PEAK6 LLC Takes Position in JBT Marel Corporation $JBTM

PEAK6 LLC purchased a new stake in JBT Marel Corporation (NYSE:JBTM) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,886 shares of the company’s stock, valued at approximately $853,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Eurizon Capital SGR S.p.A. acquired a new stake in JBT Marel in the fourth quarter valued at approximately $25,000. Group One Trading LLC grew its position 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 acquiring an additional 72 shares in the last quarter. Parallel Advisors LLC increased its stake in shares of JBT Marel by 1,211.8% during the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after purchasing an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new position in shares of JBT Marel during the 2nd quarter worth $28,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of JBT Marel during the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 98.92% of the company’s stock.

JBT Marel Stock Up 0.2%

JBTM stock opened at $117.07 on Monday. The stock has a market capitalization of $6.07 billion, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 1.29 and a beta of 0.94. The company has a 50-day moving average of $132.81 and a two-hundred day moving average of $136.04. JBT Marel Corporation has a 52-week low of $113.67 and a 52-week high of $170.19. 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 posted its quarterly earnings data on Monday, August 3rd. The company reported $1.95 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 during the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, equities research analysts anticipate that JBT Marel Corporation will post 8.05 EPS for the current year.

JBT Marel Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be given a $0.10 dividend. 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%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Oppenheimer started coverage on shares of JBT Marel in a research report on Thursday, May 21st. They set an “outperform” rating and a $175.00 target price on the stock. Seaport Research Partners set a $165.00 target price on JBT Marel in a report on Thursday, May 21st. Zacks Research cut JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Finally, Weiss Ratings downgraded JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $174.67.

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.