Regents Gate Capital LLP Sells 54,490 Shares of JBT Marel Corporation $JBTM

Regents Gate Capital LLP lowered its stake in JBT Marel Corporation (NYSE:JBTM) by 72.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,609 shares of the company’s stock after selling 54,490 shares during the period. JBT Marel accounts for 1.0% of Regents Gate Capital LLP’s portfolio, making the stock its 26th largest position. Regents Gate Capital LLP’s holdings in JBT Marel were worth $3,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

JBT Marel Trading Up 3.6%

Shares of JBTM stock opened at $123.23 on Friday. JBT Marel Corporation has a 12-month low of $113.67 and a 12-month high of $170.19. The firm has a 50 day moving average price of $129.04 and a two-hundred day moving average price of $142.98. The company has a quick ratio of 0.61, a current ratio of 1.01 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $6.42 billion, a PE ratio of 38.51, a price-to-earnings-growth ratio of 1.25 and a beta of 0.95.

JBT Marel (NYSE:JBTM) last posted its earnings results on Monday, May 4th. The company reported $1.58 earnings per share for the quarter, topping 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 company had revenue of $936.00 million during the quarter. During the same period in the prior year, the business posted $0.97 EPS. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, analysts predict that JBT Marel Corporation will post 8.26 earnings per share for the current year.

JBT Marel Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 9th. Investors of record on Tuesday, May 26th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, May 26th. JBT Marel’s dividend payout ratio (DPR) is 12.50%.

Analyst Upgrades and Downgrades

JBTM has been the subject of a number of research reports. Weiss Ratings cut JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Oppenheimer started coverage on shares of JBT Marel in a report on Thursday, May 21st. They issued an “outperform” rating and a $175.00 price target for the company. Zacks Research lowered shares of JBT Marel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Finally, Seaport Research Partners set a $165.00 price target on JBT Marel in a research report on Thursday, May 21st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, JBT Marel presently has an average rating of “Moderate Buy” and a consensus price target of $174.67.

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.