JBT Marel (NYSE:JBTM) Announces Quarterly Earnings Results, Beats Estimates By $0.43 EPS

JBT Marel (NYSE:JBTM) posted its quarterly earnings results on Monday. The company reported $1.94 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.43, Zacks reports. JBT Marel had a negative net margin of 5.08% and a positive return on equity of 7.96%. JBT Marel updated its FY 2025 guidance to 6.100-6.400 EPS.

JBT Marel Trading Down 1.6%

JBTM stock traded down $1.97 during trading on Monday, hitting $124.13. The company had a trading volume of 646,649 shares, compared to its average volume of 557,386. The firm has a 50-day moving average price of $137.59 and a 200-day moving average price of $127.72. JBT Marel has a 12 month low of $90.08 and a 12 month high of $148.76. The company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. The stock has a market cap of $6.45 billion, a price-to-earnings ratio of -54.21, a PEG ratio of 1.72 and a beta of 1.21.

JBT Marel Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were issued a $0.10 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio (DPR) is currently -17.47%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JBTM. Robert W. Baird set a $169.00 price objective on shares of JBT Marel in a report on Friday, October 3rd. Weiss Ratings restated a “hold (c-)” rating on shares of JBT Marel in a research note on Wednesday, October 8th. Finally, William Blair raised JBT Marel from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $156.00.

Institutional Investors Weigh In On JBT Marel

A number of institutional investors and hedge funds have recently made changes to their positions in JBTM. Northwestern Mutual Wealth Management Co. bought a new position in JBT Marel in the second quarter valued at about $29,000. EverSource Wealth Advisors LLC bought a new position in shares of JBT Marel in the 2nd quarter valued at about $28,000. First Trust Advisors LP acquired a new stake in shares of JBT Marel during the 2nd quarter worth approximately $4,285,000. Amundi bought a new stake in shares of JBT Marel during the second quarter worth approximately $974,000. Finally, Gamco Investors INC. ET AL bought a new stake in shares of JBT Marel during the second quarter worth approximately $1,173,000. Institutional investors own 98.92% of the company’s stock.

About JBT Marel

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.