JBT Marel (NYSE:JBTM) Reaches New 52-Week Low – Here’s What Happened

JBT Marel Corporation (NYSE:JBTM)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $113.34 and last traded at $113.62, with a volume of 66359 shares traded. The stock had previously closed at $116.86.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on JBTM shares. Oppenheimer began coverage on shares of JBT Marel in a research report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price target for the company. Zacks Research lowered shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Seaport Research Partners set a $165.00 price objective on shares of JBT Marel in a research note on Thursday, May 21st. Wall Street Zen downgraded JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Finally, Weiss Ratings lowered JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, JBT Marel currently has a consensus rating of “Moderate Buy” and an average target price of $174.67.

JBT Marel Stock Down 2.3%

The stock’s 50-day moving average price is $132.81 and its 200-day moving average price is $136.04. The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. The stock has a market cap of $5.92 billion, a price-to-earnings ratio of 31.11, a P/E/G ratio of 1.29 and a beta of 0.94.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings data on Monday, August 3rd. The company reported $1.95 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($0.07). The firm had revenue of $981.00 million for the quarter. JBT Marel had a return on equity of 8.75% and a net margin of 4.89%.JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. On average, sell-side analysts expect that JBT Marel Corporation will post 8.05 earnings per share for the current year.

JBT Marel Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. JBT Marel’s dividend payout ratio (DPR) is 10.90%.

Institutional Investors Weigh In On JBT Marel

Institutional investors and hedge funds have recently made changes to their positions in the business. UMB Bank n.a. increased its holdings in JBT Marel by 34.4% during the 4th quarter. UMB Bank n.a. now owns 254 shares of the company’s stock worth $38,000 after purchasing an additional 65 shares in the last quarter. Group One Trading LLC grew its holdings in JBT Marel by 49.3% during the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after buying an additional 72 shares in the last quarter. Main Management ETF Advisors LLC grew its holdings in JBT Marel by 1.0% during the fourth quarter. Main Management ETF Advisors LLC now owns 7,047 shares of the company’s stock worth $1,062,000 after buying an additional 72 shares in the last quarter. Redmond Asset Management LLC raised its position in JBT Marel by 1.3% in the 4th quarter. Redmond Asset Management LLC now owns 7,788 shares of the company’s stock valued at $1,173,000 after buying an additional 101 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its position in JBT Marel by 7.5% in the 4th quarter. Sanctuary Advisors LLC now owns 1,613 shares of the company’s stock valued at $243,000 after buying an additional 113 shares during the last quarter. Institutional investors own 98.92% of the company’s stock.

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.