JBT Marel (NYSE:JBTM) Reaches New 12-Month Low – What’s Next?

Shares of JBT Marel Corporation (NYSE:JBTM) hit a new 52-week low during trading on Tuesday. The company traded as low as $102.97 and last traded at $104.1320, with a volume of 42,623 shares trading hands. The stock had previously closed at $104.58.

Wall Street Analysts Forecast Growth

JBTM has been the topic of several research reports. Robert W. Baird reduced their price target on JBT Marel from $188.00 to $171.00 and set an “outperform” rating on the stock in a report on Thursday, September 24th. KeyCorp started coverage on shares of JBT Marel in a report on Tuesday, August 25th. They issued an “overweight” rating and a $150.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of JBT Marel in a research report on Wednesday, September 2nd. Finally, Barclays assumed coverage on shares of JBT Marel in a research report on Tuesday, September 8th. They set an “overweight” rating and a $150.00 target price on the stock. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, JBT Marel has an average rating of “Moderate Buy” and a consensus target price of $165.20.

JBT Marel Stock Up 1.7%

The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 28.99, a P/E/G ratio of 1.15 and a beta of 0.94. The stock has a fifty day moving average of $112.66 and a two-hundred day moving average of $125.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.24 and a quick ratio of 0.70.

JBT Marel (NYSE:JBTM) last announced its earnings results on Monday, August 3rd. The company reported $1.95 earnings per share (EPS) for the quarter, missing the consensus estimate 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. Sell-side analysts anticipate that JBT Marel Corporation will post 8.04 earnings per share for the current year.

JBT Marel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, August 17th. JBT Marel’s payout ratio is 10.90%.

Institutional Investors Weigh In On JBT Marel

Institutional investors and hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc lifted its stake in shares of JBT Marel by 103.1% in the third quarter. IFP Advisors Inc now owns 20,051 shares of the company’s stock worth $2,117,000 after acquiring an additional 10,177 shares during the period. PineStone Asset Management Inc. boosted its holdings in JBT Marel by 7.3% in the third quarter. PineStone Asset Management Inc. now owns 8,829 shares of the company’s stock valued at $932,000 after acquiring an additional 600 shares during the last quarter. Vontobel Holding Ltd. boosted its holdings in JBT Marel by 33.3% in the third quarter. Vontobel Holding Ltd. now owns 2,977 shares of the company’s stock valued at $314,000 after acquiring an additional 744 shares during the last quarter. GAMMA Investing LLC increased its position in JBT Marel by 43.9% during the 3rd quarter. GAMMA Investing LLC now owns 4,290 shares of the company’s stock valued at $453,000 after purchasing an additional 1,308 shares during the period. Finally, Gradient Investments LLC acquired a new stake in JBT Marel during the 3rd quarter valued at approximately $1,008,000. Institutional investors and hedge funds own 98.92% of the company’s stock.

About JBT Marel

JBT Marel Corporation (NYSE: JBTM) is a global food processing technology company formed through the combination of JBT Corporation and Marel. The company develops, manufactures and services equipment, integrated production lines and software used throughout the food industry, from primary processing to packaging and related automation.

Its products and solutions support the processing of poultry, meat, fish, prepared foods, pet food, plant-based products, fruits and vegetables, and other food categories.