Regents Gate Capital LLP Trims Stock Position in JBT Marel Corporation $JBTM

Regents Gate Capital LLP lessened its position in shares of JBT Marel Corporation (NYSE:JBTM) by 19.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,622 shares of the company’s stock after selling 3,987 shares during the period. Regents Gate Capital LLP’s holdings in JBT Marel were worth $2,125,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of JBTM. Alliancebernstein L.P. purchased a new position in shares of JBT Marel during the 2nd quarter valued at $135,854,000. Gildi lifeyrissjodur bought a new position in shares of JBT Marel in the fourth quarter worth $170,862,000. Norges Bank purchased a new stake in shares of JBT Marel in the fourth quarter worth $98,435,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of JBT Marel in the second quarter worth $77,963,000. Finally, P2 Capital Partners LLC bought a new stake in JBT Marel during the second quarter valued at $65,536,000. 98.92% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on JBTM shares. Seaport Research Partners set a $165.00 target price on JBT Marel in a research report on Thursday, May 21st. Oppenheimer initiated coverage on JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price target on the stock. Zacks Research downgraded JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings lowered JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Finally, Wall Street Zen cut shares of JBT Marel from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, JBT Marel presently has an average rating of “Moderate Buy” and an average price target of $174.67.

JBT Marel Stock Performance

NYSE JBTM opened at $134.29 on Friday. JBT Marel Corporation has a 52-week low of $113.67 and a 52-week high of $170.19. The company has a fifty day moving average of $132.81 and a 200-day moving average of $141.07. The company has a market capitalization of $6.99 billion, a P/E ratio of 41.97, a P/E/G ratio of 1.41 and a beta of 0.94. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 1.01.

JBT Marel (NYSE:JBTM) last released 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. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The business had revenue of $936.00 million for the quarter. During the same period in the prior year, the company earned $0.97 EPS. The firm’s revenue was up 9.6% compared to the same quarter last year. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, equities research analysts predict that JBT Marel Corporation will post 8.26 EPS for the current fiscal year.

JBT Marel Announces Dividend

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

JBT Marel 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.