BNP Paribas Financial Markets Purchases 114,185 Shares of JBT Marel Corporation $JBTM

BNP Paribas Financial Markets increased its position in shares of JBT Marel Corporation (NYSE:JBTM) by 428.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 140,856 shares of the company’s stock after buying an additional 114,185 shares during the quarter. BNP Paribas Financial Markets owned 0.27% of JBT Marel worth $21,223,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of JBTM. Eurizon Capital SGR S.p.A. acquired a new position in JBT Marel during the fourth quarter valued at approximately $25,000. UMB Bank n.a. acquired a new position in JBT Marel during the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC acquired a new position in JBT Marel during the second quarter valued at approximately $28,000. Northwestern Mutual Wealth Management Co. acquired a new position in JBT Marel during the second quarter valued at approximately $29,000. Finally, CI Investments Inc. boosted its position in JBT Marel by 69.2% during 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 during the last quarter. 98.92% of the stock is currently owned by institutional investors.

JBT Marel Trading Down 0.9%

Shares of JBTM stock opened at $124.14 on Friday. The firm has a market capitalization of $6.46 billion, a P/E ratio of 38.79, a P/E/G ratio of 1.32 and a beta of 0.95. JBT Marel Corporation has a twelve month low of $113.67 and a twelve month high of $170.19. The company has a quick ratio of 0.61, a current ratio of 1.01 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $129.35 and its 200 day simple moving average is $143.27.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings data on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.49 by $0.09. The business 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 company’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, sell-side analysts predict that JBT Marel Corporation will post 8.26 EPS for the current fiscal year.

JBT Marel Dividend Announcement

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

Wall Street Analysts Forecast Growth

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