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

Shares of JBT Marel Corporation (NYSE:JBTM) have been given an average rating of “Moderate Buy” by the five brokerages that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $174.6667.

Several equities research analysts have issued reports on the stock. Oppenheimer began coverage on shares of JBT Marel in a research note on Thursday, May 21st. They set an “outperform” rating and a $175.00 target price on the stock. Weiss Ratings cut shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Wall Street Zen cut JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Finally, Seaport Research Partners set a $165.00 price target on JBT Marel in a report on Thursday, May 21st.

JBT Marel Trading Down 3.6%

Shares of JBT Marel stock opened at $142.71 on Wednesday. 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 has a twelve month low of $113.67 and a twelve month high of $170.19. The firm has a market capitalization of $7.43 billion, a PE ratio of 44.60, a P/E/G ratio of 1.56 and a beta of 0.94. The firm’s 50-day moving average price is $131.77 and its 200 day moving average price is $141.96.

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

JBT Marel Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were issued 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 payout ratio is currently 12.50%.

Hedge Funds Weigh In On JBT Marel

Institutional investors have recently bought and sold shares of the company. Eurizon Capital SGR S.p.A. purchased a new stake in shares of JBT Marel in the 4th quarter valued at approximately $25,000. CI Investments Inc. lifted its holdings in 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 acquiring an additional 83 shares during the last quarter. Group One Trading LLC grew its position in JBT Marel by 49.3% in the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after acquiring an additional 72 shares during the period. Parallel Advisors LLC increased its stake in JBT Marel by 1,211.8% during the first quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after acquiring an additional 206 shares during the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in JBT Marel in the second quarter valued at $28,000. 98.92% of the stock is owned by hedge funds and other institutional investors.

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.