JBT Marel (NYSE:JBTM) Issues Earnings Results, Misses Estimates By $0.07 EPS

JBT Marel (NYSE:JBTMGet Free Report) posted its quarterly earnings results on Monday. The company reported $1.95 earnings per share for the quarter, missing the consensus estimate of $2.02 by ($0.07), FiscalAI reports. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The business had revenue of $981.00 million during the quarter. JBT Marel updated its FY 2026 guidance to 7.850-8.350 EPS.

JBT Marel Stock Up 2.8%

NYSE JBTM opened at $142.38 on Tuesday. JBT Marel has a 1 year low of $113.67 and a 1 year high of $170.19. The stock has a market capitalization of $7.41 billion, a PE ratio of 44.49, a PEG ratio of 1.46 and a beta of 0.94. 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 business’s 50-day moving average is $134.99 and its 200 day moving average is $139.72.

JBT Marel Dividend Announcement

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

Institutional Investors Weigh In On JBT Marel

Large investors have recently modified their holdings of the stock. UMB Bank n.a. raised its stake in JBT Marel by 34.4% during the 4th quarter. UMB Bank n.a. now owns 254 shares of the company’s stock worth $38,000 after acquiring an additional 65 shares during the period. Group One Trading LLC boosted its position in shares of JBT Marel by 49.3% in the third quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after purchasing an additional 72 shares during the period. Main Management ETF Advisors LLC increased its stake in shares of JBT Marel by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 7,047 shares of the company’s stock worth $1,062,000 after purchasing an additional 72 shares in the last quarter. Redmond Asset Management LLC increased its stake in shares of JBT Marel by 1.3% in the fourth quarter. Redmond Asset Management LLC now owns 7,788 shares of the company’s stock worth $1,173,000 after purchasing an additional 101 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in shares of JBT Marel by 7.5% during the 4th quarter. Sanctuary Advisors LLC now owns 1,613 shares of the company’s stock valued at $243,000 after purchasing an additional 113 shares during the period. Institutional investors own 98.92% of the company’s stock.

Analyst Ratings Changes

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

Check Out Our Latest Research Report on JBTM

About JBT Marel

(Get Free Report)

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.

See Also

Earnings History for JBT Marel (NYSE:JBTM)

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