Forum Financial Management LP Cuts Stock Position in Zebra Technologies Corporation $ZBRA

Forum Financial Management LP cut its holdings in Zebra Technologies Corporation (NASDAQ:ZBRA) by 15.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 867 shares of the industrial products company’s stock after selling 153 shares during the quarter. Forum Financial Management LP’s holdings in Zebra Technologies were worth $267,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brown Advisory Inc. increased its position in shares of Zebra Technologies by 8.7% in the first quarter. Brown Advisory Inc. now owns 1,751 shares of the industrial products company’s stock valued at $495,000 after buying an additional 140 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Zebra Technologies by 33.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 7,912 shares of the industrial products company’s stock worth $2,236,000 after purchasing an additional 1,964 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Zebra Technologies by 1.9% during the first quarter. Oppenheimer Asset Management Inc. now owns 3,473 shares of the industrial products company’s stock worth $981,000 after purchasing an additional 66 shares in the last quarter. Asset Management One Co. Ltd. increased its position in shares of Zebra Technologies by 6.3% during the first quarter. Asset Management One Co. Ltd. now owns 21,321 shares of the industrial products company’s stock worth $6,024,000 after purchasing an additional 1,267 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Zebra Technologies by 31.9% during the second quarter. Fifth Third Bancorp now owns 4,123 shares of the industrial products company’s stock worth $1,271,000 after purchasing an additional 996 shares in the last quarter. 91.03% of the stock is currently owned by hedge funds and other institutional investors.

Zebra Technologies Stock Performance

Shares of Zebra Technologies stock opened at $308.82 on Monday. The business’s fifty day simple moving average is $307.43 and its 200-day simple moving average is $297.96. Zebra Technologies Corporation has a 52 week low of $205.73 and a 52 week high of $427.76. The company has a quick ratio of 1.03, a current ratio of 1.46 and a debt-to-equity ratio of 0.59. The firm has a market cap of $15.70 billion, a PE ratio of 29.16 and a beta of 1.75.

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 return on equity of 18.95% and a net margin of 10.56%.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 prior year, the company earned $3.18 EPS. Zebra Technologies’s revenue 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. Equities analysts forecast that Zebra Technologies Corporation will post 13.71 earnings per share for the current year.

Zebra Technologies declared 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 reacquire up to 1.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. BNP Paribas upgraded Zebra Technologies from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 10th. Morgan Stanley boosted their price target on Zebra Technologies from $280.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Robert W. Baird boosted their price target on Zebra Technologies from $320.00 to $367.00 and gave the stock an “outperform” rating in a research report on Monday, July 14th. Needham & Company LLC boosted their price target on Zebra Technologies from $325.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Zacks Research cut Zebra Technologies from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $369.56.

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.