Jupiter Topco LLC Invests $3.38 Million in JBT Marel Corporation $JBTM

Jupiter Topco LLC purchased a new position in shares of JBT Marel Corporation (NYSE:JBTM) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 23,275 shares of the company’s stock, valued at approximately $3,376,000.

Other institutional investors have also added to or reduced their stakes in the company. Eurizon Capital SGR S.p.A. bought a new stake in JBT Marel during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC bought a new position in shares of JBT Marel in the 2nd quarter valued at $28,000. Parallel Advisors LLC raised its holdings in shares of JBT Marel by 1,211.8% during the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after buying an additional 206 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of JBT Marel during the 2nd quarter worth $29,000. Finally, Group One Trading LLC lifted its position in shares of JBT Marel by 49.3% during the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after buying an additional 72 shares during the last quarter. 98.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JBTM has been the topic of several research analyst reports. Seaport Research Partners set a $165.00 price objective on JBT Marel in a research note on Thursday, May 21st. Oppenheimer assumed coverage on shares of JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price for the company. Weiss Ratings downgraded shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. KeyCorp initiated coverage on shares of JBT Marel in a report on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price target on the stock. 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 assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $168.50.

JBT Marel Stock Performance

Shares of JBTM stock opened at $116.48 on Wednesday. The firm has a market capitalization of $6.04 billion, a price-to-earnings ratio of 31.74, a PEG ratio of 1.29 and a beta of 0.94. 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 business’s 50-day moving average price is $130.98 and its 200-day moving average price is $133.70. JBT Marel Corporation has a 12 month low of $113.23 and a 12 month high of $170.19.

JBT Marel (NYSE:JBTM) last released its quarterly earnings data on Monday, August 3rd. The company reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.02 by ($0.07). The firm had revenue of $981.00 million during the quarter. JBT Marel had a net margin of 4.89% and a return on equity of 8.75%. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. Equities research analysts forecast that JBT Marel Corporation will post 8.04 EPS for the current year.

JBT Marel Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio (DPR) is presently 10.90%.

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.