclays dropped their target price on Zebra Technologies from $375.00 to $360.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 29th. Needham & Company LLC lifted their price target on Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, Morgan Stanley boosted their price objective on Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $354.00.

Insiders Place Their Bets

In other Zebra Technologies news, Director Satish Dhanasekaran purchased 1,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $233.12 per share, with a total value of $233,120.00. Following the acquisition, the director directly owned 3,356 shares in the company, valued at approximately $782,350.72. The trade was a 42.44% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.84% of the stock is owned by corporate insiders.

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.