JBT Marel Corporation $JBTM Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in JBT Marel Corporation (NYSE:JBTM) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,312 shares of the company’s stock after purchasing an additional 8,913 shares during the quarter. Hsbc Holdings PLC’s holdings in JBT Marel were worth $13,561,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in JBTM. Eurizon Capital SGR S.p.A. purchased a new position in shares of JBT Marel during the fourth quarter worth $25,000. EverSource Wealth Advisors LLC acquired a new stake in shares of JBT Marel in the second quarter valued at $28,000. CI Investments Inc. raised its holdings in shares of JBT Marel by 69.2% in the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock valued at $29,000 after buying an additional 83 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of JBT Marel in the 2nd quarter valued at $29,000. Finally, Group One Trading LLC raised 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 valued at $31,000 after buying an additional 72 shares during the period. 98.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on JBTM. Seaport Research Partners set a $165.00 target price on JBT Marel in a report on Thursday, May 21st. Wall Street Zen lowered shares of JBT Marel from a “buy” rating to a “hold” rating in a research note on Sunday, June 21st. Zacks Research cut 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 shares of JBT Marel in a research note on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price objective for the company. Finally, Weiss Ratings cut shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $174.67.

JBT Marel Stock Up 2.3%

JBT Marel stock opened at $137.59 on Friday. The firm has a market capitalization of $7.16 billion, a P/E ratio of 43.00, a P/E/G ratio of 1.41 and a beta of 0.95. The company has a current ratio of 1.01, a quick ratio of 0.61 and a debt-to-equity ratio of 0.32. JBT Marel Corporation has a twelve month low of $113.67 and a twelve month high of $170.19. The stock’s fifty day simple moving average is $129.71 and its 200-day simple moving average is $142.30.

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

JBT Marel Dividend Announcement

The business also recently declared 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 of this dividend was Tuesday, May 26th. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. JBT Marel’s dividend payout ratio (DPR) is currently 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.