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

JBT Marel Corporation (NYSE:JBTM) has been given a consensus rating of “Moderate Buy” by the five research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $174.6667.

Several research firms have commented on JBTM. Wall Street Zen upgraded JBT Marel from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Weiss Ratings lowered JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Oppenheimer assumed coverage on shares of JBT Marel in a research note on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price target on the stock. Finally, Seaport Research Partners set a $165.00 price target on shares of JBT Marel in a research note on Thursday, May 21st.

JBT Marel Stock Performance

JBTM opened at $132.84 on Friday. 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 company has a market cap of $6.92 billion, a price-to-earnings ratio of 41.51, a PEG ratio of 1.39 and a beta of 0.95. JBT Marel has a 52-week low of $113.67 and a 52-week high of $170.19. The firm’s fifty day simple moving average is $129.44 and its two-hundred day simple moving average is $142.50.

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

JBT Marel Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Tuesday, May 26th were paid 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 (DPR) is currently 12.50%.

Hedge Funds Weigh In On JBT Marel

Several hedge funds and other institutional investors have recently modified their holdings of JBTM. Lighthouse Investment Partners LLC grew its holdings in JBT Marel by 48.8% in the 3rd quarter. Lighthouse Investment Partners LLC now owns 37,679 shares of the company’s stock valued at $5,292,000 after buying an additional 12,349 shares in the last quarter. Linden Advisors LP purchased a new stake in JBT Marel in the 3rd quarter valued at $12,149,000. Congress Asset Management Co. grew its holdings in JBT Marel by 5.6% in the 4th quarter. Congress Asset Management Co. now owns 493,139 shares of the company’s stock valued at $74,301,000 after buying an additional 26,161 shares in the last quarter. Rhumbline Advisers grew its holdings in JBT Marel by 8.2% in the 3rd quarter. Rhumbline Advisers now owns 159,055 shares of the company’s stock valued at $22,339,000 after buying an additional 12,114 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC grew its holdings in JBT Marel by 6.9% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 428,142 shares of the company’s stock valued at $60,133,000 after buying an additional 27,767 shares in the last quarter. 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.