HB Wealth Management LLC Has $498,000 Stake in Zebra Technologies Corporation $ZBRA

HB Wealth Management LLC trimmed its position in shares of Zebra Technologies Corporation (NASDAQ:ZBRA) by 11.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,613 shares of the industrial products company’s stock after selling 208 shares during the period. HB Wealth Management LLC’s holdings in Zebra Technologies were worth $498,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of ZBRA. Alyeska Investment Group L.P. acquired a new stake in Zebra Technologies during the first quarter worth about $99,995,000. Victory Capital Management Inc. grew its stake in 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 buying an additional 255,193 shares in the last quarter. Pacer Advisors Inc. grew its stake in 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 buying an additional 254,895 shares in the last quarter. Nuveen LLC acquired a new stake in Zebra Technologies during the first quarter worth about $46,633,000. Finally, AQR Capital Management LLC boosted its stake in shares of Zebra Technologies by 381.6% in the 1st quarter. AQR Capital Management LLC now owns 201,652 shares of the industrial products company’s stock valued at $55,892,000 after purchasing an additional 159,781 shares in the last quarter. 91.03% of the stock is currently owned by institutional investors and hedge funds.

Zebra Technologies Stock Performance

NASDAQ ZBRA opened at $305.01 on Monday. Zebra Technologies Corporation has a 1 year low of $205.73 and a 1 year high of $427.76. 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 $15.51 billion, a price-to-earnings ratio of 28.80 and a beta of 1.75. The company has a fifty day moving average price of $315.79 and a 200-day moving average price of $294.30.

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, 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 firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the prior year, the business posted $3.18 EPS. The business’s revenue 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. As a group, equities research analysts predict that Zebra Technologies Corporation will post 13.71 EPS for the current fiscal year.

Zebra Technologies announced that its board has initiated a stock buyback program on Tuesday, August 5th that permits the company to repurchase $250.00 million in shares. This repurchase authorization permits the industrial products company to buy up to 1.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ZBRA shares. Weiss Ratings restated a “hold (c)” rating on shares of Zebra Technologies in a research note on Saturday, September 27th. Morgan Stanley raised their price target on shares of Zebra Technologies from $280.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. BNP Paribas upgraded shares of Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 10th. Citigroup restated a “neutral” rating and issued a $342.00 price target (up from $280.00) on shares of Zebra Technologies in a research note on Monday, July 14th. Finally, Truist Financial raised their price target on shares of Zebra Technologies from $269.00 to $319.00 and gave the company a “hold” rating in a research note on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Zebra Technologies presently has an average rating of “Moderate Buy” and a consensus target price 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.