Public Employees Retirement System of Ohio Purchases Shares of 525 JBT Marel Corporation $JBTM

Public Employees Retirement System of Ohio purchased a new stake in JBT Marel Corporation (NYSE:JBTM) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 525 shares of the company’s stock, valued at approximately $63,000.

Separately, Fifth Third Bancorp bought a new stake in JBT Marel in the second quarter valued at $50,000. Institutional investors own 98.92% of the company’s stock.

JBT Marel Stock Down 2.2%

JBTM opened at $143.53 on Wednesday. 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 stock has a market cap of $7.46 billion, a price-to-earnings ratio of -62.68, a PEG ratio of 2.05 and a beta of 1.21. JBT Marel Corporation has a twelve month low of $90.08 and a twelve month high of $148.76. The company’s 50-day moving average price is $139.72 and its two-hundred day moving average price is $124.59.

JBT Marel (NYSE:JBTM) last released its earnings results on Monday, August 4th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.22. The firm had revenue of $934.80 million for the quarter, compared to analysts’ expectations of $898.77 million. JBT Marel had a negative net margin of 5.08% and a positive return on equity of 7.96%. JBT Marel’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, equities analysts expect 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. Shareholders of record on Monday, August 18th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, August 18th. JBT Marel’s payout ratio is presently -17.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on JBTM shares. Weiss Ratings reissued a “hold (c-)” rating on shares of JBT Marel in a research report on Saturday, September 27th. Robert W. Baird set a $169.00 target price on shares of JBT Marel in a research report on Friday. Finally, William Blair raised shares of JBT Marel from a “market perform” rating to an “outperform” rating in a research report on Wednesday, August 6th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, JBT Marel currently has a consensus rating of “Moderate Buy” and an average target price of $156.00.

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.