Natixis Advisors LLC Decreases Stock Holdings in JBT Marel Corporation $JBTM

Natixis Advisors LLC trimmed its position in shares of JBT Marel Corporation (NYSE:JBTM) by 2.4% during the 4th quarter, Holdings Channel reports. The fund owned 228,354 shares of the company’s stock after selling 5,544 shares during the period. Natixis Advisors LLC’s holdings in JBT Marel were worth $34,407,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Park Avenue Securities LLC raised its holdings in shares of JBT Marel by 1.0% during the 4th quarter. Park Avenue Securities LLC now owns 6,576 shares of the company’s stock worth $991,000 after acquiring an additional 66 shares in the last quarter. Main Management ETF Advisors LLC raised its holdings in shares of JBT Marel by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 7,047 shares of the company’s stock worth $1,062,000 after acquiring an additional 72 shares in the last quarter. Group One Trading LLC raised its holdings in shares of JBT Marel by 49.3% during the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after acquiring an additional 72 shares in the last quarter. CI Investments Inc. raised its holdings in shares of JBT Marel by 69.2% during the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after acquiring an additional 83 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in JBT Marel by 15.4% during the 3rd quarter. Smartleaf Asset Management LLC now owns 741 shares of the company’s stock valued at $102,000 after buying an additional 99 shares during the period. 98.92% of the stock is owned by hedge funds and other institutional investors.

JBT Marel Stock Performance

NYSE:JBTM opened at $125.34 on Friday. The stock’s fifty day moving average is $129.50 and its 200 day moving average is $143.41. JBT Marel Corporation has a fifty-two week low of $113.67 and a fifty-two week high of $170.19. The firm has a market capitalization of $6.53 billion, a PE ratio of 39.17, a PEG ratio of 1.33 and a beta of 0.95. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 1.01.

JBT Marel (NYSE:JBTM) last released its quarterly earnings results on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.09. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The company had revenue of $936.00 million for the quarter. During the same quarter in the previous year, the company posted $0.97 EPS. The business’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. On average, sell-side analysts anticipate that JBT Marel Corporation will post 8.26 earnings per share for the current year.

JBT Marel Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Seaport Research Partners set a $165.00 price target on JBT Marel in a report on Thursday, May 21st. Weiss Ratings upgraded JBT Marel from a “hold (c-)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Oppenheimer assumed coverage on JBT Marel in a report on Thursday, May 21st. They set an “outperform” rating and a $175.00 price target on the stock. Finally, Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, JBT Marel has an average rating of “Moderate Buy” and an average price target of $174.67.

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.