JBT Marel (NYSE:JBTM) Sets New 12-Month Low – What’s Next?

JBT Marel Corporation (NYSE:JBTM)’s stock price reached a new 52-week low on Thursday . The company traded as low as $110.15 and last traded at $110.5450, with a volume of 46237 shares trading hands. The stock had previously closed at $111.41.

Analyst Ratings Changes

Several research analysts recently commented on JBTM shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of JBT Marel in a research note on Wednesday, September 2nd. Wall Street Zen cut shares of JBT Marel from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. KeyCorp initiated coverage on shares of JBT Marel in a research note on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price objective for the company. Finally, Barclays assumed coverage on shares of JBT Marel in a research note on Tuesday, September 8th. They set an “overweight” rating and a $150.00 price objective for the company. Four 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.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $164.80.

JBT Marel Price Performance

The business has a 50 day moving average of $123.83 and a 200 day moving average of $129.55. The company has a market cap of $5.69 billion, a PE ratio of 29.91, a price-to-earnings-growth ratio of 1.22 and a beta of 0.92. 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 issued 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 net margin of 4.89% and a return on equity of 8.75%. The company had revenue of $981.00 million for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, research analysts predict that JBT Marel Corporation will post 8.04 EPS for the current year.

JBT Marel Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.4%. JBT Marel’s payout ratio is presently 10.90%.

Hedge Funds Weigh In On JBT Marel

A number of institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in JBT Marel during the 2nd quarter valued at approximately $1,150,221,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of JBT Marel by 8.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,818,441 shares of the company’s stock worth $263,674,000 after acquiring an additional 143,049 shares in the last quarter. Geode Capital Management LLC raised its position in shares of JBT Marel by 0.7% in the 4th quarter. Geode Capital Management LLC now owns 1,246,584 shares of the company’s stock worth $187,855,000 after acquiring an additional 8,291 shares in the last quarter. Royce & Associates LP lifted its stake in shares of JBT Marel by 4.4% in the 4th quarter. Royce & Associates LP now owns 668,588 shares of the company’s stock valued at $100,736,000 after purchasing an additional 28,335 shares during the period. Finally, Vaughan Nelson Investment Management L.P. lifted its stake in shares of JBT Marel by 34.3% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 664,550 shares of the company’s stock valued at $84,976,000 after purchasing an additional 169,655 shares during the period. 98.92% of the stock is owned by institutional investors.

JBT Marel Company Profile

JBT Marel Corporation is a global food technology company that develops equipment, systems and services for the processing, preparation, packaging and handling of food and beverages. Its solutions are used by food producers, processors and manufacturers across the poultry, meat, seafood, prepared foods, fruit and vegetables, pet food, dairy and beverage industries.

The company’s portfolio includes systems for portioning, weighing, sorting, grading, marinating, cooking, freezing, filling, packaging and automated material handling.