JBT Marel Corporation $JBTM Shares Purchased by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC raised its stake in shares of JBT Marel Corporation (NYSE:JBTM) by 3.1% during the first quarter, HoldingsChannel reports. The fund owned 194,415 shares of the company’s stock after acquiring an additional 5,813 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in JBT Marel were worth $24,860,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Eurizon Capital SGR S.p.A. bought a new stake in shares of JBT Marel in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC bought a new position in shares of JBT Marel during the second quarter worth about $28,000. CI Investments Inc. grew its stake in JBT Marel by 69.2% in the third quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after purchasing an additional 83 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in JBT Marel in the second quarter worth about $29,000. Finally, Group One Trading LLC grew its stake in 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 purchasing an additional 72 shares in the last quarter. 98.92% of the stock is currently owned by institutional investors.

JBT Marel Trading Up 0.1%

NYSE JBTM opened at $145.09 on Thursday. 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 Corporation has a one year low of $113.67 and a one year high of $170.19. The company has a 50-day simple moving average of $130.63 and a 200-day simple moving average of $142.19. The firm has a market capitalization of $7.55 billion, a PE ratio of 45.34, a price-to-earnings-growth ratio of 1.52 and a beta of 0.93.

JBT Marel (NYSE:JBTM) last released its quarterly earnings data on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.09. The firm had revenue of $936.00 million for the quarter. JBT Marel had a net margin of 4.32% and a return on equity of 8.25%. JBT Marel’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.97 EPS. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. On average, equities analysts forecast that JBT Marel Corporation will post 8.26 earnings per share for the current year.

JBT Marel Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have issued reports on JBTM shares. Wall Street Zen cut 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 target price on JBT Marel in a research report on Thursday, May 21st. Zacks Research downgraded JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Oppenheimer initiated 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. Finally, Weiss Ratings lowered JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.