Callan Family Office LLC Buys Shares of 4,432 JBT Marel Corporation $JBTM

Callan Family Office LLC bought a new stake in shares of JBT Marel Corporation (NYSE:JBTM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,432 shares of the company’s stock, valued at approximately $643,000.

Several other hedge funds have also made changes to their positions in the stock. BlackRock Inc. bought a new position in shares of JBT Marel during the second quarter worth about $1,150,221,000. Alliancebernstein L.P. acquired a new position in JBT Marel during the 2nd quarter valued at about $135,854,000. Gildi lifeyrissjodur bought a new position in JBT Marel in the 4th quarter worth about $170,862,000. Norges Bank bought a new position in JBT Marel in the 4th quarter worth about $98,435,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of JBT Marel in the second quarter valued at approximately $77,963,000. Institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Up 2.8%

JBT Marel stock opened at $118.28 on Wednesday. The stock has a market cap of $6.14 billion, a price-to-earnings ratio of 32.23, a PEG ratio of 1.27 and a beta of 0.94. The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. The company’s 50-day moving average price is $132.31 and its two-hundred day moving average price is $135.38. JBT Marel Corporation has a 52 week low of $113.23 and a 52 week high of $170.19.

JBT Marel (NYSE:JBTM) last released its quarterly earnings results on Monday, August 3rd. The company reported $1.95 EPS for the quarter, missing analysts’ consensus estimates 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. On average, analysts expect that JBT Marel Corporation will post 8.05 EPS for the current fiscal year.

JBT Marel Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be issued a dividend of $0.10 per share. 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 payout ratio is presently 10.90%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on JBTM. Wall Street Zen cut JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. KeyCorp initiated coverage on JBT Marel in a research report on Tuesday. They issued an “overweight” rating and a $150.00 target price on the stock. Weiss Ratings cut JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Seaport Research Partners set a $165.00 target price on JBT Marel in a research note on Thursday, May 21st. Finally, Oppenheimer initiated coverage on JBT Marel in a research report on Thursday, May 21st. They set an “outperform” rating and a $175.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $168.50.

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.