JBT Marel Corporation (NYSE:JBTM) Receives Average Rating of “Moderate Buy” from Analysts

JBT Marel Corporation (NYSE:JBTM) has been given a consensus rating of “Moderate Buy” by the five ratings firms that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $174.6667.

Several equities analysts recently issued reports on JBTM shares. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Wall Street Zen downgraded JBT Marel from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Oppenheimer assumed coverage on JBT Marel in a report on Thursday, May 21st. They set an “outperform” rating and a $175.00 price objective on the stock. Seaport Research Partners set a $165.00 price objective on JBT Marel in a research report on Thursday, May 21st. Finally, Weiss Ratings cut JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th.

Hedge Funds Weigh In On JBT Marel

Hedge funds and other institutional investors have recently made changes to their positions in the business. Lighthouse Investment Partners LLC raised its position in JBT Marel by 48.8% in the third quarter. Lighthouse Investment Partners LLC now owns 37,679 shares of the company’s stock worth $5,292,000 after purchasing an additional 12,349 shares in the last quarter. Linden Advisors LP bought a new position in shares of JBT Marel during the 3rd quarter worth approximately $12,149,000. Congress Asset Management Co. lifted its position in shares of JBT Marel by 5.6% during the 4th quarter. Congress Asset Management Co. now owns 493,139 shares of the company’s stock worth $74,301,000 after buying an additional 26,161 shares during the period. ArrowMark Colorado Holdings LLC boosted its stake in JBT Marel by 6.9% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 428,142 shares of the company’s stock valued at $60,133,000 after buying an additional 27,767 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in JBT Marel by 9,103.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,376 shares of the company’s stock valued at $3,522,000 after buying an additional 23,122 shares in the last quarter. 98.92% of the stock is owned by institutional investors.

JBT Marel Stock Performance

NYSE JBTM opened at $136.80 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 0.61. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 42.75, a P/E/G ratio of 1.43 and a beta of 0.94. The company’s fifty day moving average is $132.43 and its two-hundred day moving average is $141.61. JBT Marel has a 52-week low of $113.67 and a 52-week high of $170.19.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, May 4th. The company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.09. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. The business had revenue of $936.00 million during the quarter. During the same period in the prior year, the company posted $0.97 EPS. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities research analysts forecast that JBT Marel will post 8.26 EPS for the current year.

JBT Marel Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, May 26th. JBT Marel’s payout ratio is 12.50%.

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.