Parallel Advisors LLC Increases Position in Zebra Technologies Corporation $ZBRA

Parallel Advisors LLC grew its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 101.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 457 shares of the industrial products company’s stock after buying an additional 230 shares during the period. Parallel Advisors LLC’s holdings in Zebra Technologies were worth $141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of ZBRA. Alyeska Investment Group L.P. acquired a new position in shares of Zebra Technologies in the 1st quarter valued at $99,995,000. Victory Capital Management Inc. boosted its stake 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 purchasing an additional 255,193 shares during the period. Pacer Advisors Inc. boosted its stake in Zebra Technologies by 5,704.9% during 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 period. GAMMA Investing LLC boosted its stake in Zebra Technologies by 20,849.2% during the 1st quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company’s stock worth $72,335,000 after purchasing an additional 254,777 shares during the period. Finally, Nuveen LLC purchased a new position in Zebra Technologies during the 1st quarter worth $46,633,000. Institutional investors and hedge funds own 91.03% of the company’s stock.

Zebra Technologies Price Performance

Zebra Technologies stock opened at $314.05 on Wednesday. Zebra Technologies Corporation has a 12-month low of $205.73 and a 12-month high of $427.76. The stock has a market capitalization of $15.97 billion, a P/E ratio of 29.66 and a beta of 1.79. The firm’s 50-day moving average is $320.72 and its two-hundred day moving average is $293.19. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.46 and a quick ratio of 1.03.

Zebra Technologies (NASDAQ:ZBRA) last released its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.30. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the company earned $3.18 EPS. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. Zebra Technologies has set its FY 2025 guidance at 15.250-15.750 EPS. Q3 2025 guidance at 3.600-3.800 EPS. Equities analysts predict that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies announced that its board has initiated a stock buyback program on Tuesday, August 5th that permits the company to buyback $250.00 million in outstanding shares. This buyback authorization permits the industrial products company to purchase up to 1.4% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

ZBRA has been the subject of a number of analyst reports. Barclays set a $301.00 price objective on shares of Zebra Technologies and gave the stock an “equal weight” rating in a research report on Tuesday, August 5th. BNP Paribas Exane upgraded shares of Zebra Technologies from a “neutral” rating to an “outperform” rating and set a $408.00 price objective for the company in a research report on Thursday, July 10th. Citigroup restated a “neutral” rating and set a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a research report on Monday, July 14th. Truist Financial upped their price objective on shares of Zebra Technologies from $269.00 to $319.00 and gave the stock a “hold” rating in a research report on Wednesday, August 6th. Finally, Needham & Company LLC upped their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Two investment analysts have 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $357.44.

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.