JBT Marel Corporation (NYSE:JBTM) Stock Has Consensus Price Target of $164.80 According to Analysts

JBT Marel Corporation (NYSE:JBTM) has been given an average rating of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $165.20.

Several brokerages have recently weighed in on JBTM. KeyCorp initiated coverage on shares of JBT Marel in a report on Tuesday, August 25th. They set an “overweight” rating and a $150.00 price objective on the stock. Barclays assumed coverage on JBT Marel in a research note on Tuesday, September 8th. They issued an “overweight” rating and a $150.00 target price for the company. Robert W. Baird decreased their target price on JBT Marel from $188.00 to $171.00 and set an “outperform” rating for the company in a research report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of JBT Marel in a research note on Wednesday, September 2nd. Finally, Wall Street Zen downgraded JBT Marel from a “buy” rating to a “hold” rating in a report on Sunday, June 21st.

JBT Marel Stock Performance

NYSE:JBTM opened at $110.22 on Monday. The company has a fifty day moving average of $121.32 and a 200-day moving average of $128.11. The firm has a market capitalization of $5.72 billion, a P/E ratio of 30.03, a P/E/G ratio of 1.22 and a beta of 0.92. The company has a quick ratio of 0.70, a current ratio of 1.24 and a debt-to-equity ratio of 0.37. JBT Marel has a twelve month low of $109.22 and a twelve month high of $170.19.

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

JBT Marel Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, August 17th. JBT Marel’s payout ratio is 10.90%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in JBTM. Main Management ETF Advisors LLC grew its position in JBT Marel by 1.0% during the 4th quarter. Main Management ETF Advisors LLC now owns 7,047 shares of the company’s stock worth $1,062,000 after acquiring an additional 72 shares during the last quarter. Redmond Asset Management LLC grew its holdings in shares of JBT Marel by 1.3% in the fourth quarter. Redmond Asset Management LLC now owns 7,788 shares of the company’s stock worth $1,173,000 after purchasing an additional 101 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of JBT Marel in the fourth quarter worth approximately $25,000. Parallel Advisors LLC increased its stake in shares of JBT Marel by 1,211.8% in the first quarter. Parallel Advisors LLC now owns 223 shares of the company’s stock worth $29,000 after buying an additional 206 shares during the period. Finally, NewEdge Advisors LLC increased its stake in shares of JBT Marel by 8.2% in the first quarter. NewEdge Advisors LLC now owns 2,929 shares of the company’s stock worth $375,000 after buying an additional 223 shares during the period. 98.92% of the stock is owned by institutional investors.

About JBT Marel

JBT Marel Corporation is a global food technology company that develops equipment, systems and services for the processing, preparation, packaging and handling of food and beverages. Its solutions are used by food producers, processors and manufacturers across the poultry, meat, seafood, prepared foods, fruit and vegetables, pet food, dairy and beverage industries.

The company’s portfolio includes systems for portioning, weighing, sorting, grading, marinating, cooking, freezing, filling, packaging and automated material handling.