Analysts Set JBT Marel Corporation (NYSE:JBTM) PT at $174.67

Shares of JBT Marel Corporation (NYSE:JBTM) have earned a consensus recommendation of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $174.6667.

Several research analysts have commented on the stock. Wall Street Zen downgraded shares of JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Weiss Ratings cut shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. Zacks Research lowered shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Oppenheimer assumed coverage on JBT Marel in a research note on Thursday, May 21st. They set an “outperform” rating and a $175.00 price objective on the stock. Finally, Seaport Research Partners set a $165.00 target price on JBT Marel in a research note on Thursday, May 21st.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Alliancebernstein L.P. purchased a new stake in JBT Marel during the 2nd quarter valued at $135,854,000. Gildi lifeyrissjodur bought a new position in shares of JBT Marel during the fourth quarter valued at about $170,862,000. Norges Bank bought a new stake in shares of JBT Marel in the fourth quarter worth about $98,435,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of JBT Marel in the second quarter worth about $77,963,000. Finally, P2 Capital Partners LLC purchased a new position in JBT Marel during the 2nd quarter valued at about $65,536,000. 98.92% of the stock is owned by hedge funds and other institutional investors.

JBT Marel Price Performance

JBTM opened at $136.80 on Wednesday. The stock has a 50-day moving average price of $132.43 and a 200-day moving average price of $141.71. JBT Marel has a 12-month low of $113.67 and a 12-month high of $170.19. The company has a current ratio of 1.01, a quick ratio of 0.61 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $7.12 billion, a P/E ratio of 42.75, a PEG ratio of 1.44 and a beta of 0.94.

JBT Marel (NYSE:JBTM) last announced its quarterly earnings data on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.09. The company had revenue of $936.00 million for the quarter. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The business’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.97 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. Equities analysts predict that JBT Marel will post 8.26 earnings per share for the current fiscal year.

JBT Marel Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th were given a $0.10 dividend. The ex-dividend date was Tuesday, May 26th. This represents a $0.40 annualized dividend and a yield of 0.3%. JBT Marel’s payout ratio is presently 12.50%.

JBT Marel Company 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.