JBT Marel (NYSE:JBTM) Releases Quarterly Earnings Results

JBT Marel (NYSE:JBTM) announced its earnings results on Monday. The company reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.02 by ($0.07), FiscalAI reports. JBT Marel had a net margin of 4.89% and a return on equity of 8.76%. The business had revenue of $981.00 million for the quarter. JBT Marel updated its FY 2026 guidance to 7.850-8.350 EPS.

JBT Marel Stock Down 5.8%

NYSE JBTM traded down $7.74 on Wednesday, hitting $124.73. The stock had a trading volume of 308,692 shares, compared to its average volume of 547,389. The business’s fifty day moving average price is $134.95 and its 200 day moving average price is $139.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 0.61. JBT Marel has a 52-week low of $113.67 and a 52-week high of $170.19. The stock has a market cap of $6.49 billion, a price-to-earnings ratio of 38.98, a price-to-earnings-growth ratio of 1.49 and a beta of 0.94.

JBT Marel Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, May 26th. JBT Marel’s dividend payout ratio (DPR) is 12.50%.

Wall Street Analyst Weigh In

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

Institutional Trading of JBT Marel

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. purchased a new position in JBT Marel during the 2nd quarter worth $29,000. EverSource Wealth Advisors LLC purchased a new stake in JBT Marel in the second quarter valued at about $28,000. First Trust Advisors LP acquired a new stake in JBT Marel in the second quarter worth about $4,285,000. Amundi acquired a new stake in JBT Marel in the second quarter worth about $974,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of JBT Marel during the second quarter worth about $1,173,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

About JBT Marel

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.