Brokerages Set JBT Marel Corporation (NYSE:JBTM) PT at $174.67

Shares of JBT Marel Corporation (NYSE:JBTM) have been assigned an average rating of “Moderate Buy” from the five brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $174.6667.

A number of analysts have commented on the stock. Weiss Ratings cut shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Zacks Research cut shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Seaport Research Partners set a $165.00 target price on shares of JBT Marel in a research note on Thursday, May 21st. Oppenheimer began coverage on shares of JBT Marel in a research note on Thursday, May 21st. They set an “outperform” rating and a $175.00 target price for the company. Finally, Wall Street Zen upgraded shares of JBT Marel from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th.

Institutional Trading of JBT Marel

A number of hedge funds have recently modified their holdings of JBTM. Eurizon Capital SGR S.p.A. acquired a new stake in shares of JBT Marel during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC acquired a new stake in shares of JBT Marel during the 2nd quarter worth about $28,000. CI Investments Inc. lifted its stake in shares of JBT Marel by 69.2% during the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after buying an additional 83 shares during the last quarter. Parallel Advisors LLC lifted its stake 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 during the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of JBT Marel during the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 98.92% of the company’s stock.

JBT Marel Stock Performance

Shares of JBTM stock opened at $129.51 on Friday. The stock has a market cap of $6.74 billion, a P/E ratio of 40.47, a P/E/G ratio of 1.38 and a beta of 0.95. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.01 and a quick ratio of 0.61. The company has a fifty day moving average price of $129.23 and a two-hundred day moving average price of $142.62. JBT Marel has a one year low of $113.67 and a one year high of $170.19.

JBT Marel (NYSE:JBTM) last announced its quarterly 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. The firm had revenue of $936.00 million during the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. The business’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, equities analysts predict that JBT Marel will post 8.26 EPS for the current year.

JBT Marel Announces Dividend

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

JBT Marel Company 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.