JBT Marel (NYSE:JBTM) Downgraded to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of JBT Marel (NYSE:JBTM) from a strong-buy rating to a hold rating in a research report released on Tuesday,Zacks.com reports.

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of JBT Marel in a research note on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, JBT Marel currently has an average rating of “Moderate Buy” and a consensus target price of $174.50.

JBT Marel Trading Down 0.6%

Shares of JBT Marel stock traded down $0.77 on Tuesday, hitting $118.62. 443,223 shares of the company’s stock traded hands, compared to its average volume of 546,233. The firm’s 50-day moving average price is $136.73 and its two-hundred day moving average price is $143.96. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.58. The stock has a market capitalization of $6.17 billion, a PE ratio of -117.45, a price-to-earnings-growth ratio of 1.40 and a beta of 1.07. JBT Marel has a one year low of $99.84 and a one year high of $170.19.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, February 23rd. The company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.06. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.The business had revenue of $1.01 billion during the quarter. During the same period last year, the firm earned $1.70 earnings per share. The firm’s revenue for the quarter was up 115.6% on a year-over-year basis. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. On average, research analysts expect that JBT Marel will post 8.19 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 9th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Monday, March 9th. JBT Marel’s payout ratio is -39.60%.

Insider Transactions at JBT Marel

In other JBT Marel news, CEO Brian A. Deck sold 8,634 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $150.51, for a total transaction of $1,299,503.34. Following the sale, the chief executive officer directly owned 127,667 shares in the company, valued at approximately $19,215,160.17. This trade represents a 6.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.64% of the company’s stock.

Institutional Investors Weigh In On JBT Marel

A number of hedge funds and other institutional investors have recently made changes to their positions in JBTM. Personal CFO Solutions LLC boosted its stake in JBT Marel by 9.5% in the 1st quarter. Personal CFO Solutions LLC now owns 2,868 shares of the company’s stock worth $367,000 after purchasing an additional 250 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of JBT Marel in the first quarter valued at about $332,000. Conestoga Capital Advisors LLC boosted its position in shares of JBT Marel by 3.1% during the first quarter. Conestoga Capital Advisors LLC now owns 194,415 shares of the company’s stock worth $24,860,000 after buying an additional 5,813 shares during the period. Peregrine Capital Management LLC grew its stake in shares of JBT Marel by 13.5% during the 1st quarter. Peregrine Capital Management LLC now owns 87,460 shares of the company’s stock worth $11,184,000 after acquiring an additional 10,384 shares in the last quarter. Finally, Inspire Investing LLC grew its position in JBT Marel by 30.5% in the first quarter. Inspire Investing LLC now owns 4,027 shares of the company’s stock valued at $515,000 after purchasing an additional 942 shares in the last quarter. 98.92% of the stock is currently owned by institutional investors and hedge funds.

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.