--- title: "Wesbanco Bank Inc. Purchases Shares of 162,610 The Marzetti Company $MZTI" type: "News" locale: "en" url: "https://longbridge.com/en/news/285811219.md" description: "Wesbanco Bank Inc. acquired 162,610 shares of The Marzetti Company (NASDAQ:MZTI) during Q4, valued at approximately $26.7 million, making it the 27th largest holding in its portfolio. Other institutional investors also increased their stakes in Marzetti. The stock is currently down 2.8%, with a market cap of $3.12 billion and a P/E ratio of 17.79. Marzetti recently reported quarterly earnings, missing estimates, and declared a quarterly dividend of $1.00 per share. Analysts have mixed ratings on the stock, with a consensus rating of \"Hold\" and an average price target of $169.33." datetime: "2026-05-09T11:37:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285811219.md) - [en](https://longbridge.com/en/news/285811219.md) - [zh-HK](https://longbridge.com/zh-HK/news/285811219.md) generator: "portal-rs" --- # Wesbanco Bank Inc. Purchases Shares of 162,610 The Marzetti Company $MZTI Wesbanco Bank Inc. purchased a new stake in The Marzetti Company (NASDAQ:MZTI - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 162,610 shares of the company's stock, valued at approximately $26,736,000. Marzetti comprises about 0.7% of Wesbanco Bank Inc.'s portfolio, making the stock its 27th largest holding. Wesbanco Bank Inc. owned approximately 0.59% of Marzetti as of its most recent SEC filing. - Lancaster Colony Corporation NASDAQ: LANC Is About To Raise The Dividend A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Marzetti in the 4th quarter valued at $33,000. Lodestone Wealth Management LLC bought a new stake in Marzetti in the 4th quarter valued at $37,000. Farther Finance Advisors LLC bought a new stake in Marzetti in the 4th quarter valued at $52,000. Blue Trust Inc. purchased a new position in shares of Marzetti in the 4th quarter worth $57,000. Finally, Nisa Investment Advisors LLC purchased a new position in shares of Marzetti in the 4th quarter worth $62,000. 66.44% of the stock is currently owned by institutional investors. ## Marzetti Stock Down 2.8% Shares of NASDAQ:MZTI opened at $113.69 on Friday. The Marzetti Company has a 52 week low of $111.04 and a 52 week high of $190.96. The firm has a fifty day simple moving average of $142.84 and a two-hundred day simple moving average of $157.73. The stock has a market capitalization of $3.12 billion, a P/E ratio of 17.79 and a beta of 0.38. Marzetti (NASDAQ:MZTI - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $2.15 EPS for the quarter, missing analysts' consensus estimates of $2.23 by ($0.08). Marzetti had a return on equity of 18.12% and a net margin of 9.06%.The firm had revenue of $509.77 million for the quarter. Marzetti's revenue was up 1.7% compared to the same quarter last year. ## Marzetti Announces Dividend The company also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 6th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 3.5%. Marzetti's payout ratio is currently 62.60%. ## Analysts Set New Price Targets MZTI has been the subject of a number of recent research reports. Weiss Ratings reissued a "hold (c)" rating on shares of Marzetti in a research note on Friday, January 9th. Stephens dropped their price objective on shares of Marzetti from $160.00 to $140.00 and set an "equal weight" rating for the company in a research note on Wednesday. Wall Street Zen cut shares of Marzetti from a "buy" rating to a "hold" rating in a research note on Saturday, January 31st. Finally, DA Davidson dropped their price objective on shares of Marzetti from $184.00 to $168.00 and set a "neutral" rating for the company in a research note on Monday, March 16th. One investment analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $169.33. **Check Out Our Latest Report on MZTI** ## About Marzetti (Free Report) Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. ## Read More - Five stocks we like better than Marzetti **Want to see what other hedge funds are holding MZTI?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Marzetti Company (NASDAQ:MZTI - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* ## Should You Invest $1,000 in Marzetti Right Now? Before you consider Marzetti, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Marzetti wasn't on the list. While Marzetti currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [MZTI.US](https://longbridge.com/en/quote/MZTI.US.md) - [WSBC.US](https://longbridge.com/en/quote/WSBC.US.md) - [LANC.US](https://longbridge.com/en/quote/LANC.US.md) - [MLR.US](https://longbridge.com/en/quote/MLR.US.md) - [SPR.DE](https://longbridge.com/en/quote/SPR.DE.md) - [ILLR.US](https://longbridge.com/en/quote/ILLR.US.md) - [NA.US](https://longbridge.com/en/quote/NA.US.md) - [3772.JP](https://longbridge.com/en/quote/3772.JP.md) - [LSR.AU](https://longbridge.com/en/quote/LSR.AU.md) - [LIO.UK](https://longbridge.com/en/quote/LIO.UK.md) - [BASC.UK](https://longbridge.com/en/quote/BASC.UK.md) - [UFG.UK](https://longbridge.com/en/quote/UFG.UK.md) - [FFNW.US](https://longbridge.com/en/quote/FFNW.US.md) - [BHM.US](https://longbridge.com/en/quote/BHM.US.md) - [TBI.US](https://longbridge.com/en/quote/TBI.US.md) - [ADAML.US](https://longbridge.com/en/quote/ADAML.US.md) - [NISN.US](https://longbridge.com/en/quote/NISN.US.md) - [7172.JP](https://longbridge.com/en/quote/7172.JP.md) - [NIPG.US](https://longbridge.com/en/quote/NIPG.US.md) - [WMK.US](https://longbridge.com/en/quote/WMK.US.md) - [AFX.DE](https://longbridge.com/en/quote/AFX.DE.md) - [NRO RTWI.US](https://longbridge.com/en/quote/NRO RTWI.US.md) - [STEP.US](https://longbridge.com/en/quote/STEP.US.md) - [4250.JP](https://longbridge.com/en/quote/4250.JP.md) - [3962.JP](https://longbridge.com/en/quote/3962.JP.md) - [7550.JP](https://longbridge.com/en/quote/7550.JP.md) - [000402.CN](https://longbridge.com/en/quote/000402.CN.md) - [CLW.AU](https://longbridge.com/en/quote/CLW.AU.md) - [DCI.US](https://longbridge.com/en/quote/DCI.US.md) - [DTCK.US](https://longbridge.com/en/quote/DTCK.US.md) - [HOG.US](https://longbridge.com/en/quote/HOG.US.md) - [GSUS.US](https://longbridge.com/en/quote/GSUS.US.md) - [GSID.US](https://longbridge.com/en/quote/GSID.US.md) - [MKTW.US](https://longbridge.com/en/quote/MKTW.US.md) - [WSBCO.US](https://longbridge.com/en/quote/WSBCO.US.md) - [ADAMZ.US](https://longbridge.com/en/quote/ADAMZ.US.md) - [ADAMN.US](https://longbridge.com/en/quote/ADAMN.US.md) - [ADAMM.US](https://longbridge.com/en/quote/ADAMM.US.md) - [ADAMG.US](https://longbridge.com/en/quote/ADAMG.US.md) - [ADAMI.US](https://longbridge.com/en/quote/ADAMI.US.md) - [ADAMH.US](https://longbridge.com/en/quote/ADAMH.US.md) - [ADAMO.US](https://longbridge.com/en/quote/ADAMO.US.md) - [ADAM.US](https://longbridge.com/en/quote/ADAM.US.md) - [CQR.AU](https://longbridge.com/en/quote/CQR.AU.md) - [CHC.AU](https://longbridge.com/en/quote/CHC.AU.md) - [CQE.AU](https://longbridge.com/en/quote/CQE.AU.md) - [DTCKF.US](https://longbridge.com/en/quote/DTCKF.US.md) ## Related News & Research - [18,409 Shares in The Marzetti Company $MZTI Acquired by First National Bank of Omaha](https://longbridge.com/en/news/296453433.md) - [Starfighters Space, Inc. GAAP EPS of -$0.24](https://longbridge.com/en/news/296400745.md) - [WesBanco, Inc. 7.375 DEP SR B declares $0.4609 dividend](https://longbridge.com/en/news/296457886.md) - [Vise Technologies Inc. Takes $1.51 Million Position in Paychex, Inc. $PAYX](https://longbridge.com/en/news/296698093.md) - [1,030,329 Shares in BranchOut Food Inc. $BOF Acquired by Bard Associates Inc.](https://longbridge.com/en/news/296675339.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**