Zebra Technologies Corporation $ZBRA Shares Sold by Rowlandmiller & PARTNERS.ADV

Rowlandmiller & PARTNERS.ADV trimmed its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 0.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 16,176 shares of the industrial products company’s stock after selling 63 shares during the quarter. Zebra Technologies makes up 1.0% of Rowlandmiller & PARTNERS.ADV’s holdings, making the stock its 27th biggest holding. Rowlandmiller & PARTNERS.ADV’s holdings in Zebra Technologies were worth $4,988,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ZBRA. Investment Management Corp VA ADV acquired a new stake in shares of Zebra Technologies in the fourth quarter valued at about $27,000. Zions Bancorporation National Association UT acquired a new stake in shares of Zebra Technologies in the first quarter valued at about $27,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $29,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Zebra Technologies in the first quarter valued at about $30,000. Finally, Brooklyn Investment Group grew its holdings in shares of Zebra Technologies by 101.9% in the first quarter. Brooklyn Investment Group now owns 107 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 54 shares during the period. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Trading Down 1.1%

Shares of ZBRA stock opened at $312.65 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03. The firm has a market cap of $15.90 billion, a PE ratio of 29.52 and a beta of 1.78. The company has a 50-day moving average of $321.40 and a two-hundred day moving average of $292.65. Zebra Technologies Corporation has a 1-year low of $205.73 and a 1-year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.31 by $0.30. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates 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 was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm posted $3.18 earnings per share. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. On average, analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on ZBRA shares. BNP Paribas raised shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 10th. Barclays set a $301.00 price objective on shares of Zebra Technologies and gave the company an “equal weight” rating in a report on Tuesday, August 5th. Needham & Company LLC upped their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Robert W. Baird upped their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an “outperform” rating in a report on Monday, July 14th. Finally, Morgan Stanley upped their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $357.44.

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.