JBT Marel Corporation (NYSE:JBTM) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of JBT Marel Corporation (NYSE:JBTM) have received a consensus recommendation of “Moderate Buy” from the five brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $174.6667.

A number of analysts have recently weighed in on the stock. 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 on the stock. Wall Street Zen upgraded shares of JBT Marel from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings downgraded shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Seaport Research Partners set a $165.00 target price on shares of JBT Marel in a report on Thursday, May 21st. Finally, Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th.

JBT Marel Stock Performance

JBT Marel stock opened at $125.22 on Friday. The company’s 50-day moving average price is $128.97 and its 200-day moving average price is $142.85. JBT Marel 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 company has a market cap of $6.52 billion, a PE ratio of 39.13, a price-to-earnings-growth ratio of 1.29 and a beta of 0.95.

JBT Marel (NYSE:JBTM) last posted its earnings results 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. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. The firm had revenue of $936.00 million for the quarter. During the same quarter last year, the firm earned $0.97 earnings per share. 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, equities research analysts forecast that JBT Marel will post 8.26 EPS for the current fiscal year.

JBT Marel Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, May 26th. JBT Marel’s dividend payout ratio is presently 12.50%.

Hedge Funds Weigh In On JBT Marel

Hedge funds have recently added to or reduced their stakes in the company. Eurizon Capital SGR S.p.A. bought a new position in JBT Marel during the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC bought a new position in JBT Marel during the 2nd quarter valued at about $28,000. CI Investments Inc. grew its holdings in JBT Marel by 69.2% during the 3rd 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. Parallel Advisors LLC grew its holdings in JBT Marel by 1,211.8% during the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock valued at $29,000 after purchasing an additional 206 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in JBT Marel during the 2nd quarter valued at about $29,000. 98.92% of the stock is currently owned by institutional investors.

About JBT Marel

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.