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

A number of other institutional investors also recently bought and sold shares of the business. Alyeska Investment Group L.P. acquired a new position in shares of Zebra Technologies during the first quarter worth about $99,995,000. Victory Capital Management Inc. increased its stake in shares of Zebra Technologies by 27.5% during the first quarter. Victory Capital Management Inc. now owns 1,183,710 shares of the industrial products company's stock worth $334,469,000 after acquiring an additional 255,193 shares during the period. Pacer Advisors Inc. increased its stake in shares of Zebra Technologies by 5,704.9% during the first quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company's stock worth $73,286,000 after acquiring an additional 254,895 shares during the period. GAMMA Investing LLC increased its stake in shares of Zebra Technologies by 20,849.2% during the first quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company's stock worth $72,335,000 after acquiring an additional 254,777 shares during the period. Finally, Nuveen LLC acquired a new position in shares of Zebra Technologies during the first quarter worth about $46,633,000. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Up 1.8%

Shares of ZBRA stock traded up $5.61 during trading on Monday, hitting $318.26. 139,192 shares of the company were exchanged, compared to its average volume of 581,550. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.03 and a current ratio of 1.46. The firm has a market capitalization of $16.18 billion, a price-to-earnings ratio of 30.05 and a beta of 1.78. The business's 50-day simple moving average is $321.40 and its 200 day simple moving average is $292.33. Zebra Technologies Corporation has a twelve month low of $205.73 and a twelve month high of $427.76.

Zebra Technologies (NASDAQ:ZBRA - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $3.61 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm posted $3.18 EPS. The business's revenue for the quarter was up 6.2% on a year-over-year basis. 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, analysts forecast that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its Board of Directors has authorized a share repurchase plan on Tuesday, August 5th that permits the company to repurchase $250.00 million in outstanding shares. This repurchase authorization permits the industrial products company to purchase up to 1.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Citigroup reissued a "neutral" rating and set a $342.00 price objective (up previously from $280.00) on shares of Zebra Technologies in a report on Monday, July 14th. Morgan Stanley upped their price target 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. Truist Financial upped their price target on shares of Zebra Technologies from $269.00 to $319.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. BNP Paribas raised shares of Zebra Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 10th. Finally, Robert W. Baird boosted their price objective on shares of Zebra Technologies from $320.00 to $367.00 and gave the company an "outperform" rating in a research report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently 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.