William Blair Investment Management LLC Has $40.64 Million Stock Holdings in JBT Marel Corporation $JBTM

William Blair Investment Management LLC lessened its position in JBT Marel Corporation (NYSE:JBTM) by 6.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 269,712 shares of the company’s stock after selling 18,792 shares during the period. William Blair Investment Management LLC owned about 0.52% of JBT Marel worth $40,638,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. UMB Bank n.a. acquired a new position in JBT Marel during the 3rd quarter worth about $27,000. EverSource Wealth Advisors LLC acquired a new position in JBT Marel during the 2nd quarter worth about $28,000. CI Investments Inc. lifted its position in JBT Marel by 69.2% during the 3rd quarter. CI Investments Inc. now owns 203 shares of the company’s stock worth $29,000 after buying an additional 83 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in JBT Marel during the 2nd quarter worth about $29,000. Finally, Group One Trading LLC lifted its position in JBT Marel by 49.3% during the 3rd quarter. Group One Trading LLC now owns 218 shares of the company’s stock worth $31,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 98.92% of the company’s stock.

JBT Marel Stock Performance

Shares of NYSE:JBTM opened at $132.11 on Monday. The stock has a market capitalization of $6.88 billion, a P/E ratio of 41.29, a P/E/G ratio of 1.38 and a beta of 0.92. JBT Marel Corporation has a 1-year low of $111.07 and a 1-year 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 business has a 50-day moving average price of $129.24 and a two-hundred day moving average price of $143.94.

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, topping the consensus estimate of $1.49 by $0.09. The firm had revenue of $936.00 million during the quarter. JBT Marel had a return on equity of 8.25% and a net margin of 4.32%.The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the firm 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 Corporation will post 8.26 earnings per share for the current year.

JBT Marel Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, May 26th. JBT Marel’s payout ratio is currently 12.50%.

Analyst Ratings Changes

Several research analysts recently issued reports on JBTM shares. Oppenheimer started coverage on shares of JBT Marel in a research report on Thursday. They set an “outperform” rating and a $175.00 price target on the stock. Seaport Research Partners set a $165.00 price target on shares of JBT Marel in a research report on Thursday. Weiss Ratings upgraded shares of JBT Marel from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Finally, Zacks Research downgraded shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $174.67.

Insiders Place Their Bets

In other JBT Marel news, CEO Brian A. Deck sold 8,634 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $150.51, for a total transaction of $1,299,503.34. Following the completion of the sale, the chief executive officer directly owned 127,667 shares of the company’s stock, valued at approximately $19,215,160.17. The trade was a 6.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.64% 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.