P2 Capital Partners LLC Decreases Stake in JBT Marel Corporation $JBTM

P2 Capital Partners LLC cut its stake in shares of JBT Marel Corporation (NYSE:JBTM) by 17.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 449,952 shares of the company’s stock after selling 95,000 shares during the period. JBT Marel comprises approximately 12.1% of P2 Capital Partners LLC’s investment portfolio, making the stock its 2nd biggest position. P2 Capital Partners LLC owned approximately 0.87% of JBT Marel worth $63,196,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Glenmede Investment Management LP bought a new stake in JBT Marel during the 3rd quarter worth $238,000. Sei Investments Co. increased its holdings in JBT Marel by 14.5% in the 3rd quarter. Sei Investments Co. now owns 61,098 shares of the company’s stock worth $8,581,000 after purchasing an additional 7,718 shares in the last quarter. UBS Group AG raised its position in JBT Marel by 201.7% in the third quarter. UBS Group AG now owns 623,461 shares of the company’s stock valued at $87,565,000 after purchasing an additional 416,799 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of JBT Marel by 302.6% during the third quarter. BNP Paribas Financial Markets now owns 26,671 shares of the company’s stock valued at $3,746,000 after purchasing an additional 20,046 shares in the last quarter. Finally, Mackenzie Financial Corp boosted its stake in shares of JBT Marel by 10.5% during the third quarter. Mackenzie Financial Corp now owns 3,291 shares of the company’s stock valued at $462,000 after purchasing an additional 313 shares in the last quarter. 98.92% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on JBTM. Weiss Ratings restated a “hold (c-)” rating on shares of JBT Marel in a report on Thursday, January 22nd. Jefferies Financial Group upgraded shares of JBT Marel from a “hold” rating to a “buy” rating and lifted their target price for the stock from $150.00 to $180.00 in a research report on Wednesday, December 10th. Finally, Zacks Research raised shares of JBT Marel from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $174.50.

JBT Marel Stock Down 4.2%

Shares of JBTM opened at $129.57 on Friday. The stock’s 50-day moving average price is $157.09 and its two-hundred day moving average price is $146.53. JBT Marel Corporation has a 12 month low of $90.08 and a 12 month high of $170.19. The company has a market capitalization of $6.73 billion, a PE ratio of -128.28, a PEG ratio of 1.43 and a beta of 0.97. The company has a current ratio of 0.98, a quick ratio of 0.58 and a debt-to-equity ratio of 0.33.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings results on Monday, February 23rd. The company reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.06. The company had revenue of $1.01 billion during the quarter. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.The company’s quarterly revenue was up 115.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.70 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. On average, analysts anticipate that JBT Marel Corporation will post 5.21 EPS for the current year.

JBT Marel Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 9th will be issued a dividend of $0.10 per share. The ex-dividend date is Monday, March 9th. This represents a $0.40 annualized dividend and a yield of 0.3%. JBT Marel’s dividend payout ratio (DPR) is presently -39.60%.

Insider Transactions at JBT Marel

In other news, CEO Brian A. Deck sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $151.39, for a total value of $1,513,900.00. Following the transaction, the chief executive officer owned 136,301 shares in the company, valued at approximately $20,634,608.39. The trade was a 6.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.69% of the company’s stock.

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.