MassMutual Private Wealth & Trust FSB Acquires 60 Shares of Zebra Technologies Corporation $ZBRA

MassMutual Private Wealth & Trust FSB increased its position in Zebra Technologies Corporation (NASDAQ:ZBRA) by 34.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 233 shares of the industrial products company’s stock after buying an additional 60 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Zebra Technologies were worth $72,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in ZBRA. Alyeska Investment Group L.P. purchased a new position in shares of Zebra Technologies in the first quarter worth $99,995,000. Victory Capital Management Inc. increased its stake in shares of Zebra Technologies by 27.5% in 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 buying an additional 255,193 shares during the period. Pacer Advisors Inc. increased its stake in shares of Zebra Technologies by 5,704.9% in the first quarter. Pacer Advisors Inc. now owns 259,363 shares of the industrial products company’s stock worth $73,286,000 after buying an additional 254,895 shares during the period. GAMMA Investing LLC increased its stake in shares of Zebra Technologies by 20,849.2% in the first quarter. GAMMA Investing LLC now owns 255,999 shares of the industrial products company’s stock worth $72,335,000 after buying an additional 254,777 shares during the period. Finally, Nuveen LLC purchased a new position in shares of Zebra Technologies in the first quarter worth $46,633,000. 91.03% of the stock is owned by hedge funds and other institutional investors.

Zebra Technologies Price Performance

ZBRA opened at $318.54 on Friday. 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 stock has a market capitalization of $16.20 billion, a P/E ratio of 30.08 and a beta of 1.78. The company’s 50-day simple moving average is $320.97 and its two-hundred day simple moving average is $292.90. Zebra Technologies Corporation has a 52-week low of $205.73 and a 52-week high of $427.76.

Zebra Technologies (NASDAQ:ZBRA) last posted its 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. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Zebra Technologies had a net margin of 10.56% and a return on equity of 18.95%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current year.

Zebra Technologies declared that its board has initiated a share buyback program 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 programs are often an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several brokerages recently commented on ZBRA. Robert W. Baird lifted their target price on shares of Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research note on Monday, July 14th. Morgan Stanley boosted their price objective on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Needham & Company LLC boosted their price objective on shares of Zebra Technologies from $325.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Barclays set a $301.00 price objective on shares of Zebra Technologies and gave the company an “equal weight” rating in a research report on Tuesday, August 5th. Finally, Truist Financial boosted their price objective on shares of Zebra Technologies from $269.00 to $319.00 and gave the company a “hold” rating in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock 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.