Jefferies Financial Group Inc. Makes New $1.39 Million Investment in JBT Marel Corporation $JBTM

Jefferies Financial Group Inc. purchased a new stake in JBT Marel Corporation (NYSE:JBTM) in the 2nd quarter, HoldingsChannel reports. The fund purchased 9,576 shares of the company’s stock, valued at approximately $1,389,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in JBT Marel in the second quarter worth approximately $1,150,221,000. Alliancebernstein L.P. acquired a new stake in shares of JBT Marel during the 2nd quarter worth approximately $135,854,000. Gildi lifeyrissjodur acquired a new stake in shares of JBT Marel during the 4th quarter worth approximately $170,862,000. Bamco Inc. NY bought a new stake in shares of JBT Marel in the 2nd quarter valued at $95,781,000. Finally, Norges Bank bought a new stake in shares of JBT Marel in the 4th quarter valued at $98,435,000. 98.92% of the stock is owned by institutional investors and hedge funds.

JBT Marel Trading Up 0.2%

NYSE JBTM opened at $118.18 on Friday. The firm has a market capitalization of $6.13 billion, a P/E ratio of 32.20, a PEG ratio of 1.31 and a beta of 0.94. The business has a fifty day simple moving average of $131.53 and a 200 day simple moving average of $134.61. JBT Marel Corporation has a 12 month low of $113.23 and a 12 month high of $170.19. The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings data 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 firm had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. On average, analysts predict that JBT Marel Corporation will post 8.04 EPS for the current fiscal year.

JBT Marel Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts recently commented on JBTM shares. Weiss Ratings lowered JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Oppenheimer started coverage on JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price target on the stock. 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 report on Thursday, May 21st. Finally, KeyCorp began coverage on shares of JBT Marel in a research note on Tuesday. They set an “overweight” rating and a $150.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $168.50.

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.