Conestoga Capital Advisors LLC Acquires 15,036 Shares of JBT Marel Corporation $JBTM

Conestoga Capital Advisors LLC increased its holdings in shares of JBT Marel Corporation (NYSE:JBTM) by 8.7% during the fourth quarter, Holdings Channel reports. The fund owned 188,602 shares of the company’s stock after purchasing an additional 15,036 shares during the period. Conestoga Capital Advisors LLC’s holdings in JBT Marel were worth $28,417,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Park Avenue Securities LLC grew its position in JBT Marel by 1.0% during the 4th quarter. Park Avenue Securities LLC now owns 6,576 shares of the company’s stock worth $991,000 after acquiring an additional 66 shares during the last quarter. Group One Trading LLC boosted its position in JBT Marel by 49.3% in the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock valued at $31,000 after buying an additional 72 shares during the last quarter. CI Investments Inc. boosted its position in JBT Marel by 69.2% in the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in JBT Marel by 15.4% in the 3rd quarter. Smartleaf Asset Management LLC now owns 741 shares of the company’s stock valued at $102,000 after buying an additional 99 shares during the last quarter. Finally, KLP Kapitalforvaltning AS boosted its position in JBT Marel by 0.9% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 10,800 shares of the company’s stock valued at $1,517,000 after buying an additional 100 shares during the last quarter. 98.92% of the stock is currently owned by institutional investors.

JBT Marel Stock Down 1.0%

Shares of JBTM opened at $118.24 on Friday. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of -117.07, a PEG ratio of 1.27 and a beta of 1.07. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.98. The business’s fifty day moving average price is $135.85 and its two-hundred day moving average price is $143.78. JBT Marel Corporation has a 52 week low of $99.84 and a 52 week high of $170.19.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, February 23rd. The company reported $1.98 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.06. The firm had revenue of $1.01 billion for the quarter. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.The firm’s quarterly revenue was up 115.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.70 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. On average, analysts predict that JBT Marel Corporation will post 8.19 earnings per share for the current year.

JBT Marel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Monday, March 9th were paid a $0.10 dividend. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio is -39.60%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of JBT Marel in a research report on Tuesday, April 21st. Zacks Research lowered JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, JBT Marel has an average rating of “Moderate Buy” and a consensus price target of $174.50.

Insider Buying and Selling at JBT Marel

In other news, CEO Brian A. Deck sold 10,000 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $151.39, for a total value of $1,513,900.00. Following the transaction, the chief executive officer owned 136,301 shares of the company’s stock, valued at $20,634,608.39. This represents a 6.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.64% of the stock is currently owned by company insiders.

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.