PEAK6 LLC Invests $853,000 in JBT Marel Corporation $JBTM

PEAK6 LLC bought a new stake in shares of JBT Marel Corporation (NYSE:JBTM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,886 shares of the company’s stock, valued at approximately $853,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC acquired a new position in shares of JBT Marel in the second quarter worth about $28,000. Parallel Advisors LLC boosted its holdings in shares of JBT Marel by 1,211.8% in the first quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after buying an additional 206 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of JBT Marel in the second quarter worth approximately $29,000. Finally, Group One Trading LLC increased its position in shares of JBT Marel by 49.3% in the third 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. Institutional investors and hedge funds own 98.92% of the company’s stock.

JBT Marel Price Performance

Shares of JBTM opened at $117.07 on Monday. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 31.90, a P/E/G ratio of 1.29 and a beta of 0.94. JBT Marel Corporation has a fifty-two week low of $113.67 and a fifty-two week high of $170.19. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.24 and a quick ratio of 0.70. The business’s 50-day moving average is $132.81 and its 200-day moving average is $136.04.

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

JBT Marel Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be 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 is Monday, August 17th. JBT Marel’s payout ratio is currently 10.90%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Seaport Research Partners set a $165.00 price target on shares of JBT Marel in a research report on Thursday, May 21st. Weiss Ratings cut shares of 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 note on Sunday, June 21st. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Oppenheimer assumed coverage on JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price for the company. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, JBT Marel has an average rating of “Moderate Buy” and an average price target of $174.67.

JBT Marel 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.