JBT Marel Corporation $JBTM Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC raised its holdings in shares of JBT Marel Corporation (NYSE:JBTM) by 11.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,312 shares of the company’s stock after acquiring an additional 8,913 shares during the quarter. Hsbc Holdings PLC owned approximately 0.17% of JBT Marel worth $13,561,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel during the fourth quarter worth approximately $25,000. EverSource Wealth Advisors LLC acquired a new position in shares of JBT Marel during the 2nd quarter valued at about $28,000. CI Investments Inc. lifted 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 during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of JBT Marel in the second quarter worth approximately $29,000. Finally, Group One Trading LLC grew its holdings in 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 during the period. Institutional investors and hedge funds own 98.92% of the company’s stock.

JBT Marel Trading Down 3.6%

NYSE:JBTM opened at $142.71 on Wednesday. The firm has a market capitalization of $7.43 billion, a P/E ratio of 44.60, a P/E/G ratio of 1.56 and a beta of 0.94. The business has a 50 day simple moving average of $131.77 and a 200 day simple moving average of $141.96. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 0.61. JBT Marel Corporation has a 12-month low of $113.67 and a 12-month high of $170.19.

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 analysts’ consensus estimates of $1.49 by $0.09. The company had revenue of $936.00 million for the quarter. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm posted $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities research analysts predict 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. Investors of record on Tuesday, May 26th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Tuesday, May 26th. JBT Marel’s dividend payout ratio (DPR) is presently 12.50%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wall Street Zen downgraded JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Weiss Ratings downgraded JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Seaport Research Partners set a $165.00 price target on shares of JBT Marel in a research report on Thursday, May 21st. Finally, Oppenheimer assumed coverage on shares of JBT Marel in a research report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price 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.