JBT Marel (NYSE:JBTM) Reaches New 52-Week Low – Should You Sell?

Shares of JBT Marel Corporation (NYSE:JBTM) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $113.34 and last traded at $113.62, with a volume of 66359 shares. The stock had previously closed at $116.86.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on JBTM shares. Oppenheimer began coverage on JBT Marel in a research note on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price for the company. KeyCorp started coverage on JBT Marel in a report on Tuesday. They issued an “overweight” rating and a $150.00 price target for the company. Seaport Research Partners set a $165.00 price objective on shares of JBT Marel in a research note on Thursday, May 21st. Wall Street Zen downgraded shares of JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Finally, Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, JBT Marel has an average rating of “Moderate Buy” and a consensus price target of $168.50.

JBT Marel Trading Up 2.8%

The business has a fifty day moving average price of $132.31 and a 200 day moving average price of $135.38. The company has a market capitalization of $6.14 billion, a PE ratio of 32.23, a P/E/G ratio of 1.27 and a beta of 0.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 1.24.

JBT Marel (NYSE:JBTM) last issued its earnings results on Monday, August 3rd. The company reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.07). The firm had revenue of $981.00 million for the quarter. JBT Marel had a return on equity of 8.75% and a net margin of 4.89%.JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. Analysts expect that JBT Marel Corporation will post 8.05 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio is presently 10.90%.

Hedge Funds Weigh In On JBT Marel

Several hedge funds and other institutional investors have recently made changes to their positions in JBTM. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in JBT Marel during the 2nd quarter worth $667,000. California State Teachers Retirement System raised its position in JBT Marel by 14,258.6% in the second quarter. California State Teachers Retirement System now owns 8,729,145 shares of the company’s stock valued at $1,265,726,000 after purchasing an additional 8,668,351 shares during the period. AlphaGrep UK Ltd acquired a new position in shares of JBT Marel during the second quarter worth about $332,000. Nykredit A S acquired a new position in shares of JBT Marel during the second quarter worth about $289,000. Finally, Susquehanna Fundamental Investments LLC boosted its position in shares of JBT Marel by 79.8% in the second quarter. Susquehanna Fundamental Investments LLC now owns 84,502 shares of the company’s stock worth $12,253,000 after buying an additional 37,499 shares during the period. Institutional investors and hedge funds own 98.92% of the company’s stock.

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.