4,720 Shares in JBT Marel Corporation $JBTM Acquired by RW Investment Management LLC

RW Investment Management LLC bought a new stake in JBT Marel Corporation (NYSE:JBTM) during the second quarter, HoldingsChannel reports. The institutional investor bought 4,720 shares of the company’s stock, valued at approximately $684,000.

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

Wall Street Analysts Forecast Growth

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

JBT Marel Price Performance

JBTM opened at $120.33 on Monday. JBT Marel Corporation has a 1 year low of $113.67 and a 1 year high of $170.19. The company’s 50 day simple moving average is $133.48 and its 200 day simple moving average is $137.52. The stock has a market capitalization of $6.24 billion, a PE ratio of 32.79, a P/E/G ratio of 1.32 and a beta of 0.94. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 1.24.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.95 EPS for the quarter, missing the consensus estimate of $2.02 by ($0.07). The company had revenue of $981.00 million for the quarter. JBT Marel had a return on equity of 8.75% and a net margin of 4.89%.JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, sell-side analysts expect that JBT Marel Corporation will post 8.05 EPS for the current year.

JBT Marel Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $0.40 annualized dividend and a yield of 0.3%. JBT Marel’s dividend payout ratio (DPR) is 10.90%.

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.