Vaughan Nelson Investment Management L.P. Has $84.98 Million Position in JBT Marel Corporation $JBTM

Vaughan Nelson Investment Management L.P. grew its stake in JBT Marel Corporation (NYSE:JBTM) by 34.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 664,550 shares of the company’s stock after acquiring an additional 169,655 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in JBT Marel were worth $84,976,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of JBTM. Eurizon Capital SGR S.p.A. bought a new position in JBT Marel during the 4th quarter worth approximately $25,000. CI Investments Inc. grew its holdings in JBT Marel by 69.2% during the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares during the period. Group One Trading LLC grew its holdings in JBT Marel by 49.3% during the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after purchasing an additional 72 shares during the period. EverSource Wealth Advisors LLC bought a new stake in JBT Marel in the second quarter valued at approximately $28,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in JBT Marel in the second quarter valued at approximately $29,000. 98.92% of the stock is currently owned by institutional investors and hedge funds.

JBT Marel Price Performance

Shares of JBTM opened at $132.84 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 1.01. The stock has a 50 day simple moving average of $129.44 and a 200 day simple moving average of $142.52. JBT Marel Corporation has a 52-week low of $113.67 and a 52-week high of $170.19. The firm has a market capitalization of $6.92 billion, a PE ratio of 41.51, a P/E/G ratio of 1.39 and a beta of 0.95.

JBT Marel (NYSE:JBTM) last posted its earnings results on Monday, May 4th. The company reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.09. The business had revenue of $936.00 million during the quarter. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.JBT Marel’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.97 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Sell-side analysts predict that JBT Marel Corporation will post 8.26 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio is currently 12.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Wall Street Zen lowered shares of JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday. Seaport Research Partners set a $165.00 price objective on shares of JBT Marel in a research report on Thursday, May 21st. Zacks Research downgraded JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Finally, Oppenheimer started coverage on JBT Marel in a report on Thursday, May 21st. They set an “outperform” rating and a $175.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $174.67.

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.