Vaughan Nelson Investment Management L.P. Makes New $83.40 Million Investment in JBT Marel Corporation $JBTM

Vaughan Nelson Investment Management L.P. acquired a new position in shares of JBT Marel Corporation (NYSE:JBTM) during the 2nd quarter, Holdings Channel reports. The fund acquired 693,475 shares of the company’s stock, valued at approximately $83,397,000.

Several other large investors also recently added to or reduced their stakes in the stock. Hilltop National Bank bought a new stake in JBT Marel during the second quarter worth approximately $89,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in JBT Marel during the second quarter worth approximately $1,073,000. Truist Financial Corp bought a new stake in JBT Marel during the second quarter worth approximately $2,292,000. Janney Montgomery Scott LLC bought a new stake in JBT Marel during the second quarter worth approximately $272,000. Finally, Smith Chas P & Associates PA Cpas bought a new stake in JBT Marel during the second quarter worth approximately $1,853,000. 98.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

JBTM has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of JBT Marel in a research note on Saturday, September 27th. William Blair raised JBT Marel from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 6th. Finally, Robert W. Baird set a $169.00 target price on JBT Marel in a research note on Friday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, JBT Marel currently has an average rating of “Moderate Buy” and a consensus target price of $156.00.

JBT Marel Stock Up 1.2%

Shares of NYSE:JBTM opened at $145.05 on Friday. JBT Marel Corporation has a 52-week low of $90.08 and a 52-week high of $148.76. The stock has a market cap of $7.54 billion, a P/E ratio of -63.34, a price-to-earnings-growth ratio of 2.00 and a beta of 1.21. The business’s 50 day moving average is $139.43 and its 200 day moving average is $124.32. The company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35.

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

JBT Marel Announces Dividend

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

About JBT Marel

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.