JBT Marel (NYSE:JBTM) Stock Price Up 2.7% – What’s Next?

JBT Marel Corporation (NYSE:JBTM)’s stock price rose 2.7% during trading on Thursday . The stock traded as high as $140.60 and last traded at $140.16. Approximately 502,954 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 443,817 shares. The stock had previously closed at $136.52.

Analyst Upgrades and Downgrades

Separately, William Blair upgraded shares of JBT Marel from a “market perform” rating to an “outperform” rating in a research note on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $143.00.

JBT Marel Trading Up 2.7%

The company has a debt-to-equity ratio of 0.35, a current ratio of 0.93 and a quick ratio of 0.53. The company’s 50 day simple moving average is $137.18 and its 200 day simple moving average is $123.34. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of -61.21, a P/E/G ratio of 1.91 and a beta of 1.24.

JBT Marel (NYSE:JBTM) last issued its earnings results on Monday, August 4th. The company reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.22. The firm had revenue of $934.80 million during the quarter, compared to the consensus estimate of $898.77 million. JBT Marel had a negative net margin of 5.08% and a positive return on equity of 7.96%. The company’s revenue was up 132.4% on a year-over-year basis. JBT Marel has set its Q3 2025 guidance at EPS. FY 2025 guidance at 5.450-6.150 EPS. As a group, research analysts expect that JBT Marel Corporation will post 5.21 earnings per share for the current fiscal year.

JBT Marel Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Investors of record on Monday, August 18th were paid a dividend of $0.10 per share. The ex-dividend date was Monday, August 18th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.3%. JBT Marel’s payout ratio is presently -17.47%.

Hedge Funds Weigh In On JBT Marel

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC acquired a new position in shares of JBT Marel during the second quarter worth $141,026,000. Alliancebernstein L.P. acquired a new position in shares of JBT Marel during the second quarter worth $135,854,000. Champlain Investment Partners LLC acquired a new position in shares of JBT Marel during the second quarter worth $85,029,000. Bamco Inc. NY acquired a new position in JBT Marel in the second quarter valued at $84,182,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in JBT Marel in the second quarter valued at $83,397,000. Institutional investors and hedge funds own 98.92% 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.