Zebra Technologies Corporation $ZBRA Holdings Lowered by Guinness Asset Management LTD

Guinness Asset Management LTD lowered its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 12.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,163 shares of the industrial products company’s stock after selling 170 shares during the quarter. Guinness Asset Management LTD’s holdings in Zebra Technologies were worth $328,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZBRA. Vanguard Group Inc. boosted its holdings in shares of Zebra Technologies by 1.7% in the first quarter. Vanguard Group Inc. now owns 6,365,470 shares of the industrial products company’s stock worth $1,798,627,000 after buying an additional 104,940 shares during the period. Victory Capital Management Inc. boosted its stake in Zebra Technologies by 27.5% in the 1st quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company’s stock worth $334,469,000 after purchasing an additional 255,193 shares during the period. JPMorgan Chase & Co. grew its position in Zebra Technologies by 4.7% during the 1st quarter. JPMorgan Chase & Co. now owns 978,109 shares of the industrial products company’s stock worth $276,375,000 after purchasing an additional 43,500 shares in the last quarter. Northern Trust Corp raised its stake 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 valued at $162,718,000 after purchasing an additional 78,506 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Zebra Technologies by 36.4% in the first quarter. Bank of New York Mellon Corp now owns 442,788 shares of the industrial products company’s stock valued at $125,114,000 after purchasing an additional 118,247 shares in the last quarter. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Price Performance

NASDAQ ZBRA opened at $316.01 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $16.07 billion, a PE ratio of 29.84 and a beta of 1.78. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The company has a 50 day moving average price of $321.63 and a two-hundred day moving average price of $292.63.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.30. The business 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%. Zebra Technologies’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $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, equities analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current fiscal year.

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

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ZBRA. Robert W. Baird lifted their price target on Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a report on Monday, July 14th. Barclays set a $301.00 target price on Zebra Technologies and gave the company an “equal weight” rating in a research note on Tuesday, August 5th. Citigroup reissued a “neutral” rating and issued a $342.00 price target (up from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Morgan Stanley boosted their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Finally, BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $357.44.

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.