MBB Public Markets I LLC Invests $313,000 in Zebra Technologies Corporation $ZBRA

Key Points

• MBB Public Markets I LLC has invested an approximate amount of $313,000 in Zebra Technologies Corporation, acquiring 1,107 shares of the company's stock during the first quarter.
• Zebra Technologies reported a quarterly earnings per share of $3.61, exceeding analysts' estimates of $3.31, and projected a fiscal year 2025 earnings guidance of 15.250-15.750 EPS.
• The company's Board of Directors has authorized a share buyback plan allowing for the purchase of up to $250 million in shares, indicating confidence in the company's valuation.

MBB Public Markets I LLC purchased a new stake in shares of Zebra Technologies Corporation (NASDAQ:ZBRA - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 1,107 shares of the industrial products company's stock, valued at approximately $313,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors boosted its position in Zebra Technologies by 8.7% during the 4th quarter. Captrust Financial Advisors now owns 4,542 shares of the industrial products company's stock worth $1,754,000 after buying an additional 364 shares during the period. Cetera Investment Advisers boosted its position in Zebra Technologies by 2.5% during the 4th quarter. Cetera Investment Advisers now owns 7,752 shares of the industrial products company's stock worth $2,994,000 after buying an additional 189 shares during the period. Janus Henderson Group PLC boosted its position in Zebra Technologies by 5.9% during the 4th quarter. Janus Henderson Group PLC now owns 6,376 shares of the industrial products company's stock worth $2,463,000 after buying an additional 357 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Zebra Technologies by 32.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,384 shares of the industrial products company's stock worth $12,494,000 after buying an additional 7,936 shares during the period. Finally, Millennium Management LLC boosted its position in Zebra Technologies by 53.2% during the 4th quarter. Millennium Management LLC now owns 147,244 shares of the industrial products company's stock worth $56,869,000 after buying an additional 51,158 shares during the period. 91.03% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ZBRA has been the topic of a number of recent analyst reports. Needham & Company LLC boosted their price target 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. Truist Financial boosted their price target 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. Robert W. Baird boosted their price target on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an "outperform" rating in a research report on Monday, July 14th. BNP Paribas upgraded shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 10th. Finally, Morgan Stanley boosted their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $357.44.

Zebra Technologies Trading Down 1.1%

Shares of NASDAQ:ZBRA traded down $3.36 during mid-day trading on Friday, hitting $312.65. The company had a trading volume of 516,923 shares, compared to its average volume of 452,336. The firm has a fifty day moving average price of $321.40 and a 200 day moving average price of $292.65. The company has a market capitalization of $15.90 billion, a PE ratio of 29.52 and a beta of 1.78. 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 Corporation has a one year low of $205.73 and a one year high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share for the quarter, beating 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 for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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, research analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies announced that its Board of Directors has approved a share buyback plan 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 stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

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.