JBT Marel Corporation $JBTM is Royce & Associates LP’s 3rd Largest Position

Royce & Associates LP trimmed its position in shares of JBT Marel Corporation (NYSE:JBTM) by 7.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 640,253 shares of the company’s stock after selling 54,931 shares during the period. JBT Marel comprises approximately 0.9% of Royce & Associates LP’s portfolio, making the stock its 3rd biggest holding. Royce & Associates LP owned about 1.23% of JBT Marel worth $89,924,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new position in JBT Marel in the 3rd quarter worth about $25,000. UMB Bank n.a. acquired a new stake in JBT Marel in the third quarter valued at approximately $27,000. First Horizon Corp bought a new stake in JBT Marel in the third quarter worth approximately $27,000. Group One Trading LLC increased its stake in shares of 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 purchasing an additional 72 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of JBT Marel during the 2nd quarter worth $28,000. Institutional investors and hedge funds own 98.92% of the company’s stock.

Insider Buying and Selling at JBT Marel

In other news, Director Olafur S. Gudmundsson sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $150.09, for a total transaction of $1,500,900.00. Following the completion of the sale, the director owned 9,980 shares of the company’s stock, valued at approximately $1,497,898.20. This trade represents a 50.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.69% of the company’s stock.

JBT Marel Stock Performance

Shares of JBTM opened at $153.94 on Friday. The company has a market capitalization of $8.00 billion, a PE ratio of -152.42, a price-to-earnings-growth ratio of 1.36 and a beta of 1.01. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.98 and a quick ratio of 0.53. JBT Marel Corporation has a one year low of $90.08 and a one year high of $170.19. The company’s fifty day moving average price is $158.61 and its 200 day moving average price is $146.27.

JBT Marel (NYSE:JBTM) last issued its quarterly earnings results on Monday, February 23rd. The company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.92 by $0.06. The company had revenue of $1.01 billion during the quarter. JBT Marel had a positive return on equity of 7.68% and a negative net margin of 1.33%.The firm’s quarterly revenue was up 115.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.70 earnings per share. JBT Marel has set its FY 2026 guidance at 8.000-8.500 EPS. As a group, analysts expect that JBT Marel Corporation will post 5.21 earnings per share for the current year.

JBT Marel Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Monday, March 9th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.40 annualized dividend and a dividend yield of 0.3%. JBT Marel’s dividend payout ratio is presently -39.60%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on JBTM shares. Jefferies Financial Group raised shares of JBT Marel from a “hold” rating to a “buy” rating and lifted their price objective for the company from $150.00 to $180.00 in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of JBT Marel in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, JBT Marel presently has a consensus rating of “Moderate Buy” and an average target price of $174.50.

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.