SG Americas Securities LLC Decreases Stake in JBT Marel Corporation $JBTM

SG Americas Securities LLC decreased its stake in JBT Marel Corporation (NYSE:JBTM) by 4.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 162,986 shares of the company’s stock after selling 6,786 shares during the period. SG Americas Securities LLC owned approximately 0.31% of JBT Marel worth $20,841,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in JBTM. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of JBT Marel by 34.3% in the first quarter. Vaughan Nelson Investment Management L.P. now owns 664,550 shares of the company’s stock valued at $84,976,000 after purchasing an additional 169,655 shares in the last quarter. Hsbc Holdings PLC increased its stake in JBT Marel by 11.1% in the fourth quarter. Hsbc Holdings PLC now owns 89,312 shares of the company’s stock valued at $13,561,000 after purchasing an additional 8,913 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of JBT Marel by 53.5% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,317,389 shares of the company’s stock valued at $198,492,000 after acquiring an additional 458,980 shares during the last quarter. Invesco Ltd. raised its stake in JBT Marel by 15.8% during the fourth quarter. Invesco Ltd. now owns 440,849 shares of the company’s stock worth $66,423,000 after purchasing an additional 60,083 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of JBT Marel by 39.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 2,214 shares of the company’s stock worth $334,000 after buying an additional 626 shares during the period. Hedge funds and other institutional investors own 98.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on JBTM shares. Wall Street Zen lowered JBT Marel from a “buy” rating to a “hold” rating in a research report on Sunday. Zacks Research lowered shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Weiss Ratings downgraded 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 price objective on shares of JBT Marel in a research report on Thursday, May 21st. Finally, Oppenheimer began coverage on JBT Marel in a research report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price on the stock. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $174.67.

JBT Marel Price Performance

JBTM opened at $134.96 on Thursday. JBT Marel Corporation has a 12-month low of $113.67 and a 12-month high of $170.19. The firm has a market capitalization of $7.03 billion, a P/E ratio of 42.18, a PEG ratio of 1.36 and a beta of 0.95. 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 has a fifty day moving average of $129.59 and a 200-day moving average of $142.32.

JBT Marel (NYSE:JBTM) last issued its earnings results on Monday, May 4th. The company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.49 by $0.09. The company had revenue of $936.00 million during the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the business earned $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities analysts forecast that JBT Marel Corporation will post 8.26 EPS for the current fiscal year.

JBT Marel Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, May 26th. JBT Marel’s dividend payout ratio is currently 12.50%.

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.