JBT Marel Corporation (NYSE:JBTM) Receives $174.67 Consensus Target Price from Analysts

Shares of JBT Marel Corporation (NYSE:JBTM) have earned a consensus recommendation of “Moderate Buy” from the four analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $174.6667.

Several research analysts recently weighed in on JBTM shares. Zacks Research downgraded JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Oppenheimer assumed coverage on JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price target for the company. Wall Street Zen lowered JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Seaport Research Partners set a $165.00 price target on JBT Marel in a research note on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th.

JBT Marel Price Performance

Shares of JBTM opened at $123.06 on Friday. The company has a 50 day moving average of $134.21 and a two-hundred day moving average of $138.93. The company has a quick ratio of 0.61, a current ratio of 1.24 and a debt-to-equity ratio of 0.37. JBT Marel has a twelve month low of $113.67 and a twelve month high of $170.19. The company has a market cap of $6.38 billion, a price-to-earnings ratio of 33.53, a price-to-earnings-growth ratio of 1.36 and a beta of 0.94.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings results on Monday, August 3rd. The company reported $1.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.07). JBT Marel had a return on equity of 8.75% and a net margin of 4.89%.The business had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, analysts predict that JBT Marel will post 8.05 earnings per share for the current fiscal year.

JBT Marel Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, August 17th. JBT Marel’s payout ratio is currently 10.90%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its position in shares of JBT Marel by 9,103.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 23,376 shares of the company’s stock valued at $3,522,000 after acquiring an additional 23,122 shares during the period. Gildi lifeyrissjodur purchased a new position in JBT Marel in the 4th quarter worth $170,862,000. Bessemer Group Inc. lifted its position in JBT Marel by 127.3% during the 4th quarter. Bessemer Group Inc. now owns 386,767 shares of the company’s stock worth $58,275,000 after acquiring an additional 216,602 shares during the period. Royce & Associates LP lifted its position in JBT Marel by 4.4% during the 4th quarter. Royce & Associates LP now owns 668,588 shares of the company’s stock worth $100,736,000 after acquiring an additional 28,335 shares during the period. Finally, Legato Capital Management LLC grew its stake in JBT Marel by 78.3% during the 4th quarter. Legato Capital Management LLC now owns 16,118 shares of the company’s stock valued at $2,428,000 after purchasing an additional 7,078 shares during the last quarter. Institutional investors and hedge funds own 98.92% of the company’s stock.

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.