JBT Marel (NYSE:JBTM) Hits New 52-Week Low – Time to Sell?

JBT Marel Corporation (NYSE:JBTM)’s stock price hit a new 52-week low on Tuesday. The stock traded as low as $102.97 and last traded at $104.1320, with a volume of 42,623 shares changing hands. The stock had previously closed at $104.58.

Analyst Upgrades and Downgrades

JBTM has been the subject of several recent analyst reports. KeyCorp assumed coverage on JBT Marel in a research report on Tuesday, August 25th. They issued an “overweight” rating and a $150.00 price target for the company. Robert W. Baird cut their price objective on shares of JBT Marel from $188.00 to $171.00 and set an “outperform” rating on the stock in a research report on Thursday, September 24th. Barclays initiated coverage on shares of JBT Marel in a research report on Tuesday, September 8th. They set an “overweight” rating and a $150.00 price objective on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of JBT Marel in a research note on Wednesday, September 2nd. Five investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $165.20.

JBT Marel Price Performance

The firm has a 50-day moving average of $112.11 and a 200-day moving average of $125.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.70 and a current ratio of 1.24. The firm has a market capitalization of $5.57 billion, a P/E ratio of 29.24, a PEG ratio of 1.16 and a beta of 0.94.

JBT Marel (NYSE:JBTM) last posted its earnings results 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, analysts predict that JBT Marel Corporation will post 8.04 EPS for the current year.

JBT Marel Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.40 annualized dividend and a dividend yield of 0.4%. JBT Marel’s dividend payout ratio (DPR) is 10.90%.

Institutional Investors Weigh In On JBT Marel

Several large investors have recently bought and sold shares of JBTM. Parallel Advisors LLC lifted its stake in JBT Marel by 1,211.8% during the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock valued at $29,000 after acquiring an additional 206 shares during the period. Transamerica Financial Advisors LLC purchased a new stake in shares of JBT Marel during the 2nd quarter valued at about $41,000. Public Employees Retirement System of Ohio bought a new stake in shares of JBT Marel in the second quarter worth approximately $50,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of JBT Marel in the second quarter worth approximately $51,000. Finally, State of Wyoming bought a new stake in shares of JBT Marel in the second quarter worth approximately $75,000. 98.92% of the stock is currently owned by institutional investors.

JBT Marel Company Profile

JBT Marel Corporation (NYSE: JBTM) is a global food processing technology company formed through the combination of JBT Corporation and Marel. The company develops, manufactures and services equipment, integrated production lines and software used throughout the food industry, from primary processing to packaging and related automation.

Its products and solutions support the processing of poultry, meat, fish, prepared foods, pet food, plant-based products, fruits and vegetables, and other food categories.