NFJ Investment Group LLC Acquires New Holdings in JBT Marel Corporation $JBTM

NFJ Investment Group LLC bought a new stake in JBT Marel Corporation (NYSE:JBTM) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 69,663 shares of the company’s stock, valued at approximately $10,101,000.

Several other hedge funds also recently bought and sold shares of the stock. UMB Bank n.a. increased its position in shares of JBT Marel by 34.4% during the fourth quarter. UMB Bank n.a. now owns 254 shares of the company’s stock valued at $38,000 after acquiring an additional 65 shares during the last quarter. Main Management ETF Advisors LLC lifted its holdings in shares of JBT Marel by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 7,047 shares of the company’s stock worth $1,062,000 after acquiring an additional 72 shares during the last quarter. Group One Trading LLC lifted its holdings in shares of JBT Marel by 49.3% in the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after acquiring an additional 72 shares during the last quarter. Redmond Asset Management LLC lifted its holdings in shares of JBT Marel by 1.3% in the 4th quarter. Redmond Asset Management LLC now owns 7,788 shares of the company’s stock worth $1,173,000 after acquiring an additional 101 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its position in shares of JBT Marel by 7.5% during the 4th quarter. Sanctuary Advisors LLC now owns 1,613 shares of the company’s stock worth $243,000 after purchasing an additional 113 shares during the period. Hedge funds and other institutional investors own 98.92% of the company’s stock.

Analyst Upgrades and Downgrades

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

JBT Marel Trading Up 0.9%

NYSE JBTM opened at $116.12 on Friday. The firm has a 50 day simple moving average of $132.98 and a 200-day simple moving average of $136.37. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 1.24. JBT Marel Corporation has a one year low of $113.67 and a one year high of $170.19. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 31.64, a PEG ratio of 1.27 and a beta of 0.94.

JBT Marel (NYSE:JBTM) last announced its earnings results on Monday, August 3rd. The company reported $1.95 earnings per share for the quarter, missing the consensus estimate 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 for the quarter. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. Equities research analysts anticipate that JBT Marel Corporation will post 8.05 EPS for the current fiscal year.

JBT Marel Dividend Announcement

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 paid a $0.10 dividend. The ex-dividend date is Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel’s payout ratio is 10.90%.

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.