JBT Marel (NYSE:JBTM) Shares Gap Down Following Weak Earnings

JBT Marel Corporation (NYSE:JBTM) gapped down prior to trading on Tuesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $142.25, but opened at $127.57. JBT Marel shares last traded at $131.13, with a volume of 54,355 shares trading hands.

The company reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.02 by ($0.07). The company had revenue of $981.00 million during the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS.

JBT Marel Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Tuesday, May 26th. JBT Marel’s dividend payout ratio (DPR) is 12.50%.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. acquired a new stake in JBT Marel in the second quarter worth about $29,000. EverSource Wealth Advisors LLC bought a new position in JBT Marel in the 2nd quarter valued at about $28,000. First Trust Advisors LP acquired a new position in JBT Marel during the 2nd quarter valued at about $4,285,000. Amundi acquired a new position in JBT Marel during the 2nd quarter valued at about $974,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of JBT Marel during the 2nd quarter worth about $1,173,000. 98.92% of the stock is owned by institutional investors and hedge funds.

JBT Marel Price Performance

The business’s 50-day simple moving average is $134.99 and its 200 day simple moving average is $139.72. The company has a market capitalization of $6.85 billion, a P/E ratio of 40.82, a P/E/G ratio of 1.46 and a beta of 0.94. The company has a current ratio of 1.01, a quick ratio of 0.61 and a debt-to-equity ratio of 0.32.

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.