Susquehanna Fundamental Investments LLC Acquires 37,499 Shares of JBT Marel Corporation $JBTM

Susquehanna Fundamental Investments LLC increased its holdings in JBT Marel Corporation (NYSE:JBTM) by 79.8% in the second quarter, Holdings Channel reports. The institutional investor owned 84,502 shares of the company’s stock after buying an additional 37,499 shares during the period. Susquehanna Fundamental Investments LLC’s holdings in JBT Marel were worth $12,253,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. Walleye Capital LLC bought a new stake in shares of JBT Marel during the 2nd quarter valued at $3,953,000. Bank of America Corp DE increased its position in shares of JBT Marel by 2.3% in the first quarter. Bank of America Corp DE now owns 466,741 shares of the company’s stock worth $59,682,000 after purchasing an additional 10,714 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of JBT Marel by 9,103.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 23,376 shares of the company’s stock worth $3,522,000 after purchasing an additional 23,122 shares during the period. Bessemer Group Inc. raised its stake in JBT Marel by 127.3% in the fourth quarter. Bessemer Group Inc. now owns 386,767 shares of the company’s stock valued at $58,275,000 after purchasing an additional 216,602 shares in the last quarter. Finally, Royce & Associates LP raised its stake in JBT Marel by 4.4% in the fourth quarter. Royce & Associates LP now owns 668,588 shares of the company’s stock valued at $100,736,000 after purchasing an additional 28,335 shares in the last quarter. 98.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Seaport Research Partners set a $165.00 target price on shares of JBT Marel in a report on Thursday, May 21st. Wall Street Zen downgraded shares of JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st. Weiss Ratings lowered shares of JBT Marel from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. KeyCorp started coverage on shares of JBT Marel in a research note on Tuesday, August 25th. They issued an “overweight” rating and a $150.00 price objective on the stock. Finally, Oppenheimer initiated coverage on shares of JBT Marel in a research report on Thursday, May 21st. They set an “outperform” rating and a $175.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $168.50.

JBT Marel Stock Down 0.1%

Shares of NYSE JBTM opened at $118.18 on Monday. The company has a market cap of $6.13 billion, a price-to-earnings ratio of 32.20, a PEG ratio of 1.31 and a beta of 0.94. The company has a current ratio of 1.24, a quick ratio of 0.70 and a debt-to-equity ratio of 0.37. JBT Marel Corporation has a 12 month low of $113.23 and a 12 month high of $170.19. The stock has a 50-day moving average price of $131.53 and a two-hundred day moving average price of $134.39.

JBT Marel (NYSE:JBTM) last posted its quarterly earnings results on Monday, August 3rd. The company reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $2.02 by ($0.07). The company had revenue of $981.00 million during the quarter. JBT Marel had a net margin of 4.89% and a return on equity of 8.75%. JBT Marel has set its FY 2026 guidance at 7.850-8.350 EPS. As a group, analysts forecast that JBT Marel Corporation will post 8.04 earnings per share for the current fiscal year.

JBT Marel Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, August 17th. JBT Marel’s payout ratio is presently 10.90%.

JBT Marel 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.