JBT Marel (NYSE:JBTM – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 8.000-8.500 for the period, compared to the consensus earnings per share estimate of 8.200. The company issued revenue guidance of $4.0 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion.
Wall Street Analyst Weigh In
JBTM has been the topic of several research analyst reports. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Weiss Ratings restated a “hold (c-)” rating on shares of JBT Marel in a report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $174.50.
Check Out Our Latest Report on JBTM
JBT Marel Stock Up 0.8%
JBT Marel (NYSE:JBTM – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.49 by $0.09. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Analysts anticipate that JBT Marel will post 8.19 earnings per share for the current year.
JBT Marel Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 9th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, March 9th. JBT Marel’s dividend payout ratio (DPR) is -39.60%.
Insider Activity
In other news, CEO Brian A. Deck sold 10,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $151.39, for a total transaction of $1,513,900.00. Following the completion of the sale, the chief executive officer directly owned 136,301 shares of the company’s stock, valued at $20,634,608.39. The trade was a 6.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.64% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On JBT Marel
A number of hedge funds have recently added to or reduced their stakes in JBTM. UMB Bank n.a. boosted its position in shares of JBT Marel by 34.4% during the fourth quarter. UMB Bank n.a. now owns 254 shares of the company’s stock valued at $38,000 after buying an additional 65 shares during the last quarter. Group One Trading LLC grew its stake in JBT Marel by 49.3% in the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after purchasing an additional 72 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of JBT Marel by 44.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 367 shares of the company’s stock valued at $55,000 after purchasing an additional 113 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in shares of JBT Marel by 5.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,261 shares of the company’s stock worth $341,000 after purchasing an additional 115 shares during the period. Finally, Lido Advisors LLC raised its stake in shares of JBT Marel by 4.1% during the 4th quarter. Lido Advisors LLC now owns 3,022 shares of the company’s stock worth $432,000 after purchasing an additional 119 shares during the period. Institutional investors and hedge funds 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.
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