JBT Marel Corporation (NYSE:JBTM) Receives $168.50 Average Price Target from Brokerages

Shares of JBT Marel Corporation (NYSE:JBTM) have been assigned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $168.50.

Several analysts have weighed in on JBTM shares. Wall Street Zen downgraded JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Weiss Ratings downgraded 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 target price on JBT Marel in a research report on Thursday, May 21st. Oppenheimer assumed coverage on JBT Marel in a research report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price on the stock. Finally, KeyCorp initiated coverage on shares of JBT Marel in a research report on Tuesday. They set an “overweight” rating and a $150.00 price target for the company.

JBT Marel Trading Up 0.2%

NYSE JBTM opened at $118.18 on Thursday. JBT Marel has a 12-month low of $113.23 and a 12-month high of $170.19. The company has a fifty day simple moving average of $131.53 and a two-hundred day simple moving average of $134.61. 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 stock has a market cap of $6.13 billion, a P/E ratio of 32.20, a P/E/G ratio of 1.31 and a beta of 0.94.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, August 3rd. The company reported $1.95 earnings per share 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 net margin of 4.89% and a return on equity of 8.75%. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. On average, analysts forecast that JBT Marel will post 8.04 earnings per share for the current year.

JBT Marel Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be paid a $0.10 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio is presently 10.90%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel during the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC acquired a new position in shares of JBT Marel in the 2nd quarter valued at about $28,000. Parallel Advisors LLC lifted its holdings in shares of JBT Marel by 1,211.8% in the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock valued at $29,000 after buying an additional 206 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of JBT Marel in the second quarter worth about $29,000. Finally, Group One Trading LLC boosted its stake 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 buying an additional 72 shares during the last quarter. 98.92% of the stock is currently owned by institutional investors and hedge funds.

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.