Axiom Investors LLC DE Takes Position in JBT Marel Corporation $JBTM

Axiom Investors LLC DE bought a new stake in JBT Marel Corporation (NYSE:JBTM) in the fourth quarter, HoldingsChannel.com reports. The fund bought 73,615 shares of the company’s stock, valued at approximately $11,092,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of JBTM. Eurizon Capital SGR S.p.A. purchased a new position in shares of JBT Marel in the fourth quarter valued at $25,000. EverSource Wealth Advisors LLC purchased a new position in shares of JBT Marel in the second quarter valued at $28,000. CI Investments Inc. grew its holdings in shares of JBT Marel by 69.2% in the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock valued at $29,000 after purchasing an additional 83 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of JBT Marel in the second quarter valued at $29,000. Finally, Group One Trading LLC grew its holdings 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 valued at $31,000 after purchasing an additional 72 shares in the last quarter. 98.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Seaport Research Partners set a $165.00 target price on shares of JBT Marel in a report on Thursday, May 21st. Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Oppenheimer assumed coverage on shares of JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price for the company. Finally, Zacks Research lowered shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $174.67.

JBT Marel Stock Down 0.3%

NYSE:JBTM opened at $123.51 on Wednesday. JBT Marel Corporation has a twelve month low of $113.67 and a twelve month high of $170.19. The company has a market cap of $6.43 billion, a price-to-earnings ratio of 38.60, a price-to-earnings-growth ratio of 1.30 and a beta of 0.95. The stock has a fifty day simple moving average of $129.21 and a 200-day simple moving average of $143.18. 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 (NYSE:JBTM) last released its earnings results on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, topping 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 business had revenue of $936.00 million during the quarter. During the same quarter last year, the business posted $0.97 earnings per share. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Analysts anticipate that JBT Marel Corporation will post 8.26 EPS for the current year.

JBT Marel Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given 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 Tuesday, May 26th. JBT Marel’s dividend payout ratio (DPR) is 12.50%.

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.