Zebra Technologies Corporation $ZBRA Shares Sold by Keystone Financial Services

Keystone Financial Services lowered its stake in Zebra Technologies Corporation (NASDAQ:ZBRA) by 23.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 818 shares of the industrial products company’s stock after selling 257 shares during the period. Keystone Financial Services’ holdings in Zebra Technologies were worth $252,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Zebra Technologies by 1.7% during 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 purchasing an additional 104,940 shares during the period. Victory Capital Management Inc. raised its holdings in Zebra Technologies by 27.5% during 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 buying an additional 255,193 shares during the period. JPMorgan Chase & Co. lifted its stake 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 buying an additional 43,500 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Zebra Technologies by 15.8% in the first quarter. Northern Trust Corp now owns 575,869 shares of the industrial products company’s stock worth $162,718,000 after buying an additional 78,506 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in shares of Zebra Technologies by 1.6% in the second 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. 91.03% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on ZBRA shares. Zacks Research lowered Zebra Technologies from a “strong-buy” rating to a “hold” rating in a report on Monday, October 13th. Needham & Company LLC increased their price objective on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Citigroup decreased their price objective on Zebra Technologies from $346.00 to $311.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Morgan Stanley upped their target price on Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Finally, Truist Financial decreased their price target on shares of Zebra Technologies from $350.00 to $331.00 and set a “hold” rating for the company in a report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $354.00.

Zebra Technologies Stock Up 0.5%

Shares of ZBRA stock opened at $259.54 on Friday. The stock’s 50 day simple moving average is $298.13 and its 200 day simple moving average is $300.39. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.03 and a current ratio of 1.61. The company 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 issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $3.88 earnings per share for the quarter, topping analysts’ consensus estimates of $3.75 by $0.13. The business had revenue of $1.32 billion during 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%. Zebra Technologies’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $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. As a group, research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has initiated 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 purchase up to 1.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its stock is 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.