Vaughan Nelson Investment Management L.P. Buys New Shares in JBT Marel Corporation $JBTM

Vaughan Nelson Investment Management L.P. bought a new stake in shares of JBT Marel Corporation (NYSE:JBTM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 693,475 shares of the company’s stock, valued at approximately $83,397,000. Vaughan Nelson Investment Management L.P. owned approximately 1.33% of JBT Marel as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new position in JBT Marel during the second quarter valued at $50,000. Public Employees Retirement System of Ohio purchased a new position in JBT Marel during the second quarter valued at $63,000. Hilltop National Bank purchased a new position in JBT Marel during the second quarter valued at $89,000. Sage Rhino Capital LLC purchased a new position in JBT Marel during the second quarter valued at $208,000. Finally, Janney Montgomery Scott LLC purchased a new position in JBT Marel during the second quarter valued at $272,000. 98.92% of the stock is currently owned by hedge funds and other institutional investors.

JBT Marel Price Performance

NYSE:JBTM opened at $145.05 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.53 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $7.54 billion, a P/E ratio of -63.34, a P/E/G ratio of 2.00 and a beta of 1.21. JBT Marel Corporation has a 12 month low of $90.08 and a 12 month high of $148.76. The business’s 50-day moving average is $139.43 and its 200 day moving average is $124.32.

JBT Marel (NYSE:JBTM) last posted its earnings results on Monday, August 4th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.22. The company had revenue of $934.80 million for the quarter, compared to the consensus estimate of $898.77 million. JBT Marel had a positive return on equity of 7.96% and a negative net margin of 5.08%.JBT Marel’s quarterly revenue was up 132.4% compared to the same quarter last year. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. On average, equities research analysts forecast that JBT Marel Corporation will post 5.21 earnings per share for the current fiscal year.

JBT Marel Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, August 18th. JBT Marel’s payout ratio is currently -17.47%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on JBTM. Weiss Ratings reiterated a “hold (c-)” rating on shares of JBT Marel in a research report on Saturday, September 27th. Robert W. Baird set a $169.00 price objective on JBT Marel in a research report on Friday. Finally, William Blair upgraded JBT Marel from a “market perform” rating to an “outperform” rating in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $156.00.

JBT Marel Company Profile

JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.