JBT Marel Corporation (NYSE:JBTM) Stock Has Average Price Target of $165.20 According to Brokerages

JBT Marel Corporation (NYSE:JBTM) has been assigned an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $165.20.

JBTM has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of JBT Marel from a “buy” rating to a “hold” rating in a research report on Sunday, June 21st. KeyCorp started coverage on JBT Marel in a research report on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price objective for the company. Robert W. Baird dropped their price objective on JBT Marel from $188.00 to $171.00 and set an “outperform” rating on the stock in a report on Thursday, September 24th. Barclays started coverage on JBT Marel in a research report on Tuesday, September 8th. They set an “overweight” rating and a $150.00 target price on the stock. Finally, Weiss Ratings restated a “hold (c)” rating on shares of JBT Marel in a research note on Wednesday, September 2nd.

Institutional Trading of JBT Marel

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its holdings in shares of JBT Marel by 1,211.8% in the 1st quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock valued at $29,000 after buying an additional 206 shares in the last quarter. Transamerica Financial Advisors LLC purchased a new position in shares of JBT Marel in the 2nd quarter valued at $41,000. Public Employees Retirement System of Ohio purchased a new position in shares of JBT Marel in the 2nd quarter valued at $50,000. Northwestern Mutual Wealth Management Co. acquired a new stake in JBT Marel during the 2nd quarter worth $51,000. Finally, State of Wyoming acquired a new stake in JBT Marel during the 2nd quarter worth $75,000. Institutional investors and hedge funds own 98.92% of the company’s stock.

JBT Marel Stock Performance

NYSE:JBTM opened at $104.16 on Friday. JBT Marel has a 52 week low of $103.26 and a 52 week high of $170.19. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 1.15 and a beta of 0.94. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.37. The company has a fifty day simple moving average of $113.01 and a two-hundred day simple moving average of $125.45.

JBT Marel (NYSE:JBTM) last issued its quarterly 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 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, equities analysts anticipate that JBT Marel will post 8.04 earnings per share for the current fiscal year.

JBT Marel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, August 17th. JBT Marel’s dividend payout ratio is currently 10.90%.

JBT Marel Company Profile

JBT Marel Corporation (NYSE:JBTM) is a global food and beverage technology company formed through the combination of JBT Corporation and Marel. The company develops equipment, integrated processing lines and software designed to help food producers automate operations, improve productivity and support food safety and sustainability.

Its products and services serve a broad range of food-processing markets, including poultry, meat, seafood, prepared foods, fruit and vegetables, dairy and pet food.