JBT Marel Corporation (NYSE:JBTM) Receives $164.80 Average PT from Analysts

JBT Marel Corporation (NYSE:JBTM) has been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $164.80.

JBTM has been the topic of several recent analyst reports. Barclays began coverage on shares of JBT Marel in a report on Tuesday, September 8th. They set an “overweight” rating and a $150.00 price objective on the stock. Wall Street Zen cut shares of JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Weiss Ratings reissued a “hold (c)” rating on shares of JBT Marel in a research report on Wednesday, September 2nd. Finally, KeyCorp began coverage on shares of JBT Marel in a research note on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price target on the stock.

Hedge Funds Weigh In On JBT Marel

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC acquired a new position in shares of JBT Marel in the second quarter valued at about $270,000. Integrated Wealth Concepts LLC acquired a new stake in shares of JBT Marel during the second quarter worth about $88,000. IFP Advisors Inc boosted its position in JBT Marel by 21.3% in the second quarter. IFP Advisors Inc now owns 9,874 shares of the company’s stock valued at $1,432,000 after buying an additional 1,735 shares during the last quarter. Nykredit A S purchased a new stake in JBT Marel in the second quarter valued at approximately $289,000. Finally, Amundi increased its holdings in JBT Marel by 6.1% in the 2nd quarter. Amundi now owns 126,098 shares of the company’s stock worth $18,292,000 after buying an additional 7,273 shares during the period. Hedge funds and other institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Down 0.0%

Shares of JBTM stock opened at $113.31 on Monday. JBT Marel has a 1-year low of $109.22 and a 1-year high of $170.19. The stock’s fifty day moving average price is $122.36 and its 200 day moving average price is $128.51. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.24 and a quick ratio of 0.70. The company has a market cap of $5.88 billion, a price-to-earnings ratio of 30.88, a price-to-earnings-growth ratio of 1.25 and a beta of 0.92.

JBT Marel (NYSE:JBTM) last announced its earnings results 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). JBT Marel had a net margin of 4.89% and a return on equity of 8.75%. The business had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. On average, research analysts expect that JBT Marel will post 8.04 earnings per share for the current fiscal year.

JBT Marel Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. JBT Marel’s payout ratio is 10.90%.

About JBT Marel

JBT Marel Corporation is a global food technology company that develops equipment, systems and services for the processing, preparation, packaging and handling of food and beverages. Its solutions are used by food producers, processors and manufacturers across the poultry, meat, seafood, prepared foods, fruit and vegetables, pet food, dairy and beverage industries.

The company’s portfolio includes systems for portioning, weighing, sorting, grading, marinating, cooking, freezing, filling, packaging and automated material handling.