JBT Marel (NYSE:JBTM) Sets New 1-Year High – Here’s What Happened

JBT Marel Corporation (NYSE:JBTM) reached a new 52-week high during trading on Friday . The stock traded as high as $171.30 and last traded at $171.30, with a volume of 12101 shares changing hands. The stock had previously closed at $136.52.

Analysts Set New Price Targets

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

JBT Marel Stock Performance

The company has a market cap of $7.14 billion, a PE ratio of -60.02, a PEG ratio of 1.96 and a beta of 1.24. The company has a quick ratio of 0.53, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average of $137.40 and a 200-day moving average of $123.27.

JBT Marel (NYSE:JBTM) last announced its earnings results on Monday, August 4th. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.22. The company had revenue of $934.80 million for the quarter, compared to analysts’ expectations of $898.77 million. JBT Marel had a positive return on equity of 7.96% and a negative net margin of 5.08%.The business’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, analysts anticipate that JBT Marel Corporation will post 5.21 earnings per share for the current year.

JBT Marel Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Squarepoint Ops LLC boosted its position in JBT Marel by 344.1% in the second quarter. Squarepoint Ops LLC now owns 37,889 shares of the company’s stock worth $4,557,000 after purchasing an additional 29,358 shares during the last quarter. Cim Investment Management Inc. purchased a new position in JBT Marel in the second quarter worth $444,000. Hudson Bay Capital Management LP purchased a new position in JBT Marel in the second quarter worth $8,431,000. Nomura Holdings Inc. purchased a new position in JBT Marel in the second quarter worth $11,230,000. Finally, Public Sector Pension Investment Board purchased a new position in JBT Marel in the second quarter worth $18,968,000. Hedge funds and other institutional investors own 98.92% of the company’s stock.

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.