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

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

JBT Marel Stock Up 2.8%

Shares of NYSE:JBTM traded up $3.91 during midday trading on Monday, hitting $142.38. 555,831 shares of the company’s stock traded hands, compared to its average volume of 545,345. The firm’s fifty day moving average price is $134.78 and its two-hundred day moving average price is $139.82. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 1.01. 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 $7.41 billion, a PE ratio of 44.49, a P/E/G ratio of 1.46 and a beta of 0.94.

JBT Marel Announces Dividend

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

Institutional Trading of JBT Marel

A number of hedge funds have recently made changes to their positions in JBTM. Alliancebernstein L.P. bought a new stake in shares of JBT Marel in the 2nd quarter worth approximately $135,854,000. Gildi lifeyrissjodur bought a new position in shares of JBT Marel during the fourth quarter worth about $170,862,000. Norges Bank acquired a new stake in shares of JBT Marel in the 4th quarter worth about $98,435,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of JBT Marel in the 2nd quarter worth about $77,963,000. Finally, P2 Capital Partners LLC bought a new stake in JBT Marel in the 2nd quarter valued at about $65,536,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on JBTM. Weiss Ratings cut shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note 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 began coverage on JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 target price on the stock. Wall Street Zen downgraded JBT Marel from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. Finally, Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $174.67.

About JBT Marel

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.